Global Sous Vide Machine Market Growth 2019-2024
Sous vide is a unique process of cooking, the food must be packaged in a vacuum sealed bag, and then cooked at a low and consistent temperature in a water bath. The process started in France and has been growing in popularity; used by chefs on “Top Chef” and “The Taste”, as well as restaurants all over.
The low consistent temperature ensures the food is cooked evenly throughout; this is why when you order steaks at a restaurant they are so juicy and tender.
As more and more intense competition within the industry, the price of Sous Vide Machine was decrease in past few years. Sous vide equipment has existed for decades in professional kitchens around the world, but it has always been bulky, expensive, and overloaded with complex features. This type of equipment eventually made its way into high-end specialty retail shops, but remained limited to chefs and consumers with extensive culinary experience.
Cooking shows, social media, and online communities have furthered consumers’ knowledge of sous vide cooking, but it wasn’t until Anova released the first affordable and easy-to-use consumer device that sous vide became accessible to home cooks. There are now many sous vide options available to the home cook.
Each of the Sous Vide Machine manufacturers has its own mature sales networks. Through retail stores, their authorized distributors or their partners, those Sous Vide Machine manufacturers keep keen on expanding their Sous Vide Machine sales. To achieve better sales businesses, Sous Vide Machine manufacturers usually invest on their marketing channel infrastructure every year.
According to this study, over the next five years the Sous Vide Machine market will register a 25.3% CAGR in terms of revenue, the global market size will reach US$ 700 million by 2024, from US$ 180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sous Vide Machine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sous Vide Machine market by product type, application, key manufacturers and key regions and countries.
This study considers the Sous Vide Machine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Water Bath Types
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Sous Vide Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sous Vide Machine market by identifying its various subsegments.
Focuses on the key global Sous Vide Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sous Vide Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sous Vide Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.