Global Sales Revenue Of Sous Vide Machine Is Estimated To Have Reached 1317.49 Million USD In 2025, With CAGR Of 35.13% From 2017
Thursday, 28 Mar, 2019
In the next few years (2018-2025), the global sales of Sous Vide Machine will grow at a 39.06% CAGR, Total sales is expected to reach 13419.7 K Units in 2025, and global sales revenue of Sous Vide Machine is estimated to have reached 1317.49 million USD in 2025, with CAGR of 35.13% from 2017.
According to the statistical data, Demand cannot be satisfied with supply. Currently, Sous Vide Machine market has a certain potential in USA, Europe and Asia Market. These areas demand will keep rapid growth.
With more and more intense competition within the industry, the price of Sous Vide Machine was decreasing 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.
Anova and ChefSteps are the biggest two players in Sous Vide Machine market, with about 42.73% and 13.32% market share separately in 2017. Other leading market players in Sous Vide Machine market include Gourmia, Oliso, PolyScience Culinary, SousVide Supreme, VacMaster, Sansaire, Nomiku, Vonshef, etc. The market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
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.