Nonstick Cookware Market Growth & Trends
The global nonstick cookware market size is anticipated to reach USD 27.45 billion by 2030 and is anticipated to expand at a CAGR of 5.9% during the forecast period, according to a new report by Grand View Research, Inc. The nonstick cookware industry is rapidly changing due to technological improvements and shifting customer preferences. Businesses are continuously investing in their R&D for new product developments and advances in this industry, including electronic cookware and smart kitchen gadgets, among others.
The rise in the popularity of home cooking due to health and cost consciousness and social media influence are some of the key factors fueling the demand for nonstick cookware products. The availability of different recipes on the internet helps consumers try new recipes and improve their cooking skills at home. Besides, cooking shows and cooking competitions on TV, recipes shared by celebrity chefs, and regional and international food publications have aided the trend of cooking at home. This has boosted the overall demand for nonstick cookware products.
The growing preference towards home-cooked meals is fueling the growth of the nonstick cookware market. According to Prepared Foods, in 2024, the home dining trend is rising, as 86 % of eating occasions in the U.S. were sourced from home. The rising interest in at-home food preparation that has occurred due to rising health concerns among individuals, such as heart conditions and obesity, is expected to impact the growth of the nonstick cookware market. Additionally, the market for nonstick cookware is rising due to the growth of the hospitality industry, which is primarily driven by continuous investments in local restaurants.
Nonstick Cookware Market Report Highlights
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