Air Fryer Market Share, Analysis, Growth Drivers, Revenue, Scope and Future Opportunities: SPER Market Research
An air fryer is a small countertop oven that mimics deep frying without using much oil, making food crispy and appealing to taste. It works by circulating hot air around the food using a fan, which allows it to cook like fried food. This device is important for health-conscious consumers as it eliminates the need for oil. Air fryers are popular in homes, hotels, restaurants, and offices for making fried foods like meat, pastries, potato chips, and cookies, replacing traditional fryers worldwide and boosting the Air Fryer market.
According to SPER market research, ‘Global Air Fryer Market Size- By Device, By Capacity, By Application, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Air Fryer Market is predicted to reach 2.89 billion by 2034 with a CAGR of 8.16%.
Drivers:
Health and wellness have become very important to many consumers. They are making choices about their food and products that help them lead healthier lives. People are more aware of avoiding harmful ingredients and unhealthy lifestyles. Food safety is also becoming a bigger concern.
Recently, air fryers have become very popular, showing a shift towards healthier and easier cooking methods. Many people want to reduce unhealthy fats and calories. Air fryers cook food with little or no oil, allowing for healthier meals without losing taste. Smart air fryers have features to track cooking time, control oil use, and follow nutritional guidelines. This focus on health and wellness is likely to increase air fryer market growth.
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Restraints:
There are various reasons why the market for air fryers is constrained. Air fryers’ high price compared to other traditional kitchen appliances like microwaves and deep fryers is a major barrier to the market’s expansion. Because air fryers are expensive, many prospective buyers, price-sensitive industries, and regions with little consumer purchasing power avoid making the purchase. While impeding the growth of the air fryer industry, this helps the less costly cooking equipment and solutions industries.
North America air fryer market dominated the global air fryer market with a significant revenue share in 2024. The increasing consumer preference for healthy cooking methods and air fryers’ ability to cook food with less oil is driving growth. Additionally, technological advancements like AI enhance convenience for consumers, boosting the market. Some significant market players are Koninklijke Philips N.V, SharkNinja Operating LLC, Cuisinart, the BLACK + DECKER, Dash, and others.
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Global Air Fryer Market Growth
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