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    Electric Cooker Market

    ID: MRFR/CR/39876-HCR
    128 Pages
    Pradeep Nandi
    September 2025

    Electric Cooker Market Research Report By Product Type (Rice Cookers, Multicookers, Pressure Cookers, Slow Cookers, Steamer), By Cooking Capacity (Less than 1 Liter, 1 to 3 Liters, 3 to 5 Liters, 5 to 7 Liters, More than 7 Liters), By End User (Residential, Commercial, Institutional), By Distribution Channel (Online Retail, Offline Retail, Direct Sales) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2035

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    Electric Cooker Market Research Report - Forecast Till 2035 Infographic
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    Electric Cooker Market Summary

    The Global Electric Cooker Market is projected to grow from 14.5 USD Billion in 2024 to 25.6 USD Billion by 2035, indicating robust growth potential.

    Key Market Trends & Highlights

    Electric Cooker Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 5.3 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 25.6 USD Billion, reflecting a substantial increase from 14.5 USD Billion in 2024.
    • The growth trajectory suggests a rising consumer preference for electric cookers, driven by convenience and energy efficiency.
    • Growing adoption of smart cooking technologies due to increasing urbanization is a major market driver.

    Market Size & Forecast

    2024 Market Size 14.5 (USD Billion)
    2035 Market Size 25.6 (USD Billion)
    CAGR (2025-2035) 5.3%

    Major Players

    Breville, Tefal, Bajaj Electricals, Panasonic, PageGroup, Midea, Cuisinart, Instant Brands, Samsung, Philips, Hamilton Beach, Black+Decker, LG Electronics, Whirlpool

    Electric Cooker Market Trends

    The Electric Cooker Market is driven by several key factors that are reshaping consumer preferences and behavior. One major driver is the increasing focus on convenience and time-saving solutions for meal preparation, especially among busy urban populations. As modern lifestyles become more hectic, consumers are increasingly looking for appliances that simplify cooking processes without compromising quality. Furthermore, the growing trend toward health consciousness is prompting individuals to seek out cooking methods that require less oil and allow for healthier meal options, which electric cookers can provide.

    Opportunities within this market lie in the development of smart electric cookers that integrate advanced technology, such as Wi-Fi and Bluetooth connectivity, allowing users to control cooking remotely or receive updates through mobile applications. Electric cookers can be further diversified through the introduction of multitasking or multi-pronged electric food cookers or multi-purpose equipment, which would engage consumers who are used to using a single utensil for several specialized tasks and for the purpose of minimizing the equipment in their kitchens. As consumers change towards being socially and environmentally responsible, the development of energy-efficient equipment will cater to such customers.

    Also, trends are leaning towards user-friendly design patterns, including simple user interfaces to bring electric cookers within reach of a larger base. The growth of social networking sites has also greatly altered the culinary landscape, with users taking to the internet to showcase their electric cooking skills along with electric recipes.

    In the same way, an increasing degree of focus on culinary innovation is also motivating consumers in the direction of home cooking, which in turn increases the need for dependable as well as multifunctional electric cooking equipment.

    The increasing consumer preference for energy-efficient cooking appliances suggests a robust growth trajectory for the global electric cooker market, driven by sustainability concerns and technological advancements.

    U.S. Department of Energy

    Electric Cooker Market Drivers

    Market Growth Projections

    The Global Electric Cooker Market Industry is projected to experience substantial growth in the coming years. With a market value expected to reach 14.5 USD Billion in 2024 and an anticipated increase to 25.6 USD Billion by 2035, the industry is poised for a compound annual growth rate (CAGR) of 5.3% from 2025 to 2035. This growth trajectory suggests a robust demand for electric cookers, driven by factors such as convenience, health consciousness, and technological advancements. The market's expansion reflects changing consumer preferences and the increasing integration of electric cookers into modern kitchens.

    Sustainability and Energy Efficiency

    The Global Electric Cooker Market Industry is witnessing a shift towards sustainability and energy efficiency. Consumers are increasingly concerned about their environmental impact and are seeking appliances that consume less energy. Electric cookers, particularly those with energy-efficient designs, are becoming more popular as they reduce electricity consumption while providing effective cooking solutions. This trend is supported by government initiatives promoting energy-efficient appliances, which further encourage consumer adoption. As sustainability becomes a priority for many households, the demand for electric cookers that align with these values is expected to rise, contributing to the overall growth of the market.

