Commercial Rice Cooker Market Revenue to Attain USD 4.38 Bn by 2033

22 Sep 2025

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Table of Content

1. Commercial Rice Cooker Market Revenue and Trends 2025 to 2033 2. What are the Key Factors Influencing the Growth of the Commercial Rice Cooker Market? 3. Segment Insights 4. Regional Insights 5. Commercial Rice Cooker Market Coverage 6. Commercial Rice Cooker Market Key Players

Commercial Rice Cooker Market Revenue and Trends 2025 to 2033

The global commercial rice cooker market revenue reached USD 2.72 billion in 2025 and is predicted to attain around USD 4.38 billion by 2033 with a CAGR of 6.15%. This market is growing rapidly due to rising demand for commercial kitchen equipment in the foodservice industry, expanding global rice consumption, and a shift toward energy-efficient and smart kitchen equipment.

What are the Key Factors Influencing the Growth of the Commercial Rice Cooker Market?

There are several factors driving the growth of the market. Firstly, the rise in urban living and the increase in disposable income, especially in the Asia-Pacific and Latin America regions, are enabling food-service operators to invest in upgraded commercial kitchen equipment. Secondly, the globalization of cuisines has contributed to a surge in rice-based dishes on menus globally, prompting restaurants and catering services to invest in rice cooking solutions that ensure both consistency and volume. Additionally, there is a significant emphasis on automation and efficiency, with features like programmable controls, multi-tasker units, energy-saving technologies, and smart/IoT connectivity aimed at reducing labor costs and minimizing waste.

Segment Insights

• By product type, the electric commercial rice cookers segment led the market in 2024. This is because of their high adoption in restaurants and hotels, driven by lower operating costs and simple operation. 
• By capacity, the 10-20 litre segment held the largest market share in 2024, as this is the preferred option because it offers the necessary balance between production volume requirements for a mid-sized establishment, without a prohibitively large footprint. 
• By application, the restaurants & food chains segment dominated the market in 2024, driven by the high demand for consistent and large-volume rice preparation to serve numerous customers efficiently. 
• By distribution channel, the distributors & dealers segment led the market in 2024 because they provide the "one-stop shop" for consumers. They have extensive networks and strong relationships with restaurants, food chains, and catering businesses, enabling wide and efficient product reach. 
• By end-user, the full-service restaurants segment sustains dominance in the market in 2024. This is primarily due to their need for high-quality, consistent rice preparation to meet diverse customer expectations.

Regional Insights

Asia Pacific dominated the commercial rice cooker market with the largest share in 2024. This is mainly due to the high consumption of rice as a staple food across China, India, Japan, South Korea, and Southeast Asia. Rapid urbanization and expansion of the food service delivery industry, along with the expansion of restaurants, cafes, and hotels, further bolster regional market growth. Additionally, the adoption of advanced kitchen technologies in the region has further fueled the need for efficient commercial rice cookers.

North America is expected to experience rapid growth in the market, driven by increasing consumer interest in Asian and Latin cuisines, as well as the presence of a well-established and expansive foodservice industry. There is a rising demand for commercial kitchen appliances. Additionally, the presence of well-established distribution networks and technological adoption in commercial kitchens is supporting regional market growth.

Commercial Rice Cooker Market Coverage

Commercial Rice Cooker Market Key Players

• Zojirushi Corporation
• Panasonic Corporation
• Tiger Corporation
• Toshiba Corporation
• Cuckoo Electronics Co. Ltd.
• Aroma Housewares Company
• Hamilton Beach Brands
• Sunpentown International Inc. (SPT)
• Black+Decker (Stanley Black and Decker)
• Philips Domestic Appliances
• Breville Group Limited
• Electrolux AB
• Sharp Corporation
• Conair Corporation (Cuisinart)
• Joyoung Co. Ltd.
• Midea Group
• Supor Co. Ltd.
• Tatung Company
• Oster (Newell Brands)
• West Bend (Focus Products Group)

Recent Development

• In July 2025, Tiger Corporation introduced a new commercial-use specialty IH rice cooker model (JIK-P180, 1-sho capacity) featuring a “Soaked Rice Setting” that can cook soaked rice in less than 15 minutes. This aims to reduce food waste and accelerate service in restaurant settings. (Source- https://www.tiger-corporation.com)

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