Air Fryer Market Report Provide Recent Trends, Opportunity, Drivers, Restraints and Forecast-2029


Posted August 21, 2023 by nirankammr

Air Fryer Market size was valued at US$ 8.63 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 7.0% through 2023 to 2029, reaching nearly US$ 13.86 Bn.

 
Air Fryer Market Overview:

The competitive landscape of the Air Fryer Market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Air Fryer market.

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Air Fryer Market Scope:

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.

Air Fryer Market Drivers:

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.

Health and wellness trends that advocate minimal or no oil-based diets and their related advantages are becoming more visible on social media, blogs, and websites. Demand is rising as a result of these factors. Furthermore, rising participation in sports and fitness activities has increased consumption of low-oil foods, paving the path for air fryer sales in the forecast period. These are the key factor that drives the growth in the global market during the forecast period 2023-2029.

Air Fryer Market Segmentation:

by Product

Digital Air Fryers
Manual Air Fryers

by End User

Residential
Commercial

by Distribution Channel

Online
Offline

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Air Fryer Market Key Players:

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources.

The following are the key players of the Air Fryer Market-

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


Regional Analysis:

Individual market influencing elements and changes in market rules that impact present and future market trends are also included in the geographical factor of the research. Only a few of the indicators utilized to anticipate market scenarios for distinct nations include downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies.

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COVID-19 Impact Analysis on Air Fryer Market: The study also looks at the influence of COVID-19 on the Air Fryer market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, notable trends, and challenges that the industry is experiencing across major regions. The report presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Air Fryer Market. The particular research focuses on market share and size, demonstrating clearly the impact that the epidemic has had and will have on the global Air Fryer Market in the next years.

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Key Questions Answered in the Air Fryer Market Report are:

What will be the CAGR of the Air Fryer market during the forecast period (2021-2027)?
Which segment emerged as the leading segment in the Air Fryer market?
Which are the prominent players in the Air Fryer market?
What key trends are likely to emerge in the Air Fryer market in the forecast period?
What will be the Air Fryer market size by 2027?
Which company held the largest share in the Air Fryer market in 2020?
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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags air fryer market , air fryer market size , air fryer market share
Last Updated August 21, 2023