ONLINE COOKING CLASS MARKET OVERVIEW
The global Online Cooking Class Market size was USD 334.46 million by 2023 and is projected to touch USD 712.23 million by 2032, exhibiting a CAGR of 9.91% during the forecast period.
Many people are keen to learn new and innovative ways to cook due to this there is an increasing demand for online cooking classes market. Nowadays anyone can learn from anywhere due to online teaching classes. Even though some people might like to be present at the venue while learning. While most of them due to their busy schedule would like to learn online through this, they can save time and learn a new skill. For instance, online classes for culinary learning. Learning online is not as expensive as learning from physical classes. This market is flexible, convenient, and the best way to have an interactive learning experience. Even if someone is not sure if they want to take cooking classes online cooking classes are the best way to explore. With advanced technology online learning platforms provide a better experience. Pre-recorded videos, live learning videos, and FAQ sessions.
Online cooking class market growth is fuelled by various factors, including the rising popularity of cooking as a hobby, and the demand for healthy home-cooked meals. The adoption of digital platforms all led to several growth factors in the online cooking class market. This market mainly caters to individual who wants to learn professional cooking skills or someone who is trying to build their business in the culinary space. Due to digital expansion, there is huge potential for this market to grow with the influence of social media many people can have their own business to start with by leveraging social media. But to learn the skill at an affordable price this market can help to with their affordability convenience and flexibility.
GLOBAL CRISES IMPACTING ONLINE COOKING CLASS MARKET COVID-19 IMPACT
Due to the pandemic increased time at home has boosted the demand
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
Lockdowns and social distancing have made people not step out of their houses leading to a lot of free time and people started to invest in learning new skills. And many many people were interested in learning cooking skills but due to government restrictions. There was a surge in demand for online cooking classes many people followed this path as a hobby, passion, or profession. many people just to improve their cooking skills or to be better cooks for self-learning have started taking online cooking classes since its affordable and you can do it from your home which has interested many customers to opt for these cooking classes. Many companies as also adopted online cooking classes as a team-building opportunity so that employers can engage with each other online while working remotely. This shift has grown the market and many people looked for online cooking classes which also led to increased subscriptions of these classes.
LATEST TREND
"The rising popularity of learning unique cuisines for unique experiences"
Customers' interest keeps changing from time to time they would like to have a personalized experience of learning newer cuisines such as vegan cooking, baking, and Italian cuisine. Due to global connectivity, many people are interested in having fusion cooking of different cultures so learning through online cooking classes is extremely easy with a variety of learning options of which cuisines to learn. Many online cooking platforms are raising their horizon to increase different kinds of cuisine cooking lessons so that they can attract more customers to buy their courses. Many cooking platforms are offering diverse cooking courses such as gluten-free cooking, plant-based cooking, healthier alternatives to meat, and baking so that they can attract a wider audience.
ONLINE COOKING CLASS MARKET SEGMENTATION
BY TYPE
Based on Type, the global market can be categorized into $200+/year, $100-$200, Under $100, and Free
- $200+/year: Premium and luxury cooking classes fall into this category, offering exclusive content with celebrity chefs, and highly interactive sessions more than recorded lectures, these types of courses are often targeted for professional learning to create a career in the cooking industry and to those people who are willing to learn and have a high- quality experiences.
- $100-$200: This category of cooking classes provides a decent amount of investment for online cooking classes. With the availability of diverse courses, this type of course is popular among homemakers and someone who want to tap into the culinary experience.
- Under $100: This type of category is budget-friendly customers who cannot afford expensive courses, or someone who wants to see if they are interested in this field including beginners and casual learners can opt for these courses.
- Free: Free classes, often introduction or promotional classes for online cooking to understand what type of courses they give, this type of courses are often given to generate leads since social media is one the best platforms to offer free or demo courses.
BY APPLICATION
Based on application, the global market can be categorized into Enterprise, and Personal
- Enterprise: Online cooking classes are often incorporated in companies to have team bonding and mental health wellness programs. Including these kinds of activities will bring the team closer to creating a better working environment.
- Personal: The personal will to learn culinary skills is what drives the online cooking class market growth many people want to enhance their cooking skills through online learning it has made it easier to learn how to cook or to learn a new way of cooking such as healthy cooking habits, gluten-free cooking, etc. this segment benefits the customers who want to learn cooking in general or someone who lives away from their home for work purpose.
MARKET DYNAMICS
Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.
DRIVING FACTORS
"Increasing interest in home cooking"
People's interest in home cooking has become one of the driving factors of online cooking market growth. With more people interested in healthy cooking and healthy eating post-pandemic to have a strong immune system there is a growing desire for fresh homecooked meals, many people are actively finding ways to improve cooking skills by being at home. Cooking is no longer known as a house chore now people know cooking is an art and an essential skill that everybody should learn this shift in the perspective of consumers has led the market to grow further. Nowadays people turn to online cooking classes to enhance their cooking skills and the ability to explore and learn new cuisines has become the driving factor of online cooking class market share.
"Increased availability of the internet and the influence of social media"
The availability of the internet and social media have widened the horizon for online learning platforms contributing a significant growth for even the online cooking class market. High-speed internet and other smart devices have made it possible for people to connect globally. People now can connect with famous chefs through their online classes live or recorded depending on the people's price points. This new change after digitalization has increased the opportunity for the new young generation to take culinary as a professional skill. Furthermore, urban and rural area people can also take their classes from anywhere due to the facility of online teaching. The convenience and flexibility of on-demand learning saving lectures to go through it again this kind of factor would be extremely popular among working and homemakers.
RESTRAINING FACTOR
"Limited Hands-On Experience practice"
The online market for cooking classes has significant advantages, but the biggest of these is the lack of real-time, hands-on experience. Even though it gives detailed guidance in virtual classes, the absence of such physical interaction between instructors and learners can limit the full experience of learning. It is particularly difficult to correct mistakes right away or gain direct feedback on techniques in a virtual setup. Although technological advancements such as live sessions, video recordings, and interactive Q&A aim to address this limitation, some learners still prefer the tangible, immersive experience offered by in-person classes. This restraint affects the market's ability to capture certain audience segments, particularly those who value physical engagement in the learning process.
OPPORTUNITY
"Emergence of AI and AR in Culinary Education"
The integration of cutting-edge technologies such as Artificial Intelligence (AI) and Augmented Reality (AR) presents a significant growth opportunity for the online cooking class market. AI can deliver personalized feedback, analyze cooking techniques, and offer suggestions to improve skills, simulating the presence of a physical instructor. Meanwhile, AR creates immersive experiences by simulating real kitchen environments, enabling learners to practice virtually with realistic setups. These advancements not only increase engagement but also help with some of the drawbacks related to online learning, which include the lack of practical experience. As these technologies become more mainstream, there is expected to be a big growth, and online cooking class market share will likely increase as tech-savvy learners will look to get interactive and personalized experiences.
CHALLENGE
"High Competition through Free Content"
Online cooking classes face one of the biggest challenges with free cooking lessons on YouTube. People use this free material to learn how to do something simple or how to make something specific because this makes paid courses less worthwhile. In this scenario, competition requires that online cooking platforms give people quality, unique, and special content that gives value to the price one has to pay. Paid platforms are using famous chefs, developing certifications, and using high technology such as AI, and AR to stand out as well as keep upholding the users. However, due to this competitive market, it is still a big challenge for ongoing growth when keeping the users interested as well as loyal.