Press release
Air Fryer Market to Reach USD 13.86 Bn by 2029, emerging at a CAGR of 7.0 percent and forecast 2023-2029
Air Fryer Market
The market growth in the Air Fryer segment is driven by innovation, with an array of new products boasting improved designs. Additionally, the surging health-consciousness among consumers and their awareness of a healthy diet have stoked the demand for air fryers, fueling the market's ascent. Beyond the household sector, the hospitality industry including restaurants, hotels, and hospitals has made significant contributions to market expansion. The surge in demand for energy-efficient products is expected to bolster further growth. The introduction of advanced models featuring innovations like touchscreen panels, quick preheating, and temperature control knobs is set to drive the demand for digital air fryers.
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Air Fryer Market Research Methodology:
Our research methodology is meticulous, encompassing a blend of top-down and bottom-up techniques, ensuring precision and reliability in our findings. We rely on trusted sources and insights from industry experts to deliver comprehensive research results.
What are Air Fryer Market Dynamics:
The emergence of innovative products with improved designs is fueling the growth of the Air Fryer market. Furthermore, rising health consciousness and understanding about the need of eating a healthy diet are predicted to drive product demand, leading in market expansion. Restaurants, hotels, and hospitals are all believed to have helped boost the market. Furthermore, market expansion is likely to be aided by rising demand for energy-efficient products. Demand for digital air fryers is likely to increase with the introduction of advanced models that include features such as a touch screen panel, rapid preheating, and a temperature control knob.
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What is Air Fryer Market Segmentation:
by Product
Digital Air Fryers
Manual Air Fryers
by End User
Residential
Commercial
by Distribution Channel
Online
Offline
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Who are Air Fryer Market Key Players:
1. Koninklijke Philips N.V.
2. Tatung Company of America, Inc.
3. De'Longhi America Inc.
4. Ming's Mark Inc.
5. Groupe SEB
6. Avalon Bay
7. Bajaj Electricals Limited
8. American Micronic Instruments
9. Mayer
10. Gorenje
11. Philips
12. Avalon Bay
13. GoWISE USA
14. Tefal
15. Bigboss
16. Vonshef
17. Cozyna
18. Living Basix
19. Homeleader
20. Rosewill
21. Glip
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Table of content for the Air Fryer Market includes:
Air Fryer Market: Research Methodology
Air Fryer Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Air Fryer Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Air Fryer Market Regional Insights:
In the forecast period spanning 2023-2029, Europe takes the lead as it dominates the global market. It is poised to command the largest market share, projected to reach xx% by 2029. Germany emerges as the regional juggernaut within Europe. The growing awareness of consumer health, escalating online penetration, and the availability of convenient financing options, coupled with discounts and offers from e-commerce giants, are collectively propelling sales within the country. Furthermore, the presence of eminent manufacturers such as Philips, Ninja, and Prestige is set to boost demand for air fryers in Germany. These factors are key drivers behind Europe's dominance in the global market during the forecast period.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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