PROSPECTS AND OPPORTUNITIES
Volume growth of food preparation appliances set to accelerate
Retail volume sales of food preparation appliances are expected to see solid, accelerating growth in the US over the course of the forecast period, with sales set to increase across all categories. This will be aided in the short term by an improved macroeconomy, as lower interest rates encourage higher discretionary spending.
Compact and multi-use food preparation appliances will continue to trend
Lower interest rates over the forecast period are expected to energise the housing market in the US. Growth in demand for kitchen renovations is expected, with subsequent growth for small kitchen appliances to follow.
Kitchen robots pose a threat to more traditional food preparation appliances
Demand for kitchen robots – smart appliances that automate the entire cooking process – is expected to continue to grow over the forecast period. Because these kinds of machines assume so many cooking functions, they also threaten to take share from existing brands in food preparation appliances.
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Overview:
Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Food Preparation Appliances industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Food Preparation Appliances in USA report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Food Preparation Appliances in USA?
- Which are the leading brands in USA?
- How are products distributed in USA?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Food Preparation Appliances in the US - Category analysis
KEY DATA FINDINGS
Food preparation appliances returns to volume growth as trends normalise
Portable blenders offer a convenient option for consumers on-the-go
Bucking the trend of stability in the competitive landscape, Ninja maintains share growth
Volume growth of food preparation appliances set to accelerate
Compact and multi-use food preparation appliances will continue to trend
Kitchen robots pose a threat to more traditional food preparation appliances
Consumer Appliances in the US - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Food Preparation Appliances
- Blenders
- Food Processors
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- Centrifugal Juicers
- Slow Juicers
- Mixers
- Other Food Preparation Appliances
Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Food Preparation Appliances research and analysis database.
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