Air Fryer Market Trends, Global Opportunity Analysis, Industry Size, Application Forecast To 2024
An Air Fryer is a kitchen appliance that cooks and fry’s food without the use of oil. It uses an electric heater and a circulating fan to blow hot air around the food in a closed circuit inside an insulated container. Air fryers can also be used to bake, grill, and roast. Owing to the rising prevalence of obesity across the globe, air fryers are expected to replace traditional deep-frying methods in the coming years.
The Global Air Fryer Market has been segmented based on end user, distribution channel, and region.
The Global Air Fryer Market has been segregated, by end user, into residential and commercial. The commercial segment is expected to dominate the global air fryer market during the assessment period. However, the residential segment is expected to register a higher CAGR during the forecast period as air fryers help save time and are efficient for the working population.
The global Air Fryer Market has been segmented based on end user, distribution channel, and region.
By end user, the global air fryer market has been classified as residential and commercial.
Based on distribution, the global air fryer market has been divided into store-based and non-store-based. Further, the store-based segment has been categorized as supermarkets and hypermarkets and specialty stores.
The global air fryer market has been studied about four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
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The North American Air Fryer Market has further been segmented into the US, Canada, and Mexico. The European air fryer market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The air fryer market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Some of the key players in the global air fryer market are Koninklijke Philips N.V. (Netherlands), Meyer Corporation (US), NuWave, LLC (US), Groupe SEB (France), Conair Corporation (US), GoWISE USA (US), Breville (Australia), Avalon Bay (US), Bajaj Electricals Ltd (India), and Rosewill, Inc. (US).
Based on region, the Global Market has been segmented into North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global air fryer market with the US being the major contributor to the growth of the market. The high prevalence of obesity and the growing demand for healthy food in the region is driving the growth of the market. Europe also held a significant share of the global air fryer market in 2018 and the regional market is projected to register steady growth during the forecast period. Asia-Pacific is expected to be the fastest-growing air fryer market during the forecast period with China, Japan, and India are contributing significantly to the growth of the market. In the rest of the world, South America is projected to dominate the market during the forecast period.
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