Press Release

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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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Increasing preference for homecooked food coupled with rising health concerns, growing women workforce along with rising purchasing power and consumer spending to drive demand for multi-functional cooking food processor in Germany until 2022

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