Middle East and Africa Kitchen Knives Market
Middle East and Africa Kitchen Knives Market Size Set to Grow at Steady CAGR of 5.8% during 2023–2029
Published | 21 March 2023
Middle East and Africa kitchen knives market is flourishing because of increasing popularity of reality shows, growing desire to enhance the visual appearance of various food dishes, and increasing intervention of advance products
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Middle East and Africa kitchen knives market size at USD 1.37 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Middle East and Africa kitchen knives size to grow at a significant CAGR of 5.79% reaching a value of USD 2.04 million by 2029. Major growth factors of Middle East and Africa kitchen knives include increasing interest in cooking and culinary arts, higher disposable incomes, and the growing influence of cooking shows and social media influencers. The hospitality and food service industries in the region are also contributing to the demand for high-quality kitchen knives. Customers are seeking premium and innovative products that provide exceptional performance, durability, and convenience. To meet this demand, manufacturers are developing new and improved knives. The use of ceramics in the manufacture of knives has become more popular due to its ability to resist acidic or juicy surfaces, rust-proofing, and longer sharpness retention. All these factors are expected to drive the growth of the Middle East and Africa kitchen knives market during the forecast period. However, rising threat of new entrants is anticipated to impede the growth of Middle East and Africa kitchen knives market.
Middle East and Africa Kitchen Knives Market – Overview
Kitchen knives are indispensable instruments that provide several benefits over standard knives, including effortless handling, efficient slicing and chopping, and improved precision. The use of kitchen knives has been on the rise due to the growing number of individuals pursuing cooking as a profession and the emergence of cafeterias in schools, colleges, and workplaces. Manufacturers are emphasizing the creation of durable, safer, and budget-friendly products, thereby augmenting their usage. Furthermore, the surging trend of street food and the expanding number of restaurants have stimulated the demand for kitchen knives, with numerous chefs opting to use them instead of conventional knives.
Impact of COVID-19 on Middle East and Africa Kitchen Knives Market
COVID-19 pandemic had a significant impact on the Middle East and Africa kitchen knives market. The outbreak has resulted in a decline in demand for kitchen knives due to the temporary closure of restaurants and other commercial kitchens. Furthermore, the pandemic has caused supply chain disruptions, which have led to delays in the delivery of raw materials and finished products. This has resulted in increased prices and reduced availability of kitchen knives. However, the pandemic has also changed consumer behavior, with more people cooking at home, which has increased the demand for kitchen knives in the retail market.
Middle East and Africa Kitchen Knives Market – By Cutting Edge
Based on cutting edge, Middle East and Africa kitchen knives market is divided into Plain, Granton, and Serrated segments. The plain segment held the highest market share due to the wide range of applications for plain kitchen knives, which are commonly used for chopping, slicing, skinning, dicing, and mincing, making them popular for both residential and commercial purposes. While plain-blade kitchen knives are widely used by homemakers, chefs, and other food makers, the serrated kitchen knives segment is expected to experience the fastest growth rate during the forecast period. This is due to the segment's various features, such as low maintenance requirements in terms of sharpening and their ability to cut different types of food products with varying stiffness levels, including bread, tomato, and fibrous foods, making them a versatile tool in the kitchen.
Major players operating in Middle East and Africa kitchen knives market include Friedr. Dick GmbH & Co. KG, GLOBAL KNIVES USA, KAI USA LTD, MAC Knife, Messermeister, Victorinox AG, and Dexter-Russell, Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Middle East and Africa Kitchen Knives Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Middle East and Africa Kitchen Knives Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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- Middle East and Africa Kitchen Knives Market - By Manufacturing Process (Hand Forged, Stamped Blades); By Cutting Edge (Plain, Granton, Serrated); By Application (Residential, Commercial); By Size (3-5 Inches, 5-7 Inches, 7-9 Inches, 9-12 Inches); By Distribution Channel (Direct Selling, Indirect Selling); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
Publish Date: March 2023
Increasing intervention of advanced products, rising popularity of reality shows, and growing desire to improve the visual appearance of various food dishes are projected to propel the expansion of Middle East and Africa kitchen knives market during the forecast period between 2023 and 2029.
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