The North America multi cooker market reached a value of US$ 284.8 Million in 2019. Multi cooker is a type of modern electrical household appliance used for automated cooking. Inner bowl, lid, condensate collector, control panel, temperature and pressure sensors are some of the essential parts of a multi cooker. It is multifunctional as it can be used to bake, boil, roast, grill, steam, stew and fry. Multi cooker offers several health benefits as it uses less oil in preparing food, thus reducing the overall calories. Other than promoting healthy food habits, multi cooker can also serve diverse purposes of different kitchen appliances such as bread-maker, oven, deep fryer, and microwave.
North America multi cooker market is currently being driven by several factors. The rising health consciousness and increasing prevalence of chronic diseases in the region has induced the need for new cooking and healthy living practices among consumers. Furthermore, the rising technological advancements coupled with the increasing demand for automated products such as multi cooker, has further impelled the market growth. Moreover, the high-income levels and standards of living of the consumers have stimulated the market growth in North America. Furthermore, the manufacturers are also investing in R&D activities to widen their consumer-base by introducing innovative products like smart Bluetooth-enabled multifunctional pressure cookers. Looking forward, IMARC Group expects the market to reach a value of US$ 472.4 Million by 2025, registering a CAGR of 8.8% during 2020-2025.
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Report Customization: Although IMARC has tried to cover everything in the North America multi cooker market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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