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Jul, 08 2024

Global Multicooker Market is Rising Exponentially at Rate of 5.0% During the Anticipated Period

The Global Multicooker Market is expected to rise at an annual rate 5.0% in the forecast period of 2021 to 2028 due to the rising health consciousness among consumers across the globe.

On the other hand, sustaining business operations in manufacturing units are is expected to obstruct the market growth in the above mentioned forecast period. High existing penetration of traditional cookers in developing countries is projected to challenge the multicooker market.

Multicooker Market Scenario

According to Data Bridge Market Research, the markets for the multicooker market is escalating due to the escalating charges of electricity  and rising shift from consuming calorie-rich packaged and convenience foods to homecooked meals. Additionally, rising levels of disposable income of the people and increasing working population positively affect the multicooker market.

Furthermore, rise in the inclination of individuals for modular kitchen extends profitable opportunities to the market players.

Now the question is which are the other regions that multicooker market is targeting? Data Bridge Market Research has estimated North America dominates due to the high demand for the best electric cookers within the region. Asia-Pacific is expected to witness significant growth in the forecast period of 2021 to 2028, owning to the change in the living standards in the region.

For more analysis on the multicooker request for a briefing with our analysts

Multicooker Market Scope

The multicooker market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country-based analysis multicooker market is further analyzed based on maximum granularity into further segmentation. The multicooker market on the basis of quartz has been segmented into under 4-quarts electric pressure, 5-quarts electric pressure, 6-quarts electric pressure, 7-quarts electric pressure, and above. Based on material, the multicooker market is segmented into stainless steel, aluminium, ceramic, glass, and hand-anodized aluminium. On the basis of usage, the multicooker market is segmented into boiling, baking, deep fry, and grill roast. Based on end use, the multicooker market is segmented into household/ residential, and commercial. On the basis of sales channel, the multicooker market is segmented into direct, and indirect. Based on product, the multicooker market is segmented into round, cube, and others. On the basis of type, the multicooker market is segmented into small volume, medium volume, and large volume.
  • The multicooker refers to a modern household electrical device that is highly utilized for automatic cooking. It consists of various components, such as, sensors for temperature and pressure, control panel, inner tank, capcondensate collector, and others.

To know more about the study, please click on the below mentioned link,

Key Pointers Covered in the Multicooker Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

 Key Market Competitors Covered in the report

  • Koninklijke Philips N.V.
  • Whirlpool.
  • TTK Prestige Ltd
  • Dacor, Inc.
  • General Electric Company.
  • LG Electronics.
  • Panasonic Corporation of North America.
  • Miele & Cie. KG
  • Sony Corporation
  • Morphy Richards
  • KitchenAid.
  • Breville Pty Ltd
  • BRG Appliances Limited
  • Cuisinart
  • Lakeland

Above are the key players covered in the report, to know about more and exhaustive list of multicooker companies contact

Research Methodology: Global Multicooker Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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