We use cookies to enhance your experience.
By clicking "Accept All", you consent to the use of all cookies.
Customize your preferences or read our Cookie Policy.
Rice Cooker Market by Product (Standard, Multifunctionality, Induction), by Application (Residential, Commercial), by Size (1-2 Litres, 2-5 Litres, 5-8 Litres), by North America (United States, Canada, Mexico), by Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by South America (Brazil, Argentina, Rest of South America), by MEA (Middle East, Africa) Forecast 2024-2032
The Rice Cooker Market size was valued at USD 3.5 Billion in 2023 and is projected to reach USD 5.7 Billion by 2032, exhibiting a CAGR of 6.3 % during the forecast period. Rice cooker is a kitchen appliance that is commonly used to simplify the process of cooking rice and other grains. Rapid shift towards the convenience and time saving solutions due to busy life style of people is major growth driver for the rice cooker market. Electric rice cooker is gaining much popularity among consumers due to increasing gas prices and consumers are looking for alternative. Other than rice cooking, it can also be used to make other foods such as idlis, steamed vegetables, dumplings and certain varieties. Some advanced rice cooker model includes programmable features such as delay start timers, digital controls, automatic keep warm functions, etc.
Product
Application
Size
For an extensive analysis of the rice cooker market, refer to the comprehensive report by Market Research Future (MRFR): Rice Cooker Market.
The Asia-Pacific region is the largest market for rice cookers, followed by North America and Europe. The Asia-Pacific region is expected to continue to dominate the market during the forecast period.
Consumers are looking for rice cookers that are convenient, versatile, and energy efficient. They are also willing to pay a premium for brands that offer these features.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 6.3% from 2018-2032 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 6.3% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.