Global Air Fryers Market Demand, Scope, Global Opportunities, Challenges and key Players by 2032

The global valuation of the air fryers market is expected to reach US$ 1,861.4 Billion by 2031, rising at a CAGR of 7.3%. Adoption of air fryers is expected to increase significantly due to advances in features such as LED screens, smart sensors and touchpads to improve accessibility and time-saving features. The changing consumer trend towards technology-oriented products has increased the demand for energy efficient air fryers. Growing health awareness of consumers and the introduction of oil-free his diet to limit cholesterol levels in the body are fundamentally driving the introduction of air fryer products. Additionally, increasing spending on consumer electronics and access to extensive product-related research, including design improvements and innovative features, are key factors driving air fryer sales worldwide.

Commercial fryers are cookware designed to fry large amounts of food at once, making them an efficient and cost-effective choice for high-volume restaurants. These appliances are used in commercial kitchens. He is available in two modes of operation, automatic and semi-automatic, using infrared and convective heat inputs. This device has several advantages, including: B. Fast frying, easy to clean, low fuel consumption, can fry a large amount of different foods. Fried foods such as French fries, fried chicken, fish, fried ice cream, mozzarella sticks and fried spaghetti are commonly fried.

Industry Key Player:

Koninklijke Philips N.V., Stanley Black & Decker, Inc., Breville Group Limited, Groupe SEB, SharkNinja Operating LLC (CDH Private Equity), Cuisinart Corporation (Conair Corporation), Meyer Manufacturing Company Limited, GoWISE USA, NuWave, LLC, De' Longhi Appliances S.r.l., DOMU Brands Ltd, TAURUS GROUP, Bajaj Electricals Ltd., and Newell Brands, Inc.

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Air fryers are electric cooking appliances that use little or no oil during the cooking process, making them a healthier alternative to deep frying. However, because to their cooking pattern, air fryers are very similar to microwave ovens. Furthermore, because of their small size and portability, air fryers are ideal for use in the kitchen.
With the increase in edible oil use in the HoReCa business, the need for healthy appliances has increased at a rapid pace to offset the oil demand, which will also function as a driving factor for the air fryer market. Healthy and gourmet cuisine is also becoming more popular in the hospitality industry. Luxury hotels prefer smart appliances that can help them save money on raw materials.

Industry Key Trend:

Health Consciousness Trends Propelling Sales

Growing awareness of health and the side effects of overeating unhealthy foods are driving consumers to switch to healthy, low-fat alternatives. This is also affecting purchasing behaviour, especially for kitchen appliances. Changing consumer tastes, with less junk food consumption and greater popularity of fat- or oil-based foods, have led kitchenware manufacturers to launch innovative health-conscious products. A modern air fryer uses only about 1 tablespoon of oil while circulating air at high temperatures to cook food.

Urbanization Influencing the Adoption of Air Fryers

Rural and urban consumers have significantly different perceptions of kitchen appliances. Kitchenware is seen as a product that expresses the individuality of urbanites, while rural people generally view kitchenware as a convenient shopping experience. Urban people prefer to buy sophisticated aesthetics and high cost products. Rising disposable income and household income make urban populations more likely to purchase hot air fryers. A larger working-class population will support sales of cookware products, driving demand for low-oil cookware.

Market Segmentation:

The global air fryers market can be segmented based on various factors, including type, end-use application, distribution channel, and geography.

By Type:

a. Digital Air Fryers
b. Manual Air Fryers

By End-use Application:

a. Residential
b. Commercial

By Distribution Channel:

a. Online
b. Offline

By Geography:

a. North America
b. Europe
c. Asia Pacific
d. Latin America
e. Middle East and Africa

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Regional Analysis:

The Asia Pacific area is expected to grow rapidly in the air fryer market. The Asia Pacific market is a major consumer of technology and is likely to develop significantly in the future. The rise in disposable income, the increasing number of people relocating to cities, and the growing impact of healthy diets among young consumers are just a few of the causes driving the expanding demand for air fryers. China, India, and Japan are among the top consumers of kitchen appliance products.The APAC market is ready to embrace new technological trends and breakthroughs that are supported by government policies and programmes. Asian countries such as South Korea, Japan, China, and others have the highest rate of technological adoption in the world.

• North America (US, Canada, Mexico)

• Europe (UK, Spain, Italy, Germany, Russia, France)

• Asia-pacific (India, China, South Korea, Japan, Australia)

• Latin America (Colombia, Argentina, Brazil)

• Middle East and Africa (UAE, Saudi Arabia, South Africa)

Wattage:

• Below 1200 Watt

• 1200-1500 Watt

• 1500-1800 Watt

• 1800-2000 Watt

• 2200 Above

The normal wattage accordingly works out to around 1425 watts. The higher the wattage, the higher temperatures the air fryer is able to generate. The measure of power that an air fryer consumes is moderately low. This is in contrast with the deep fryer, microwave, and traditional oven.

FAQs:

-What is the growth rate projection Global Air Fryers Market over the forecast period 2022-2030?

The global valuation of the air fryers market is expected to reach US$ 1,861.4 Billion by 2031, rising at a CAGR of 7.3%.

-Which regional segment accounts for the largest revenue in the Global Air Fryers Market?

The U.S. is expected to dominate the air fryer market in near future. Increasing adoption of smart kitchen devices and modular aesthetics among consumers are supporting sales. Manufacturers are also pushing for investments into R&D and improved market access

-What are the key trends of Global Air Fryers Market?

Health Consciousness Trends Propelling Sales and Urbanization Influencing the Adoption of Air Fryersare the two major driving forces in the market.

-How many segments have been Global Air Fryers Market?

Global Air Fryers Market is divided into 6 different segments mainly- sales channel, price range, wattage, device type, end-user and Region

-What are the prime strategies of the leading market players in Global Air Fryers Market?

The top market players are engaging in mergers and acquisitions, products launches, and partnership deals to enhance their market position.

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