    Rising Demand for Convenience Cooking

    The Global Electric Cooker Market Industry experiences a notable increase in demand for convenience cooking solutions. As lifestyles become increasingly fast-paced, consumers seek appliances that simplify meal preparation. Electric cookers, with their multifunctional capabilities, cater to this need by offering features such as pressure cooking, slow cooking, and steaming. This trend is reflected in the projected market value of 14.5 USD Billion in 2024, indicating a growing preference for time-saving kitchen appliances. The convenience factor is particularly appealing to urban dwellers, who often have limited time for cooking, thus driving the adoption of electric cookers globally.

    Diverse Culinary Preferences and Globalization

    The Global Electric Cooker Market Industry is influenced by diverse culinary preferences driven by globalization. As cultures intermingle, consumers are exposed to a variety of cooking styles and cuisines. Electric cookers, which offer versatility in cooking methods, are well-positioned to meet these evolving culinary demands. The ability to prepare dishes from different cultures using a single appliance appeals to a broad consumer base. This trend is likely to enhance market growth, as electric cookers become essential tools for home cooks looking to explore international cuisines. The increasing popularity of global cooking trends may further stimulate demand for electric cookers.

    Health Consciousness and Nutritional Awareness

    The Global Electric Cooker Market Industry is significantly influenced by rising health consciousness among consumers. As individuals become more aware of the nutritional value of their meals, there is a shift towards cooking methods that preserve nutrients. Electric cookers, which often utilize steaming and slow cooking techniques, are perceived as healthier alternatives to traditional frying methods. This trend is supported by the increasing availability of electric cookers designed for health-focused cooking, which aligns with the global movement towards healthier eating habits. The emphasis on nutrition is likely to contribute to the market's growth, as consumers prioritize appliances that facilitate healthier meal preparation.

    Technological Advancements in Cooking Appliances

    Technological innovations play a crucial role in shaping the Global Electric Cooker Market Industry. Manufacturers are increasingly integrating smart technology into electric cookers, enabling features such as app connectivity, voice control, and programmable settings. These advancements enhance user experience and offer greater control over cooking processes. The integration of technology not only appeals to tech-savvy consumers but also aligns with the growing trend of smart homes. As a result, the market is expected to expand, with projections indicating a value of 25.6 USD Billion by 2035. The continuous evolution of cooking technology is likely to attract new customers and retain existing ones.

    Market Segment Insights

    Electric Cooker Market Product Type Insights  

    The Electric Cooker Market is diversified across various product types, reflecting distinct consumer preferences and cooking needs. In 2024, the Rice Cooker market revenue was valued at 3.5 USD Billion, showcasing its significant role in the overall market, especially in regions where rice is a staple food. This product uniquely caters to specific dietary habits, thus holding a crucial position in everyday cooking appliances.

    Following closely, the Multicooker segment, valued at 4.0 USD Billion, demonstrates its versatility and appeal, allowing consumers to prepare multiple dishes using a single appliance, a trend increasingly favored in fast-paced lifestyles. The Pressure Cooker, with a valuation of 2.5 USD Billion in 2024, stands out for its efficiency in cooking, saving time while retaining nutrients, making it indispensable for health-conscious consumers.

    Additionally, the Slow Cooker holds a total market value of 2.0 USD Billion, capitalizing on a distinctive cooking method that supports busy individuals by allowing meals to be prepared in advance and cooked slowly through the day. Lastly, the Steamer sector, valued at 2.5 USD Billion, addresses health trends by promoting steam cooking, which is known to preserve nutrients and flavor.

    As part of the Electric Cooker Market statistics, these product types collectively highlight consumer demand for diverse cooking solutions that cater to various lifestyles, dietary preferences, and culinary traditions. The evolution of consumer habits and preferences, alongside the perceived convenience and efficiency of these electric cookers, significantly drives market growth in this segment. Additionally, the trends in energy efficiency and the growing inclination towards healthy cooking options further bolster the appeal of these products, creating opportunities for innovation and expansion in the market.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Electric Cooker Market Cooking Capacity Insights  

    The Electric Cooker Market is experiencing notable growth, particularly within the Cooking Capacity segment, which reflects a diverse range of consumer needs and preferences. In 2024, the market's value reached 14.5 billion USD and is projected to continue expanding, demonstrating the growing inclination towards convenient cooking solutions.

