According to a new report published by K D Market Insights, “Food Thermometer Market Insights, Trends, Opportunity & Forecast, 2020–2025,” the global food thermometer market size is anticipated to witness moderate growth during the forecast period i.e. 2020-2025. The burgeoning prevalence of food-related diseases across the globe, the rapidly changing lifestyles of people, the rising awareness among people regarding health issues born from improperly cooked food, the surging concerns related to health and hygiene and the soaring demand for food thermometers among food service providers across various food industries & restaurants are the primary factors driving the growth of the global food thermometer market.
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Additionally, the rising disposable incomes of people, the increasing number of restaurants and their dedication to serving the finest quality of food, the escalating number of innovations & upgradations in food thermometers and the rising number of campaigns, advertisements and other promotional methods by the USDA and other related associations to motivate restaurants to use food safety technologies are anticipated to further create tremendous demand for food thermometers and eventually augment the growth of the global food thermometer market during the forecast period.
The Asia-Pacific region dominated in the global food thermometer market in 2020 and is anticipated to further retain its dominance in the market during the forecast period of 2020-2025. This can be attributed to factors such as the increasing number of food thermometer manufacturing companies in the region and the surging number of food industries in the region. On the other hand, the North American region is estimated to attain the highest CAGR over the forecast period of 2020-2025 in the food thermometer market owing to the growing health consciousness, the increasing adoption of smart kitchen appliances and the rising disposable incomes of people in the region.
The global food thermometer market is segmented into type, price range, distribution channel and region. Based on type, the market is bifurcated into meat thermometers, oven thermometers, food probe thermometers, fridge/freezer thermometers and others. Based on price range, it is classified into high, medium and low. Based on distribution channel, it is classified into online store and offline store.
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The global food thermometer market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa). Countries such as India, China, Hong Kong, Malaysia, Taiwan and South Korea in the Asia Pacific and the U.S. and Canada in North America are among the major contributors to the global food thermometer market.
Key Insights of Food Thermometer Market
- On the basis of region, Asia-Pacific dominated in the global food thermometer market in 2020 and is anticipated to further retain its dominance in the market during the forecast period of 2020-2025.
- On the basis of region, North America is estimated to attain the highest CAGR over the forecast period of 2020-2025
Some of the major food thermometer companies profiled in the report include Taylor Precision Products, ThermoWorks, Maverick House Wares, Lavatools, Electronic Temperature Instruments Ltd., Weber Stephen Products, Loki, Supreme Home Cook, Testo SA and Williams Sonoma.
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