Latin America Palm Oil Market Report and Forecast 2024-2032

United States Electric Kettle Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the United States electric kettle market reached a value of USD 3.75 billion in 2023. Aided by the increasing consumer penchant for quick and efficient means of boiling water for coffee, tea, and other culinary uses, the market is projected to further grow at a CAGR of 4.5% between 2024 and 2032 to reach a value of USD 5.60 billion by 2032.

An electric kettle is a kitchen appliance designed for quickly heating water. It consists of a heating element powered by electricity, a water reservoir, and a temperature control mechanism. When plugged in and turned on, it rapidly boils water, making it convenient for tasks like making tea, coffee, or instant meals.

The electric kettle market's expansion in US is anchored in the lifestyle shifts towards convenience and time-saving appliances. The fast-paced lifestyle of American consumers has elevated the electric kettle to a kitchen essential, given its speed and energy efficiency compared to traditional stovetop kettles. Additionally, the growing tea and artisan coffee culture in the United States has further bolstered the demand for electric kettles, especially those with temperature control features for brewing perfection.

Innovation and technological advancements have also influenced the United States electric kettle market outlook. Modern electric kettles come equipped with features such as temperature settings, keep-warm functions, and rapid boil technology, catering to the nuanced needs of gourmet beverage enthusiasts. Moreover, the aesthetic appeal and design of electric kettles have become a consideration for consumers, driving manufacturers to offer a variety of styles that complement modern kitchen interiors.

Several factors contribute to the robust United States electric kettle market growth. The convenience and speed of boiling water with electric kettles, coupled with their energy efficiency, make them an attractive option for consumers. The increasing consumption of tea and specialty coffee, which requires precise temperature control for optimal brewing, further drives the demand for advanced electric kettles. Additionally, the rise in health consciousness among American consumers has led to a greater intake of herbal teas and hot water, thus propelling the electric kettle's market growth.

Looking forward, the United States electric kettle market demand is poised for continued growth from 2024 to 2029. The market's future will be shaped by innovation, with smart kettles that can be controlled via smartphone apps and feature energy-saving modes expected to gain traction. The increasing emphasis on sustainability will also drive the development and adoption of eco-friendly electric kettles, made from biodegradable materials and designed for energy efficiency.

As consumers become more sophisticated in their beverage preparation, demand for electric kettles with advanced features, such as variable temperature control and fast boiling, is expected to rise. Moreover, the ongoing trend towards minimalism and modern aesthetics in kitchen appliances will influence the design and marketing strategies of electric kettle manufacturers.

Market Segmentation

The market can be divided based on material, application, distribution channel, and region.

Market Breakup by Material
  • Stainless Steel
  • Glass
  • Plastic
  • Others
Market Breakup by Application
  • Residential
  • Commercial
Market Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online Stores
  • Others
Market Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States electric kettle market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Breville USA, Inc.
  • Electrolux AB
  • Conair LLC
  • Conair Corporation (Cuisinart)
  • Whirlpool Corporation (KitchenAid)
  • Hamilton Beach Brands, Inc.
  • TopNet Inc. (Ovente)
  • Spectrum Brands, Inc.
  • Groupe SEB USA
  • Secura
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Latin America
7 Opportunities and Challenges in the Market
8 Global Palm Oil Market Overview
8.1 Key Industry Highlights
8.2 Global Palm Oil Historical Market (2018-2023)
8.3 Global Palm Oil Market Forecast (2024-2032)
8.4 Global Palm Oil Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Latin America Palm Oil Market Analysis
9.1 Key Industry Highlights
9.2 Latin America Palm Oil Historical Market (2018-2023)
9.3 Latin America Palm Oil Market Forecast (2024-2032)
9.4 Latin America Palm Oil Market by Application
9.4.1 Food Products
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Consumer Products
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.3 Energy
9.4.3.1 Historical Trend (2018-2023)
9.4.3.2 Forecast Trend (2024-2032)
9.5 Latin America Palm Oil Market by Region
9.5.1 Brazil
9.5.2 Ecuador
9.5.3 Colombia
9.5.4 Mexico
9.5.5 Guatemala
9.5.6 Others
10 Regional Analysis
10.1 Brazil
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Ecuador
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Colombia
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Mexico
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Guatemala
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code: 1511)
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Wilmar International Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Cargill, Incorporated
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Bunge Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Archer Daniels Midland Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Reforestadora de Palmas del Petén S.A. (Grupo HAME)
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Palm Oil Market: Key Industry Highlights, 2018 and 2032
2. Latin America Palm Oil Market: Key Industry Highlights, 2018 and 2032
3. Latin America Palm Oil Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
4. Latin America Palm Oil Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
5. Latin America Palm Oil Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
6. Latin America Palm Oil Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
7. Major Exporting Countries by Value
8. Major Importing Countries by Value
9. Major Exporting Countries by Volume
10. Major Importing Countries by Volume
11. Latin America Palm Oil Market Structure

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