MarkNtel Advisors has released a research report on the Air Fryer Market Size, Share, Analysis, Research, Report 2028. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.
Air Fryer Market Insights:
The Global Air Fryer Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2023-28.
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Global Air Fryer Market Key Drivers:
Rising Health Awareness Among Individuals – In recent years there has been a surge in the popularity of air fryers, owing to rapid urbanization & constantly changing lifestyles, which has increased health concerns, such as obesity, high/low blood pressure, etc., among individuals. This has led to a rise in health awareness among individuals, allowing them to adopt mindful cooking habits & transition to healthier cookware options.
Moreover, post-2020, there has been a rise in the health & wellness trend due to increased internet browsing. Social media played a very triggering role in the growth of the market, as it extensively promoted no or low-oil-based cooking habits & the benefits associated with it. Thereby also mentioning the use of air fryers instead of traditional fryers.
Hence, this had a psychological impact on the consumers to opt for conscious cooking habits, thus maintaining a good & healthy lifestyle regime, further enhancing the demand during 2018-28.
Leading Companies Operating in the Air Fryer Industry:
-Kokinklijke Philips N.V
-LG Corporation
-Stanley Black & Decker Inc.
-Breville Group Ltd.
-Groupe SEB
-SharkNinja Operating LLC
-Cuisinart
-Go Wise USA
-NuWave LLC
-De Longhi
-NeWell Brands
-German Pool Group
-Yedi Houseware Appliances
-Midea
-JoYoung
-Bajaj Electricals Ltd.
-Others
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Air Fryer Market Categorization:
The Air Fryer Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:
By Product Type
-Cylindrical Basket Air Fryer
-Air Fryer Oven
By End-user
-Household
-Hotels & Restaurant
-Hospitals
-Office & Others
By Capacity
-1-3 Quarts (Small)
-3-5 Quarts (Medium)
-5-6 Quarts (Large)
-6-16 Quarts (Extra Large)
By Distribution Channel
-Hypermarket/ Supermarket
-Small Electronic Stores
-Online
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Frequently Asked Questions (FAQs)
- How are cost and profit estimations evolving within the Air Fryer Industry?
- How do factors such as supply and consumption contribute to the industry landscape?
- How do import and export considerations influence the dynamics of the Air Fryer Industry?
- Which technological advancements are expected to influence the future of the Air Fryer Market?
- Who are the prominent players featured in the Air Fryer Market research report?
- What are the projected valuations in USD, and what is the CAGR for the forecasted years?
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