The global multi cooker market size reached US$ 831.1 Million in 2023. Looking forward, the publisher expects the market to reach US$ 1,929.4 Million by 2032, exhibiting a growth rate (CAGR) of 9.8% during 2023-2032.
Multi cooker is a modern electric household appliance which is used for automated cooking. It consists of various parts, such as inner bowl, lid, temperature and pressure sensors, control panel, condensate collector, etc. It is a multifunctional cooker which can be used to boil, roast, bake, stew, fry, grill, steam and prepare yogurt. Multi cookers reduce the number of calories in the food as it uses less oil or fat for cooking, thereby promoting healthy eating habits. Owing to the convenience of use offered by multi cookers, they have gradually replaced several kitchen appliances, such as microwave, stove, oven, deep fryer, bread-maker, pan, and so on.
The increasing instances of obesity are making consumers more conscious about their health and dietary habits, encouraging them towards new cooking and healthy living practices. This is projected to strengthen the market growth of multi cookers globally. Furthermore, with the advancements in technology and automation in all spheres, consumers are rapidly switching from manual to electric appliances such as multi cooker. Moreover, the high disposable income of the consumers, improving lifestyle, and innovative product offerings and campaigns by the manufacturers are some of the other factors which facilitate the overall growth of global multi cooker market.
This report provides a deep insight into the global multi cooker market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the multi cooker market in any manner.
2. What is the expected growth rate of the global multi cooker market during 2024-2032?
3. What are the key factors driving the global multi cooker market?
4. What has been the impact of COVID-19 on the global multi cooker market?
5. What is the breakup of the global multi cooker market based on the product type?
6. What is the breakup of the global multi cooker market based on the application?
7. What is the breakup of the global multi cooker market based on the distribution channel?
8. What are the key regions in the global multi cooker market?
9. Who are the key players/companies in the global multi cooker market?
Multi cooker is a modern electric household appliance which is used for automated cooking. It consists of various parts, such as inner bowl, lid, temperature and pressure sensors, control panel, condensate collector, etc. It is a multifunctional cooker which can be used to boil, roast, bake, stew, fry, grill, steam and prepare yogurt. Multi cookers reduce the number of calories in the food as it uses less oil or fat for cooking, thereby promoting healthy eating habits. Owing to the convenience of use offered by multi cookers, they have gradually replaced several kitchen appliances, such as microwave, stove, oven, deep fryer, bread-maker, pan, and so on.
The increasing instances of obesity are making consumers more conscious about their health and dietary habits, encouraging them towards new cooking and healthy living practices. This is projected to strengthen the market growth of multi cookers globally. Furthermore, with the advancements in technology and automation in all spheres, consumers are rapidly switching from manual to electric appliances such as multi cooker. Moreover, the high disposable income of the consumers, improving lifestyle, and innovative product offerings and campaigns by the manufacturers are some of the other factors which facilitate the overall growth of global multi cooker market.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global multi cooker market report, along with forecasts at the global and regional level from 2024-2032. The report has categorized the market based on product type, application and distribution channel.Breakup by Product Type:
- Round
- Cube
- Others
Breakup by Application:
- Restaurants
- Home Use
- Others
Breakup by Distribution Channel:
- Electrical Goods Retailers
- Supermarkets/Hypermarkets
- Departmental Stores
- Homeware Stores
- Online
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Philips, Morphy Richards, KitchenAid, Fagor, Breville and Tefal.This report provides a deep insight into the global multi cooker market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the multi cooker market in any manner.
Key Questions Answered in This Report
1. What was the size of the global multi cooker market in 2023?2. What is the expected growth rate of the global multi cooker market during 2024-2032?
3. What are the key factors driving the global multi cooker market?
4. What has been the impact of COVID-19 on the global multi cooker market?
5. What is the breakup of the global multi cooker market based on the product type?
6. What is the breakup of the global multi cooker market based on the application?
7. What is the breakup of the global multi cooker market based on the distribution channel?
8. What are the key regions in the global multi cooker market?
9. Who are the key players/companies in the global multi cooker market?
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Global Multicooker Market
6 Market Breakup by Product Type
7 Market Breakup by Application
8 Market Breakup by Distribution Channel
9 Market Breakup by Region
10 Multicooker Manufacturing Process
11 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Philips
- Morphy Richards
- KitchenAid
- Fagor
- Breville and Tefal
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 831.1 Million |
| Forecasted Market Value ( USD | $ 1929.4 Million |
| Compound Annual Growth Rate | 9.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
