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Global Recipe Apps Market Size By Product(Free Users and Paid Users), By Application(IOS, ANDROID, and Windows), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Recipe Apps Market Size By Product(Free Users and Paid Users), By Application(IOS, ANDROID, and Windows), By Geographic Scope And Forecast

Recipe Apps Market Size And Forecast

Recipe Apps Market size was valued at USD 502.41 Billion in 2024 and is projected to reach USD 1358.5 Billion by 2031, growing at a CAGR of 13.24% during the forecast period 2024-2031.

A major factor contributing to the growth of the market is Proposing the Interest in Cooking Among the Users. The tendency of Consumers towards Healthy Food and High Costs Related to the same is driving the Market. Furthermore, an increasing Awareness about the Recipe Apps among cooking lovers will drive the Recipe Apps Market in the forecasted period. The Global Recipe Apps Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Recipe Apps Market Definition

To make cooking all the more fun recipe apps have been designed for iOS and Android. These apps provide step-by-step instructions to help individuals prepare a hearty homemade meal. Or even offer assistance to make a weekly meal plan that goes with their diet. Today, there are recipes for diverse cuisines such as Mexican, Italian, Chinese, Indian, Japanese, French, and others. And they can be reviewed on these apps. These recipe apps are made available to the public in paid as well as free editions. It has made life more effortless and convenient. Currently, the healthy recipe apps offer step-by-step instruction guides for a monthly breakfast plan. It is created as per a person’s diet and even shares amazing recipe tips and tricks all at our fingertips by just scrolling the applications on devices. In simple words, a food recipe app transforms the Smartphone into a cookbook. It provides recipes from across the globe and hence serves as an excellent cookbook. There are hundreds and thousands of recipes available online, which gives individuals the advantage of trying out new recipes and improvising without purchasing expensive cookbooks.

By providing a visual medium for cooking, recipe apps have been working wonders and thus driving market growth. In addition to this, it has become easier to share recipes online that any individual or their family has loved. One can easily email or share it through Facebook or other social media platforms to their near and dear ones right away. These factors are also supporting the market’s growth. Moreover, market players are incorporating smart technologies in their offerings which deliver personalized recommendations of meals and recipes. Thus, creating an enriching and engaging experience for app users resulting in raised user retention rates. .  Furthermore, the growing awareness of a nutritious lifestyle has made people more conscious about their dietary intake and meal plans. This, in turn, is increasing the number of recipe app downloads for maintaining nutritional balance.

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Global Recipe Apps Market Overview

Due to the increase of pandemics worldwide, various market problems have been generated around the world. Such as financial crisis in various regions along with loss of employment. The Recipe Apps Market report comprises a competitive examination with a focus on key players and players of the Recipe Apps Industry coating in-depth data related to the active landscape, positioning, company profiles, key techniques adopted, and product-profiling with an emphasis on the market growth and potential. The tardiest Recipe Apps market report is designed to help industries ease withstanding and achieving in this vertical. It examines the growth drivers, restraints, opportunities, and key developments key to industry growth in the upcoming years. The forecasts, examinations, and analyses carried out in this report are all founded on market growth history and the current business landscape. Continuing further, the research works outlines the factors affecting the success of each industry segment.

Global Recipe Apps Market Report offers a detailed overview of this market and discusses the dominant factors affecting the development of the market. Recipe apps are designed for offering recipes to customers. It’s tough to come up with enthusiasm for an exciting new meal idea every day though, and that’s where a good recipe app comes into exercise. They won’t meal for you but with some apps contributing great step-by-step teachings, even the most unskilled should be able to get to clasps with these.

A major factor contributing to the growth of the market is Proposing the Interest in Cooking Among the Users. The tendency of Consumers towards Healthy Food and High Costs Related to the same is driving the Market. Furthermore, an increasing Awareness about the Recipe Apps among cooking lovers will drive the Recipe Apps Market in the forecasted period. However, the availability of Recipes on Free Websites May Hamper the Market and develop an interest in cooking.

Moreover, Technological Progressions in Mobile Apps is a key opportunity for the growth of the market. Global Recipe Apps Market Report offers a detailed overview of this market and discusses the dominant characteristics influencing the growth of the market. The impact of Porter’s five armies on the market over the next few years has been examined for a long time in this research will also forecast global market size and market outlook over the next periodic years.

Global Recipe Apps MarketSegmentation Analysis

The Global Recipe Apps Market is segmented based on Product, Application, and Geography.

Recipe Apps Market, By Product

• Free Users• Paid Users/Customers

To Get Summarized Market Report By Product-

Based on Product, the market is bifurcated into Free Users and Paid Users. Free Users accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. Free downloading of the recipe is the most preferred choice as it charge no cost to the user. Free users apps are prevalent in Android, iOS and Windows, as it is way more accessible and easier to obtain when compared to subscription or paid downloads. Free user contributes higher in the revenue of most companies as it provides higher visibility resulting into wider reach and more popularity of the app. As per App Annie’s recent list of the top-grossing iPhone apps in the U.S 9 out of 100 apps exist as purely paid apps. It designates 91 of the top 100 apps that are free to download. “Word of mouth” organic advertising has been and forever will be the best form of marketing. 98% of app revenue globally comes from free apps.

Recipe Apps Market, By Application

• IOS• ANDROID

On the basis of Application, the Global Recipe Apps Market has been segmented into IOS, ANDROID, and Windows. Android is popularly known as a mobile operating system developed by Google. Android is the most popular operating system in the world, with over 2.5 billion active users spanning over 190 countries. Several surveys shows that Android devices accounts for over 70% of the share in the total mobile phone sales. It is employed by several smartphones and tablets. Instances include the Sony Xperia, the Samsung Galaxy, and the Google Nexus One. The Android operating system (OS) is established on the Linux kernel. Unlike Apple’s iOS, Android is open-source, meaning developers can adjust and customize the OS for each phone.

Recipe Apps Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

To Get Summarized Market Report By Geography-

On the basis of regional analysis, the Global Recipe Apps Market is classified into North America, Europe, Asia Pacific Middle east and Africa, and Latin America. North America accounted for the largest market share, and is projected to grow during the forecast period. Increasing awareness about the recipe apps among cooking lovers will drive the recipe apps marketplace in the region.

Key Players

The “Global Recipe Apps Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BBC Good Food (United Kingdom), Tasty (United States), Big Oven (United States), Food Network in the Kitchen (United States), Yummly (US), All recipes Dinner Spinner (United States), Cookpad (Japan), Epicurious (United States) and SideChef (United States).

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• The latest version of the award-winning, best-selling All recipes Dinner Spinner app has been released by All recipes, the world’s largest food-focused social network.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

Unit

Value (USD Million)

KEY COMPANIES PROFILED

BBC Good Food (United Kingdom), Tasty (United States), Big Oven (United States), Food Network in the Kitchen (United States)

SEGMENTS COVERED
  • By Product
  • By Application
  • By Geography
CUSTOMIZATION SCOPE

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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