Italy Food Processor Market to Grow at 11% till 2022
Increasing
disposable income, growing need for convenient and technologically advanced
cooking appliances, and expanding women workforce to drive Italy residential multi-functional
cooking food processor market by 2022
According to a TechSci
Research report, “Italy
Residential Multi-Functional Cooking Food Processor Market By Working Capacity, By Material, Competition Forecast &
Opportunities, 2012 – 2022”, Italy residential multi-functional cooking
food processor market is projected to grow at a CAGR of over 11% during 2017-2022.
High disposable income of consumers coupled with rise in number of household
units is contributing to the rapid growth in the sales of household appliances
in Italy, including residential multi-functional cooking food processors. A
large base of the country’s population is getting busier, with lesser time to
get involved in household activities or to indulge in cooking, thus driving the
market for residential multi-functional cooking food processors in the country.
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25 Figures spread through 85 Pages and an in-depth TOC on "Italy
Residential Multi-Functional Cooking Food Processor Market"
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High flexibility
and convenience are other major factors propelling the demand for residential
multi-functional cooking food processors in Italy. Residential multi-functional
cooking food processor allows time-saving while preparing the main course and
other dishes. According to World Bank, the female participation ratio in total
labor force in Italy increased from 41.11% in 2011 to 41.84% in 2014. Increase
in number of working women along with growing awareness regarding the benefits
of healthy cooking is positively influencing Italy residential multi-functional
cooking food processor market.
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For a majority of people around the world, Italy is
synonymous with pasta, pizza and wine. Italy’s food is one of its main selling
points. Rising international travel, surging internet penetration, increase in
number of TV cookery programs and growing influence of celebrity chefs is
further intensifying the trend of cooking various delicacies in the country.
However, time crunch continues to be a constraint, restricting the citizens’
ability to cook from scratch regularly, thereby augmenting demand for residential
multi-functional cooking food processors in the country.
“Earlier, food processors were used only for chopping,
slicing, grinding or making dough. However, with technological advancements,
product innovations and busy lifestyle of consumers, the popularity of
multi-functional cooking food processors in Italy is increasing. Moreover,
manufacturers are rapidly innovating their products with an aim of providing
multi-functional features in a single appliance, which is positively
influencing the market.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Italy Residential
Multi-Functional Cooking Food Processor Market By
Working Capacity, By Material, Competition Forecast & Opportunities, 2012 –
2022” has
evaluated the future growth potential of Italy 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 Italy residential multi-functional cooking food processor food market.
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