Summary

Induction cooking has been gaining popularity in Canadian kitchens over the last few years, and with good reason. Induction cooktops can adjust temperatures in seconds and offer temperatures gentle and steady enough to melt chocolate but powerful enough to boil a large pot of water in minutes. Although induction cooking technology is already popular in places like Europe and Japan, its adoption has been slower in Canada. However, growing consumer awareness and the increased availability of affordable induction appliances is introducing more of us to the benefits of this cooking technology. Although they resemble electric smooth-top burners, induction cooktops don't have burners underneath the surface. Induction cooking uses electromagnetic energy to heat pots and pans directly. In comparison, gas and electric cooktops heat indirectly, using a burner or heating element, and passing radiant energy onto your food.

According to the research report "Canada Induction cooktop Market Overview, 2028," published by Bonafide Research, the market will grow by USD 270.95 Million in the upcoming period, 2023–2028. Built-In is dominating the market due to its features like Space Saving, Energy Efficient, Easy to Clean, Safety, Speed, Sleek Design, and Durability which are attracting consumers to buy Built-In Induction Cooktop. Induction is able to deliver roughly 80% to 90% of its electromagnetic energy to the food in the pan, compared to gas, which converts a mere 38% of its energy. That means induction cooktops not only heat up much faster, but their temperature controls are also far more precise. Induction cooktops can achieve a wide range of temperatures, and they take far less time to boil than their electric or gas counterparts. In addition, the cooktop surface stays cool, so you don't have to worry about burning your hand. It's even possible to put a paper towel between a spattering frying pan and an induction burner, though you’d want to keep an eye on that. On almost all counts, induction is faster, safer, cleaner, and more efficient than either gas or electric.

Among all the gas ranges tested, the average time-to-boil is 8 minutes, 34 seconds, while radiant electric cooktops average 5 minutes, 47 seconds. But induction is the clear speed king, averaging a blistering 3 minutes, 7 seconds. And the newest induction cooktops can boil even faster. In the course of testing, also compile data on the temperature ranges of gas, electric, and induction burners. On average, induction cooktops reach a maximum temperature of 665.5°F (351°C), compared to just 428°F (220°C) for gas. While radiant electric cooktops can get hotter—741.8°F (394°C) on average; they take a lot longer to cool down when switching from high to low heat. Induction ranges have no problem cooking low and slow, either. Turn an induction "burner" down, and; on average, it goes low as 100.75°F (38°C). Compare that to gas cooktops, which can only get down to 126.56°F (53°C).

In Canada, Serious cooks generally preferred gas stoves because they heat up quickly and give you more precise temperature control. But not long ago, a third option known as induction ranges came into the market. Though there are definite pluses for each type, most cooks choose their range based on the way they like to cook. People of Canada think that gas stove are better than electric, Chefs tend to prefer gas because of the ease of temperature control. Electric stoves tend to heat up faster and have a narrow edge over gas when it comes to baking. Electric stoves also tend to be better at broiling and maintaining a consistent low simmer.
Many Canadians use gas stoves for cooking but a federal agency in the United States is raising concerns about how safe they are, calling them a "hidden hazard." Health Canada told CTV News in a statement: “Health Canada has in place robust legislative frameworks to protect the public from unsafe consumer products. The Canada Consumer Product Safety Act prohibits the manufacture, importation, advertisement or sale of any consumer product that is a “danger to human health or safety”. Manufacturers have the responsibility to ensure that their products are safe and comply with all mandatory requirements of the Act.” “Health Canada has conducted studies to assess the level of pollutants derived from the use of gas cooktop stoves. This information was used to develop Health Canada’s Residential Indoor Air Quality Guidelines, which provide the public with information on safe levels of indoor air pollutants in residential settings.” Due to the government regulation Canadian people started using induction cooktop and the growth of induction cooktop will increase in future.

Considered in this report
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Canada Induction Cooktop market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Built-In
• Freestanding

By Application:
• Residential
• Commercial

By Distribution Channel:
• Specialty Store
• Hypermarkets & Supermarkets
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Induction Cooktop industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.