DUBLIN--(BUSINESS WIRE)--The "Multi Cooker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global multi cooker market reached a value of US$ 501 Million in 2017.
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.
Looking forward, the market value is anticipated to reach US$ 897 Million by 2023, expanding at a CAGR of 10.2% during 2018-2023.
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.
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
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
- Philips
- Morphy Richards
- KitchenAid
- Fagor
- Breville
- Tefal
For more information about this report visit https://www.researchandmarkets.com/research/9hntlh/500_million?w=4
