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India Food Preparation Appliances Market Overview,2021-2026

India Food Preparation Appliances Market Overview,2021-2026

Bonafide Research 25-08-2021 87 Pages Figures : 14 Tables : 29
Region : Asia-Pacific Category : Consumer Goods & Services Appliances & Equipment

1. Bajaj Electricals Limited

2. Butterfly Gandhimathi Appliances Limited

3. TTK Prestige Limited

4. Groupe SEB India Private Limited

5. Philips India Limited

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The recently uploaded report by Bonafide Research – India Food Preparation Appliances Market Overview, 2021-2026, provides insights on the market, through market size by value & volume and market share by region & sales channel. Food preparation appliances include those electrical or mechanical machines that help in the easy preparation of food, consumed in daily life. The rising urge of the consumer for an easy and convenient lifestyle is supporting the growth of the food preparation appliances market across the country.

Food processors are not much common in India as it has a higher price as compared to other food preparation appliances. It has many attachments which are not useful to all consumers. Therefore consumers are not willing to purchase food processors. Even though the COVID-19 pandemic adversely affected several industrial domains, it played to the advantage of the vendors operating in the food preparation appliances market. Home quarantines led people to adopt new technologies for better conviction, leading to the expansion of the food preparation appliances market. Post this, the food blender market is expected to be inclining, and reach a value of INR 290 Cr followed by a volume CAGR of more than 19% by the end of the forecasted period. Electric choppers tend to be very basic in preparing food, with just one blade attachment and one button that press to chop.

The e-commerce sector has become a resilient contributor to the growth of the food preparation appliances market in recent times in the country. Furthermore, the unprecedented value of ordering these appliances from the comfort of houses has prompted the masses towards this mode of purchase. The offline segment has been accounting for more than 80% of the market share, while the online segment is expected to grow over an anticipated CAGR of 22%.

The rising urge of the consumers for a better and convenient lifestyle is driving the growth of the food preparation appliances market. Moreover, continuous innovation and product launches coupled with consumer inclination for having modular kitchen products are attracting the consumer. This is expected to fuel the demand for food preparation appliances during the forecast period. In addition, the influence of consumers from various television cookery shows is supporting the demand for such appliances. Many brands are launching different products in the food preparation appliances market with the latest technology. Brands are also launching compact models like a mini chopper and mini food processor which are very cost-effective.

Key players mentioned in the report are Bajaj Electricals Limited, Butterfly Gandhimathi Appliances Limited, Maharaja Whiteline (Groupe SEB India Pvt. Ltd.), Philips India Limited, Preethi Kitchen Appliances Private Limited, Sunflame Enterprises Private Limited, TKK Prestige Limited, Whirlpool Of India Limited, Wonderchef Home Appliances Pvt. Limited

“India Food Preparation Appliance Market Overview, 2021-2026” discusses the following aspects of food preparation appliances in India:

The report gives an in-depth understanding of food preparation appliance market in India:
- India Electric Kitchen Appliance Market Outlook
- India Food Preparation Appliance Market Outlook
- India Food Preparation Appliance Market Size By Value & Forecast
- India Food Preparation Appliance Market Size By Volume & Forecast
- India Food Preparation Appliance Market Segmental Analysis: By Product Type
- India Food Blender Market Size By Value & Forecast
- India Food Blender Market Size By Volume & Forecast
- India Food Processor Market Size By Value & Forecast
- India Food Processor Market Size By Volume & Forecast
- India Electric Chopper Market Size By Value & Forecast
- India Electric Chopper Market Size By Volume & Forecast
- India Hand Mixer Market Size By Value & Forecast
- India Hand Mixer Market Size By Volume & Forecast
- Product, Price and Variant Analysis
- The key vendors in this market space
- Competitive Landscape & Strategic Recommendations

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of food preparation appliances in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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