    Various capacities cater to different household sizes and cooking requirements; for instance, smaller models under 1 Liter are ideal for single-person households or quick meals, serving a niche yet essential demand.The 1 to 3 Liters category sees significant adoption among families looking for practical cooking options, while the 3 to 5 Liters range is particularly popular for meal preparations, making it a dominant choice for medium-sized households. Meanwhile, the 5 to 7 Liters capacity is favored for its versatility, allowing users to prepare larger quantities for gatherings or meal planning, showcasing its importance in the market.

    Furthermore, the segment of More than 7 Liters caters to restaurants and catering businesses that require high-volume cooking, highlighting the diverse applications of electric cookers.Overall, the Electric Cooker Market segmentation by Cooking Capacity underscores the evolving lifestyle choices driving market growth, highlighting both challenges and opportunities for innovation in product offerings.

    Electric Cooker Market End User Insights  

    The Electric Cooker Market, valued at 14.5 USD billion in 2024, is witnessing robust growth driven by various end users, including Residential, Commercial, and Institutional sectors. The residential segment plays a vital role, as increasing urbanization and changing lifestyles promote the adoption of electric cookers, enhancing convenience and efficiency in home cooking. Meanwhile, the commercial segment sees substantial demand, particularly in restaurants and catering services, where operational efficiency and time-saving methods are critical for success.Furthermore, the institutional segment, including schools and hospitals, significantly contributes to the market's dynamics by emphasizing the need for large-scale meal preparation and energy-efficient cooking solutions.

    The overall market shows strong growth potential, with evolving consumer preferences and technological advancements acting as key drivers. Opportunities abound in the form of innovative features and eco-friendly cooking solutions, while challenges may arise from competition and price sensitivity. As the Electric Cooker Market evolves, understanding the unique needs of each end user will be crucial for industry players to seize forthcoming growth opportunities.

    Electric Cooker Market Distribution Channel Insights  

    The Electric Cooker Market is poised for significant growth through its Distribution Channel segment, with the market reaching a value of 14.5 USD Billion in 2024. The market segmentation highlights three key distribution avenues: Online Retail, Offline Retail, and Direct Sales. Online Retail has witnessed a remarkable surge, driven by the rising number of consumers preferring the convenience of shopping from home and the vast selection of products available.

    Offline Retail continues to play a crucial role, allowing customers to physically inspect electric cookers before purchasing, which enhances customer confidence and satisfaction.Direct Sales serve as a compelling approach for manufacturers to engage directly with consumers, thereby establishing strong brand loyalty and personalized customer experiences. As the Electric Cooker Market revenue grows, the market trends reflect an increasing demand for innovative features and energy-efficient models. However, challenges such as intense market competition and price sensitivity among consumers could impact growth.

    There are ample opportunities for players in the industry to leverage technological advancements and enhance customer engagement through targeted marketing strategies.Overall, the Electric Cooker Market data indicates a robust landscape poised for evolution amidst changing consumer preferences and shopping behaviors.

    Get more detailed insights about Electric Cooker Market Research Report - Forecast Till 2035

    Regional Insights

    The Electric Cooker Market revenue reflects substantial growth across various regions, with a valuation of 14.5 USD Billion in 2024 and reaching 25.6 USD Billion by 2035. North America holds a significant position with a market value of 3.0 USD Billion in 2024, projected to expand to 5.2 USD Billion by 2035, showcasing its major role in market growth. Europe follows closely, valued at 4.0 USD Billion in 2024 and anticipated to rise to 7.0 USD Billion by 2035, emphasizing its importance in innovative electric cooking solutions.

