The Cooking Spray Market is Predict to reach USD 13.6 Billion by 2031, at a CAGR of 5.2%

07-Jun-2024 | Report Format: Electronic (PDF)

Cooking Spray Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cooking Spray Market size is expected to reach $13.6 billion by 2031, rising at a market growth of 5.2% CAGR during the forecast period.

A cooking spray is a kitchen product that prevents food from sticking by coating cooking surfaces with a layer of fat or oil. It is typically packaged in aerosol cans or pump bottles for easy application. Cooking sprays are popular for greasing baking pans, grilling surfaces, and frying pans, providing a convenient and mess-free way to apply oil. They are available in various formulations, including vegetable, olive, coconut, and butter-flavored options.

Cooking Spray Market Size - By Region

The Home Use segment is experiencing a CAGR of 6.1% during (2024 - 2031). The increased growth in this segment can be largely attributed to the changes in consumer behavior brought about by the COVID-19 pandemic. With more people staying home and cooking their meals, the demand for convenient and easy-to-use cooking aids like cooking sprays has risen significantly. Home cooks appreciate the ease with which cooking sprays can be used to prepare meals quickly and efficiently.

The B2B segment is leading the Global Cooking Spray Market by Distribution Channel in 2023, thereby, achieving a market value of $7 billion by 2031.  The dominance of the B2B segment can be attributed to the high volume of cooking sprays required in these professional kitchens. Restaurants and catering services rely heavily on cooking sprays for their efficiency, consistency, and ease of use, which are crucial for maintaining high food preparation and presentation standards.

The Olive Oil Spray segment is registering a CAGR of 4.8% during (2024 - 2031). Olive oil sprays are favored for their health benefits and rich flavor profile. Olive oil is well-known for its antioxidant and monounsaturated fat content, which contribute to its heart-healthy properties. This makes olive oil sprays an attractive choice for health-conscious consumers looking to enhance the nutritional value of their meals. Additionally, the distinctive flavor of olive oil enhances the taste of various dishes, from salads to roasted vegetables, making it a preferred option for gourmet cooking.

Full Report: https://www.kbvresearch.com/cooking-spray-market/

The North America region dominated the Global Cooking Spray Market by Region in 2023; thereby, achieving a market value of $4.8 Billion by 2031. The Europe region is anticipated to grow at a CAGR of 4.8% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 5.8% during (2024 - 2031).

List of Key Companies Profiled

  • Pompeian, Inc.
  • Bunge Limited
  • Conagra Brands, Inc
  • The J.M Smucker Company
  • B&G Foods, Inc.
  • The Hain Celestial Group, Inc.
  • Ventura Foods, LLC (Smart Balance)
  • Pure Wesson
  • Frylight (Saputo Dairy UK)

Cooking Spray Market Report Segmentation

By End Use

  • Commercial Use
  • Home Use

By Distribution Channel

  • B2B
  • B2C

By Type

  • Vegetable Oil Spray
  • Olive Oil Spray
  • Coconut Oil Spray
  • Baking Spray
  • Butter Flavored Spray
  • Others

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