Newark, NJ, June 24, 2021 (GLOBE NEWSWIRE) – According to the report published by Fior Markets, the global domestic slicer market is expected to increase from $ 331.25 million in 2020 and reach $ 525.97 million by 2028, with a CAGR of 5.95% during the forecast period 2021-2028.
Household slicers are expected to gain popularity as the positive influence of food intake increases and the number of food bloggers increases. Compared to traditional implements, household slicers are gaining in popularity because they minimize the time required to cut different kinds of food. Household slicers are in high demand due to a growing trend towards efficient kitchen items in the residential area. The acceptance and introduction of new and exotic cuisines, along with the growing popularity of finger foods, is expected to increase the demand for specialty instruments. Growing labor force, expanding base of middle class income groups, affluent customers and better consumer lifestyles are all expected to drive demand for home slicers across the board.
Using a homemade slicer instead of a knife saves time and maintains the texture of the meal. Slicers can usually be easily changed to cut different thicknesses of slices. Older household slicers may use a hand crank to operate, but newer models use an electric motor. While most slicers are designed for professional use, there are some types that can be used around the home. The term “manual household slicer” refers to an apparatus which requires the operator to slice food by hand. Operator must move cart or slicer blade to cut food. This slicer is in no way supplied with electricity. This manual slicer is powered entirely by the user’s own power. It can become difficult or tiring after a while. Despite the fact that it is called a household manual slicer, it can cut more than household slices. An electric household slicer is also known as an automated household slicer. This automatic slicer will save a lot of user time. It has an electric motor that moves the cart for the user. Therefore, the user will not have to do heavy work. Most household electric slicers only have one speed and the ability to switch to manual slicing. This versatility allows users to have the best of both worlds. Because a household electric slicer sits on a platter and moves back and forth, the user does not have to hold the food to be sliced.
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Younger customers, who make up the majority of the workforce, as well as those in Western countries who are more likely to organize dinners and cook in their backyard during the holiday season, are expected to increase the need for such slicers. . In the event of a pandemic, consumers focused on devices that help with cooking, health and wellness in the months since. With the closure of restaurants and the delivery of food deemed unsafe due to the coronavirus, an increase in the number of people is turning to home cooking. The trade in household slicers needed in the kitchen, as well as other cooking appliances and kitchen utensils, has benefited from this need which has become a trend in home cooking.
The major players operating in the global domestic slicer market are Swedinghaus, Foodmate, Hallde, Devile Technologies, Sirman, MHS Schneidetechnik, Bizerba SE & Co. KG, Wente-Thiedig GmbH, Brunner GmbH and Magurit Gefrierschneider GmbH. To gain significant market share in the global household slicer market, major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations and partnerships.
Automated slicers should show the highest value of about $ 329.20 million by 2028
The product segment includes automatic and manual. By 2028, the automated slicer market is expected to reach a peak value of approximately $ 329.20 million. The need for domestic automatic slicers is expected to increase as the economy grows and the tourism sector expands. As the hospitality industry focuses on providing more lavish bedding sets in order to provide the greatest comfort and warmth, this should positively influence the growth of the segment.
Online Segment Expected to Show Highest Value of $ 358.39 Million by 2028
The distribution channels segment includes online and offline. The online segment is expected to have the highest value of $ 358.39 million by 2028. One of the main reasons for the growing popularity of online shopping channels is the growing internet penetration among the population. average, as well as the increased use of smartphones. With the development of e-commerce giants, consumers are rapidly migrating to online shopping. Due to this significant shift in the choice of customers from offline to online, a number of manufacturers are turning to direct-to-consumer sales to sell their products and increase their profit margins. By providing high quality items, direct-to-consumer channels should develop branded links with customers.
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Regional Segment Analysis of Household Slicer Market
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, rest of Europe)
- Asia-Pacific (China, Japan India, rest of APAC)
- South America (Brazil and rest of South America)
- Middle East and Africa (UAE, South Africa, rest of MEA)
On the basis of geography, the global household slicer market is categorized as North America, Europe, South America, Asia-Pacific, Middle East and Africa. With a value of $ 164.31 million in 2028, Asia-Pacific is expected to show the highest value in the projected years. India, South Korea, Singapore, China, Hong Kong and Japan are the main countries where the product will have a lot of potential in the coming years. Consumers are opting for low and mid-priced items due to the increased penetration and convenience of utility slicers in residential areas across the region. However, as customers become more willing to spend on high quality traditional instruments to experience new cuisines, the need for this product is expected to increase in Asia Pacific.
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About the report:
The global household slicer market is analyzed on the basis of value (Million USD). All segments were analyzed on a global, regional and national basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges to gain key insights into the market. The study includes the model of the five forces of the wearer, the analysis of attractiveness, the analysis of raw materials and the analysis of the position grid of the competitors.
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Fior Markets is a futuristic market intelligence company, helping clients develop their business strategies and make better decisions using actionable intelligence. With a transparent information pool, we achieve client goals, high level engagements and targeting possible perspectives for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market research reports, especially in industries such as technology, pharmaceuticals, consumer goods, food & beverage, chemicals, media, materials and many more. Our strategic intelligence capabilities are deliberately planned to drive the expansion of your business and elucidate the vigor of various industries. We hold distinguished units of highly expert analysts and consultants according to their respective fields. The global market research reports we provide involve qualitative and quantitative analysis of the current market scenario according to the separate geographic regions and complete performance in different regions with a holistic approach. Plus, our syndicated research reports offer a comprehensive guide to keeping businesses up to date with the major overhaul coming in their fields. Fior Markets facilitates clients with personalized research analyzes based on their exact requirements, specifications and challenges, whether it is full desk research, investigative work, composition of multiple methods, detailed interviews or competitive intelligence. Our research experts are experienced in matching the exact people and methodology to your business needs.
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