Market Overview:
The global food preparation appliance market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food preparation appliances from residential and commercial users. Additionally, the growing trend of smart homes is also contributing to the growth of this market. The 4 cup capacity segment is expected to dominate the global food preparation appliance market during the forecast period, owing to its low price and easy portability. However, with technological advancements being made in this sector on a regular basis, 8 cup capacity appliances are also gaining popularity among consumers due their larger cooking capacities.
Product Definition:
A food preparation appliance is a household device that is used to help in the preparation of food. This can include anything from a microwave to a stand mixer. Food preparation appliances are important because they make it easier for people to cook their own food. This can be helpful for people who are on a tight budget or who want more control over the ingredients that they are using in their food.
4 Cup Capacity:
4 cup capacity is the maximum amount of liquid that can be prepared or processed in a food preparation appliance. The 4-cup capacity food processor, also called as mini processor or small processor, is an ideal tool for making perfect purees and chopping vegetables quickly and efficiently. It's easy to clean property makes it more preferable among consumers who prefer preparing their meals at home.
8 Cup Capacity:
8 cup capacity food preparation appliance is used to prepare food in eight cups at a time. It can be used for various purposes such as making coffee, tea, boiling water for instant noodles or cooking rice. The most common use of 8 cup capacity appliances is to make small portions of yogurt and other dairy products like milk, curd and paneer.
Application Insights:
The commercial use segment dominated the global food preparation appliance market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to an increase in demand for frozen and processed foods, which are more convenient and cost-effective than their fresh counterparts. Furthermore, a rise in working class people as well as a growing number of cafes and restaurants has boosted product demand across commercial applications globally.
Residential use is projected to witness significant growth over the forecast period owing to rising disposable income among middle-class families coupled with increasing awareness regarding health benefits associated with using such devices at home instead of relying on outside catering services or preparing meals manually. Moreover, manufacturers are launching new products specifically designed for residential purposes that offer easy cleaning along with uniform heating throughout the cooking area thus driving product adoption across this segment globally over the next eight years or so.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for convenience food and increasing awareness about healthy eating habits among consumers. Asia Pacific is anticipated to witness significant growth over the next eight years due to changing consumer preferences, growing disposable income levels, and rising adoption of western culture of living. Moreover, increasing number of restaurants and hotels are expected to drive regional product demand in future years.
The European market also held a considerable share in terms of revenue as well as volume consumed in 2017 owing largely increased consumption by households across countries such as Germany, U.K., Italy, Spain & France on account higher purchasing power parity (PPP) GDP per capita compared with other regions especially developing economies like China & India).
Growth Factors:
- Increasing demand for convenience foods: The food preparation appliance market is expected to benefit from the increasing demand for convenience foods, which are easy to prepare and do not require a lot of time or effort. This is particularly true among working professionals and young adults who are short on time and want to be able to prepare a meal quickly.
- Rising disposable income: Another key growth driver for the food preparation appliance market is rising disposable income, which allows consumers to invest in more expensive appliances that offer better performance and features. In particular, developing countries such as China and India are expected to see strong growth in this market due to their growing middle class populations.
- Growing trend of home cooking: A third key growth driver for the food preparation appliance market is the growing trend of home cooking, which has been spurred by concerns over unhealthy processed foods and an interest in eating fresh, healthy meals made from scratch. This has led many consumers to purchase appliances such as blenders, juicers, mixers, ovens etc., that can help them cook meals at home quickly and easily.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Preparation Appliance Market Research Report
By Type
4 Cup Capacity, 8 Cup Capacity, 12 Cup Capacity, Over 12 Cup Capacity
By Application
Residential Use, Commercial Use
By Companies
Delonghi, Conair (Cuisinart), Whirlpool (KitchenAid), Hamilton Beach Brands, BSH Home Appliances, Breville, TAURUS, Magimix, Spectrum Brands (Black+ Decker), Newell Brands (Oster), Philips, Panasonic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Food Preparation Appliance Market Report Segments:
The global Food Preparation Appliance market is segmented on the basis of:
Types
4 Cup Capacity, 8 Cup Capacity, 12 Cup Capacity, Over 12 Cup Capacity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Delonghi
- Conair (Cuisinart)
- Whirlpool (KitchenAid)
- Hamilton Beach Brands
- BSH Home Appliances
- Breville
- TAURUS
- Magimix
- Spectrum Brands (Black+ Decker)
- Newell Brands (Oster)
- Philips
- Panasonic
Highlights of The Food Preparation Appliance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4 Cup Capacity
- 8 Cup Capacity
- 12 Cup Capacity
- Over 12 Cup Capacity
- By Application:
- Residential Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Preparation Appliance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food preparation appliances are kitchen tools that help you cook food. They can include a stove, oven, microwave, or dishwasher.
Some of the key players operating in the food preparation appliance market are Delonghi, Conair (Cuisinart), Whirlpool (KitchenAid), Hamilton Beach Brands, BSH Home Appliances, Breville, TAURUS, Magimix, Spectrum Brands (Black+ Decker), Newell Brands (Oster), Philips, Panasonic.
The food preparation appliance market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Preparation Appliance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Preparation Appliance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Preparation Appliance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Preparation Appliance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Preparation Appliance Market Size & Forecast, 2020-2028
4.5.1 Food Preparation Appliance Market Size and Y-o-Y Growth
4.5.2 Food Preparation Appliance Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 4 Cup Capacity
5.2.2 8 Cup Capacity
5.2.3 12 Cup Capacity
5.2.4 Over 12 Cup Capacity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Preparation Appliance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Preparation Appliance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 4 Cup Capacity
9.6.2 8 Cup Capacity
9.6.3 12 Cup Capacity
9.6.4 Over 12 Cup Capacity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 4 Cup Capacity
10.6.2 8 Cup Capacity
10.6.3 12 Cup Capacity
10.6.4 Over 12 Cup Capacity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 4 Cup Capacity
11.6.2 8 Cup Capacity
11.6.3 12 Cup Capacity
11.6.4 Over 12 Cup Capacity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 4 Cup Capacity
12.6.2 8 Cup Capacity
12.6.3 12 Cup Capacity
12.6.4 Over 12 Cup Capacity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 4 Cup Capacity
13.6.2 8 Cup Capacity
13.6.3 12 Cup Capacity
13.6.4 Over 12 Cup Capacity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Preparation Appliance Market: Competitive Dashboard
14.2 Global Food Preparation Appliance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delonghi
14.3.2 Conair (Cuisinart)
14.3.3 Whirlpool (KitchenAid)
14.3.4 Hamilton Beach Brands
14.3.5 BSH Home Appliances
14.3.6 Breville
14.3.7 TAURUS
14.3.8 Magimix
14.3.9 Spectrum Brands (Black+ Decker)
14.3.10 Newell Brands (Oster)
14.3.11 Philips
14.3.12 Panasonic
