Market Overview:
The global automatic cooking machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and the growing trend of smart homes. Automatic cooking machines are devices that are used for automatically preparing food items such as rice, pasta, and other dishes. These machines come in both fully automatic and semi-automatic variants, with the former being more popular among consumers due to their ease of use. Fully automatic cooking machines typically have a pre-set menu with different food items that can be cooked using one touch controls, while semi-automatic variants require manual input from users for selecting food items and setting cook times. The commercial segment is expected to account for the majority share of the global automatic cooking machines market in 2018 owing to rising demand from restaurants, hotels, catering services, and other institutional establishments. However, with increasing consumer awareness about healthy eating habits and growing adoption of smart home technologies worldwide; residential applications are projected to witness higher growth rates during the forecast period than commercial applications This is primarily because fully automated cooking machines offer several advantages over traditional methods such as stovetops or microwaves ovens including time savings (upwards of 50%), energy efficiency (upwards of 30%), reduced wastage (upwards of 50%), improved hygiene levels etc.
Product Definition:
An automatic cooking machine is a device that cooks food automatically. These machines are used to cook large quantities of food quickly and efficiently. They are important because they save time and labor, allowing restaurants and other businesses to cook food more quickly and easily.
Fully Automatic:
Fully automatic cooking machines are used for processing and preparing food in a sequence without any human intervention. The fully automatic cooking machine is driven by an electronic control system or computer software which performs various functions such as heating, stirring, mixing and controlling the speed of the process. These fully automatic cooking machines have gained popularity owing to their efficiency and ease of use.
Semi-automatic:
Semi-automatic is a cooking appliance that requires user to make some decisions such as when the food is done, based on visual cues. The appliance has two or more levels of pre-programmed settings. It can be used for both boiling and baking purposes with the help of different modes available for each function. Semi-automatic appliances are usually cheaper than automatic counterparts as they lack some of the essential features like precise temperature control and time management which are present in full automatic mode.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing adoption of automatic cooking machines by restaurants and hotels to save costs associated with human labor. Moreover, these devices help in uniform heating, consistent throughout the food items being cooked which further boosts their demand among commercial establishments.
Residential application is expected to be the fastest-growing segment over the forecast period owing to rising awareness about health benefits associated with using such devices especially among older population groups and women at early stages of pregnancy who are otherwise considered as cooks in most households around world.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing disposable income and changing eating habits of consumers in emerging economies including China and India. Moreover, rising investments by international companies for expansion in this region are anticipated to fuel the demand for cooking machines over the forecast period. For instance, In January 2017, LG Electronics announced its plan for opening 100 restaurants across China by 2020 with an investment of USD X million.
Europe was estimated as the second-largest regional market in 2017 owing to high product penetration and consumer awareness regarding health & hygiene issues due to poor eating habits followed by people living there since long ago which has been passed on from generation unto generation leading ultimately affecting their health adversely thus driving up demand for Automatic Cooking Machines in Europe as they help avoid such situations thereby boosting industry growth over the forecast period.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient cooking solutions, such as automatic cooking machines. These machines offer a quick and easy way to cook meals without any manual effort, making them a popular choice among time-pressed consumers.
- Rising popularity of healthy eating: Automatic cooking machines can also be used to cook healthy meals quickly and easily. This is becoming an increasingly important factor for consumers, especially those who are looking to make healthier choices when it comes to their diet.
- Growing interest in home automation: Home automation is becoming increasingly popular, with more and more people looking to automate tasks such as lighting, heating and cooling, and cooking. Automatic cooking machines fit perfectly into this trend, offering a simple way to add automated cooking capabilities to your home without having to invest in complex or expensive equipment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Cooking Machines Market Research Report
By Type
Fully Automatic, Semi-automatic
By Application
Commercial, Residential, Others
By Companies
Suvie, Vorwerk, Joyoung, Gemside, Midea, SEMIKRON, Detlone
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Cooking Machines Market Report Segments:
The global Automatic Cooking Machines market is segmented on the basis of:
Types
Fully Automatic, Semi-automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Suvie
- Vorwerk
- Joyoung
- Gemside
- Midea
- SEMIKRON
- Detlone
Highlights of The Automatic Cooking Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully Automatic
- Semi-automatic
- By Application:
- Commercial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Cooking Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automatic cooking machines are a type of kitchen appliance that cooks food by heating it up and then releasing the heat slowly so that the food remains cooked.
Some of the key players operating in the automatic cooking machines market are Suvie, Vorwerk, Joyoung, Gemside, Midea, SEMIKRON, Detlone.
The automatic cooking machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Cooking Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Cooking Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Cooking Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Cooking Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Cooking Machines Market Size & Forecast, 2018-2028
4.5.1 Automatic Cooking Machines Market Size and Y-o-Y Growth
4.5.2 Automatic Cooking Machines Market Absolute $ Opportunity
Chapter 5 Global Automatic Cooking Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Cooking Machines Market Size Forecast by Type
5.2.1 Fully Automatic
5.2.2 Semi-automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Cooking Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Cooking Machines Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Cooking Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Cooking Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Cooking Machines Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Cooking Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Cooking Machines Market Size Forecast by Type
9.6.1 Fully Automatic
9.6.2 Semi-automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Cooking Machines Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Cooking Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Cooking Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Cooking Machines Market Size Forecast by Type
10.6.1 Fully Automatic
10.6.2 Semi-automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Cooking Machines Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Cooking Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Cooking Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Cooking Machines Market Size Forecast by Type
11.6.1 Fully Automatic
11.6.2 Semi-automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Cooking Machines Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Cooking Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Cooking Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Cooking Machines Market Size Forecast by Type
12.6.1 Fully Automatic
12.6.2 Semi-automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Cooking Machines Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Cooking Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Cooking Machines Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Cooking Machines Market Size Forecast by Type
13.6.1 Fully Automatic
13.6.2 Semi-automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Cooking Machines Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Cooking Machines Market: Competitive Dashboard
14.2 Global Automatic Cooking Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Suvie
14.3.2 Vorwerk
14.3.3 Joyoung
14.3.4 Gemside
14.3.5 Midea
14.3.6 SEMIKRON
14.3.7 Detlone
