Air Fryer Market Growth And Key Industry Players 2021 Analysis

Precision Business Insights published a research report on “Air Fryer Market By Product (Manual and Digital), By End User (Residential and Commercial), By Sales Channel (Hypermarkets & Supermarkets, Specialty Store, and Online) And Geography – Global/Region/Country Forecast to 2027”.

An air fryer is a frying device that may be used both at home and in the restaurant. The frozen food is fried in air fryers using a convection technique. It provides a healthier alternative to snacking. Air fryers evenly heat the food from all sides, ensuring that it is cooked to perfection. A fan and a heating mechanism are located on the top of an air fryer. When the food is covered with the air fryer cover, the fan blows hot air into the air fryer's underside, which circulates the food. The technique is repeated until the food is crispy and heat-safe. An air fryer's main advantage is that it allows for total deep frying without the need for oil. Air fryers can be thought of as the modernized form of electric fryers.

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Due to innovations in features like as LED screens, sophisticated sensors, and touchpads for increased accessibility and time-saving functionality, air fryer use is predicted to skyrocket. The need for energy-efficient air fryer appliances is being driven by changing consumer preferences toward technology-driven items. The growth of air fryer goods is primarily driven by rising consumer health consciousness and the acceptance of oil-free diets to lower body cholesterol levels. Leading brands' significant marketing and promotional activities are growing customer attention, resulting in increased demand from residential demographics. Consumer comfort and convenience have improved sales via e-commerce platforms, which also allow customers to get thorough information about kitchen equipment like air fryers, as well as cost and function evaluations, before making a purchase. Such characteristics also lead to a promising future for the sector.

The air fryer market is fragmented in terms of application, product type, distribution channel and type. In terms of product type, the air fryer market is classified into manual and digital. In terms of application, the air fryer market is categorized into commercial and residential. In terms of distribution channel, the air fryer market is divided into online and offline. On the basis of type, the air fryer market is segregated into lid type air fryer and drawer type air fryer.
In terms of market size and revenue, North America leads the air fryer market. Over the forecast term, the region will maintain its supremacy. This is due to an increase in the use of air fryers for both home and commercial uses, as well as increased health consciousness or recognition of the value of promoting good health. In addition, as the need for frozen food grows, so does the demand for air fryers in this region. Asia-Pacific, on the other hand, is expected to grow at a rapid pace during the projected timeline, with the greatest compound annual growth rate.

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Some of the major players working in air fryer market, which include Koninklijke Philips N.V., TTK Prestige Ltd., Cuisinart, SharkNinja Operating LLC, DASH (StoreBound LLC), Breville, Inc., KRUPS, Havells India Ltd.

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