Recipe App Market worth USD 1.3 billion in 2021 and is expected to reach USD 2.09 billion by 2029- Cognitive Market Research

As per Cognitive Market Research analysis, the global Recipe App Market is valued at USD 1.3 billion in 2021 and is expected to reach USD 2.09 billion by 2029, growing at a CAGR of 5.79% (2022-2029)

Read Full Report with Table of Contents : https://www.cognitivemarketresearch.com/recipe-apps-market-report

Recipe App Market Overview:
Recipe Apps are basically a mobile application that provides step-by-step cooking instructions for a particular dish, making cooking easier, more convenient, and faster.

• Factors contributing to the growth of the recipe apps market
- Increase in smartphone and internet penetration plays a vital role as it enhances the penetration of recipe apps to each individual target customer.

- The growing interest in the cooking of food from different cultures and cuisine has flourished the recipe apps demand as people often deployed recipe apps to learn new dishes. Moreover, self-cooking also helps in eliminating non-favourite and allergic ingredients making food more enjoyable which further drives the market growth.

- Rising awareness associated with a healthy diet coupled with the desire of making meal planning and preparation more convenient and varied also accelerates the growth of the recipe apps market.

• Recipe apps market opportunities
- The incorporation of advanced technologies such as virtual and augmented reality in recipe apps may offer interactive tutorials and instructions, making cooking more realistic which may be the next visual recipe tool to penetrate kitchens.

- The development of personalization and customization recipe apps that can offer tailored recommendations and meal plans based on users' food preferences, health goals, and dietary restrictions can enhance the user experience. Thus, personalization and customization of recipe apps with constant feedback and timely updates feature can create lucrative market opportunities for the recipe app market.

- A growing interest in cooking and food, and a growing population of smartphone users in emerging markets act as a lucrative opportunity for recipe apps to expand in emerging markets.
COVID-19 has enhanced the growth rate of the recipe app market to a significant level.

- The COVID-19 pandemic has left a remarkable impression on the eating habits of people across the globe. The lockdown resulted in a massive rise in home cooking. With no left option of ordering food from outside, the majority of people started cooking in the kitchen. Survey reports claim that around 30-35% of people developed a newfound passion for cooking. Thus, increased demand for recipe apps was reported during the COVID-19 pandemic.

• Regional Analysis of Recipe App Market:
- North America has the highest number of recipe app user
Based on Region, the market is segmented as North America, Europe, Asia Pacific, Latin America and Middle East, and Africa. North America holds the highest market share of the recipe app market followed by Europe and Asia Pacific region. Significant awareness and usage associated with mobile applications, better internet accessibility, and rising health and dietary associate awareness are the factors driving the adoption of the recipe app market in this region.

Top players involved in the Recipe App Market:
• Cookpad Inc
• Yummly, Inc
• BBC Good Food
• Kitchen Stories
• Forks Over Knives
• Allrecipes Dinner Spinner
• Food Network Kitchen NY Times Cooking
• BuzzFeed Inc. (Tasty
• Epicurious
• BigOven
• Oh She Glows
• Side Chef
• Paprika and Weber
• iGrill
• Others.

Current Trends of Manufacturers:
• Aug 2022
Cookpad has launched a new corporate brand design "Organic"
- "Organic", a new corporate brand design was launched by Cookpad to differentiate their recipe service from their overall corporate operations.

• Segment Analysis:
The recipe Apps market report is fragmented on the basis of offering, end-user, payment mode, operating systems, and region.

- Recipe apps are increasingly used for Cookbooks and Cookery
Based on Offering, the market is fragmented into Cookbooks and Cookery, Meal Plans, Recipe Management, Grocery Lists, Social Cooking, and Others. Cookbook and Cookery hold the highest market share as recipe app is being widely deployed for learning new recipe, exploring cooking skill, etc. by the budding cook and home cook.

- Free recipe apps are preferred more by recipe apps user across the globe
Based on Payment, the market is fragmented into Free Users and Paid Users.
The free Users' payment segment holds the highest market share. Several companies offer free recipe apps; thus, users generally prefer recipe free apps instead of paying for them.

- Android sustained its position as the principal mobile operating system
Based on the Operating system, the market is segmented as IOS, Android, and others. Android has the highest user base owing to its low-cost android mobile devices. The majority of the population in the globe belongs to low disposable income and thus generally opt for android mobile devices which are comparatively cheaper than IOS mobile devices.
The estimated data states that android accounts for around 70% of the global market share while iOS comprises around 28% as of 2022.

Related Report:
• Cloud Kitchen Foodservice Market- https://www.cognitivemarketresearch.com/cloud-kitchen-foodservice-market-report
• Virtual Kitchen Market- https://www.cognitivemarketresearch.com/virtual-kitchen-market-report
• Smart Kitchen Appliances- https://www.cognitivemarketresearch.com/smart-kitchen-market-report
• Car Apps- https://www.cognitivemarketresearch.com/in-car-apps-market-report

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