Market Research

Global Microwave Ovens Market Size and Forecast 2023-2032| Sharp Corporation, LG Electronics Inc., Electrolux AB, Alto-Shaam Inc., Panasonic Corporation,

The Microwave Ovens Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

Learn More On The Microwave Ovens Market:

https://www.thebusinessresearchcompany.com/report/microwave-ovens-global-market-report

According to The Business Research Company’s Microwave Ovens Global Market Report 2024, The microwave ovens market size has grown steadily in recent years. It will grow from $47.17 billion in 2023 to $48.79 billion in 2024 at a compound annual growth rate (CAGR) of 3.4%.  The  growth in the historic period can be attributed to time-efficient cooking, changing lifestyles, affordability and accessibility, increasing number of working women, rising disposable incomes.

The microwave ovens market size is expected to see steady growth in the next few years. It will grow to $54.94 billion in 2028 at a compound annual growth rate (CAGR) of 3.0%.  The growth in the forecast period can be attributed to smart and connected appliances, cooking technology advancements, energy efficiency and sustainability, health and wellness, compact and space-saving solutions. Major trends in the forecast period include multi-function microwave ovens, voice and app control, aesthetics and design, healthy cooking and nutrition, sustainability and eco-friendly materials.

The increasing demand for frozen and ready-to-eat food owing to busy lifestyles is expected to drive the microwave ovens market growth during the forecast period. Frozen and prepared meals can easily be cooked in microwave ovens and taste similar to that fresh food. For instance, in November 2022, according to a report published by the American Frozen Food Institute, a US-based trade association, over the 52-week period ending June 26, 2022, sales of frozen fruits and vegetables in the US reached $7.1 billion, while the volume of the product was 271 million pounds higher than pre-pandemic levels at 3.9 billion pounds. Plain vegetables, potatoes onions, and fruit were the segment’s top-selling products, with sales of $2.9 billion, $2.3 billion, and $1.5 billion, respectively.  Therefore, the increasing demand for frozen and ready-to-eat food owing to busy lifestyles drives the growth of the microwave oven market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=2650&type=smp

The microwave ovens market covered in this report is segmented –

1) By Product: Grill; Solo; Convection

2) By Structure: Counter Top; Built-In

3) By Distribution Channel: Specialty Stores; Supermarkets/Hypermarkets; Online Channel; Other Distribution Channels

4) By Application: Commercial; Household

The microwave ovens market report table of contents includes:

1. Executive Summary

2. Microwave Ovens Market Characteristics

3. Microwave Ovens Market Trends And Strategies

4. Microwave Ovens Market – Macro Economic Scenario

5. Global Microwave Ovens Market Size and Growth

.

.

.

26. South America Microwave Ovens Market

27. Brazil Microwave Ovens Market

28. Middle East Microwave Ovens Market

29. Africa Microwave Ovens Market

30. Microwave Ovens Market Competitive Landscape And Company Profiles

Top Major Players:

  • Sharp Corporation
  • LG Electronics Inc
  • Electrolux AB
  • Alto-Shaam Inc
  • Panasonic Corporation

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Wound Care Centers Market Trends and Forecast Report 2024-2033 | By Types, Applications, Regions And Players

The wound care centers global market report 2024from The Business Research Company provides comprehensive market…

8 hours ago

Ultrasonic Scalpel Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033

The ultrasonic scalpel global market report 2024from The Business Research Company provides comprehensive market statistics,…

8 hours ago

Steel Strapping Market : By Industry Trends, Leading Players, Size, Share, Growth, Opportunity And Forecast 2024-2033

The steel strapping global market report 2024from The Business Research Company provides comprehensive market statistics,…

8 hours ago

Refurbished Medical Imaging Devices  Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033

The refurbished medical imaging devices global market report 2024from The Business Research Company provides comprehensive…

9 hours ago

Pontine Glioma Drugs Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies

The pontine glioma drugs global market report 2024from The Business Research Company provides comprehensive market…

9 hours ago

Optical Microscopes Market : Technology Advancements, Industry Insights, Trends And Forecast 2033

The optical microscopes global market report 2024from The Business Research Company provides comprehensive market statistics,…

9 hours ago