Press release
Multi Cooker Market Projected to Expand at a CAGR of More Than 10% During 2018-2023
Over the years, the global multi cooker market has witnessed a healthy growth. This growth can be attributed to the rising cases of obesity, growing health-consciousness among consumers, increasing R&D activities and augmenting demand for innovative multicookers worldwide.According to the latest report by IMARC Group, titled “Multi Cooker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global multi cooker market reached a value of US$ 501 Million in 2017. Multi cookers refer to electric appliances used for automated cooking. They are used for several applications like boiling, simmering, baking, frying, deep frying, grilling, roasting and steaming. Besides this, they can also be utilized for warming, reheating or cooking food at different time intervals. Due to the convenience provided by multi cookers, they are gradually replacing kitchen appliances like pans, ovens, stoves, microwaves, deep fryers and bread-makers. Moreover, the elevating purchasing power of the consumers has led to an increase in the demand for these cookers globally.
Browse full report along with complete TOC: https://www.imarcgroup.com/multi-cooker-market
Market Trends:
Owing to a rise in health-consciousness, consumers are now incorporating healthy eating practices and shifting from junk food to home cooked food. As multi cookers help in preparing a range of dishes easily, the growing trend of cooking at home has led to a rise in their demand. Apart from this, with advancements in technology and automation in numerous industries, the consumers are now switching from manual cooking appliances to electric variants such as induction stoves and multi cookers. Moreover, vendors are investing in R&D activities to widen their consumer-base by introducing innovative products like smart Bluetooth-enabled multifunctional pressure cookers. The multi cooker market is also being strengthened by social media and digital advertising campaigns by the manufacturers offering consumers information about their new appliances. Owing to the abovementioned factors, the market is projected to expand at a CAGR of more than 10% during 2018-2023, exceeding a value of US$ 897 Million by 2023.
Get more details about the report in a free sample: https://www.imarcgroup.com/request?type=report&id=927&flag=B
Global Multicooker Market Segmentation:
Market Breakup by Product Type
1. Round
2. Cube
3. Others
Based on product type, the market is divided into round, cube and others. Currently, round multi cookers represent the most popular type, holding the largest share of the total market.
Market Breakup by Application
1. Restaurants
2. Home Uses
3. Others
On the basis of applications, home use represents the largest segment, accounting for the dominant share of the market. Home use is followed by restaurants and others.
Market Breakup by Distribution Channel
1. Electrical Goods Retailers
2. Supermarkets/Hypermarkets
3. Departmental Stores
4. Homeware Stores
5. Online
6. Others
Based on distribution channels, the market is segregated as electrical goods retailers, supermarkets/hypermarkets, departmental stores, homeware stores and online.
Market Breakup by Region
1. North America
2. Europe
3. Asia Pacific
4. Middle East & Africa
5. Latin America
Competitive Landscape
The competitive landscape of the multi cooker market has also been examined with some of the key players being Philips, Morphy Richards, KitchenAid, Fagor, Breville and Tefal.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Multi Cooker Market Projected to Expand at a CAGR of More Than 10% During 2018-2023 here
News-ID: 1461753 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Multi
Multi Charge Travel Pro: The Ultimate Multi-Device Charging Solution
For frequent travelers, finding a reliable way to charge multiple devices across different countries can be a hassle. The Multi Charge Travel Pro promises to solve this problem by offering a universal charging solution that adapts to electrical outlets in over 150 countries. With its compact design, multiple USB ports, and built-in safety features, this adapter aims to be an essential travel companion. But does it live up to the…
CASwell Announces MEC-6300 Multi-Access, Multi-Wireless Intelligent Edge System
Versatile & Flexible Edge Server Based On Intel Atom CPU (Denverton-NS Refresh) Offering A Variety Of Network Connectivity & AI Support
2020/11/17 - CASwell, a leading manufacturer of innovative and high-performance SD-WAN (uCPE/vCPE) and network security systems, is delighted to announce that the new, highly versatile and flexible MEC-6300 edge computing system will be available for customers soon.
The CASwell MEC-6300 is based on the Intel Atom Processor C3558R (Denverton-NS Refresh) with…
How Multi-store works in Purpletree Opencart Multi vendor Marketplace Extension
Purpletree multivendor marketplace is specially designed and developed for an online eCommerce business on Opencart. Our multi-vendor marketplace extension provides many facilities for Admin, Seller, and customers like the seller can manage his own products, orders, etc. In PurpleTree multi-vendor marketplace, one more facility included that is Multi-Store, so, first of all, you need to know about multi-store on the multi-vendor market place, In our PurpleTree multivendor admin, can add…
Expand Your Business with Opencart Multi-Vendor, Support Multi-Store
Purpletree multivendor marketplace is specially designed and developed for an online eCommerce business on Opencart. Our multi-vendor marketplace extension provides many facilities for Admin, Seller and customers like seller can manage his own products, orders, etc. In PurpleTree multi vendor marketplace, one more facility included that is Multi Store, so, first of all, you need to know about multi-store on the multi-vendor market place, In our Opencart multivendor admin,…
Multi-functional Printer Market Report 2018: Segmentation by Type (Multi-Functio …
Global Multi-functional Printer market research report provides company profile for Ricoh, Xerox, Canon, HP, KYOCERA Document Solutions and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Multi-Level Installation
Increased flexibility for installing Stauff ACT clamps thanks to the use of safety locking plates and stacking bolts
Stauff ACT clamps are an innovatively designed solution for the installation of pipework in applications where efficient protection against corrosion is essential. The development of crevice corrosion on pipelines – a known and documented problem in the oil and gas industry – can be prevented long-term. This solution also generates enormous savings…