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Press release content from Business Wire. The AP news staff was not involved in its creation.

North America Multi Cooker Market Expected Growth of Almost 9% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

January 8, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 8, 2020--

The “North America Multi Cooker Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The publisher expects the market to reach a value of US$ 441.9 Million by 2024, registering a CAGR of nearly 9% during 2019-2024.

The North America multi cooker market reached a value of US$ 260.8 Million in 2018. 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.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

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 Multi Cooker Market

5.1 Market Performance

5.2 Market Breakup by Product Type

5.3 Market Breakup by Application

5.3 Market Breakup by Distribution Channel

5.4 Market Breakup by Region

5.5 Market Forecast

6 North America Multi Cooker Market

6.1 Market Performance

6.2 Market Forecast

7 North America Multi Cooker Market: Breakup by Product Type

7.1 Round

7.2 Cube

7.3 Others

8 North America Multi Cooker Market: Breakup by Application

8.1 Restaurants

8.2 Home Uses

8.3 Others

9 North America Multi Cooker Market: Breakup by Distribution Channel

9.1 Electrical Goods Retailers

9.2 Supermarkets/Hypermarkets

9.3 Departmental Stores

9.4 Homeware Stores

9.5 Online Stores

9.6 Others

10 North America Multi Cooker Market: Breakup by Country

10.1 United States

10.1.1 Historical market Trends

10.1.2 Market Breakup by Product Type

10.1.3 Market Breakup by Application

10.1.4 Market Breakup by Distribution Channel

10.1.5 Market Forecast

10.2 Canada

11 SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weaknesses

11.4 Opportunities

11.5 Threats

12 Value Chain Analysis

12.1 Overview

12.2 Research and Development

12.3 Raw Material Procurement

12.4 Manufacturing

12.5 Marketing

12.7 Distribution

12.8 End-Use

13 Porter’s Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Rivalry

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/e7137m

View source version on businesswire.com:https://www.businesswire.com/news/home/20200108005629/en/

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SOURCE: Research and Markets

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PUB: 01/08/2020 10:45 AM/DISC: 01/08/2020 10:45 AM