Global Rice Cooker Market Outlook 2022

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.
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.

The global Rice Cooker market was valued at US$ 5837 million in 2020 and is expected to reach US$ 9530.1 million by the end of 2027, growing at a CAGR of 7.3% during 2021-2027.
This report focuses on Rice Cooker volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Rice Cooker market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Rice Cooker Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Traditional Rice Cooker
IH Rice Cooker

Segment by Application
Household
Commercial

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Midea
Joyoung
SUPOR(SEB)
PHILIPS
ZO JIRUSHI
Cuckoo
TIGER
CUCHEN
Panasonic
Mitsubishi
Guangdong Galanz
Povos
Guangdong Peskoe
Aroma