The latest report by IMARC Group, titled “Multi Cooker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on multi cooker market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global multi cooker market size reached US$ 776.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,476.5 Million by 2028, exhibiting a growth rate (CAGR) of 10.9% during 2023-2028.

A multi-cooker is a versatile kitchen appliance designed to streamline cooking by combining various functions in one device. Typically featuring options for pressure cooking, slow cooking, sautéing, steaming, and more, multi-cookers simplify meal preparation. With programmable settings and automatic features, users can easily switch between cooking methods, saving time and effort. The convenience of a multi-cooker extends to its ability to prepare a wide range of dishes, from soups and stews to rice and desserts. As a compact and efficient kitchen companion, the multi-cooker caters to busy lifestyles, offering a single appliance that easily performs multiple culinary tasks.

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Market Trends:

The global market is primarily driven by the trend of time-conscious and convenience-focused lifestyles. These cookers offer a comprehensive solution for busy individuals seeking efficient and versatile kitchen appliances. With the ability to perform various cooking functions in a single device, they streamline meal preparation and reduce the need for multiple kitchen tools. Furthermore, rapid technological advancements are catalyzing market growth. Intelligent programming, touch-screen interfaces, and connectivity options contribute to the growing appeal of these appliances. Moreover, the growing interest in healthy eating and home-cooked meals further drives market growth. Multi-cookers accommodate various cooking methods, allowing users to prepare a diverse range of dishes using fresh ingredients. This aligns with the health-conscious preferences of consumers seeking control over their meals. Besides, the expanding culinary landscape and the desire for diverse cuisines also contribute to the popularity of multi-cookers. Additionally, the market benefits from the growing awareness of energy efficiency and sustainable cooking practices. This, in turn, is providing a boost to the market.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • 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.

Breakup by Product Type:

  • Round
  • Cube
  • Other

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 (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 (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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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