    The APAC region dominates the market with a valuation of 5.5 USD Billion in 2024, expected to grow to 9.8 USD Billion by 2035, driven by high population density and increasing urbanization, making it a key player in the electric cooker segment.South America accounts for 1.5 USD Billion in 2024 and is set to reach 2.5 USD Billion by 2035, indicating a developing interest in modern cooking appliances. The MEA region, though smaller, at 0.5 USD Billion in 2024 and growing to 1.1 USD Billion by 2035, shows emerging opportunities as consumer spending on kitchen technology increases.

    Overall, the region-wise market segmentation of the Electric Cooker Market industry reveals promising trends and opportunities driven by various factors, including changing lifestyles, technological advancements, and increasing disposable incomes across these regions.

    Electric Cooker Market Regional Insights  

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Electric Cooker Market has been witnessing significant growth, driven by the increasing demand for technologically advanced kitchen appliances that promote convenience and efficiency in cooking. This sector is characterized by strong competition among various manufacturers, each striving to gain market share through unique product features, innovative designs, and targeted marketing strategies. As consumer preferences shift towards automated cooking solutions, companies are expanding their product lines to include not only traditional electric cookers but also multifunctional appliances that cater to diverse culinary needs.

    The competitive landscape is further shaped by factors such as pricing strategies, distribution channels, and brand loyalty, thereby creating a dynamic environment for both established players and new entrants.Breville has positioned itself as a prominent player in the Electric Cooker Market, renowned for its commitment to blending style with high performance. The company emphasizes innovative design elements and user-friendly interfaces, which attract a wide range of consumers looking for both aesthetics and functionality.

    Breville's electric cookers are widely recognized for their exceptional build quality and cutting-edge features, such as advanced temperature control and smart technology that enhance cooking precision and ease of use. This focus on delivering high-quality cooking experiences enables Breville to maintain a strong market presence and loyal customer base in the electric cooker sector.Tefal has carved out a significant niche in the Electric Cooker Market by focusing on the needs and preferences of everyday consumers. Known for its affordability and practicality, Tefal offers a diverse range of electric cookers that appeal to budget-conscious families and individuals seeking reliable cooking solutions.

    The brand's strength lies in its emphasis on user-friendly designs and robust performance, making cooking accessible for users of all skill levels. Tefal's commitment to innovation is also evident in its continuous introduction of new features and technologies that enhance usability. This approach not only bolsters Tefal's reputation but also enables the brand to sustain a competitive edge in a market that values both affordability and functionality in electric cooking appliances.

    Key Companies in the Electric Cooker Market market include

    Industry Developments

    • Q2 2024: Panasonic Launches New IoT-Enabled Electric Cooker Series in India Panasonic introduced a new line of IoT-enabled electric cookers in India, featuring app connectivity and energy-saving modes, targeting the growing demand for smart kitchen appliances in the region.
    • Q2 2024: Instant Brands Unveils Instant Pot Pro Plus with Advanced Safety Features Instant Brands launched the Instant Pot Pro Plus, a new electric multi-cooker with enhanced safety mechanisms and Wi-Fi connectivity, expanding its smart appliance portfolio in North America.
    • Q3 2024: Philips Signs Partnership with Tata CLiQ to Expand Electric Cooker Distribution in India Philips entered a strategic partnership with Tata CLiQ to distribute its latest range of electric cookers across India, aiming to strengthen its presence in the rapidly growing Indian market.
    • Q3 2024: Midea Opens New Electric Cooker Manufacturing Facility in Vietnam Midea Group inaugurated a new manufacturing plant in Vietnam dedicated to electric cookers, increasing its production capacity to meet rising demand in Southeast Asia.
    • Q4 2024: Hamilton Beach Launches Eco-Friendly Electric Rice Cooker Line in North America Hamilton Beach introduced a new line of electric rice cookers made with recycled materials and energy-efficient technology, targeting environmentally conscious consumers in the U.S. and Canada.
    • Q4 2024: Zojirushi Announces Executive Leadership Change Amid Global Expansion Zojirushi appointed a new CEO to lead its global expansion strategy, with a focus on increasing electric cooker sales in North America and Europe.
    • Q1 2025: Samsung Enters European Electric Cooker Market with SmartCook Series Samsung launched its SmartCook electric cooker series in Europe, featuring AI-powered cooking assistance and integration with the SmartThings ecosystem.
    • Q1 2025: Breville Acquires UK-Based Electric Cooker Startup Hestia Appliances Breville completed the acquisition of Hestia Appliances, a UK startup specializing in compact electric cookers, to strengthen its product portfolio and European market presence.
    • Q2 2025: Morphy Richards Launches Multi-Function Electric Cooker in Middle East Morphy Richards introduced a new multi-function electric cooker tailored for Middle Eastern cuisines, expanding its product offerings in the region.
    • Q2 2025: Bajaj Electricals Wins Major Government Contract for Electric Cookers in India Bajaj Electricals secured a government contract to supply electric cookers for a large-scale rural electrification initiative, supporting India's push for modern kitchen appliances in rural areas.
    • Q3 2025: Toshiba Launches Premium Induction Electric Rice Cooker in Singapore Toshiba released a new premium induction electric rice cooker in Singapore, featuring advanced temperature control and smart menu settings for local dishes.
    • Q3 2025: Electrolux Opens R&D Center for Electric Cookers in Sweden Electrolux inaugurated a new research and development center in Sweden focused on innovation in electric cooker technology, aiming to accelerate product development for the European market.

