IMARC Group expects the global multi cooker market to grow at a CAGR of 9.50% during 2021-2026.

SHERIDAN, WYOMING, USA, August 23, 2021 /EINPresswire.com/ -- The latest report by IMARC Group, titled “Multi Cooker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global multicooker market size to grow at a CAGR of 9.50% during 2021-2026. A multicooker refers to a modern electric household appliance that is utilized for automated cooking. It includes several components, such as inner bowl, temperature and pressure sensors, condensate collector, lid, control panel, etc. A multicooker is multifunctional and widely used to roast, stew, grill, boil, bake, steam, fry, etc. These cookers aid in lowering the calories in the food as they utilize less fat or oil for cooking, thereby promoting healthy eating habits. Owing to their convenience, multicookers have gradually replaced numerous kitchen appliances, such as stoves, deep fryers, pans, microwaves, ovens, bread-makers, etc.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The changing dietary habits and rising consumer health consciousness are driving the multi cooker market across the globe. Moreover, the growing adoption of new cooking methods and healthy living practices, is also propelling the market growth. Besides this, the increasing penetration of automated cooking procedures has led to a switch from manual to electric appliances, including multi cookers, which is further augmenting the global market. Moreover, the elevating awareness towards saving energy is also catalyzing the product demand. Additionally, the improving living standards and inflating disposable incomes of the consumers are expected to cater to the multicooker market growth over the forecasted years.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/multi-cooker-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

Philips
Morphy Richards
KitchenAid
Fagor
Breville
Tefal

Multi Cooker Market Segmentation:

Our report has categorized the market based on region, product type, application and distribution channel.

Market Breakup by Product Type:

Round
Cube
Other

Market Breakup by Application:

Restaurants
Home Use
Others

Market Breakup by Distribution Channel:

Electrical Goods Retailers
Supermarkets/Hypermarkets
Departmental Stores
Homeware Stores
Online
Others

Market Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here

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