Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Multi-Cooker Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 11.5% during the review period (2022 to 2027).
Multi-Cooker Market Overview
A multi cooker is a contemporary electric home gadget that automates cooking. It is made up of a number of components, including an inner bowl, a cover, pressure and temperature sensors, a control panel, a condensate collector, etc. With its many uses, including boiling, roasting, baking, stewing, frying, grilling, steaming, and making yoghurt, it is a multipurpose cooker. Multi cookers encourage healthy eating practises by lowering the amount of calories in the meal by using less oil or fat during cooking. Multi cookers have gradually supplanted a number of kitchen appliances, including the microwave, stove, oven, deep fryer, bread maker, pan, and others due to the ease of use they provide.
Consumers are becoming more health and nutritional concerned as obesity rates rise, which is motivating them to adopt new cooking and healthy living techniques. This is anticipated to accelerate the market expansion for multi cookers on a global scale. Furthermore, consumers are quickly transitioning from manual to electric appliances like multi cooker due to technological improvements and automation in many sectors. Additionally, increasing lifestyles, high consumer disposable income, and creative product offerings and marketing strategies by the manufacturers are some additional aspects that support the overall expansion of the worldwide multi cooker market.
Who are the Major Players in Multi-Cooker Market?
The global Multi-Cooker includes Bosch, Livoo, Braun, Vitamix, Magic Bullet, MakeCuisine, Taurus, Cellucor, Magimix, Kenwood, Edgecraft, Graef, NutriBullet
Recent Developments:
Greg Teed Joins Vitamix as Chief Financial and Administrative Officer
Vitamix announces Greg Teed as its new chief financial and administrative officer (CFAO) for their high-performance, beloved brand. Teed brings 25 years of finance, strategic planning and operational experience in to the Vitamix CFAO role, including nine years in CFO roles.
“With our 100th anniversary just around the corner, and significant, transformative projects and initiatives planned in the coming years, it was critical for us to find a seasoned professional who is strategic and innovative. In this role, Greg will really help us to maintain our position of financial stability and growth,” said Dr. Jodi Berg, president and CEO, Vitamix. “Greg’s experience, which spans retail, manufacturing and publishing, and includes work with online and brick-and-mortar operations—in addition to his alignment with the Vitamix core values—is exactly what we sought in a CFAO.”
What are the major Applications, Types and Regions for Multi-Cooker Market?
Multi-Cooker Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
- Preschool Scissors (3-4 years old)
- Children's Blunt and Pointed Scissors (4-12 years old)
- Student Scissors (12-18 years old)
By Application it is segmented into
Multi-Cooker Market Regional Analysis
Europe, East Asia, Latin America, North America, Oceania, South Asia, and the Middle East & Africa are the seven important regions of the multi-cooker market. The multi-cooker market is predicted to be dominated by North America, which is also forecast to rise favourably over the coming few years.
The change in living standards, people's busy schedules, and the rise in purchasing power are the factors that are likely to offer potential growth opportunities for the manufacturers in the Asia-Pacific region. The demand for multi-cookers in emerging economies like India and China is also expected to grow at a rapid rate.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Multi-Cooker Market report scope?
Reports Attributes
|
Report Details
|
Forecast Period 2022 to 2027 CAGR
|
CAGR of 11.5% during the review period (2022 to 2027).
|
By Type
|
- Preschool Scissors (3-4 years old)
- Children's Blunt and Pointed Scissors (4-12 years old)
- Student Scissors (12-18 years old)
|
By Application
|
|
By Companies
|
Bosch, Livoo, Braun, Vitamix, Magic Bullet, MakeCuisine, Taurus, Cellucor, Magimix, Kenwood, Edgecraft, Graef, NutriBullet
|
Regions Covered
|
•North America
•Europe
•Asia-Pacific
•Rest of the World
|
Countries Covered
|
•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
116
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Multi-Cooker Report
- Evaluate Multi-Cooker market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Multi-Cooker market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Multi-Cooker market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Multi-Cooker Market is studied from 2017 - 2027.
What is the growth rate of Multi-Cooker Market?
The Multi-Cooker Market is growing at a CAGR of 11.5% over the next 5 years.
Who are the leading key players in Multi-Cooker Market?
Bosch, Livoo, Braun, Vitamix, Magic Bullet, MakeCuisine, Taurus, Cellucor, Magimix, Kenwood, Edgecraft, Graef, NutriBullet
What regions does this Multi-Cooker Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Multi-Cooker Market?
Preschool Scissors (3-4 years old), Children's Blunt and Pointed Scissors (4-12 years old), Student Scissors (12-18 years old)
What are the significant Applications of Multi-Cooker Market?
For Home, For Teaching
