Global Air Fryer Market

Global Air Fryer Market Size, Share, Growth Analysis, By Product(Digital and Analog), By End User(Residential and Commercial) - Industry Forecast 2024-2031

Report ID: SQMIG30I2230 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 59 | Figures: 77

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Global Air Fryer Market size was valued at USD 708.53 Billion in 2022 and is expected to grow from USD 759.54 Billion in 2023 to reach USD 1324.68 Billion by 2031, at a CAGR of 7.20% during the forecast period (2024-2031).

The competitive landscape is dynamic, with players constantly innovating and expanding their product portfolios to cater to evolving consumer preferences and stay ahead in the market. The competitive landscape is characterized by the presence of established kitchen appliance manufacturers, as well as new entrants focusing specifically on air fryer products. 'Philips (Netherlands)', 'Gourmia (United States)', 'Cuisinart (United States)', 'Ninja (United States)', 'Instant Brands (Canada)', 'Cosori (China)', 'Black+Decker (United States)', 'Tefal (France)', 'NuWave (United States)', 'Dash (United States)', 'GoWISE USA (United States)', 'Breville (Australia)', 'Chefman (United States)', 'Kalorik (Belgium)', 'Hamilton Beach (United States)', 'Farberware (United States)', 'Bella (United States)', 'Aobosi (China)', 'PowerXL (United States)', 'Krups (Germany)', 'ChefWave (United States)', 'Avalon Bay (United States)'

Air fryers provide a convenient and time-saving cooking solution. They offer faster cooking times compared to conventional ovens and stovetops. The ease of use and quick cooking process of air fryers attract consumers who are looking for convenient and hassle-free cooking appliances, particularly those with busy lifestyles.

Throughout the forecast period, the air fryer market is anticipated to be dominant in Asia Pacific. In Asia Pacific, the market is expected to increase as a result of rising disposable incomes, rising consumer health consciousness, and rising demand for convenient cooking methods. The Asia-Pacific region dominates the world market for air fryers; rising economic development, rising FDI investments, rapid industrialization, government initiatives like Make in India, and rising consumer spending on home appliances in the region's developing economies are likely to be the major drivers of market growth over the course of the forecast period.

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Global Air Fryer Market

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