Pressure Cooker Market: Global Industry Analysis and Forecast (2023-2029)

Pressure Cooker Market was valued at US$ 5.43 Bn. in 2022. Global Pressure Cooker Market size is expected to grow at a CAGR of 8.78 % through the forecast period.
Pressure Cooker Market Overview:
A pressure cooker is a sealed chamber that traps the steam generated as its contents are heated. As steam builds, pressure increases, driving the boiling point of water past 212°F. In general, this higher temperature shortens cooking times and, due to a lack of evaporation, extracts flavour more efficiently from foods.To know about the Research Methodology :- Request Free Sample Report

Pressure cooking is the process of cooking food under high pressure steam, employing water or a water-based cooking liquid, in a sealed vessel known as a Pressure cooker. High pressure limits boiling, and creates higher cooking temperatures which cook food far more quickly. Almost any food that can be cooked in steam or water-based liquids can be cooked in a pressure cooker.

Modern pressure cookers have numerous safety features to prevent the pressure cooker from holding too much pressure. After cooking, the steam pressure is lowered back to ambient atmospheric pressure, so that the vessel can be opened. A safety lock prevents opening while under pressure on all modern devices. A pressure cooker cooks food about 30 percent faster than conventional methods like steaming, boiling, and braising.

The report explores the Pressure Cooker Market's segments (Connectivity and Content, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2022. The report investigates the Pressure Cooker Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Pressure Cooker Market's contemporary competitive scenario.
Pressure Cooker Market Dynamics:
The market for pressure cookers has seen significant expansion in recent years as a result of rising consumer demand brought on by the world's urban population's rapid growth and the expanding hospitality industry. Due mostly to an increase in demand from urban customers, the market for pressure cookers has been on the rise.

Cooking techniques like pressure cookers, which save the amount of time it takes to cook food by roughly 70%, have gained popularity as consumer awareness of gas and electricity savings has grown. The need for pressure cookers has decreased as a result of product innovations such high radiation flames and electric burners. Pressure cooker sales are increasing as a result of these factors.

Eating foods that are pressure cooked offers more nutritional boost than those cooked for longer periods using traditional cookware. The longer foods are cooked, the more nutrients are destroyed. Foods cooked in a pressure cooker are ready faster, using less liquid. The liquid is boiled away leaving the food with most of its nutrients. The fact that foods are done in a shorter cooking time means they are less likely to lose their colour and flavour, as well as minerals and vitamins that are evaporated or diluted.

The pressure cooker will not heat up your kitchen when it’s cooking. Plus, if you’re using an electric pressure cooker, you don’t even need to stay in the kitchen while it cooks. Perfect for the hot summer.

Modern-day pressure cookers have taken the risk out of pressure cooking. Pressure cookers today do not emit that high-pitched screeching sound, and they have safety features which prevent excess pressure build up, and locking lid handles which will not open until the pressure is released.

Companies now provide educational content about cooking recipes via digital platforms to keep consumers interested in learning newer cooking recipes and improve cooking efficiency. These businesses' efforts are probably going to persuade customers to buy crockery products, which will increase market growth.

Players on the market are investing in R&D initiatives and the introduction of cutting-edge technologies based on cooking techniques and materials to meet the rising demand for nontoxic pressure cookers. Pressure cookers covered in hard anodized ceramic and aluminium, among other materials, are in greater demand, according to market participants.
Pressure Cooker Market Segment Analysis:
Based on Material, Pressure Cooker Market Segmented into the stainless steel, aluminum and others. The stainless steel segment is expected to grow at CAGR of xx% during forecast period, because of they are efficient compared to conventional cook pots. Since stainless steel material conducts and retains heat efficiently, you will be able to achieve suitable results within a short time this saving more time in your cooking, it easy to clean, Stainless steel material does not react with food during the process of cooking and therefore you are assured of healthy results and Stainless steel cookers have a uniform heat distribution that makes cooking appreciative.

