Increasing interest in home cooked meals to augment household slicer market growth
Market Size – USD 320.32 million in 2020 Market CAGR – 5.5% Market Trend – Ease of use and time efficiency to drive market growth in coming years.
The global Household Slicer Market size was valued at USD 320.32 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2027.
With less time to devote in the kitchen, household slicers make it easier for whoever is in charge of cooking meals, to spend more time doing other things. In the developed nations, kitchens are already equipped with many such tools that makes cooking easier and less time consuming. With increasing number of women entering the workforce, household slicers market is expected to register considerable boost.
Rising levels of lifestyle related diseases like obesity and diabetes has also encouraged home cooked meals. Food and nutrition authorities in many developed nations have urged people to consumer at least five portions of fruit and vegetables daily. This has created a considerable opportunity for household slicer market to grow. Slicers can slice vegetables and other food ingredients in seconds and do it more evenly than the human hand can manage. They save time both during cooking and washing. Since slicing, dicing and chopping can take up most of the time needed in cooking any meal, having slicers that make the chore lighter can encourage increased consumption of fruits and vegetables. Most slicers are multipurpose and are designed to retain their sharpness for long periods which leads to less need for replacement and refurbishment.
Even though the pandemic has led to a surge of home cooks and food blogging has skyrocketed, the effects are expected to be temporary. With lifestyles becoming more rapid with time and food take-outs becoming cheap and easy, the unwillingness to spend hours preparing a meal is very reasonable.
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Key Highlights from the Report:
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Segments Covered in the Report
For the purpose of this study, Reports and Data has segmented the global household slicer market report on the basis of product, distribution channel, and region:
Product Outlook (Revenue, USD Million, 2018 – 2028)
Distribution Channel Outlook (Revenue, USD Million, 2018 – 2028)
Regional Outlook (Revenue, USD Million, 2018 – 2028)
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Table of Content:
Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. R&D’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Product Outlook 2.3. Distribution Channel Outlook 2.4. Competitive Insights Chapter 3. Household Slicer Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics 3.4.1. Market Driver Analysis 3.4.2. Market Restraint Analysis 3.4.3. Industry Challenges 3.4.4. Industry Opportunities 3.5. Business Environment Analysis 3.5.1. Industry Analysis – Porter’s 3.5.1.1. Supplier Power 3.5.1.2. Buyer Power 3.6. Roadmap of Household Slicer Market 3.7. Market Entry Strategies 3.8. Impact of COVID-19
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