Germany Food Processor Market to Grow at CAGR 10% till 2022
Increasing preference for homecooked food coupled with
rising health concerns, growing number of women in the work force along with increasing purchasing power
and consumer spending to
drive demand for multi-functional cooking food processors in Germany until 2022
According
to a recently released TechSci Research report, “Germany Residential
Multi-Functional Cooking Food Processor Market, By Working Capacity, By Material, Competition Forecast & Opportunities, 2012-2022”,
the Germany residential multi-functional cooking food processor market is
projected to register a CAGR of 10.8%, in value terms, during 2017-2022. Due to rising instances of lifestyle
diseases such as obesity, diabetes, blood pressure, celiac disease, etc.,
consumers in Germany consider home cooked food as a way to overcome health
concerns and this is expected to propel demand for multi-functional food
processor among residential households in the coming years.
Browse 4 market data Tables and
35 Figures spread through 94 Pages and an in-depth TOC on "Germany
Residential Multi-Functional Cooking Food Processor Market"
https://www.techsciresearch.com/report/germany-residential-multi-functional-cooking-food-processor-market-by-working-capacity-small-medium-large-by-material-plastic-stainless-steel-glass-competition-forecast-opportunities/968.html
Vorwerk & Co. KG, Groupe SEB Deutschland GmbH, and De'longhi Deutschland GmbH are some of the leading players in Germany residential multi-functional cooking food processor
market with a majority
combined revenue share in 2016. These companies are expected to maintain their
dominance during the forecast period owing to high product innovation, wide
distribution network, etc. In 2016, Southwest and Southeast regions dominated
the residential multi-functional cooking food processor market and this trend
is expected to continue until 2022. Among material type, stainless steel multi-functional
cooking food processors witnessed the highest revenue share in 2016, due to their
longer life and durability.
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“Changing
consumer preferences, continuous development in supply chain network, rising
health concerns, growing preference towards home cooked food, increasing purchasing
power and rising living standards are anticipated to boost the residential multi-functional cooking
food processor market in Germany
through 2022.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Germany Residential Multi-Functional
Cooking Food Processor Market, By Working Capacity, By Material, Competition
Forecast & Opportunities, 2012-2022” has evaluated the future growth potential of Germany residential multi-functional cooking food processor market and provides
statistics and information on market structure, size, share and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in the Germany residential multi-functional cooking food processor market.
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