Cast Iron Cookware Market Size, Share, Trends, Growth and Forecast 2032

Cast Iron Cookware Market Insights

According to Zion Market Research, the global Cast Iron Cookware Market was worth USD 2.85 Billion in 2023. The market is forecast to reach USD 6.00 Billion by 2032, growing at a compound annual growth rate (CAGR) of 8.63% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Cast Iron Cookware industry over the next decade.

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Introduction

Iron deficiency in children as well as iron deficiency anemia is a key challenge for various countries across the globe with most prominent among them being the low- and middle-income economies.  As per NCBI, nearly 1 billion individuals globally are affected due to iron deficiency anemia and 2 billion individuals suffer from iron deficiency without anemia. A large percentage of the population primarily comprise of children & pregnant women as these conditions are majorly observed in children and women attaining the childbearing age or are pregnant. Reportedly, in absence of food fortification, iron deficiency is projected to affect approximately forty percent of preschool children, thirty percent of women attaining reproductive maturity, and thirty eight percent of pregnant women worldwide.

Moreover, iron deficiency anemia results in low academic achievement, reduced cognition, rise in rate of mortality & illness in children, reduction in working ability in adults, and poor pregnancy results. Hence, cast iron cookware is utilized for purpose of cooking in order to reduce iron deficiency anemia in both children & women attaining child-bearing age.

Apparently, cast iron cookware is durable and comprises of iron that can trickle into the food, thereby helping those persons, who have iron deficiency or anemia, to absorb iron.

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Market Growth Drivers

In May 2021, NCBI conducted a study to determine the impact of iron-based cookware in children aged between 4 months to 11 years and females whose age ranged from 12 years to 51 years (those attaining reproductive maturity). Apparently, the quasi-experimental & observational research conducted on the children and females totaling 11 revealed that iron-based cookware can help in reducing iron deficiency anemia in children. The study proves as well as highlights the significance of the use of iron-coated cookware in cooking of the food and this will drive the market growth trends.

Additionally, in another such experiment conducted in 2021 by researchers at NCBI, iron rich snacks cooked in iron-based pots were provided to twenty-seven pre-school children for four months for examining their hemoglobin status. After that, anthropometry & snack intake data was collated for evaluating the percentage of hemoglobin, transferrin saturation, and iron serum in children.

After assessing the results, it was found that there was a 16.2% surge in the proportion of iron content in snacks cooked in iron-based pots as compared to iron snacks cooked in Teflon-coated non-stick cookware. Moreover, a notable 7.9% rise in hemoglobin of children was observed due to consumption of iron snacks prepared in iron-based cookware.

Cast Iron Cookware Market: Report Scope

In addition to this, the study unleased that the diet rich in iron when prepared in iron-based cookware imparts favorable effect on the hemoglobin status of the children. Researchers concluded and deduced that the food cooked in iron cookware has the ability to reduce iron deficiency anemia not only in children, but also in pregnant women. This study and various such studies conducted across the globe favoring the use of iron-based cookware for cooking purpose will positively influence the growth of the cast iron cookware market over the years to come.

Furthermore, favorable features such as cost-efficiency, durability, and nonstick qualities of cast iron cookware along with the ability of the product to impart unique taste to food will provide impetus to the business growth in a long run.  Also, cast iron cookware is easy to clean & has a long-lifespan and this has resulted in massive usage & popularity of the product in the hotels & restaurants across the globe. This, in turn, is predicted to drive the business landscape over the coming decade.

Asia Pacific To Dominate the Global Market Surge By 2032

The regional market growth over the forecast timeline is owing to rising consciousness pertaining to health risks related to the use of aluminum non-stick cookware as well as electric cookware.

Key players profiled in the report include Camp Chef, Williams Sonoma, Meyer Corporation, Country Door, Tablecraft, Lava Cookware USA, Le Creuset, Victoria, Camp Chef, Inc., Super, Staub, Lodge, American Metalcraft, Vermicular, Calphalon, Cuisinart, and Tramontina.

The global cast iron cookware market is segmented as follows:

By product type

• Unseasoned
• Enamel Coated
• Seasoned

By style

• Dutch Ovens
• Camp Pots
• Bake Ware
• Skillets/Fryers
• Griddles
• Woks

By end-use/ application

• Household
• Food Services

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa