The residential food processors market in Europe is expected to grow from US$ 977.06 million in 2021 to US$ 1,557.67 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.
The e-commerce industry is growing rapidly across the region, and many consumers are increasingly using e-commerce platforms due to their convenience, ease of use, accessibility to various products, and cost-effectiveness. According to the data from Eurostat, e-shoppers in Europe are constantly increasing from 60% in 2017 to 71% in 2020. According to Office for National Statistics, in 2020, 18% of UK consumers purchased household appliances through an e-commerce platform. During the COVID-19 pandemic, the demand increased for small and large food processor appliances. Many companies, such as Robert Bosch GMBH, Koninklijke Philips N.V., and Sharkninja Operating LLC, provide food processors through their websites and e-commerce giants, such as Amazon, Flipkart, and eBay. The increased utilization of e-commerce platforms by the manufacturers to promote and sell their products would create lucrative opportunities for the growth of the residential food processor market worldwide during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is driving the growth of Europe residential food processors market at a substantial CAGR.
Europe Residential Food Processors Market Revenue and Forecast to 2028 (US$ Million)
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Europe Residential Food Processors Market Segmentation
The Europe residential food processors market is segmented on the basis of size, distribution channel, and country. Based on size, the market is segmented into small, medium, and large. In 2020, the medium segment held the largest market share; however, the small segment is expected to register the highest CAGR during the forecast period. Based on distribution channel, the Europe residential food processors market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the specialty stores treatment segment held the largest market share; however, the supermarkets and hypermarkets segment is expected to register the highest CAGR during the forecast period. Further, based on country, the Europe residential food processors market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In 2020, the Rest of Europe held the largest market share; however, Germany is expected to grow at the fastest CAGR during the forecast period.
Koninklijke Philips N.V.; Whirlpool Corporation; Breville Group Limited; De’Longhi Appliances S.r.l.; Robert Bosch GmbH; MAGIMIX; Groupe SEB; Spectrum Brands, Inc.; Conair Corporation; and SharkNinja Operating LLC are among the leading companies in the Europe residential food processors market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country-Level Data
3.2.8 Limitations and Assumptions
4. Europe Residential Food Processors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Europe Residential Food Processor Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Convenient Products
5.1.2 Fostering Number of Home Bakers
5.2 Market Restraints
5.2.1 High Maintenance Cost of Food Processor
5.3 Market Opportunities
5.3.1 Broadening Adoption of Ecommerce
5.4 Future Trends
5.4.1 Strengthening Product Innovation
5.5 Impact Analysis of Drivers and Restraints
6. Europe Residential Food Processor Market Analysis
6.1 Europe Market Overview
6.2 Europe Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Europe Residential Food Processors Market –Volume and Forecast to 2028 (Thousand Units)
7. Europe Residential Food Processors Market Analysis – By Size
7.1 Overview
7.2 Europe Residential Food Processors Market, by Size
7.3 Small
7.3.1 Small: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Medium
7.4.1 Medium: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Large
7.5.1 Large: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Residential Food Processors Market Analysis – By Distribution Channel
8.1 Overview
8.2 Europe Residential Food Processors Market, by Distribution Channel
8.3 Supermarkets and Hypermarkets
8.3.1 Supermarkets and Hypermarkets: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Stores
8.4.1 Specialty Stores: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
8.5.1 Online Retail: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Others: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Residential Food Processors Market – Country Analysis
9.1 Europe Residential Food Processors Market
9.1.1 Europe: Residential Food Processors Market, by Key Country
9.1.1.1 Germany: Residential Food Processors Market –Analysis and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Residential Food Processors Market, by Size
9.1.1.1.2 Germany: Residential Food Processors Market, by Distribution Channel
9.1.1.2 France: Residential Food Processors Market –Analysis and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Residential Food Processors Market, by Size
9.1.1.2.2 France: Residential Food Processors Market, by Distribution Channel
9.1.1.3 Italy: Residential Food Processors Market –Analysis and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Residential Food Processors Market, by Size
9.1.1.3.2 Italy: Residential Food Processors Market, by Distribution Channel
9.1.1.4 U.K: Residential Food Processors Market –Analysis and Forecast to 2028 (US$ Million)
9.1.1.4.1 U.K: Residential Food Processors Market, by Size
9.1.1.4.2 U.K: Residential Food Processors Market, by Distribution Channel
9.1.1.5 Russia: Residential Food Processors Market –Analysis and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Residential Food Processors Market, by Size
9.1.1.5.2 Russia: Residential Food Processors Market, by Distribution Channel
9.1.1.6 Rest of Europe: Residential Food Processors Market –Analysis and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Residential Food Processors Market, by Size
9.1.1.6.2 Rest of Europe: Residential Food Processors Market, by Distribution Channel
10. Company Profiles
10.1 Koninklijke Philips N.V.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Whirlpool Corporation
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Breville Group Limited
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 De’Longhi Appliances S.r.l.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Conair Corporation
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Robert Bosch GmbH
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 MAGIMIX
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 SharkNinja Operating LLC
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Groupe SEB
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Spectrum Brands, Inc.
