Air Fryer Market Growth Driven by Health-Conscious Consumers: A Comprehensive Report

Air Fryer Market size was valued at US$ 9.23 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.0% through 2024 to 2030, reaching nearly US$ 14.82 Bn.

Air Fryer Market Overview

Maximize Market Research has published an intelligence report entitled Global Air Fryer Market, which includes Manufacturers, Regions, Types, Applications, Segments and Forecast to 2029. The report covers the analysis of insights in view of the Air Fryer market along with its ever-changing patterns, industry environment and all dominant aspects of the market.

Air Fryer Market Report Scope and Research Methodology

The Global Air Fryer Market report published by Maximize Market Research is a comprehensive blend of primary and secondary data obtained through extensive research. The report presents both qualitative and quantitative data aimed at assisting decision-makers in identifying market segments and key drivers. The market size estimation followed a bottom-up approach for both global and regional perspectives. SWOT analysis is employed to assess the strengths and weaknesses of major players in the Air Fryer industry. The report includes a PESTLE analysis conducted by MMR, aiding investors in developing effective strategies within the Air Fryer sector. Political, economic, environmental, and legal factors are analyzed to understand their impact on the Air Fryer market’s dynamics. The report also sheds light on the competitive landscape of the global Air Fryer market, providing insights into local, regional, and global competition. It covers essential aspects such as operational areas, production, and product portfolio.

Access the full report here: https://www.maximizemarketresearch.com/request-sample/21700/ 

Air Fryer Market Regional Insights

The Air Fryer market report includes a detailed analysis of market size, dynamics and market share in regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.

Air Fryer Market Classifications

by Product

Digital Air Fryers
Manual Air Fryers

by End User

Residential
Commercial

by Distribution Channel

Online
Offline

The market is divided into two segments based on the kind of product: manual air fryers and digital air fryers. By 2030, the Digital Air Fryers category is anticipated to have the most market shares, amounting to %. This is because people are using digital devices more frequently, need automation more and more, and are becoming more conscious of their health. Air-frying is frequently more healthful than oil-frying. It has a significant decrease in fat content and cuts calories by 70% to 80%. Some of the additional harmful effects of oil frying could be mitigated with the use of this cooking technique.

The market is divided into online and offline segments based on the distribution channel. During the projected period of 2024–2030, the online distribution channel sector is anticipated to increase quickly at a CAGR of 14.5%. The rise in popularity of online retailers like Amazon and Flipkart helps with product sales. Additionally, a lot of well-known companies have their own websites, which contributes to the expansion of the market. Significant discounts and incentives from online shops can help to increase product sales. Throughout the projected period of 2024–2030, these are the main factors that will propel this segment’s growth in the worldwide market.

The market is divided into Residential and Commercial segments based on the End-Users. Over the projection period, the residential end-users category is anticipated to rise at a CAGR of %. Residential end users are placing a greater emphasis on air fryers as a result of changing lifestyles and having more disposable income. The market is seeing an increase in the availability of digital and electronic offerings for domestic consumers. Due to slow cooking and limited utility of traditional kitchen appliances, homeowners are increasingly looking for technologically advanced and intelligent kitchen equipment to improve the aesthetics of their kitchens. During the projected period of 2024–2030, these are the main factors driving the growth of this sector in the global market.

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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

Access the full report here: https://www.maximizemarketresearch.com/request-sample/21700/ 

Key Questions answered in the Air Fryer Market Report are:

  • What is the expected CAGR during the forecast period?
  • What is the expected Air Fryer market size by the end of the forecast period?
  • What are the Air Fryer market segments?
  • Which segment in the Air Fryer market is expected to grow rapidly during the forecast period?
  • Which are the prominent players in the Air Fryer market?
  • What key trends are expected to emerge in the Air Fryer market during the forecast period?
  • Which region dominated the global Air Fryer market?
  • Which regional market is expected to grow at a high rate during the forecast period?

Key Offerings:

  • Past Market Size and Competitive Landscape (2017 to 2021)
  • Past Pricing and price curve by region (2017 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Access the full report here: https://www.maximizemarketresearch.com/request-sample/21700/ 

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