Vancouver, B.C., January 18, 2021 – The global cold storage construction market is expected to reach a market size of USD 18.59 Billion by 2027, according to recent analysis by Emergen Research. High revenue growth of the market can be attributed to rising demand for processed and perishable food products. Increasing initiatives of governments to increase adoption of cold storage facilities to reduce food loss and wastage has been driving demand for and deployment of cold storage construction and services. The increasing need for proper handling and storage of food products and minimize risks of cross-contamination has been boosting demand for additional ad larger cold storage facilities.
Source: https://www.emergenresearch.com/industry-report/cold-storage-construction-market