Air Fryer Market 2023: Some Basic Influencing Factors Making It's Booming Industry

Author : steve smith | Published On : 27 Nov 2023

Air Fryer Market Research Report Scope (FY23-28)

The Market Analysis for Air Fryer Market conducted by MarkNtel Advisors delves into the factors that will influence the market's performance in the anticipated period, 2023-28. This analysis provides an extensive evaluation of the value chain, supply chain, and business operations within various regional markets. Furthermore, it furnishes a roster of well-established companies operating in the market, complete with detailed descriptions of their product offerings, all of which contribute to enhancing the trustworthiness of the research study.

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Market Dynamic

This report delves into the current market trends influencing its growth. It provides insights into essential factors such as market drivers, challenges, and opportunities for key industry players, stakeholders, and emerging competitors.

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.

Competitive Outlook

The report profiles leading companies, including 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, Others, as researched by MarkNtel Advisors.

Segment Analysis:

To gain a more profound insight, experts have undertaken a thorough analysis of each category within these segments. This meticulous scrutiny assists industry participants and stakeholders in grasping the market categories that are undergoing rapid expansion and yielding the most substantial revenues. The precision of revenue estimations and calculations is guaranteed through a segment-specific approach to analysis and expansion.

The report thoroughly scrutinizes major market segments, along with their respective sub-segments.

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

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Industry experts have extensively assessed the profitability and growth potential within these segments. Furthermore, the report examines key geographical regions, including -

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

The research component also offers sales and revenue forecasts for the period 2023-28, considering factors like sales, pricing, and revenue.

Key questions Answered in this Recent Research Report, 2028

What is the anticipated demand for various product categories, and what are the potential market and industrial applications for these products?
How are the forecasts for the Air Fryer Market determined, taking into account factors like production, capacity, production value, expected expenses, profitability, market share, supply, consumption, import/export patterns, and other dynamics?
Who are the dominant players in the Air Fryer Market, and which companies currently hold the top positions in the industry?
What are the notable market trends that can be harnessed to create new sources of revenue?
What strategies are advisable for entering the market, minimizing economic impact, and selecting effective marketing channels within the Air Fryer Market?

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MarkNtel Advisors is wholeheartedly dedicated to delivering premium market research, and this report serves as a testament to our commitment to furnishing clients with extensive and valuable insights. In response to the publication of this report, our analysts emphasized, "The Air Fryer market is in the midst of swift changes, and staying ahead of the curve is vital for both businesses and investors. Our report provides a detailed examination of market players, prospects, and insights, equipping our clients with the essential information needed to make well-informed decisions in this continuously evolving environment."

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