What is Global Air Fryers & Deep Fryers Market?
The Global Air Fryers & Deep Fryers Market is a vast and dynamic sector that encompasses a wide range of products and services. This market is primarily focused on the production and distribution of air fryers and deep fryers, which are popular kitchen appliances used for cooking various types of food. These appliances work by circulating hot air around the food to produce a crispy exterior, which is why they are often used as a healthier alternative to traditional frying methods. The global market for these appliances was valued at US$ 1443 million in 2023 and is expected to reach US$ 2284.2 million by 2030, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2024 to 2030.
Touch Type, Mechanical Type in the Global Air Fryers & Deep Fryers Market:
The Global Air Fryers & Deep Fryers Market is segmented into two main types based on the mechanism of operation: Touch Type and Mechanical Type. Touch Type air fryers and deep fryers are equipped with a touch-sensitive interface that allows users to easily adjust the settings and control the cooking process. On the other hand, Mechanical Type appliances are operated using traditional knobs and dials. The Touch Type segment represents the largest share of the worldwide market, accounting for 80.14% of the total. This dominance can be attributed to the convenience and ease of use offered by touch-sensitive controls, which are becoming increasingly popular among consumers.
Residential, Commercial in the Global Air Fryers & Deep Fryers Market:
The Global Air Fryers & Deep Fryers Market finds its applications in both residential and commercial settings. In residential settings, these appliances are used for everyday cooking and are especially popular among health-conscious individuals who prefer to avoid the excessive oil used in traditional frying. In commercial settings, air fryers and deep fryers are used in restaurants, cafes, and other foodservice establishments to prepare a variety of dishes. The Residential segment is estimated to be the largest end-use industry segment of the market in 2019, accounting for 68.09% of the global market. This can be attributed to the growing demand for healthier cooking options and the increasing popularity of home cooking.
Global Air Fryers & Deep Fryers Market Outlook:
The Global Air Fryers & Deep Fryers Market outlook reveals that North America holds the major share in the global market, accounting for 51.03% of the total. This dominance can be attributed to the high demand for these appliances in the region, driven by the growing health consciousness among consumers and the popularity of home cooking. The market in this region is expected to continue its growth trajectory, fueled by technological advancements and the introduction of innovative products. Despite the challenges posed by the COVID-19 pandemic, the market has shown resilience and is expected to recover and grow in the coming years.
| Report Metric | Details |
| Report Name | Air Fryers & Deep Fryers Market |
| Accounted market size in 2023 | US$ 1443 million |
| Forecasted market size in 2030 | US$ 2284.2 million |
| CAGR | 6.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Philips, SEB, Hyundai, Joyoung, Midea, Liren, LOCK&LOCK, Royalstar, Ningbo Biyi, Shanghai Hongxin, Zhejiang Suteng Industiral and Trading co.,ltd., Breville, GoWISE USA, Cuisinart（Conair）, Delonghi, German Pool Group, Avalon Bay, YEDI, Vonshef（DOMU） |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
