Market Overview:
The global intelligent electric rice cooker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods, rising disposable income, and growing urbanization. In terms of type, the combined rice cooker segment is expected to dominate the market during the forecast period owing to its multifunctional features such as cooking rice and other dishes simultaneously. In terms of application, restaurants are expected to account for a major share of the global intelligent electric rice cooker market during the forecast period owing to rising demand for Asian cuisine across regions.
Product Definition:
An intelligent electric rice cooker is a small appliance used to cook rice. It has a built-in thermostat that regulates the cooking temperature, so the rice doesn't burn or stick to the bottom of the pot. The importance of an intelligent electric rice cooker is that it cooks perfect rice every time, without supervision.
Combined Rice Cooker:
A rice cooker is an appliance used to cook rice. It can steam, boil, brown, and stir-fry the food at the same time. The most common types of rice cookers are electric and non-electric.
The combined cooker or smart electric rice cooker acts as a brain to all other kitchen appliances that have similar functions in it.
Integral Rice Cooker:
The integral rice cooker is a smart electric rice cooker which has the ability to detect the water level, temperature and make of food. It can also be connected throught Bluetooth to mobile or tablet device where user can monitor the cooking process. The major advantage of this product is that it helps in maintaining moisture and nutrients in food by reducing the evaporation rate.
Application Insights:
The market is segmented on the basis of application into restaurant, home and others. The restaurant segment dominated the overall market in terms of revenue in 2017. This high share is attributable to growing demand for electric cookers from fast food joints and other casual restaurants. Consumers prefer purchasing these devices as they help in cooking multiple dishes at a time with less fuel consumption. Furthermore, rising number of fine dines and quick service restaurants across various regions will boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing per capita income, changing lifestyles, and rising adoption of western culture of living. The growing middle-class population in developing countries including China and India along with rapid urbanization are some major factors driving regional market growth. Furthermore, increasing number of restaurants due to growing trend of dining out at home as well as office parties will drive the demand for electric rice cookers in this region.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient cooking appliances such as intelligent electric rice cookers. These devices help to save time and effort in the kitchen, making them a popular choice for many consumers.
- Rising popularity of Asian cuisine: With the increasing popularity of Asian cuisine around the world, there is a corresponding increase in demand for rice cookers that can produce authentic-tasting results. Intelligent electric rice cookers are well-equipped to handle this task, making them a desirable appliance for many home cooks.
- Advances in technology: Rice cooker manufacturers are constantly innovating their products with new features and technologies, which helps to attract buyers looking for the latest and greatest models on the market. This competitive environment drives innovation and growth within the industry as a whole.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Electric Rice Cooker Market Research Report
By Type
Combined Rice Cooker, Integral Rice Cooker
By Application
Restaurant, Home, Other
By Companies
COLMO, Midea, SUPOR, MI, Tiger, ZO JIRUSHI, CUCKOO, TOSOT, Haier, Toshiba
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Electric Rice Cooker Market Report Segments:
The global Intelligent Electric Rice Cooker market is segmented on the basis of:
Types
Combined Rice Cooker, Integral Rice Cooker
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
Restaurant, Home, Other
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:
- COLMO
- Midea
- SUPOR
- MI
- Tiger
- ZO JIRUSHI
- CUCKOO
- TOSOT
- Haier
- Toshiba
Highlights of The Intelligent Electric Rice Cooker 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:
- Combined Rice Cooker
- Integral Rice Cooker
- By Application:
- Restaurant
- Home
- Other
- 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 Intelligent Electric Rice Cooker 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?
The Intelligent Electric Rice Cooker is a kitchen appliance that cooks rice using electric heat. It has a LCD screen that displays the cooking time and temperature, as well as an indicator light to indicate when the rice is done.
Some of the major players in the intelligent electric rice cooker market are COLMO, Midea, SUPOR, MI, Tiger, ZO JIRUSHI, CUCKOO, TOSOT, Haier, Toshiba.
The intelligent electric rice cooker 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 Intelligent Electric Rice Cooker 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 Intelligent Electric Rice Cooker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Electric Rice Cooker 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 Intelligent Electric Rice Cooker 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 Intelligent Electric Rice Cooker Market Size & Forecast, 2020-2028
4.5.1 Intelligent Electric Rice Cooker Market Size and Y-o-Y Growth
4.5.2 Intelligent Electric Rice Cooker Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Combined Rice Cooker
5.2.2 Integral Rice Cooker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Restaurant
6.2.2 Home
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Electric Rice Cooker 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 Intelligent Electric Rice Cooker 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Combined Rice Cooker
9.6.2 Integral Rice Cooker
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 Market Size Forecast by Applications
9.10.1 Restaurant
9.10.2 Home
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Combined Rice Cooker
10.6.2 Integral Rice Cooker
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 Market Size Forecast by Applications
10.10.1 Restaurant
10.10.2 Home
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Combined Rice Cooker
11.6.2 Integral Rice Cooker
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 Market Size Forecast by Applications
11.10.1 Restaurant
11.10.2 Home
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Combined Rice Cooker
12.6.2 Integral Rice Cooker
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 Market Size Forecast by Applications
12.10.1 Restaurant
12.10.2 Home
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Combined Rice Cooker
13.6.2 Integral Rice Cooker
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) Market Size Forecast by Applications
13.10.1 Restaurant
13.10.2 Home
13.10.3 Other
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 Intelligent Electric Rice Cooker Market: Competitive Dashboard
14.2 Global Intelligent Electric Rice Cooker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 COLMO
14.3.2 Midea
14.3.3 SUPOR
14.3.4 MI
14.3.5 Tiger
14.3.6 ZO JIRUSHI
14.3.7 CUCKOO
14.3.8 TOSOT
14.3.9 Haier
14.3.10 Toshiba
