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Global Air Fryer Market, By Function (Manual, Digital), By Product Type (Drawer Type, Lid Type), By End Use (Residential, Commercial), By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.


Report ID : IR1001492 | Industries : Energy & Power | Published On :June 2024 | Page Count : 242

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  • Global Air Fryer Market, By Function (Manual, Digital), By Product Type (Drawer Type, Lid Type), By End Use (Residential, Commercial), By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.
    Global Air Fryer Market
    The Global Air Fryer Market was valued at USD 853.5 Mn in 2021 which is expected to reach USD 1520.5 Mn by 2027, at a CAGR of 9.18% from 2022-2027.
    Air Fryers are kitchen appliances that have been gaining popularity steadily since 2010 when it was first introduced by electronics manufacturer Philips. An air fryer is primarily used to prepare fried or crunchy textured foods, such as meat, chips, pastries, etc. The appliance works via hot air circulating inside the vessel to make the food’s exterior crispy. Air fryers have gained their popularity mainly as an alternative to deep frying. Health-conscious consumers and those people who are advised to avoid deep-fried, high-calorie, oily food find air frying an excellent alternative to enjoy their favorite food items without the need to cook them in oil. An air fryer uses about a tablespoon of oil and creates a taste like traditional deep frying.
    Market Drivers
    The global air fryer market is set to increase as more and more consumers are choosing healthy diet options. The rise of patients with health issues, especially those related to a sedentary lifestyle and high-fat consumption, such as cholesterol, high blood pressure, obesity, and diabetes, are being advised to go for less oil consumption. The use of an air fryer for such patients allows them to enjoy their favorite foods without worrying about excessive fat consumption.
    Apart from its use in homes, the demand for air fryers is also expected to rise due to their commercial use in restaurants and hospitals.
    Market restraints
    The air fryer market growth may be affected by its longer cooking times, leading to increased electricity and energy consumption. Compared to a standard fryer which takes around 10-12 minutes, an air fryer requires at least 30 minutes to cook. In the age of quick cooking, the slow cooking time of air fryers may become a hindrance to market growth.
    Market Segmentation
    The global air fryer market is segmented into functions of manual and digital, and into product types of drawer and lid types. Further, the market is segmented by the end use of residential and commercial.
    Regional Analysis
    The air fryer market is expected to be dominated by North America. This can be due to the growing adoption of air fryers for commercial and domestic purposes and the increasing health consciousness. Additionally, the increasing demand for frozen food has also boosted the demand for air fryers in this region.
    Asia-Pacific is expected to be the fastest-growing region during the forecast period. This is due to the increasing personal disposable income and the growing penetration of air fryers in developing economies within the region.
    Key Players
    Philips, Bajaj Electricals, Meyer Corporation, Avalon Bay, Black+Decker, Conair Corporation, NuWave LLC, Domu Brands, Newell Brands, and Breville.
    Market Taxonomy
    By Function
    • Manual
    • Digital
    By Product Type
    • Drawer Type
    • Lid Type
    By End Use
    • Residential
    • Commercial
    By Region 
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
     

    Global Air Fryer Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Air Fryer Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Air Fryer Market, By Function
    5.1 Y-o-Y Growth Comparison, By Function
    5.2 Global Air Fryer Market Share Analysis, By Function
    5.3 Global Air Fryer Market Size and Forecast, By Function
    5.3.1 Manual
    5.3.2 Digital
    6 Global Air Fryer Market, By Product Type
    6.1 Y-o-Y Growth Comparison, By Product Type
    6.2 Global Air Fryer Market Share Analysis, By Product Type
    6.3 Global Air Fryer Market Size and Forecast, By Product Type
    6.3.1 Drawer Type
    6.3.2 Lid Type
    7 Global Air Fryer Market, By End Use
    7.1 Y-o-Y Growth Comparison, By End Use
    7.2 Global Air Fryer Market Share Analysis, By End Use
    7.3 Global Air Fryer Market Size and Forecast, By End Use
    7.3.1 Residential 
    7.3.2 Commercial
    8 Global Air Fryer Market, By Region
    8.1 Global Air Fryer Market Share Analysis, By Region
    8.2 Global Air Fryer Market Size and Forecast, By Region
    9 North America Air Fryer Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Air Fryer Market Share Analysis, By Function
    9.3 North America Air Fryer Market Size and Forecast, By Product Type
    9.4 North America Air Fryer Market Size and Forecast, By End Use
    9.5 North America Air Fryer Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Air Fryer Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Air Fryer Market Share Analysis, By Function
    10.3 Europe Air Fryer Market Size and Forecast, By Product Type
    10.4 Europe Air Fryer Market Size and Forecast, By End Use
    10.5 Europe Air Fryer Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.5.4 Rest of Europe
    11 Asia Pacific Air Fryer Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Air Fryer Market Share Analysis, By Function
    11.3 Asia Pacific Air Fryer Market Size and Forecast, By Product Type
    11.4 Asia Pacific Air Fryer Market Size and Forecast, By End Use
    11.5 Asia Pacific Air Fryer Market Size and Forecast, By Country
    11.5.1 China
    11.5.2 Japan
    11.5.3 India
    11.5.4 Rest of Asia
    12 Latin America Air Fryer Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Air Fryer Market Share Analysis, By Function
    12.3 Latin America Air Fryer Market Size and Forecast, By Product Type
    12.4 Latin America Air Fryer Market Size and Forecast, By End Use
    12.5 Latin America Air Fryer Market Size and Forecast, By Country
    12.5.1 Brazil
    12.5.2 Rest of Latin America
    13 Middle East Air Fryer Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Middle East Air Fryer Market Share Analysis, By Function
    13.3 Middle East Air Fryer Market Size and Forecast, By Product Type
    13.4 Middle East Air Fryer Market Size and Forecast, By End Use
    13.5 Middle East Air Fryer Market Size and Forecast, By Country
    13.5.1 Saudi Arabia
    13.5.2 UAE
    13.5.3 Egypt
    13.5.4 Kuwait
    13.5.5 South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Philips
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Bajaj Electricals
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Meyer Corporation
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Avalon Bay
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Black+Decker
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Conair Corporation
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 NuWave LLC
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Domu Brands
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Newell Brands
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Breville
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies