Semiconductors & Electronics Industry Electric Rice Cooker Market Insights to 2024 | Page 2
Hexa Research
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require draining out the excess water as in case of cooking on stovetop that helps retain
the nutritional content of the rice. Moreover, most of the rice-cookers model are
affordable. The aforementioned points are to drive the market growth over the forecast
period.
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Many cooker models nowadays are multi-cooker models. These models give feature of
cooking meat and veggies, or steaming veggies above the rice, which enhances the rice
flavor while keeping intact all the nutrients in the rice. Some pot -style rice cookers give the
option of baking that allows baking a mini-cake. Rice cookers give timing option for all
kinds of rice. Its programmable feature help delay the start of a rice cooker and lets one
know how long it will take to cook rice. A keep warm option allows rice to be warm for 20
minutes to 12 hours depending on the model. Many of the rice cookers comes with
measuring cup for the rice and measuring line on the bowl indicating how much water one
needs to add. The ability of electric rice cookers to perform multi functions is to accelerate
the market growth over the forecast period.
However, declining rice consumption in a majority of Asian countries with rising income as
people are diversifying their diet is to hamper the market growth over the forecast period.
Moreover, rice cooker consumes a lot a space in a kitchen for just one tas k. People with
small kitchen do not prefer rice cookers generally. Large cookers cook single servings of
rice less well than they do for large batches. Cleaning rice cooker is a difficult task. These
things about a rice cooker can pose challenge to this ma rket. Furthermore, providing more
features to a rice cooker that can cook other things well along with rice is provides
opportunity to this market.
The market can be segmented on the basis of capacity, bowl quality, cooking logic and
heating method. Capacity indicates the volume of rice that can be cooked in one cycle.
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