Air Fryer Market Report Overview
The report provides a comprehensive analysis of the current and future Air Fryer market scenario, including insights and updates on the key sectors. The report also provides an analysis of the demand for Air Fryer products and services across the world, as well as the manufacturing, income generation, sales, and revenue of the Air Fryer market. It also provides a fundamental analysis of the Air Fryer market, including the drivers, opportunities, trends, and restraints that are shaping the market.
Air Fryer Market was valued at US$ 7.01 Bn. in 2022. Global Air Fryer Market size is expected to grow at a CAGR of 3.4 % through the forecast period.
Air Fryer Market Report Scope and Research Methodology
A combination of primary and secondary data has been used to gather information about the Air Fryer market for the report. Primary data is collected through interviews with Air Fryer industry experts and stakeholders, while secondary data is collected from government agencies, trade associations, and industry publications. It has used a bottom-up approach to estimate the Air Fryer market size. This approach involves starting with the individual market segments and then aggregating them to arrive at the overall Air Fryer market size. The report also provides detailed information on the capacity, manufacturing, price, cost, revenue, and market statistics, which helps stakeholders understand the financial performance of the key players in the Air Fryer industry.
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Air Fryer Market Regional Insights
The research covers a detailed analysis of the Air Fryer market size and dynamics in North America (United States, Canada, Mexico), Europe (Germany, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC) South America (Brazil, Argentina and Rest of South America) Middle East and Africa (South Africa, Egypt and Rest of MEA).
Air Fryer Market Segmentation
by Product
Digital Air Fryers
Manual Air Fryers
the market is segmented into Digital Air Fryers, and Manual Air Fryers. Digital Air Fryers segment is expected to hold the largest market shares of xx% by 2029. This is due to rising usage of the digital equipment’s, increasing demand of automation, and raise awareness regarding health. Air frying is often healthier than frying in oil. It reduces calories by 70% to 80% and contains a lot less fat. This cooking method may help reduce some of the other negative consequences of oil frying.
by End User
Residential
Commercial
the market is segmented into Residential, and Commercial. Residential end-users segment is expected to grow rapidly at a CAGR of 7% during the forecast period. Due to lifestyle changes and higher disposable incomes, there is a surge in demand for air fryers among residential end users. The availability of electronic/digital offerings for domestic consumers is increasing in the market.
by Distribution Channel
Online
Offline
the market is segmented into Online, and Offline. Online distribution channel segment is expected to grow rapidly at a CAGR of 7% during the forecast period 2023-2029. Product sales are aided by the increasing popularity of e-commerce suppliers such as Amazon and Flipkart. Furthermore, many well-known organizations have their own websites, which helps to the segment's growth. Furthermore, internet retailers' significant offers and discounts aid to boost product sales. These are the key drivers that boost the growth of this segment in the global market during the forecast period 2023-2029.
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Air Fryer Market Key Players
1. Koninklijke Philips N.V.
2. Tatung Company of America, Inc.
3. De'Longhi America Inc.
4. Ming’s Mark Inc.
5. Groupe SEB
6. Avalon Bay
7. Bajaj Electricals Limited
8. American Micronic Instruments
9. Mayer
10. Gorenje
11. Philips
12. Avalon Bay
13. GoWISE USA
14. Tefal
15. Bigboss
16. Vonshef
17. Cozyna
18. Living Basix
19. Homeleader
20. Rosewill
21. Glip
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Key questions answered in the Air Fryer Market are:
- What are Air Fryer market segments?
- What is the expected Air Fryer market size by the end of the forecast period?
- What is the expected CAGR of the Air Fryer market during the forecast period?
- What are the emerging trends in the Air Fryer Market?
- What are the factors contributing to the final price of Air Fryer?
- What are the major challenges that the Air Fryer Market could face in the future?
Key Offerings:
- Market Share, Size Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- PESTLE Analysis and Porter’s Five Forces Analysis
- Key Findings
- Analyst Recommendations
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