Spiralizer Market Size Is Expected To Grow Approximately At A Cagr Of 5.9% During The Forecast Period: Reed Intelligence

2023-08-07 12:33:02

(MENAFN- GlobeNewsWire - Nasdaq) New York, United States, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The report finds that the growth of the spiralizer market is being driven by the increasing demand for healthy and convenient food options. Spiralizers are a popular kitchen appliance that can be used to make healthy and delicious vegetable noodles, which are a great alternative to pasta. The report also notes that the market is being supported by the rising popularity of plant-based diets.

However, the report also identifies some challenges that could hinder the growth of the spiralizer market. These challenges include the high cost of spiralizers, as well as the lack of awareness about the benefits of spiralized vegetables.

Despite these challenges, the global spiralizer market is expected to grow at a CAGR of 5.9% during the forecast period of 2023-2031. The growth of the market is being driven by the factors mentioned above, as well as the increasing disposable income of consumers in developing countries.

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Market Dynamics

Vegetable noodles made with a spiralizer are a delicious and healthy alternative to pasta. Spiralizers are a common kitchen tool. As people explore for ways to include more veggies in their diets, the popularity of health and wellness trends has raised the need for spiralizers.

Zoodles, spiralized carrots, and spiralized sweet potatoes are just a few of the plant-based foods that may be prepared using spiralizers, a multipurpose kitchen tool. The market for spiralizers is expanding as a result of the rising acceptance of plant-based diets.

Because customers in emerging nations have more disposable income and are seeking out healthier and more accessible food options, it is anticipated that the spiralizer industry would expand more quickly in these nations.

Key Players

Zyliss
Paderno
OXO
KitchenAid
Hamilton Beach
Morphy Richards
Adoric
Kuhn Rikon
Cuisinart
Scharfpro
Sencor

Report Scope

Report Metric	Details
Compound Annual Growth Rate (CAGR)	5.9%
Forecast Period	2023-2031
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	Segmentation By Type Manual Electric Segmentation By Application Fruits Vegetables Noodles
Geographies Covered	North America Europe APAC Middle East and Africa LATAM
Market Drivers	The Growing Interest in Healthy Eating, Affordable and Easy to Use

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Regional Analysis

The US is the largest market in North America for spiralizers . Consumers are becoming more aware of the benefits of eating a lot of veggies as well as the convenience and versatility of home spiralizers. Canada has been an important market for spiralizers due to similar advancements. For several reasons, spiralizer demand has increased in North America.

In line with a rising trend toward healthier lives, more people try to include fresh fruits and vegetables in their diets. Spiralizers are useful, flexible tools that make cooking and incorporating these ingredients into meals easier. The market for spiralizers in North America is expected to grow over the coming years as a result of these factors, as well as the recent rise in popularity of home cooking and healthy eating.

The three biggest spiralizer markets in Europe are Germany, France, and the United Kingdom because of the increased popularity of home cooking and healthy eating, as well as the rising demand for organic and nutritious food products. The popularity of vegetarian and vegan diets in Europe has also contributed to the growth of the spiralizer industry, as spiralized vegetables are a popular and nutrient-dense alternative to traditional spaghetti and noodles.

Key Findings of the Report:

global spiralizer market size is being driven by the increasing demand for healthy and convenient food options.
The market is being supported by the rising popularity of plant-based diets.
The high cost of spiralizers and the lack of awareness about the benefits of spiralized vegetables could hinder the growth of the market.
The regional segment includes North America, Europe, Asia Pacific, and the Rest of the World.
The product type segment includes manual spiralizers and electric spiralizers.

Market Segmentations

Segment By Type

Manual
Electric

Segment By Application

Fruits
Vegetables
Noodles
Others

Segment by Region

North America
Europe
APAC
Middle East and Africa
LATAM

Table of Contents

Executive Summary

Introduction

Market Introduction

Market Definition

Scope of the Study

Market Structure

Research Methodology

Primary Research

Research Methodology

Assumptions & Exclusions

Secondary Data Sources

Market Factor Analysis

Value Chain Analysis: Spiralizer Market

Porters Five Forces Analysis

Bargaining Power of Suppliers

Bargaining Power of Buyers

Threat of Substitution

Threat of New Entrants

Competitive Rivalry

Market Dynamics

Drivers

Restraints

Opportunities

Recent Trends Analysis

Impact of COVID-19 on Spiralizer Market

Pre and Post Covid -19 Market Scenario Analysis

Market Recovery Timeline and Challenge

Measures Taken by Top Players

Regulatory Landscape

Spiralizer Market, By Type

Introduction

Market Size and Forecast, By Type

Manual