Food preparation appliances are set to record positive retail volume growth across the forecast period as prices are expected to stabilise. Furthermore, consumers will look to use innovative products during cooking to make meal and beverage preparation easier.
Slow juicers is expected to be the most dynamic category within food preparation appliances in volume growth terms over the forecast period, predicted to record double-digit volume growth. While growth rates will be skewed somewhat by the ongoing emergence of sales from a relatively low base, the category will continue to benefit from the fact that the well-established tendency towards rising health consciousness among Hungarians has recently been reinforced by concerns surrounding the pandemic.
Although food preparation appliances will continue to perform well during the forecast period, growth will remain low in areas other than juicers. This low level of retail volume growth is partly due to increasing maturity, though the expansion of many categories will also be constrained by cannibalisation as heightened budget-consciousness, the desire for greater convenience and shrinking home sizes lead Hungarians to favour versatile appliances that offer a wider range functions and save space in the kitchen.
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Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)
See All of Our DefinitionsThis report originates from Passport, our Food Preparation Appliances research and analysis database.
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