Rice Cooker Market Is Booming Worldwide | Leading Key Players

26 March 2019: Global Rice Cooker Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Rice Cooker Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Rice Cooker Business, Market Share of Product, Application and Regional Scope of Rice Cooker which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.

Globally, the market is predicted to grow at a CAGR of 3.5% over the forecast period, providing numerous opportunities for market players to invest in research and development of the rice cooker market. The key players in the rice cooker market are Panasonic Co., Zhejiang Supor Co., Ltd., Midea Group, Matsushita Electric Industrial Company, Ltd., Koninklijke Philips N.V., Nine Yang Ltd., SKG Electric Co.

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The recent technological advancement and development of the novel products such as electric rice cookers are expected fuel market demand over the upcoming years. Additionally, excessive features such as measuring cups for the rice and marking on the pots to quantify the amount of water required to cook rice are expected to boost market demand for rice cookers in the near future.

The rice cookers market is further divided into two major types based on end-users applications such as household and commercial. The rice cookers market is expanding at a remarkable pace owing to recent technological innovation, rising competition in the market, and R&D activities in the industry.

The rice cooker market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies and existence of well-established manufacturing sector in the region. Asia-Pacific region is predicted to hold major market share in the rice cooker market with massive growth in forecast period.

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Market Segment:

Key Products

• Conventional Rice Cooker

• Micom Rice Cooker

• IH Rice Cooker

Key Regions

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

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