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Word Index
LIST OF TABLES
Table 1. Europe Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Residential Food Processors Market –Volume and Forecast to 2028 (Thousand Units)
Table 3. Germany Residential Food Processors Market, by Size – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Residential Food Processors Market, by Size – Volume and Forecast to 2028 (Thousand Units)
Table 5. Germany Residential Food Processors Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany Residential Food Processors Market, by Distribution Channel – Volume and Forecast to 2028 (Thousand Units)
Table 7. France Residential Food Processors Market, by Size – Revenue and Forecast to 2028 (US$ Million)
Table 8. France Residential Food Processors Market, by Size – Volume and Forecast to 2028 (Thousand Units)
Table 9. France Residential Food Processors Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10. France Residential Food Processors Market, by Distribution Channel – Volume and Forecast to 2028 (Thousand Units)
Table 11. Italy Residential Food Processors Market, by Size – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy Residential Food Processors Market, by Size – Volume and Forecast to 2028 (Thousand Units)
Table 13. Italy Residential Food Processors Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy Residential Food Processors Market, by Distribution Channel – Volume and Forecast to 2028 (Thousand Units)
Table 15. U.K Residential Food Processors Market, by Size – Revenue and Forecast to 2028 (US$ Million)
Table 16. U.K Residential Food Processors Market, by Size – Volume and Forecast to 2028 (Thousand Units)
Table 17. U.K Residential Food Processors Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 18. U.K Residential Food Processors Market, by Distribution Channel – Volume and Forecast to 2028 (Thousand Units)
Table 19. Russia Residential Food Processors Market, by Size – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia Residential Food Processors Market, by Size – Volume and Forecast to 2028 (Thousand Units)
Table 21. Russia Residential Food Processors Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia Residential Food Processors Market, by Distribution Channel – Volume and Forecast to 2028 (Thousand Units)
Table 23. Rest of Europe Residential Food Processors Market, by Size – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Residential Food Processors Market, by Size – Volume and Forecast to 2028 (Thousand Units)
Table 25. Rest of Europe Residential Food Processors Market, by Distribution Channel – Revenue and Forecast to 2028(US$ Million)
Table 26. Rest of Europe Residential Food Processors Market, by Distribution Channel – Volume and Forecast to 2028 (Thousand Units)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Residential Food Processors Market Segmentation
Figure 2. Europe Residential Food Processors Market Segmentation – By Country
Figure 3. Europe Residential Food Processors Market Overview
Figure 4. Medium Segment Held Largest Share of Europe Residential Food Processors Market
Figure 5. Rest of Europe Region Held Largest Share of Europe Residential Food Processors Market
Figure 6. Europe Residential Food Processors Market, Key Market Players
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Residential Food Processor Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Residential Food Processors Market – Volume and Forecast to 2028 (Thousand Units)
Figure 12. Europe: Residential Food Processors Market Revenue Share, by Size (2020 and 2028)
Figure 13. Small: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Medium: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Large: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Residential Food Processors Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 17. Supermarkets and Hypermarkets: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Specialty Stores: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Online Retail: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Residential Food Processors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Geographic Overview of Europe Residential Food Processors Market
Figure 22. Europe: Residential Food Processors Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. Germany: Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. France: Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. U.K: Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. Russia: Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Europe: Residential Food Processors Market –Revenue and Forecast to 2028 (US$ Million)
- Koninklijke Philips N.V.
- Whirlpool Corporation
- Breville Group Limited
- De’Longhi Appliances S.r.l.
- Robert Bosch GmbH
- MAGIMIX
- Groupe SEB
- Spectrum Brands, Inc.
- Conair Corporation
- SharkNinja Operating LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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