Global Deep Fryers Market Size, Trends and Growth opportunity, By Type (2L and 2L-5L), By Product (Commercial and Household), By Distribution Channel (Direct, Distributors and E-commerce), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR1001952 | Industries : Energy & Power | Published On :June 2024 | Page Count : 156
Global Deep Fryers Market Size, Trends and Growth opportunity, By Type (2L and 2L-5L), By Product (Commercial and Household), By Distribution Channel (Direct, Distributors and E-commerce), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Deep Fryers Market
Global Deep Fryers Market was valued at USD 452.2 million in 2021 and is expected to reach USD 632.3 million by 2027, at a CAGR 5.75% from 2022-2027.
Fast food is prepared in deep fryers to increase crispiness. A basket that is used to lower and lift food into the oil for cooking is one of the appliance's many parts. As a result of numerous technological developments, many fryers now have an automatic mechanism to increase the food. The appliance has also received a timer, an audio alert, and several other additions. These elements have helped raise awareness and interest in automatic fryers.
Market Drivers
Over the projected period, it is anticipated that fast food firms expanding operations will have a favourable effect on product demand. In the near future, growth is also predicted to be further fueled by the market penetration of electric fryers. On their websites, a number of firms have begun selling their goods online. To ensure the widest possible product distribution, they have also partnered with distributors around the world. This aids them in growing both their customer base and the reach of their goods. In addition, rising internet usage is anticipated to have a favourable effect on the market in both developed and emerging nations. Many technological advancements have led to the automatic mechanism that increases the food in many fryers nowadays.
Market Restraints
Since they are a healthier alternative to deep fryers, air fryers are in higher demand. Both of these items appear to be similar, but they differ in a number of ways, including maintenance requirements, types of food that are fried, oil penetration, and quantity of oil utilised. During the projected period, this is anticipated to be a major challenge for the market.
COVID-19 Impact
Due to lockdown during the COVID-19 outbreak, QSRs like KFC were forced to close a number of their locations as a result of very low demand for their products. The demand for deep fryers was impacted by this. To adjust to the present business environment, market participants are concentrating on changing their supply chains to strengthen their online presence and delivery methods. Consumption of goods is probably going to be hampered by changes in consumer behaviour and an emphasis on eating well to maintain a strong immune system and prevent the spread of COVID-19.
Market Segmentation
Global Deep Fryers Market segmented into Type, Product, Distribution Channel, and Region.
Based on Type the market is divided into 2L and 2L-5L.
Based on Product the market is segmented into Commercial and Household
Based on Distribution Channel market is segmented into Direct, Distributors, and E-commerce
Regional Analysis
Global Deep Fryers Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America dominated the Global Deep Fryers market. Due to consumers' growing inclination for convenience foods and fast meals that can be consumed on-the-go, the region is expected to maintain its dominant position in the deep fryer market during the forecast period.
Asia Pacific is anticipated to grow at the fastest rate during the forecast period due to rising per capita income in emerging economies, an increase in the number of middle-class people, and rising living standards. Over the projection period, demand is anticipated to be driven by China, Indonesia, India, and Bangladesh.
Key Players
Various key players are discussed into the Global Deep Fryers Market Report including: AB Electrolux, Ali Group Srl, Breville Group, Fagor Industrial, Groupe SEB, Henny Penny, Newell Brands, Taurus Group, TTK Prestige Ltd., Welbilt, Inc.
Market Taxonomy
By Type
• 2L
• 2L-5L
By Product
• Commercial
• Household
By Distribution Channel
• Direct
• Distributors
• E-commerce
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Deep Fryers 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 Deep Fryers Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Deep Fryers Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Deep Fryers Market Share Analysis, By Type
5.3 Global Deep Fryers Market Size and Forecast, By Type
5.3.1. 2L
5.3.2. 2L-5L
6 Global Deep Fryers Market, By Product
6.1 Y-o-Y Growth Comparison, By Product
6.2 Global Deep Fryers Market Share Analysis, By Product
6.3 Global Deep Fryers Market Size and Forecast, By Product
6.3.1 Commercial
6.3.2. Household
7 Global Deep Fryers Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Deep Fryers Market Share Analysis, By Distribution Channel
7.3 Global Deep Fryers Market Size and Forecast, By Distribution Channel
7.3.1. Direct
7.3.2. Distributors
7.3.3. E-commerce
8 Global Deep Fryers Market, By Region
8.1 Global Deep Fryers Market Share Analysis, By Region
8.2 Global Deep Fryers Market Size and Forecast, By Region
9 North America Deep Fryers Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Deep Fryers Market Share Analysis, By Type
9.3 North America Deep Fryers Market Size and Forecast, By Product
9.4 North America Deep Fryers Market Size and Forecast, By Distribution Channel
9.5 North America Deep Fryers Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Deep Fryers Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Deep Fryers Market Share Analysis, By Type
10.3 Europe Deep Fryers Market Size and Forecast, By Product
10.4 Europe Deep Fryers Market Size and Forecast, By Distribution Channel
10.5 Europe Deep Fryers 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 Deep Fryers Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Deep Fryers Market Share Analysis, By Type
11.3 Asia Pacific Deep Fryers Market Size and Forecast, By Product
11.4 Asia Pacific Deep Fryers Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Deep Fryers Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Deep Fryers Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Deep Fryers Market Share Analysis, By Type
12.3 Latin America Deep Fryers Market Size and Forecast, By Product
12.4 Latin America Deep Fryers Market Size and Forecast, By Distribution Channel
12.5 Latin America Deep Fryers Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Deep Fryers Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Deep Fryers Market Share Analysis, By Type
13.3 Middle East Deep Fryers Market Size and Forecast, By Product
13.4 Middle East Deep Fryers Market Size and Forecast, By Distribution Channel
13.5 Middle East Deep Fryers Market Size and Forecast, By Country
13.6.1. 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
15Company Profiles
15.1 AB Electrolux, Ali Group Srl, Breville Group, Fagor Industrial, Groupe SEB, Henny Penny, Newell Brands, Taurus Group, TTK Prestige Ltd., Welbilt, Inc.
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. Ali Group Srl
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. Breville Group
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 Fagor Industrial
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 Groupe SEB
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 Henny Penny
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 Newell Brands
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 Taurus Group
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 TTK Prestige Ltd
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 Welbilt, Inc.
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