    Future Outlook

    Electric Cooker Market Future Outlook

    The Global Electric Cooker Market is projected to grow at a 5.3% CAGR from 2024 to 2035, driven by technological advancements, increasing consumer demand for convenience, and a shift towards energy-efficient appliances.

    New opportunities lie in:

    • Develop smart electric cookers with IoT integration for enhanced user experience.
    • Expand product lines to include multi-functional cookers catering to diverse cuisines.
    • Leverage sustainable materials and energy-efficient technologies to attract eco-conscious consumers.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and technological innovations.

    Market Segmentation

    Electric Cooker Market End User Outlook

    • Residential
    • Commercial
    • Institutional

    Electric Cooker Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Electric Cooker Market Product Type Outlook

    • Rice Cookers
    • Multicookers
    • Pressure Cookers
    • Slow Cookers
    • Steamer

    Electric Cooker Market Cooking Capacity Outlook

    • Less than 1 Liter
    • 1 to 3 Liters
    • 3 to 5 Liters
    • 5 to 7 Liters
    • More than 7 Liters

    Electric Cooker Market Distribution Channel Outlook

    • Online Retail
    • Offline Retail
    • Direct Sales

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 13.77(USD Billion)
    Market Size 2024 14.5(USD Billion)
    Market Size 2035 25.6(USD Billion)
    Compound Annual Growth Rate (CAGR) 5.3% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Breville, Tefal, Bajaj Electricals, Panasonic, PageGroup, Midea, Cuisinart, Instant Brands, Samsung, Philips, Hamilton Beach, Black+Decker, LG Electronics, Whirlpool
    Segments Covered Product Type, Cooking Capacity, End User, Distribution Channel, Regional
    Key Market Opportunities Rising demand for smart appliances, Health-conscious cooking trends, Increasing urbanization and convenience, Energy efficiency and eco-friendly options, Expansion in emerging markets
    Key Market Dynamics Rising urbanization and convenience demand, Health consciousness and smart cooking trends, Technological advancements and innovations, Competitive pricing and brand loyalty, Environmental sustainability and energy efficiency
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What was the market size of the Electric Cooker Market by 2024?

    The Electric Cooker Market was valued at 14.5 USD Billion in 2024.

    How much is the Electric Cooker Market expected to grow by 2035?

    By 2035, the Electric Cooker Market is projected to reach a valuation of 25.6 USD Billion.

    What is the expected CAGR for the Electric Cooker Market from 2025 to 2035?

    What is the expected CAGR for the Electric Cooker Market from 2025 to 2035?

    Who are the key players in the Electric Cooker Market?

    Major players in the Electric Cooker Market include Breville, Tefal, Bajaj Electricals, and Panasonic, among others.

    What is the market size of Multicookers in 2035?

    The market size of Multicookers is projected to be valued at 7.0 USD Billion by 2035.

    How is the market size expected to change for Pressure Cookers by 2035?

    The market size for Pressure Cookers is expected to increase to 4.5 USD Billion by 2035.

    What growth opportunities exist in the Electric Cooker Market?

    The market presents growth opportunities driven by innovative product features and increasing consumer demand for convenience.

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