Slow Cooker and Sous Vide Market is Projected to Reach at a US$ 13.07 billion in 2033 | FMI

The slow cooker and sous vide market is projected  to reach a valuation of US$ 7.65 billion in 2023 and is anticipated to exhibit a compound annual growth rate (CAGR) of 5.5% from 2023 to 2033 and reach US$ 13.07 billion in 2033.

The global slow cooker segment has witnessed an increment sales of the products over the years on the back of transforming preference of consumers in the preparation of freshly cooked meals and an increase in the number of working women’s,. Rising demand for slow-cooked food is one of the key growth drivers in the market. Due to the long, low-temperature cooking, slow cookers help tenderize less costly meat cuts. A slow cooker brings out the food flavor.

A wide range of foods, including one-pot meals, soups, stews, and casseroles, can be prepared in a slow cooker. Furthermore, benefits such as energy efficiency and time efficiency would also drive demand for slow cookers and sous vide, which will subsequently fuel global market growth.

Sous vide is experiencing steady growth over the past few years owing to their growing adoption among the population. Sous vide is the type of cooking where the food is sealed in a glass jar or plastic pouch and is placed in a steam atmosphere or water bath for longer than usual periods.

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Changing Consumer Lifestyle Fuelling the growth of Global Slow Cooker and Sous Vide Market

The sous vide machine’s purpose is to cook the food correctly, avoid overcooking, and preserve the moisture. Changing lifestyles among customers.

Also, increasing working women’s population has led to an increase in demand for sous vide machines and slow cooker. Employed women are given little time to cook. They are therefore opting for a slow cooker and sous vide machines which will help them cook the food faster than traditional cooking.

The growing female workforce has also led to increased demand for a slow cooker and sous vide machines.Women are likely to cook food which requires less time than the traditional method of cooking.

However, the rising price of a slow cooker and sous vide machines is limiting the global demand for a slow cooker and sous vide market.The portability of slow cookers is among the latest developments that will gain momentum in the slow cooker industry over the forecast period.

The portable crock feature reduces the weight of slow cookers, enabling users to switch the cookers without too much trouble from one position to the other, and increases the quotient of comfort. Additionally, features such as locking mechanism and rubber seals added, which keeping the lid securely locked onto the crock for spill-free slow cooker transport will also boost slow cooker sales.