Standard electric rice cookers

Electric Rice Cooker Market Analysis - Global Industry Forecast 2019 to 2029

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The electric rice cooker industry is projected to rise at a healthy CAGR of 7% between 2019 and 2029.  Frequent new product launches and increasing consumer inclination towards energy efficiency are the primary factors driving sales. The capabilities of electric rice cookers to meet the demand of commercial and residential cooking will continue to aid the growth of electric rice cooker market. This promising growth outlook can be attributed to associated customer convenience and innovative product designs, reveals Fact.MR in its new study.

“Increasing product visibility among consumers, with a shifting preference towards energy-efficient cooking appliances, has paved the way for the electric rice cooker market towards a profitable future,” concludes the Fact.MR report.

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Electric Rice Cooker Market – Key Takeaways