Global Air Fryer Market Analysis & Outlook 2030

  • Product Code:
    RP-ID-10352022
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Category:
    Semiconductor & Electronics
  • Publisher:
    Pub-ID-54

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

The worldwide air fryer market size is estimated at USD 800 million in 2021. The market is likely to expand at a CAGR of 6% from 2022 to 2030. The presentation of inventive items with further developed plans is the key factor driving the development of this market. Likewise, rising wellbeing cognizance and mindfulness about after a solid eating regimen are projected to drive the item interest, subsequently supporting business sector development.

Appeal from eateries, inns, and clinics, is additionally expected to have helped the market development. Also, the appeal for energy-proficient items is required to emphatically affect market development. In view of item type, the advanced air fryer portion held the biggest piece of the pie in 2018 and will hold its prevailing situation all through the figure years. The section is additionally assessed to enlist the quickest CAGR from 2022 to 2030. The accessibility of cutting edge items with highlights, for example, a touch screen board, quick preheating, and temperature control handle, is relied upon to fuel the interest for computerized air fryers. The online conveyance channel portion is expected to extend at the quickest CAGR from 2022 to 2030.

The rising prominence of web based business retailers, like Amazon.com, is the vital factor in boosting item deals through online channels. Europe was the main territorial market in 2020. It is assessed to grow further at a consistent CAGR over the conjecture years inferable from expanding wellbeing cognizance and resultant interest for air fryers. Nonetheless, Asia Pacific is expected to grow at the quickest CAGR of 9% from 2022 to 2030.

Item Insights

The advanced item section held the biggest air fryer piece of the pie in 2020 because of expanded interest for programmed cooking machines in created nations, like the U.S., Canada, and Germany. The fragment is projected to become further at the quickest CAGR during the conjecture years. The manual item fragment is additionally expected to observe extensive development in the years to come. Manual air fryers are favored inferable from their lower cost than advanced items. In any case, more slow cooking time is a main consideration that might limit portion development.

Appropriation Channel Insights

The disconnected appropriation channel was the main fragment in 2020. High item perceivability and an expanding number of retailer stores, like Walmart, in agricultural nations including India and China, is the fundamental factor driving the development of this fragment. Then again, the online portion is expected to grow at the quickest CAGR of 7% from 2022 to 2030.The rising notoriety of internet business retailers, like Amazon.com, is the critical factor in boosting item deals through online channels. In addition, the majority of the conspicuous organizations have their sites, which additionally adds to fragment development. Furthermore, various offers and limits given by online retailers assist with boosting item deals.

Local Insights

Europe was the main local market in 2020. It is assessed to hold its prevailing situation all through the conjecture years attributable to expanding wellbeing awareness and high item interest. Asia Pacific is expected to grow at the quickest CAGR of 7% from 2022 to 2030. Expanding buyer extra cash levels in arising nations alongside rising wellbeing cognizance is the key development driving component. Also, the presence of conspicuous organizations, like Philips, Prestige, and Ninja, is required to decidedly affect the district's development.

Air Fryer Market Share Insights

A portion of the noticeable organizations in the market are Koninklijke Philips N.V.; Cuisinart; SharkNinja Operating LLC; DASH (StoreBound LLC); Breville, Inc.; Havells India Ltd.; TTK Prestige Ltd.; KRUPS; and NuWave, LLC. The majority of the organizations have embraced a few key exercises, like extensions, consolidations and acquisitions, and item and mechanical developments, to acquire a higher portion of the overall industry.

Fragments Covered in the Report

This report estimates income development at worldwide, provincial, and nation levels and gives an investigation of the most recent industry patterns in every one of the sub-portions from 2022 to 2030. For this investigation, Grand View Research has portioned the worldwide air fryer market report on the premise item, dissemination channel, and district:

Item Outlook (Revenue, USD Million, 2022 to 2030)

Manual

Advanced

Appropriation Channel Outlook (Revenue, USD Million, 2022 to 2030)

Disconnected

On the web


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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