Multi cooker is a modern electric household appliance which is used for automated cooking. It consists of various parts, such as inner bowl, lid, temperature and pressure sensors, control panel, condensate collector, etc. It is a multifunctional cooker which can be used to boil, roast, bake, stew, fry, grill, steam and prepare yogurt. 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. According to the latest report by IMARC Group, titled “Multi Cooker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global multi cooker market reached a value of US$ 720 Million in 2020.
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, IMARC Group expects the global multi cooker market to grow at a CAGR of 9.50% during 2021-2026.
Market Summary:
- Based on the product type, round multi cookers represent the most popular product type. Other major segments include cube and others.
- On the basis of application, the market has been divided into home use, restaurants and others. At present, home use represents the biggest application segment.
- Based on the distribution channel, the market is categorized into electrical goods retailers, supermarkets/hypermarkets, departmental stores, homeware stores, online and others. Amongst these, electrical goods retailers exhibit a clear dominace in the market.
- Region-wise, North America is the leading market, accounting for the majority of the market share. North America is followed by Europe and Asia Pacific. Other major regions include Middle East & Africa, and Latin America.
- 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.
This report provides a deep insight into the global multi cooker market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the multi cooker market in any manner.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Multicooker Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Price Indicators
5.4.2 Price Structure
5.4.3 Margin Analysis
5.5 Market Breakup by Product Type
5.6 Market Breakup by Application
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Overview
5.11.2 Research and Development
5.11.3 Raw Material Procurement
5.11.4 Manufacturing
5.11.5 Marketing
5.11.6 Distribution
5.11.7 End-Use
5.12 Porters Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
6 Market Breakup by Product Type
6.1 Round
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cube
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Restaurants
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Home Use
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Electrical Goods Retailers
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Supermarkets/Hypermarkets
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Departmental Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Homeware Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Online
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East & Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Multicooker Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Philips
11.3.2 Morphy Richards
11.3.3 KitchenAid
11.3.4 Fagor
11.3.5 Breville
11.3.6 Tefal
List of Figures
Figure 1: Global: Multicooker Market: Major Drivers and Challenges
Figure 2: Global: Multicooker Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Multicooker Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Multicooker Market: Breakup by Application (in %), 2020
Figure 5: Global: Multicooker Market: Breakup by Distribution Channel (in %), 2020
Figure 6: Global: Multicooker Market: Breakup by Region (in %), 2020
Figure 7: Global: Multicooker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 8: Multicooker Market: Price Structure (in US$/Unit)
Figure 9: Global: Multicooker Industry: SWOT Analysis
Figure 10: Global: Multicooker Industry: Value Chain Analysis
Figure 11: Global: Multicooker Industry: Porter’s Five Forces Analysis
Figure 12: Global: Multicooker (Round Type) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Multicooker (Round Type) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Multicooker (Cube Type) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Multicooker (Cube Type) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Multicooker (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Multicooker (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Multicooker (Application in Restaurants) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Multicooker (Application in Restaurants) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Multicooker (Application in Home Use) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Multicooker (Application in Home Use) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Multicooker (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Multicooker (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Multicooker Market: Sales through Electrical Goods Retailers (in Million US$), 2015 & 2020
Figure 25: Global: Multicooker Market Forecast: Sales through Electrical Goods Retailers (in Million US$), 2021-2026
Figure 26: Global: Multicooker Market: Sales through Supermarkets/Hypermarkets (in Million US$), 2015 & 2020
Figure 27: Global: Multicooker Market Forecast: Sales through Supermarkets/Hypermarkets (in Million US$), 2021-2026
Figure 28: Global: Multicooker Market: Sales through Departmental Stores (in Million US$), 2015 & 2020
Figure 29: Global: Multicooker Market Forecast: Sales through Departmental Stores (in Million US$), 2021-2026
Figure 30: Global: Multicooker Market: Sales through Homeware Stores (in Million US$), 2015 & 2020
Figure 31: Global: Multicooker Market Forecast: Sales through Homeware Stores (in Million US$), 2021-2026
Figure 32: Global: Multicooker Market: Sales through Online (in Million US$), 2015 & 2020
Figure 33: Global: Multicooker Market Forecast: Sales through Online (in Million US$), 2021-2026
Figure 34: Global: Multicooker Market: Sales through Other Distribution Channels (in Million US$), 2015 & 2020
Figure 35: Global: Multicooker Market Forecast: Sales through Other Distribution Channels (in Million US$), 2021-2026
Figure 36: North America: Multicooker Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: North America: Multicooker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Europe: Multicooker Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Europe: Multicooker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Asia Pacific: Multicooker Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Asia Pacific: Multicooker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Middle East & Africa: Multicooker Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Middle East & Africa: Multicooker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Latin America: Multicooker Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Latin America: Multicooker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Multicooker Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Multicooker Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Multicooker Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Multicooker Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Multicooker Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Global: Multicooker Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Multicooker Manufacturing: Raw Material Requirements
Table 7: Global: Multicooker Market: Competitive Structure
Table 8: Global: Multicooker Market: Key Players