Global Online Cooking Class Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Online Cooking Class Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

With the development of network society, people begin to get new food experiences through network channels, such as online cooking classes. Online cooking class refers to teaching various cooking methods and skills through the Internet, providing various recipes, interacting with famous chefs all over the world, and even teaching one-on-one.

Market Overview:

The latest research study on the global Online Cooking Class market finds that the global Online Cooking Class market reached a value of USD 304.31 million in 2022. It’s expected that the market will achieve USD 536.43 million by 2028, exhibiting a CAGR of 9.91% during the forecast period.

Significant economic downside risks

The outbreak of COVID-19 is affecting almost every region in the world. Each region has been affected by a significant growth and demotion. East Asia and the Pacific will grow by only 0.5%. South Asia will contract by 2.7%, Sub-Saharan Africa will contract by 2.8%, the Middle East and North Africa will contract by 4.2%, Europe and Central Asia will contract by 4.7%, and Latin America will contract by 7.2%. These downturns are expected to reverse years of progress towards achieving development goals and plunge thousands of people into extreme poverty. Emerging markets and developing economies will be hit by economic resistance from multiple quarters: a weak medical system, losses in trade and tourism, reduced remittances, insufficient capital flows, and increasing debt pressures that have led to tight financial conditions. Developed economies are expected to reduce by 7%. This crisis has exceeded the speed of the global economy, and a global recession has become inevitable.

Region Overview:

Geographically, North America held the largest market share -- 43.11% in 2021.

Company Overview:

Americas Test Kitchen Online Cooking School is one of the major players operating in the Online Cooking Class market, holding a share of 22.32% in 2021.

Americas Test Kitchen Online Cooking School

Known for its foolproof recipes, Americas Test Kitchen brings its expertise into your home, with step-by-step instructional videos ranging from basic cooking skills to more advanced lessons for someone who wants to take their cooking to the next level. Teaching focuses on how to cook and helps avoid common mistakes.

Yanka Industries, Inc. (MasterClass)

Yanka Industries, Inc., doing business as MasterClass, provides online education solutions. The Company offers online video education solutions that include class workbooks, interactive assignments, and community activities.

Segmentation Overview:

Among different product types, $100-$200 segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Personal, with a market share of 87.42% in 2021.

Key Companies in the global Online Cooking Class market covered in Chapter 3:

Paul Bradford Sugarcraft School
Top Chef University
CocuSocial
Udemy
Yes Chef
Rouxbe
Sur La Table (Online)
Delish
Traeger Shop Class
MasterClass
Goldbelly
Breville Group Ltd.
CozyMeal
Yanka Industries, Inc. (MasterClass)
Americas Test Kitchen Online Cooking School
The Chef & The Dish

In Chapter 4 and Chapter 14.2, on the basis of types, the Online Cooking Class market from 2018 to 2029 is primarily split into:

$200+/year
$100-$200
Under $100
Free

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Online Cooking Class market from 2018 to 2029 covers:

Enterprise
Personal

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)