Global Online Cooking Class - Market Overview:
An online cooking class is a digital event in which you can learn different cooking skills or regional cooking traditions from a professional chef in the comfort of your own kitchen. Every day, a new topic is taught, beginning with knife skills and progressing to how to plan, cook, and host a dinner party. The entire lesson plan is provided on their website, complete with detailed descriptions and video recordings of each class, as well as suggestions for kitchen gear, equipment, and associated recipes. Another perk is the ability to mingle with other classmates via Kitchn's Instagram and Twitter profiles, making it feel like a virtual version of a recreational cooking class.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing new ventures activity and Increase in the hospitality industry
Market Growth Drivers:
Pre-recorded cooking classes can be delivered for further use, Growing disposable income and Flexibility and reduced cost structure
Challenges:
Occurrence of several fraudulent activities
Restraints:
Not understandable as compared to offline cooking
Opportunities:
Growing online activities and Emergence of phone and online technology
Competitive Landscape:
The market for the Online Cooking Class is concentrated with the presence of few players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to the increasing demand of western food in hotels and restaurants, there are growing prospects for new players to enter the market.
Some of the key players profiled in the report are Rachael Ray's Yum-o! Cooking Camp (United States), Udemy (United States), Rouxbe (Canada), Yanka Industries, Inc. (United States), Delish (United States), The Chef & The Dish (Canada) and America's Test Kitchen Online Cooking School (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Online Cooking Class - market by 2028. Considering Market by Training, the sub-segment i.e. Individual Training will boost the Online Cooking Class - market. Considering Market by Cuisine, the sub-segment i.e. Indian will boost the Online Cooking Class - market. Considering Market by Level, the sub-segment i.e. Beginner will boost the Online Cooking Class - market.
What Can be Explored with the Online Cooking Class - Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Online Cooking Class - Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Online Cooking Class -
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Cooking Class - market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Cooking Class - market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Online Cooking Class Software Developers, Service Providers, Consulting Firms, Government Bodies, End-Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.