Press release
Snack Maker Appliance Market Size, Share - Industry Trend and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Snack Maker Appliance” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Snack maker appliance is a device that is used to prepare various snack products with the application of hot air technology, by holding the snack in a closed vessel. It is easy to use, install, and requires minimum maintenance. It is fast and portable to utilize in the kitchen for preparing snacks in less time. It also keeps the food warm. It consists of a closed lid that helps to regulate heat inside the appliance. Snack maker is used to make snacks such as popcorn, potato chips, roast peanuts, dry fruits, poppadom, fritters and more with less utilization of oil. This is one of the rapidly expanding segment in kitchen electronic appliances industry and rising day by day due to easy usage. Additionally, it has other additional features which attracts towards consumer such as automation, timer, and temperature regulator. Increase in consumption of snack products will also lead to increase in demand for Snack maker appliances during this forecast period.
The global snack maker appliance market can be segmented based on material type, application type, by snack maker device, technology, end-user, distribution channel, and region. The snack maker assures the safety of the food and maintains its nutritional value. In terms of material type, the snack maker appliances market can be classified into metallic and ABS plastic. Based on application, the snack maker appliances market can be categorized into electric snack maker, microwave snack maker, and non-electric snack maker. In terms of snack making device, the market can be segregated into toasters, sandwich & grill, air fryers, deep fryers, ice-cream maker, popcorn maker, and multi snack maker. The snack maker appliances on the basis of application is categorized into gas and electricity. In terms of technology, the market can be segmented into automatic, semi-automatic, and manual. Based on end-user, the market can be segregated into residential, food industry, and commercial restaurants and cafes. In terms of distribution channel, the snack maker appliances market can be classified into online distribution channel and offline distribution channel. The offline distribution channel segment can be further sub-segmented into hypermarket, supermarket, retail stores, and ecommerce distributors.
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In terms of region, the global snack maker appliances market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe and North America hold a major share of the market, in terms of demand, due to busy schedule of the general population in these region, high trend of use and strong network of distribution channel in these regions. The market in Asia pacific is expanding due to the expansion of the distribution channel network in the region. Additionally, the demand for snack maker appliances is rising in the region due to its attractive features such as timer, temperature regulator for the customer ease usage. The market in Middle East & Africa is also expanding due to the rise in number of commercial restaurants and cafes in the region. South America is witnessing an increase in demand for snack market appliances due to the ease of using them.
The drivers for the snack maker appliances market are increase in consumption of fast food due to busy schedule of consumers, and less time required to prepare the snack. However, it has constraints such as high prices of appliance and equipment malfunction due to liming and corrosion. It is also a rising opportunity for innovation in new design and technology of snack maker appliances to gain better business.
Key players operating in the global snack maker appliances market are Singer, Johnson & Smith, softel machine ltd, Ningbo Orchid electrical appliance manufacturing co. ltd, Philips, Croma, Morphs Richards, and Glen.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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