An air fryer is a small countertop convection oven that simulates deep frying without the need for oil. A high-speed fan pumps hot air, creating a crisp coating by browning reactions like the Maillard reaction.
The Maximize Market Research has published a global market intelligence and research report on Air Fryer Market on 23th November 2022. Leading analyst at Maximize Market research has said that North America held the largest market share of 38% in 2021 and is expected to keep its dominance in forecast period. However, market opportunities for Air Fryer are increasing in developing economies in APAC region and India, Malaysia. Bangladesh, Vietnam are lucrative opportunities for the key players in the industry.
The report has covered the 34 countries across the world, which are supposed to be the attractive destinations for stakeholders in the industry. The key players selected for profiling and benchmarking are selected on their global presence, regional dominance, and probable investment criteria. The analyst at MMR has tried to give good representation to global, regional and local players in the competitive landscape. “Having said this, Sr. Analyst has said that, while estimating market size by different segment, they have not left any stone unturned to derive the total market size and market size by regions. All the local, regional and global players’ contribution to total market by supply side has been considered.
Air Fryer Market : size was valued at US$ 807.17 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 7.0% through 2021 to 2029, reaching nearly US$ 1386.87 Mn.
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Air Fryer Market Overview:
Apart from market size and forecasting, the report has covered the recent developments, key trends, M&A, government regulations, purchasing pattern of the customers. Macroeconomic indicators in each economy are studied to understand the future course of action for the market.
SWOT analysis of each player, PESTLE and PORTER”S analysis benchmarking of key players on different parameters made this report exclusive and investors guide.
Market Segmentation:
Air Fryer market's growth is being fuelled by the launch of innovative products with improved designs. Furthermore, increased health consciousness and awareness about eating a healthy diet are expected to fuel product demand, resulting in market growth. Restaurants, hotels, and hospitals are all expected to have contributed to the market's rise. Furthermore, market growth is expected to be supported by the growing demand for energy-efficient products. The advent of advanced models with features like a touch screen panel, quick preheating, and a temperature control knob is expected to drive demand for digital air fryers.
Key players:
• Koninklijke Philips N.V.
• Tatung Company of America, Inc.
• De'Longhi America Inc.
• Ming’s Mark Inc.
• Groupe SEB
• Avalon Bay
• Bajaj Electricals Limited
• American Micronic Instruments
• Mayer
• Gorenje
• Philips
• Avalon Bay
• GoWISE USA
• Tefal
• Bigboss
• Vonshef
• Cozyna
• Living Basix
• Homeleader
• Rosewill
• Glip
The research provides a comprehensive review of the Air Fryer market’s presence in various sectors and nations. The research analyst aims to discover hidden development potential that may be utilized by organizations in various parts of the world by doing a thorough geographical study of the sector. Global Air Fryer Market research provides exact knowledge that enables market participants to compete successfully with their greatest competitors based on growth, sales, and other crucial aspects. In the research study, significant market aspects such as market drivers and barriers are separated from essential development prospects and industry trends.
Reasons to Purchase the Air Fryer Market Report:
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Maximize Market Research provides B2B and B2C research on 12500 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages,
Nov 23, 2022