Global Industrial Rice Cooker Market– Introduction
- Industrial rice cookers offer a hassle free operation and is used to make different kinds of rice such as white rice, brown rice, grits, and oatmeal without constantly monitoring the process.
- Industrial rice cookers are often used to warm and cook cheese, vegetables, and macaroni.
- An industrial rice cooker is versatile and simple to use; it ensures stress free preparation of some of the most popular dishes such as biryani and pilaf, as it varies in heat source, capacity, and controls.
- Industrial rice cookers have different uncooked and cooked rice capacities and are available in many sizes, which makes it easy to free up space in the kitchen.
- Industrial rice cookers are of two types - electric rice cooker and gas rice cooker, which are fully automatic and can handle the whole process of rice cooking i.e. from washing rice to the end of the cooking cycle.
To understand how our report can bring difference to your business strategy, Ask for a brochure
Global Industrial Rice Cooker Market– Dynamics
Key Drivers of the Global Industrial Rice Cooker Market
- Rising population and urbanization is anticipated to boost the demand for industrial rice cookers during the forecast period.
- Increasing consumption of rice is expected to boost the demand for industrial rice cookers around the world.
- The growing production of rice as well as the increasing demand for rice are major factors driving the efforts of manufacturers to make innovative industrial rice cookers, which is anticipated to boost the growth of the industrial rice cooker market.
- The increasing usage of industrial rice cooker that allows users to cook all kinds of grains, from wild rice to white rice, brown rice, oatmeal, and polenta.
- Increasing consumer inclination toward brown rice is spurring the demand for industrial rice cookers, which is anticipated to fuel the global market in the upcoming years.
- Shift in consumer preference for energy-efficient solutions with service affordability, superior efficiency, and minimum running costs is also expected to fuel the global industrial rice cooker market between 2019 and 2027.
High Cost of Industrial Rice Cookers a Restraint of the Market
- High cost of industrial rice cookers, increasing crop failure, and lack of warehouses are major factors expected to hinder the global industrial rice cooker market in the next few years.
Asia Pacific to Hold Major Share of Global Industrial Rice Cooker Market
- In terms of region, the global industrial rice cooker market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
- Asia Pacific is projected to hold a significant share of the global industrial rice cooker market during the forecast period, due to growing urbanization and increasing population that has led to increasing consumption of rice and rice products such as biryani and Pilaf.
- North America held leading share of the global industrial rice cooker market in terms of volume and revenue in 2018 and is projected to continue its dominance throughout the forecast period.
Global Industrial Rice Cooker Market– Competitive Landscape
Key Players Operating in the Global Market
The global industrial rice cooker market is highly consolidated with top manufacturers accounting for approximately 25%–30% of the market share. A few of the key players operating in the global industrial rice cooker market are:
- ABM Food Equipment
- Aroma Housewares Company
- BLACK+DECKER Inc.
- Dubick Fixture & Supply, Inc.
- Hamilton Beach Brands, Inc.
- KaTom Restaurant Supply, Inc.
- Krishna Allied Industries Pvt. Ltd.
- Paloma Co., LTD.
- Panasonic Corporation
- Thunder Group Inc.
- TIGER CORPORATION U.S.A.
- WINCO FOODS
- Zojirushi America Corporation.
The global industrial rice cooker market is expanding at a rapid pace due to rise in technological innovation, competition, and M&A activities in the industry, which in turn is prompting several local and regional vendors to offer specific products for varied end-users.
Stuck in a neck-to-neck competition with other brands? Request a custom report
Global Industrial Rice Cooker Market– Research Scope
The global industrial rice cooker market can be segmented based on:
- Distribution Channel
Global Industrial Rice Cooker Market, by Type
Based on type, the global industrial rice cooker market can be divided into:
Global Industrial Rice Cooker Market, by Distribution Channel
Based on distribution channel, the global industrial rice cooker market can be segregated into:
- Direct Sales (OEM)
- Indirect Sales
Global Industrial Rice Cooker Market, by End-user
On the basis of end-user, the global industrial rice cooker market can be segmented into:
- Industrial Canteens
Global Industrial Rice Cooker Market, by Region
Based on region, the global industrial rice cooker market can be divided into:
- North America
- Rest of North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.