Press Release

Europe Food Processor Market to Grow at a CAGR of over 7% during 2017 – 2022

Increasing household disposable income, improving standard of living, and growing need for convenient and technologically advanced appliances to drive Europe food processor market through 2022

According to a recently released TechSci Research report, Europe Food Processor Market By End Use Sector, By Working Capacity, By Power, By Country, Competition Forecast & Opportunities, 2012 – 2022”, the food processor market in Europe is projected to grow at a CAGR of over 7% during 2017 – 2022. A large base of the region’s population is getting busier, with lesser time to get involved in household activities or to indulge in cooking, thus driving the market for food processors in Europe. Moreover, increase in number of working women along with growing awareness regarding the benefits of eating homecooked food is positively influencing Europe food processor market.

Browse 1 market data Tables and 87 Figures spread through 130 Pages and an in-depth TOC on "Europe Food Processor Market"

https://www.techsciresearch.com/report/europe-food-processor-market-by-end-use-sector-residential-vs-commercial-by-working-capacity-below-1-4l-1-4l-2-5l-and-more-than-2-5l-by-power-less-than-400w-400-499w-etc-by-country-competition-forecast-opportunities/1096.html

In Europe, consumers prefer choosing convenient and multi-cooking devices with higher-quality for ease of cooking. Moreover, growing emphasis on homecooked food, increasing awareness regarding benefits of healthy lifestyle and expanding working population are aiding Europe food processor market. Furthermore, expanding urban population and increasing working base are some of the other factors expected to propel the demand for food processors in Europe over the next five years. According to the Organisation for Economic Co-operation and Development (OECD), the European Union’s household disposable income annual growth rate grew at 2.20% in 2015. Improvement in household disposable income leads to shifting mindset of consumers towards food processors, thereby aiding Europe food processors market during forecast period.

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“Due to rise in occurrence of lifestyle diseases such as obesity, diabetes, blood pressure, celiac disease, etc., coupled with growing health concerns, consumers in Europe consider opting for home cooked food, thereby aiding the region’s food processors market. Growing tourist footfall in the region is another major factor propelling the demand for food processors, especially from commercial sector, which includes hotels, restaurants, bakeries, cafes, etc.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Europe Food Processor Market By End Use Sector, By Working Capacity, By Power, By Country, Competition Forecast & Opportunities, 2012 – 2022 has evaluated the future growth potential of Europe 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 to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the Europe 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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