Commercial Air Fryer Market Primed for Massive Growth with New Technological Developments Forecasted Until 2033

Increase US$1,409.2 million by 2033 from 2023.The market for commercial air fryers is anticipated to expand at a CAGR of 5.2% over the course of the forecast period as a result of the increased popularity of fast meals and snacks created utilizing healthy cooking techniques.

Air fryers are connected with healthy food concepts. They make it simple and help with the preparation of a number of foods, including French fries, potato chips, chicken wings, and seafood scramble.In response to the rising demand for nutritious meals-even while dining out-many restaurant chains are introducing technology that promotes healthier techniques of meal preparation.

As a result, there has been a recent increase in demand for air fryers, which enable "fried" food to be cooked using little or no oil without sacrificing crispness, flavor, or health. In addition, the availability of commercial air fryers in different sizes, capacities and designs, suitable for use as countertop appliances or as stand-alone appliance, increases the demand from fast food outlets, restaurants, bars, school cafeterias, and food trucks.

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Some of the key factors that help with sales include:

The demand for commercial air fryers is on the rise, fueled by the growing health concerns related to the rising fat intake and cholesterol level among the population, which leads to the consumption of healthy food.
The increasing heart conditions, such as heart attacks, strokes, colon cancer, obesity, and diabetes as a result of frequent consumption of fried foods, is driving the demand for air-fried food products.
Moreover, the continuous expansion of the travel and tourism industry across the world has created an increased demand for commercial air fryers across hotels and restaurant chains.
The market is also affected by the changing lifestyle and evolving consumer preferences, which supports the demand for food products prepared in a healthy way.
Technological developments in the market to enhance efficiency and integrate new features into the final product to attract a larger consumer base, are expected to help the market thrive over the coming years.
Increasing the convenience of purchasing the product from several sales channels, ranging from direct selling to online retailers, is expected to drive forward the growth of the market.
Moreover, effective after-sales service provided by key companies to enhance customer satisfaction is also expected to drive sales of commercial air fryers in the forecast period.
In addition, food is cooked faster in an air fryer than in an oven, thus saving electricity and reducing carbon emissions, making it an environmentally friendly food appliance.
The use of commercial air fryers ensures that the fried foods are delicious without a lot of oil, which keeps the taste and crunchiness.

Competitive scene:

The market is dominated by the presence of several well-known competitors, such as Koninklijke Philips NV and Stanley Black & Decker, Inc. and Breville Group Limited, as well as many small and medium-sized competitors. Moreover, the Commercial Air Fryer industry is also highly competitive since the top Commercial Air Fryer manufacturers have a large customer base. The players are well-established, with strong and extensive distribution networks, and can meet the requirements of the food chain industry.

New developments:

In August 2022, Xiaomi, the tech giant, announced the launch of the Smart Air Fryer in India. The smart kitchen appliance is equipped with a wide temperature range that accommodates multi-function cooking, over 50 smart new recipes, and voice command controlled by the Google Assistant. The product is available at Mi Homes, Mi.com, Amazon and retail stores.
In October 2020, QNC, Inc. (QNC), a Texas-based company that makes commercial cookers, introduced the GF5 RAF, its latest model, which has increased cooking capacity, enables faster cooking and crispier products, and includes a hot catalyst system. With this launch, the company gained an expanded customer base of hospitals, military bases, school feeding programs, sports stadiums, and other high-volume accounts.

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Key segments covered in the Commercial Air Fryer market report

By device type:

booklet
Digital

By wattage:

Less than 1200 watts
1200-1500 watts
1500-1800 watts
1800-2200 watts
2200 watts or more

By price range:

Less than 25 USD
$25 - $100
100 USD - 200 USD
200 USD - 300 USD
$300 or more

By sales channel:

Direct sales
Supermarket / hypermarket
Shops
Specialized stores
online retailers
Another sales channel

By region:

north america
latin america
Western Europe
Eastern Europe
Asia and the Pacific excluding Japan (APEJ)
Japan
Middle East and Africa (MEA)

Nandini Singh Sawlani
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.