The North America Cooking Spray Market would witness market growth of 17.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 3,698.3 thousand units, showcasing a growth of 26.9% (2020-2023).
The US market dominated the North America Cooking Spray Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,452.9 million by 2031. The Canada market is exhibiting a CAGR of 7% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 6.6% during (2024 - 2031).
Recent years have witnessed substantial expansion and transformation in the cooking spray industry, propelled by shifting consumer inclinations, technological progress, and an increasing emphasis on convenience and well-being. A significant driver of the cooking spray market's expansion is the rising demand for cooking convenience. Busy lifestyles and hectic schedules have led consumers to seek out products that can help streamline meal preparation without sacrificing quality. Cooking sprays offer a quick and easy solution for greasing pans or coating food, saving time and effort in the kitchen. This convenience factor has made cooking sprays popular among consumers looking for hassle-free cooking solutions.
Additionally, as more consumers become aware of the importance of a healthy diet, they seek products that can help them reduce fat and calorie intake without compromising taste. Cooking sprays provide a way to achieve this balance, allowing consumers to use less oil while achieving the desired results. Additionally, many cooking sprays are available in low-calorie and fat varieties, making them a popular choice for health-conscious consumers.
Mexican consumers have a rising awareness about health and wellness, contributing to the demand for cooking sprays. Many people are becoming more conscious of their dietary habits and are looking for ways to reduce fat and calorie intake. Cooking sprays, which allow for precise control over the amount of oil used, are considered a healthier alternative to traditional cooking oils. According to a survey conducted in 2023, about 45% of Mexican consumers reported that they prefer cooking sprays because of their health benefits, reflecting a significant shift towards healthier cooking practices. Therefore, the region will present lucrative growth prospects for the market.
Free Valuable Insights: The Cooking Spray Market is Predict to reach USD 13.6 Billion by 2031, at a CAGR of 5.2%
Based on End Use, the market is segmented into Commercial Use, and Home Use. Based on Distribution Channel, the market is segmented into B2B, and B2C. Based on Type, the market is segmented into Vegetable Oil Spray, Olive Oil Spray, Coconut Oil Spray, Baking Spray, Butter Flavored Spray, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By End Use
By Distribution Channel
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