Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "Multi Cooker Market by Product Type (Round, Cube, and Others), Application (Restaurants, Home Use, and Others), Distribution Channel (Electrical Goods Retailers, Supermarkets/Hypermarkets, Departmental Stores, Homeware Stores, Online, and Others), and Region 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The global multi cooker market size reached USD 910.2 million in 2024. Looking forward, the market is forecast to reach USD 2.06 billion by 2033, exhibiting a growth rate (CAGR) of 9.04% during 2025-2033. The rising demand for convenient cooking solutions is increasing the popularity of the product among busy households, which is stimulating the market. 
The increasing instances of obesity are making consumers more conscious about their health and dietary habits, encouraging them towards new cooking and healthy living practices. This is projected to strengthen the market growth of multi cookers globally. Furthermore, with the advancements in technology and automation in all spheres, consumers are rapidly switching from manual to electric appliances such as multi cooker. Moreover, the high disposable income of the consumers, improving lifestyle, and innovative product offerings and campaigns by the manufacturers are some of the other factors which facilitate the overall growth of global multi cooker market.
Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global multi cooker market report, along with forecasts at the global and regional level from 2025-2033. The report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type
- Round
- Cube
- Others
Based on the product type, round multi cookers represent the most popular product type. Other major segments include cube.
Breakup by Application
- Restaurants
- Home Use
- Others
On the basis of application, the market has been divided into home use, restaurants, and others. At present, home use represents the biggest application segment.
Breakup by Distribution Channel
- Electrical Goods Retailers
- Supermarkets/Hypermarkets
- Departmental Stores
- Homeware Stores
- Online
- Others
Based on the distribution channel the market is categorized into electrical goods retailers, supermarkets/hypermarkets, departmental stores, homeware stores, online, and others. Amongst these, electrical goods retailers exhibit a clear dominance in the market.
Breakup by Region
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- Latin America
Region-wise, North America is the leading market, accounting for the majority of the market share. Other major regions include Asia-Pacific, Europe, Middle East & Africa and Latin America.
Competitive Landscape
The competitive landscape of the market has also been examined with some of the key players being:
- Philips
- Morphy Richards
- KitchenAid
- Fagor
- Breville
- Tefal
Key Questions Answered in the Report
1. What was the size of the global multi cooker market in 2024?
2. What is the expected growth rate of the global multi cooker market during 2025-2033?
3. What are the key factors driving the global multi cooker market?
4. What has been the impact of COVID-19 on the global multi cooker market?
5. What is the breakup of the global multi cooker market based on the product type?
6. What is the breakup of the global multi cooker market based on the application?
7. What is the breakup of the global multi cooker market based on the distribution channel?
8. What are the key regions in the global multi cooker market?
9. Who are the key players/companies in the global multi cooker market?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 149 |
| Forecast Period | 2024-2033 |
| Estimated Market Value (USD) in 2024 | $910.2 Million |
| Forecasted Market Value (USD) by 2033 | $2,060 Million |
| Compound Annual Growth Rate | 9.5% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/paypk7
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