What is Global Deep Fryer Market?
The Global Deep Fryer Market is a vast and dynamic sector that has been gaining significant attention in recent years. This market revolves around the production, distribution, and sale of deep fryers, which are kitchen appliances used for deep frying, a method of cooking that involves submerging food in hot oil or fat. The global market for these appliances is vast, encompassing various regions and countries across the globe. In 2022, the market's value stood at a whopping US$ 566 million, indicating the high demand for these appliances worldwide. The market is projected to grow even further, reaching an estimated value of US$ 688.3 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 2.8% from 2023 to 2029.
Less than 2L, 2L-5L, 5L-8L, 8L-14L, Over 14L in the Global Deep Fryer Market:
The Global Deep Fryer Market is segmented based on the capacity of the fryers, which ranges from less than 2L to over 14L. The 'Less than 2L' segment is the largest, holding over 35% of the market share. These compact fryers are popular among small households and individuals living alone. The '2L-5L' segment is ideal for medium-sized families or small food establishments, offering the perfect balance between capacity and space. The '5L-8L' and '8L-14L' segments cater to larger households and commercial establishments like restaurants and catering services. The 'Over 14L' segment, on the other hand, is tailored for large-scale commercial use in places like hotels and large restaurants. Each of these segments has its unique set of customers, contributing to the diversity and dynamism of the Global Deep Fryer Market.
Commercial Deep Fryers, Home Deep Fryers in the Global Deep Fryer Market:
Deep fryers are used extensively in both commercial and residential settings. Commercial deep fryers are a staple in many food establishments, including fast food chains, restaurants, and catering services. They are designed to handle large volumes of food, making them ideal for businesses that serve fried foods on a large scale. On the other hand, home deep fryers are smaller and more compact, designed for personal or family use. They are perfect for preparing fried foods at home, allowing individuals and families to enjoy their favorite fried dishes whenever they want. Despite their differences in size and capacity, both commercial and home deep fryers play a crucial role in the Global Deep Fryer Market, contributing significantly to its growth and development.
Global Deep Fryer Market Outlook:
To recap, the Global Deep Fryer Market is a thriving sector that was valued at US$ 566 million in 2022. It is expected to grow at a CAGR of 2.8% from 2023 to 2029, reaching an estimated value of US$ 688.3 million. The market is dominated by the 'Less than 2L' segment, which holds over 35% of the market share. Deep fryers are used extensively in both commercial and residential settings, contributing significantly to the market's growth.
| Report Metric | Details |
| Report Name | Deep Fryer Market |
| Accounted market size in 2022 | US$ 566 in million |
| Forecasted market size in 2029 | US$ 688.3 million |
| CAGR | 2.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | T-FAL, Presto, WARING, Cuisinart, Hongpai, Delonghi, HENNY PENNY, Hamilton Beach, Bayou Classic, Rongsheng, Yixi, Vonshef, sensio, Maxi-Matic, E-Ware, Breville, Aroma, FRYMASTER, Oster, Huayu, Adcraft, Superpower |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
