Return to: Business NewsKitchen Knives Market Size Worth $2.08 Billion By 2025 | CAGR: 8.6%The global kitchen knives market size is expected to reach USD 2.08 billion by 2025 registering a CAGR of 8.6%, according to a new report by Grand View Research, Inc. Growing popularity of reality shows, such as Top Chef, MasterChef, Hell’s Kitchen, Iron Chef, and Chopped, which have renewed the arena of cooking, is the key growth-driving factor for the market. Moreover, cooking has become a prominent career choice, which is estimated to have a positive impact on the product demand. Increased importance of visual appeal in various food dishes will drive the product demand over the next few years. Rising impact of social media platforms will also fuel the market growth. Key manufacturers in this market are Friedr. Dick GmbH & Co., Global Knives, KAI USA LTD., KIYA & Co., Ltd., MAC Knife, MASAMOTO, Mercer Culinary, Messermeister, Victorinox, Wüsthof, and Zwilling J. A. Henckels. Product development is expected to remain a critical success factor for the market participants. Thus, major companies have increased their spending on new product developments. For instance, In March 2019, Artisan Revere released Elmax, an 8.6-inch chef knife for uniform, smooth, faster cutting. In April 2019, Peak Knife Company launched Colorado 14ers chef’s knife made of German 1.4116 steel. For PDF sample Copy or More Details please visit link @: https://www.grandviewresearch.com/industry-analysis/kitchen-knives-market Further key findings from the study suggest: • Stamped blade products accounted for the largest revenue share of more than 75% in 2018 owing to their easy availability and low price • However, hand forged manufacturing products are expected to witness the fastest growth at a CAGR of 9.1% from 2019 to 2025 • Commercial application is expected to be the fastest-growing segment over the next few years. Increasing number of eateries and restaurants is pushing the use of knives in commercial sector • Based on product size, 5-7 inch knives was the largest segment in 2018 and accounted for more than 35% of the overall market share • Convenience stores segment led the global kitchen knives market in 2018. However, online channel segment will register the maximum CAGR from 2019 to 2025 • Asia Pacific is expected to be the fastest-growing regional market at a CAGR of over 9% during the forecast period To request Research report sample copy with TOC please visit @: https://www.grandviewresearch.com/industry-analysis/kitchen-knives-market/request/rs1 Grand View Research has segmented the global kitchen knives market on the basis of manufacturing process, cutting edge, application, size, distribution channel, and region: Kitchen Knives Manufacturing Process Outlook (Revenue, USD Million, 2015 - 2025) • Hand Forged • Stamped Blades Kitchen Knives Cutting Edge Outlook (Revenue, USD Million, 2015 - 2025) • Plain • Granton • Serrated Kitchen Knives Application Outlook (Revenue, USD Million, 2015 - 2025) • Household • Commercial Kitchen Knives Size Outlook (Revenue, USD Million, 2015 - 2025) • 3-5 Inches • 5-7 Inches • 7-9 Inches • 9-12 Inches Kitchen Knives Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025) • Convenience Stores • Supermarkets & Hypermarkets • Online Kitchen Knives Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America o U.S. • Europe o Germany o U.K. • Asia Pacific o China o India • Central & South America o Brazil • Middle East & Africa (MEA) o South Africa For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/6387/ibb About Grand View Research Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunit ... News Release: Kitchen Knives Market Size Worth $2.08 Billion By 2025 | CAGR: 8.6% Submitted on: July 23, 2020 11:21:56 AM Submitted by: sitakant On behalf of: www.prhub.com |