The Global Chef Accessories Market was estimated to be valued at USD 75,057 million in 2017 and is expected to grow at a CAGR of 7.1% during 2018 to 2025. Chef accessories are instruments and gadgets which are being utilized by the chefs for the purpose of cooking.
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Key driving factors of the market includes disposable income especially in developing countries. In addition, the booming restaurant industry also acts a drive for the growth of the market. However, dearth of skilled professionals might act as a restraint for the market growth. Moreover, the availability of online platforms for increasing consumer reach might create lucrative opportunities in the market.
The global chef accessories market is primarily segmented based on type, distribution channel, application and regions. Based on type the market is segmented into chef coats and jackets, knife bags, tools, hats, and other type. On the basis of distribution channel the market is segmented into online sales and offline sales. Further, based on application the market is segmented into restaurant and domestic. Regionally, the market is split into five key regions namely North America, Europe, Asia Pacific, South America and Middle East & Africa.
Major Players in Chef Accessories market are:
* Messermeister
* Williams-Sonoma Inc.
* Igift Company Limited
* Chef Works Inc.
* Portland Apron Company
* Chefwear Inc.
* TrueCooks
* Chrome Industries
* Boldric
* Wusthof
* Bragard
* Cargo Crew
* John Ritzenthaler Company
* Uncommon Threads
* Happy Chef
* New Chef
Based on type, tools dominated the market in 2017 and accounted for about 40% of the global market. In addition, this segment is also expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of small tools and utilities for maintaining the perfect balance between good taste and perfect blend of ingredients.
Based on distribution channel, online sales accounted for the maximum share in the global market and is expected to grow with a healthy CAGR during the forecast period. This is owing to the ongoing trend of buying tools and accessories from online websites as shopping online saves time and offers cost efficient products at an individual’s doorstep.
Further, on the basis of application restaurants held a significant share in the global market due to the increase in number of restaurants globally. For instance, according to the United States government, there were about 620,807 restaurants in 2016 in the U.S., however, the number of restaurants increased in 2018 and reached 660,755.
Based on region, Asia Pacific accounted for majority of the market share in 2017 and is expected to grow at a healthy growth rate during the forecast period. The market in Asia Pacific region is mainly driven by the increasing number of restaurants and the rising tourism industry in developing countries such as India, China, Thailand and Malaysia among other countries.
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On the basis of type, the market is split into:
* Chef Coats and Jackets
* Knife Bags
* Tools
* Hats
* Other Type
On the basis of distribution channel, the market is split into:
* Online Sale
* Offline Sale
On the basis of application, the market is split into:
* Restaurants
* Domestic
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.
Key Benefits of the Report:
* Global, regional, country, type, distribution channel, application and market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific PESTLE, and supply chain to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions type, distribution channel, application and options with qualitative and quantitative information and facts
Target Audience:
* Chef Accessories Manufacturers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
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