Electric Pasta Maker Market Share, Demand, Top Players, Industry Size, Future Growth By 2029
The global electric pasta maker market size is projected to experience dynamic growth in the forthcoming years owing to the increasing demand for smart kitchen appliances across the world, finds Fortune Business Insights™ in its report, titled “Electric Pasta Maker Market, 2022-2029”.
Nowadays, various kitchen appliances such as food processors, electric pasta maker, and others are gaining prominence as these types of appliances help to save a lot of time and energy required in the preparation of food. Hence, there is a high demand for electric pasta maker across several regions, which is projected to fuel the growth of this market. Further, the electric pasta maker enables the customers to cook wide varieties of pasta such as ravioli, noodles, and others without taking much effort. Thus, this is an important factor driving this market’s growth.
However, the easy availability of packaged pasta food products is projected to restrict the growth of this market.
COVID-19 Impact:
The COVID-19 pandemic and the subsequent lockdown restrictions worldwide has hugely affected the consumer goods industry. Further, this pandemic has also impacted the production and distribution of electric pasta maker across the world, which has resulted in the decreasing demand for electric pasta maker and other kitchen appliances.
Fortune Business Insights™ lists out all the electric pasta maker market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
- Hamilton Beach Brands Inc.
- Pasta Machines
- Razorri
- Weston Brands LLC
- Kitchen Aid
- Gaurmia
- Promotions Atlantiques Inc.
- Bravo Systems International B.V.
- William Sonoma Inc.
- Capitani SNC
- Buhler AG
- Lineapasta SRL
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Highlights/Summary:
This report offers a 360-degree study of the market drivers, trends, and opportunities and incorporates an all-encompassing analysis of the hindrances facing the market. Further, the report contains an in-depth understanding of the various market segments and provides an exhaustive evaluation of the competitive landscape and regional developments in the market.
Drivers/Restraints:
Rising Disposable Income of the People across the World to Fuel the Market
With the change in the lifestyle of people around the world and their increasing disposable income, a majority of the world population is inclined towards purchasing of smart kitchen appliances such as juice maker, electric pasta maker, and others in order to cook the food in less time period. This is a crucial factor contributing to the growth of this market. For instance, as per the report published by the Office of National Statistics, Government of the UK, the electrical household sales in the UK reached 127.5 from 94.9 in May 2020 considering a base index of 100.
Market Segmentation:
On the basis of product, this market is classified into pasta machines, attachments and accessories, and others. Based on distribution channel, the market is divided into offline stores and online stores. By end-user, the market is categorized into household, commercial, and industrial. In terms of geography, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
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Regional Insights:
Increasing Utilization of Smart Home Appliances to Boost the North America Market Growth
North America region is projected to dominate in the electric pasta maker market share on account of the increasing utilization of smart home appliances in the countries such as the US and Canada. Further, the rising trend of home-cooked breakfast in this region is projected to propel this market’s growth.
Asia Pacific region is anticipated to grow speedily in this market owing to the rising number of restaurants in the countries such as India and China. Further, the increasing consumption of noodles and pasta in the countries such as Japan and China is projected to fuel this market’s growth in this region.
The Global Electric Pasta Maker Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Electric Pasta Maker? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Electric Pasta Maker Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Electric Pasta Maker Market? What Was Capacity, Production Value, Cost and PROFIT of Electric Pasta Maker Market?
- What Is Current Market Status of Electric Pasta Maker Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Electric Pasta Maker Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Electric Pasta Maker Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Electric Pasta Maker Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Electric Pasta Maker Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Electric Pasta Maker Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electric Pasta Maker Industry?
Competitive Landscape:
Increasing Production of Innovative Electric Pasta Maker to Animate Competition
The prominent companies in the electric pasta maker market are focusing on manufacturing of innovative electric pasta makers which are cost-effective and can be used in the kitchen on a daily basis. This has resulted in the increasing competition among key companies which will help them to widen their business horizons and diversify their business portfolio.
Industry Development:
September 2020: Smeg SPA, a leading Italian domestic appliances manufacturer introduced a monochrome stand mixer in the local market. It also provides various attachments such as stand mixer including pasta rollers and cutler sets to provide a multi-purpose cooking appliance solution to the customers.
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