Market Size of India Electric Vegetable Choppers 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 | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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India Electric Vegetable Choppers Market Analysis
The India electric vegetable choppers market has generated a revenue of over USD 290 million in the current year and is anticipated to register a CAGR of more than 5% for the forecast period.
- The growth in the Indian electric vegetable choppers market was primarily due to changing lifestyles and a desire for convenience in food preparation among consumers. Increasing innovations in chopper designs and functions attract consumers. Compact and portability is another key driver for the growth of the market.
- Many brands manufacture electric vegetable choppers locally in India in order to comply with quality standards. Eco-friendly and sustainable solutions are also gaining popularity in the Electric vegetable choppers market.
- Initially, during COVID-19, supply chain disruptions affected the production and distribution of electric vegetable choppers. Later, with lockdowns and restrictions in place, more people got inclined towards home cooking. This led to a surge in kitchen appliances like electric vegetable choppers as consumers sought ways to make food preparation easier.
- With a chopping board and knife taking tedious time during cooking, the electric chopper can save time and reduce kitchen accidents. Multipurpose features and germ resistance exist as a reason for the expansion of its market.