The Global Air Fryer Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2023-28.
Air Fryer Market Overview
MarkNtel Advisors Research's comprehensive study of the Air Fryer Market includes detailed geographical insights and a thorough analysis of the competitive landscape. This report offers essential information for companies and investors aiming to leverage the market's significant potential for growth.
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Air Fryer Market Scope and Methodology
The market study of Air Fryer employs a thorough and comprehensive approach, utilizing both primary and secondary data sources. Quantitative tools are employed to estimate market size, growth rates, and trends, while qualitative methods explore consumer preferences, competitive landscape, and regulatory influences. SWOT analysis and Porter’s Five Forces model are valuable for assessing market dynamics and competitive positioning. This holistic methodology delivers precise insights into the nuances of the Air Fryer industry, offering a robust foundation for strategic planning and informed decision-making.
Driving Innovation: Exploring the Air Fryer Market and its Market Dynamics
Global Air Fryer Market Key Drivers:
Rising Health Awareness Among Individuals - In recent years there has been a surge in the popularity of air fryers, owing to rapid urbanization constantly changing lifestyles, which has increased health concerns, such as obesity, high/low blood pressure, etc., among individuals. This has led to a rise in health awareness among individuals, allowing them to adopt mindful cooking habits transition to healthier cookware options.
Moreover, post-2020, there has been a rise in the health wellness trend due to increased internet browsing. Social media played a very triggering role in the growth of the market, as it extensively promoted no or low-oil-based cooking habits the benefits associated with it. Thereby also mentioning the use of air fryers instead of traditional fryers.
Hence, this had a psychological impact on the consumers to opt for conscious cooking habits, thus maintaining a good healthy lifestyle regime, further enhancing the demand during 2018-28.
Air Fryer Market Segmentation
By Product Type
-Cylindrical Basket Air Fryer
-Air Fryer Oven
By End-user
-Household
-Hotels Restaurant
-Hospitals
-Office Others
By Capacity
-1-3 Quarts (Small)
-3-5 Quarts (Medium)
-5-6 Quarts (Large)
-6-16 Quarts (Extra Large)
By Distribution Channel
-Hypermarket/ Supermarket
-Small Electronic Stores
-Online
By Region
-North America
-South America
-Europe
-Middle East Africa
-Asia-Pacific
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Air Fryer Market Key Players
-Kokinklijke Philips N.V
-LG Corporation
-Stanley Black Decker Inc.
-Breville Group Ltd.
-Groupe SEB
-SharkNinja Operating LLC
-Cuisinart
-Go Wise USA
-NuWave LLC
-De Longhi
-NeWell Brands
-German Pool Group
-Yedi Houseware Appliances
-Midea
-JoYoung
-Bajaj Electricals Ltd.
-Others
Key questions answered in the Air Fryer Market are:
- What is Air Fryer?
- What was the Air Fryer market size?
- What are the different segments of the Air Fryer Market?
- What growth strategies are the players considering to increase their presence in Air Fryer?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Air Fryer Market?
- What major challenges could the Air Fryer Market face in the future?
- What segments are covered in the Air Fryer Market?
- Who are the leading companies and what are their portfolios in Air Fryer Market?
- What segments are covered in the Air Fryer Market?
- Who are the key players in the Air Fryer market?
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