Press release
Microwave Ovens Market Research, Size, Share And Growth Report 2024-2033 | Sharp Corporation, LG Electronics Inc., Electrolux AB, Alto-Shaam Inc., Panasonic Corporation
Microwave Ovens Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Microwave Ovens industry. This report on Microwave Ovens market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
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%
Request for Free Sample Of Microwave Ovens Market Report -
https://www.thebusinessresearchcompany.com/sample_request?id=2650&type=smp
Key Market Players:
Sharp Corporation, LG Electronics Inc., Electrolux AB, Alto-Shaam Inc., Panasonic Corporation are prominent players in the Microwave Ovens industry.
Market Drivers:
According to the Microwave Ovens Market Report 2023 by The Business Research Company, 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.
More information about the Global Microwave Ovens Market Report -
https://www.thebusinessresearchcompany.com/report/microwave-ovens-global-market-report
Market segments for Microwave Ovens include:
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 report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Check Out The Microwave Ovens Market Report's Discount Options Here -
https://www.thebusinessresearchcompany.com/Discount?id=2650&type=discount
Browse More Reports:
Household Cooking Appliance Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/household-cooking-appliance-global-market-report
Bakery Processing Equipment Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/bakery-processing-equipment-global-market-report
Smart Kitchen Appliances Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/smart-kitchen-appliances-global-market-report
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 "
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Microwave Ovens Market Research, Size, Share And Growth Report 2024-2033 | Sharp Corporation, LG Electronics Inc., Electrolux AB, Alto-Shaam Inc., Panasonic Corporation here
News-ID: 3342122 • Views: …
More Releases from The Business research company
Metalized Films Market Growth Accelerates: Strategic Forecast Predicts $3.59 Bil …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Metalized Films Industry Market Size Be by 2025?
There has been a robust growth in the market size of metalized films in the past years. The market size is projected to increase from $2.65 billion in 2024 to $2.8 billion in 2025, with a compound annual…
Emerging Trends to Reshape the Furan Resin For Casting Market: Technological Adv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Furan Resin For Casting Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for furan resin for casting has seen robust growth. An increase from $41.17 billion in 2024 to $43.96 billion in 2025 is anticipated, representing a compound annual…
Forged And Stamped Goods Market Landscape to 2034: Key Forces Shaping the Next D …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Forged And Stamped Goods Market Size By 2025?
The market size for forged and stamped goods has seen a stable growth over the past few years. Its projected size will increase from $279.43 billion in 2024 to $290.3 billion in 2025, showing a compound annual…
Soaring Demand Set to Propel Alloy Steel Market to $166.66 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Alloy Steel Market Through 2025?
In the past few years, there has been a slight increase in the size of the alloy steel market. The market, which is projected to expand from $148.14 billion in 2024 to $150.13 billion in 2025, expects…
More Releases for Microwave
Microwave Absorber Panel market: Complete Company Profiling of Dominant Players …
"The Microwave Absorber Panel global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key…
Coaxial Circulators Market | Admotech, Atlantic Microwave, Connecticut Microwave …
The global coaxial circulators market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the coaxial circulators market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Times Microwave Systems Announces InstaBend™ 141 High-Performance Microwave As …
Times Microwave Systems Announces InstaBend™ 141 High-Performance Microwave Assemblies
Enables Extreme Bending from the Back of the Connector for Minimal Footprint in Inside-the-Box and Between-Box Connections
March 20, 2023
WALLINGFORD, CT - Times Microwave Systems, the preeminent brand in innovative RF and microwave interconnect assemblies, cables, and connectors, introduces its new InstaBend™ 141 (IB-141) high-performance microwave assembly. InstaBend 141 provides a larger-diameter, lower-loss addition to Times Microwave's Systems InstaBend family of microwave assemblies,…
Microwave Attenuator Market by Product Type, Application, Key Manufacturers - Mi …
Microwave Attenuator Market report provides the broader perspective of the marketplace with its comprehensive market insights and analysis which eases surviving and succeeding in the market. This market report brings into focus plentiful of factors such as the general market conditions, trends, inclinations, key players, opportunities, and geographical analysis which all aids to take the business towards growth and success. Moreover, Microwave Attenuator Market report explains better market perspective in…
Gloobal RF and Microwave Filter Market Insights Report 2020-2026 | Networks Inte …
The Global RF and Microwave Filter market report gives an incredible source to survey the RF and Microwave Filter market and other basic nuances relating to it. The examination reveals the overall appraisal and genuine subtleties of the RF and Microwave Filter market. The report shows a simple case of the RF and Microwave Filter market, that includes applications, plans, industry chain structure, and definitions. Moreover, it includes a comprehensive…
Microwave Imaging Market Projected to Witness Vigorous Expansion by 2018 to 2028 …
Microwave Imaging is a pioneering innovation for various medical applications for healthcare management. Microwave Imaging play a very important role in checking or monitoring organ movement, monitoring water content level in tissue and various other medical application for improving healthcare management. Microwave Imaging provide qualitative and quantitative information in various medical application for diagnosis and used in treatment based on observation. The Microwave Imaging are much more effective than other…