Aluminium pressure cooker held the second largest market share because of Aluminium as it is so lightweight, Aluminium is a great conductor of heat. This will allow the pressure cooker to heat up quickly and cook your food faster. This means less fuel for cooking and also faster cooking.



Based on the Application, Pressure Cooker Market segmented into the household and commercial. The household segment held the largest market share of xx% in 2022, due to the household consumer’s large consumption of pressure cooker for their cooking needs. The pressure cookers are extensively used in household for preparing food because of With pressure cooking, you only need to add the ingredients and you can be assured of thoroughly cooked food in a much shorter time than if you were using a traditional oven, the shorter cooking time and smaller volume of water used in pressure cooking means that less flavour is lost from the food, making it tastier and healthier and with pressure cooking, the amount of energy expended is lower than with other kitchen appliances.

Based on the Capacity, Pressure Cooker market is segmented into the 1-2 liters, 2-5 liters, 5-8 liters and above 8 liters. The 2-5 liters segment is expected to grow at CAGR of xx% during forecast period because in the household mainly use 2- 5 litre of capacity pressure cooker. Provides faster and more consistent heating thus ensuring a delicious and perfectly cooked nutritious meal. The smallest pressure cooker to fit your needs because a bigger the pressure cooker will take longer to reach pressure, will need more liquid to get there and it will be bulky to both clean and store.
Pressure Cooker Market Regional Insights:
In Asia Pacific due to rising production and consumption, which would spur the acceptance of quick cooking techniques like pressure cookers in the region, the Asian market will hold the biggest market share throughout the projection period. Sales in the industry are being further boosted by the increase in the adoption of innovative items. India is the world's largest producer and consumer of pressure cookers.

The European Commission's measures to encourage the use of low-emitting products are projected to cause Europe to rapidly expand during the projection period. Also projected is an increase in sales of electric pressure cookers due to customers' strong purchasing power. he North America market is expected to grow faster due to the rising demand for electric pressure crockery product.

The objective of the report is to present a comprehensive analysis of the Global Pressure Cooker Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Pressure Cooker Market dynamic, structure by analyzing the market segments and projecting the Pressure Cooker Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Pressure Cooker Market make the report investor’s guide.
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Pressure Cooker Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 5.43 Bn.


Forecast Period 2023 to 2029 CAGR:
8.78%
Market Size in 2029:
US$ 9.8 Bn.


 Segments Covered:
by Material
Stainless Steel
Aluminum
Others


by Application
Household
Commercial


by capacity
1-2 liters
2-5 liters
5-8 liters
Above 8 liters



Pressure Cooker Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America
Pressure Cooker Market Key Players:
1. Pressure Cooker Market
2. Zwilling
3. GROUPE SEB
4. Fissler
5. Panasonic Corporation
6. Koninklijke Philips N.V.
7. WMF Group
8. Midea Group Co., Ltd.
9. Zhejiang Supor Co., Ltd.
10. Qingdao Haier Co., Ltd.
11. Joyoung Co., Ltd.
12. Hawkins cookers limited
13. TTK Prestige
14. Corelle brands
15. National Presto Industries
16. Myer Pty
17. Conair corporation
18. Kuhn rikon

Frequently Asked Questions:

1] What segments are covered in the Global Pressure Cooker Market report?
Ans. The segments covered in the Pressure Cooker Market report are based on Material, Application and Capacity.

2] Which region is expected to hold the highest share in the Global Pressure Cooker Market?
Ans. Europe region is expected to hold the highest share in the Pressure Cooker Market.

3] What is the market size of the Global Pressure Cooker Market by 2029?
Ans. The market size of the Pressure Cooker Market by 2029 is expected to reach US$ 9.8 Bn.

4] What is the forecast period for the Global Pressure Cooker Market?
Ans. The forecast period for the Pressure Cooker Market is 2023-2029.

5] What was the market size of the Global Pressure Cooker Market in 2022?
Ans. The market size of the Pressure Cooker Market in 2022 was valued at US$ 5.43 Bn.