Global Air Fryer Market Growth 2023-2029

Global Air Fryer Market Growth 2023-2029

Product Code:454909

Published Date: Feb 08,2023

Pages: 116

Region: Global

Category: Machinery & Equipment

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An air fryer is a kitchen appliance that cooks by circulating hot air around the food using the convection mechanism. A mechanical fan circulates the hot air around the food at high speed, cooking the food and producing a crispy layer via the Maillard effect.

LPI (LP Information)' newest research report, the “Air Fryer Industry Forecast” looks at past sales and reviews total world Air Fryer sales in 2022, providing a comprehensive analysis by region and market sector of projected Air Fryer sales for 2023 through 2029. With Air Fryer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Fryer industry.

This Insight Report provides a comprehensive analysis of the global Air Fryer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air Fryer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Air Fryer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Fryer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Fryer.

The global Air Fryer market size is projected to grow from US$ 1087.8 million in 2022 to US$ 1753 million in 2029; it is expected to grow at a CAGR of 1753 from 2023 to 2029.

Global air fryer main manufactuers include Philips, SEB, Hyundai, Joyoung, Midea and Liven, etc., totally accounting for 40% of the market. North America is the largest market, with a share over 50%. As for the types of products, it can be divided into drawer type air fryer, lid type Air fryer and oven type air fryer. The most common product is drawer type air fryer, with a share about 50%. In terms of applications, it is widely used in household and commercial. The most commom application is in household, with a share over 68%.

This report presents a comprehensive overview, market shares, and growth opportunities of Air Fryer market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Drawer Type Air Fryer
    Lid Type Air Fryer
    Oven Type Air Fryer

Segmentation by application
    Household
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Philips
    SEB
    Hyundai
    Joyoung
    Midea
    Liven
    LOCK and LOCK
    Royalstar
    BIYI Group
    Hongxin
    Zhejiang Suteng Industiral and Trading co.,ltd.
    Breville
    GoWISE USA
    Cuisinart (Conair)
    Delonghi
    German Pool Group
    Avalon Bay
    YEDI
    Vonshef (DOMU)

Key Questions Addressed in this Report
What is the 10-year outlook for the global Air Fryer market?
What factors are driving Air Fryer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Air Fryer market opportunities vary by end market size?
How does Air Fryer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?