Air Fryer Market Trends, Value USD 1.1 Bn in 2022 and Expected To Reach USD 2.0 Bn By 2031

Global Air Fryer Market reached USD 1.1 billion in 2022 and is expected to reach USD 2.0 billion by 2031, growing with a CAGR of 8.8% during the forecast period 2024-2031.

Air Fryer Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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An air fryer is a compact countertop kitchen appliance that cooks food using hot air circulation, mimicking the results of deep-frying but with little to no oil. It's popular for preparing crispy, healthier versions of fried foods efficiently and conveniently.

List of the Key Players in the Air Fryer Market:

Koninklijke Philips N.V., Avalon Bay, GoWISE USA, De'Longhi America Inc, Tatung Company of America, Inc., Groupe SEB's (Krups), Bajaj Electricals Limited, Pigeon Corporation and American Micronic Instruments.

Industry Development:

On March 5, 2023, at the Chicago Inspired Home Show, Gourmia unveiled its innovative Fry'N Fold Air Fryer (model GAF789), which highlights healthy cooking and smart storage. This air fryer delivers oil-free crispness and conveniently folds down to a compact, space-saving design.

On February 1, 2023, Vesync Co.'s COSORI brand launched the COSORI 13-Quart Air Fryer Oven, offering expanded capacity, dual heating, and multi-functionality-all at one of the most competitive price points for its size in the market.

Research Process:

Both primary and secondary data sources have been used in the global Air Fryer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Air Fryer Market:

By Product Type: Digital, Manual

By Distribution Channel: Online, Offline

By Application: Residential, Commercial

Regional Analysis for Air Fryer Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Air Fryer market?

➠ Who are the leading manufacturers in the global Air Fryer industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Air Fryer industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Air Fryer market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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