Gas & Electric Pressure Cooker Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast The global gas & electric pressure cooker market is projected to expand at a CAGR of 7% during the forecast period, 2021 – 2028. The growth of the market is attributed to growing preference of the product from working population.
A pressure cooker is a sealed pot with a valve that controls the steam pressure inside. Once the pot is heated, the liquid inside forms steam, which raises the pressure in the pot. The gas pressure cooker is designed to be cost-effective and reliable. On the other hand, electric pressure cookers are connected directly to the electric system, they are safer than the gas models and also have timers and other cooking options for several food recipes. Request Sample link :- https://growthmarketreports.com/request-sample/276 Market Trends, Drivers, Restraints, and Opportunities
Growing awareness regarding the benefits is expected to drive the market growth. Increasing demand for hard anodized aluminum and ceramic coated products is anticipated to spur the market growth. Gas pressure cookers do not allow users to check on the progress during cooking. The meal can be over cooked or undercooked. Moreover, the sealing ring needs to be in proper condition to seal the cooker correctly and develop the enough pressure. Thus, such demerits are expected to restrain the market growth. Growing concerns of consumers regarding time and energy efficiency is expected to favor the adoption of the pressure cookers, which in turn, is expected to drive the market growth. Increasing disposable income and rising adoption of innovative products are expected to drive the market growth during the forecast period. Electric cookers are equipped with automatic switch-off button, which saves energy and gets turned off before the food gets burnt. These factors are anticipated to positively impact the market growth during the forecast period.