Cooking rice had traditionally been a process which required the utmost attention to ensure the rice was cooking properly. Rice cookers automate the process by mechanically or electronically controlling heat and timing, thus freeing up a space on the hob and the attention normally reserved for rice cooking. Although rice cookers do not necessarily speed up the cooking process, with a rice cooker the cook's involvement in cooking rice is reduced to simply measuring the rice, preparing the rice properly and using the correct amount of water - the rest of the process is automated. Many modern cookers have heat insulating casing and a warming mechanism. When the rice is determined to be fully cooked, the unit will automatically switch to the "keep warm" cycle, which prevents the rice from being overcooked and keeping the rice warm until it is ready to be served. It takes around 30 minutes to one hour for most electric rice cookers to complete cooking. The time required mainly depends on amount of rice used, as well as the power of the heating elements.
According to our (Global Info Research) latest study, the global Rice Cooker market size was valued at USD 6443.3 million in 2022 and is forecast to a readjusted size of USD 10340 million by 2029 with a CAGR of 7.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main Rice Cooker players include Midea, Joyoung, SUPOR(SEB), PHILIPS, ZO JIRUSHI, etc. The top five Rice Cooker players account for approximately 43% of the total global market. APAC is the largest consumer market for Rice Cooker accounting for about 70%, followed by North America and Europe. In terms of Type, Traditional Rice Cooker is the largest segment with a share of 56%. And in terms of Applications, the largest segment is Household, followed by Commercial.
This report is a detailed and comprehensive analysis for global Rice Cooker market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Rice Cooker market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Units), 2018-2029
Global Rice Cooker market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Units), 2018-2029
Global Rice Cooker market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Units), 2018-2029
Global Rice Cooker market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Units), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Rice Cooker
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Rice Cooker market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Midea, Joyoung, SUPOR(SEB), PHILIPS and ZO JIRUSHI, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Rice Cooker market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Traditional Rice Cooker
IH Rice Cooker
Market segment by Application
Household
Commercial
Major players covered
Midea
Joyoung
SUPOR(SEB)
PHILIPS
ZO JIRUSHI
Cuckoo
TIGER
CUCHEN
Panasonic
Mitsubishi
Guangdong Galanz
Povos
Guangdong Peskoe
Aroma
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Rice Cooker product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Rice Cooker, with price, sales, revenue and global market share of Rice Cooker from 2018 to 2023.
Chapter 3, the Rice Cooker competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Rice Cooker breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Rice Cooker market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Rice Cooker.
Chapter 14 and 15, to describe Rice Cooker sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Rice Cooker. Industry analysis & Market Report on Rice Cooker is a syndicated market report, published as Global Rice Cooker Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Rice Cooker market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.