Air Fryer Market to be Led by North America Region Until 2028
Rising health consciousness and increasing affordability
combined with technological upgradation are the leading factors driving the
global air fryer market during the projected period.
According
to TechSci Research report, “Air Fryer Market – Global
Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”
Global air fryer market is projected to grow at impressive rate
on account of increasing health consciousness, changing lifestyle, and
increasing obesity rate. New product launches by various companies is a
prominent trend of air fryer market in the forecasted period.
Air Fryers are suddenly so popular because, unlike traditional
deep fryers, air fryers require less oil to cook food, and they maintain the
heating level evenly and prepare food quickly. Air fryers provide a much
healthier option than traditional deep fryers. Like conventional fryers, air
fryers preserve the flavors and textures of food. Hot air in addition with tiny
droplets of oil is used to eliminate moisture from the food. The two primary
components of an air fryer are the heating coil and fan. Before being
circulated with the help of the fan, the surrounding air is warmed by the
heating coils.
Drawer air fryer have drawer shape container for frying food
while lid air fryer has lid with container for frying food. The market for air
fryers has experienced tremendous development and popularity in recent years,
including rising health consciousness and growing concern over dietary fat
intake. Due to a more wholesome approach to preparing deep-fried meals, air
fryers are now used in both household and commercial settings. Most of the
world's population upgraded their eating habits because of their busy
lifestyles. The demand for ready-to-eat food goods rises, which promotes the
growth of hotels and restaurants and the market. In addition to hotels and
restaurants, hospitals are also reporting increased demand. Strict patient
dietary regulations have forced hospitals to serve meals fried with little oil,
which has increased demand for air fryers in the market.
Market participants have survived in the intensely competitive
consumer-centric business thanks to customer feedback and constant product
innovation. Air fryers may be used for deep frying, pan cooking, toasting, and
baking and is therefore, attract a vast customer base. The main factors to
consider while purchasing air fryers in developing nations are their toughness,
price, predicted lifetime, and typical power consumption. Therefore, industry
participants continue to pay close attention to developing robust, economical,
and energy-efficient air fryers. However, the industrialized world has a
sizable market for smart and linked technology.
Wireless technology, smarthpones, and the
Internet of Things are standard household products and features of everyday life.
For instance, Philips has launched the Airfryer XL Connected, a new air fryer
with a temperature range of 80°C to 200°C and Rapid Air Technology for healthy
frying. It interfaces with the Nutri app, which
provides instructions on how to prepare food and when to interact with it. The
Philips Airfryer XL Connected comes with a touch screen and seven
pre-programmed settings, including keep warm, bake, grill, fry, reheat and roast.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the "Global Air Fryer Market."
The global air fryer market is segmented
based on product type, technology, end-use, distribution channel, region, and
competitional landscape. Based on product type, the market is further
fragmented into drawer and lid. Based on technology, the market is segmented
into digital and manual. Based on end use, the market is segmented into
residential and commercial. Based on distribution channels, the market is
segmented into Supermarkets/Hypermarkets, Multi-Branded Stores, Exclusive
Stores, Online, and Others (Direct Sales, Institutional Sales, etc.). The
market analysis also studies the regional segmentation to devise regional
market segmentation, divided among North America, Europe, Asia-Pacific, Middle
East & Africa, and South America.
Key market players in the Air Fryer
Market include:
- Koninklijke Philips N.V.
- NuWave, LLC
- TTK Prestige Ltd
- Breville Group Limited
- Newell Brands (Oster)
- KENT RO Systems Ltd.
- Bajaj Electricals Limited
- GoWISE USA
- Wonderchef Home Appliances Pvt. Ltd
- Cuisinart
·
It is anticipated that eliminating the
current price differential between traditional and air fryers and introducing
smart air fryers will provide lucrative opportunities for involved industry
partners. To stay competitive, manufacturers in the air fryer market always
create products with improved functionality and features. The pricing for the
items has dropped and have therefore stagnated at a low level for several years
despite the development of products with more added value.
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" Product innovation is a significant trend that is expected
to have an impact on growth over the forecasted period. Increasing health
awareness among people and growing hospitality and affordability will
positively impact the air fryer market. Due to the wide range of products
available to meet specific needs of, as well as the growing popularity of the
internet channel, the market is poised to grow at impressive rate through
projected period.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Air Fryer Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028F
Segmented By
Product Type (Drawer
and Lid), By Technology (Digital and Manual), By
End Use (Residential and Commercial), By Distribution Channel (Supermarkets/Hypermarkets, Multi-Branded Stores,
Exclusive Stores, Online and Others (Direct Sales, Institutional Sales etc.)),
By Region, Competition”, has
evaluated the future growth potential of air fryer products and provides statistics and information on market structure, size, share,
and future growth. The report is intended to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in air fryer products
globally.
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