Press release
Air Fryer Market Key Players, Growth, Analysis, 2017 – 2025
Global Air Fryer Market: SnapshotUrbanization has spread radically across the world in the recent past, particularly in the BRICS nations. One of the common demerits of urbanization is restless lifestyle, which is leading to ill-eating habits of larger masses than ever before. Cases of diabetes and cardiovascular diseases are on the rise but at the same time, ubiquity of smartphones and outreach of social media has helped raise the awareness regarding the controlled usage of oil in daily meals. Consequently, the advent of air fryer, which is basically a device that uses hot instead of oil to fry food ingredients, has been a boon and in the near future, the demand for the same is expected to multiply at a prominent CAGR during the forecast period of 2017 to 2025.
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This report by Transparency Market Research aims to act as a decision-making business tool for its targeted audiences such as consumer goods manufacturers, investment banks, food and beverage industry players, and government agencies. Every major market dynamic that will define the demand in the global air fryer market has been thoroughly analyzed and their eventual impact has been forecasted. The analysts of the report has understood the value of breaking down the lucrativeness of the market into smaller segments as well as thrown details on how the current competitive landscape is. The air fryer market is fairly new but the sheer health benefits it can bring is sure to attract many more manufacturers in the near future, which will further intensify the competition. The report also dives into evaluating the demand potential that every important region and country is exhibiting. This chapter is expected to provide quantitative and qualitative information to the audiences of various verticals and regions.
Air Fryer is a cooking appliance which was first introduced in the market by Philips. The Air Fryer uses rapid air technology to cook the food by blowing hot air on the food. The hot air circulated around the food is around 200 Celsius, which helps to cook the food without or with a very little amount of oil. The air fryer has brought a revolution in the way of cooking food. Many health conscious consumers are preferring such products as the food prepared in air fryer is very healthy. Most of the air fryer now a day comes with a knob which helps to control the temperature and allows more precise cooking.
Market Segmentation:
Air gryer market has been segmented on the basis of application, distribution channel and region. On the basis of application, the air fryer market is segmented into HoReCa and Household. Among both the segments, HoReCa is expected to account the maximum value share. On the basis of distribution channel, the air fryer market is segmented into hypermarket/supermarket, specialized stores, convenience stores, online stores and others. Online stores are partnering with big brands and are offering the lips care products with attractive pricing in order to cater to increasing demand of air fryer. Competition is also expected to intensify in the market in the forecast period mainly due to the presence of other players offering air fryer products at reasonable prices.
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