Market Size of Europe Electric Vegetable Chopper Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Electric Vegetable Chopper Market Analysis
The Europe electric vegetable choppers market has generated a revenue of USD 720 million in the current year. It is poised to achieve a CAGR of more than 5% for the forecast period.
- Revenue of small kitchen appliances in Europe has observed a continuous increase in growth over the years. As the electric vegetable chopper is a segment of small kitchen appliances, the growth is creating a positive externality for the sales of the Electric vegetable chopper market in the region.
- As the market demand for smart appliances in the region is growing continuously, combined with behavioral change in kitchen users, rather than chopping vegetables through traditional methods using knives or hand-run choppers, people are opting for electric vegetable choppers which can chop large amounts of vegetables in the required form. With its variable speed control functionality and ensuring healthy and hygienic cooking, electric vegetable choppers have proved to be significant appliances for residential as well as commercial purposes.
- Germany, France, Spain, and the United Kingdom are among the European countries with the largest number of housing units at more than 130 Million Units, leading to the highest number of kitchen units in the country and creating market opportunities for Electric Vegetable chopper manufacturers to expand their sales in the market. With a significant rise in the working population among households, people prefer to spend their minimum time in the kitchen.
- With a continuously increasing employment rate in the region at around 70%, the demand for electric vegetable choppers is expected to increase over the coming period. The major share of commercial demand for electric choppers comes from the restaurant sector, as they have to serve a large number of people with varying preferences. With a rise in European restaurant businesses post-COVID, France, Italy, Germany, and the United Kingdom have emerged as the countries with the largest number of enterprises in the restaurants and mobile food service activities industry and driving sales of Electric vegetable choppers in commercial units.
