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The trade conflict between the United States and China is driving strong growth in the South American Air Fryer industry. Brazil, Argentina, and Colombia are growing as investment centres for international investors, and their individual governments are focusing on internal development efforts such as the construction of special economic zones (SEZs) for more strong economic development. South America, for example, has over 500 SEZs that house around 10,000 businesses and over one million employees. SEZs include industrial parks and development zones that promote technological advancement. Governments' expansionary monetary policies and a favourable investment climate are boosting economic growth and strengthening the country's manufacturing sector, which is indirectly translating into demand for consumer electronics and home appliances.This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
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According to the research report, South America Air Fryer Market Outlook, 2028 the market is anticipated to grow at 10.56% CAGR during the forecast period. Consumption of low-fat, healthy alternatives have increased as a result of growing health consciousness and awareness of the negative consequences of bad diets. This has also had an impact on purchasing habits, particularly for kitchen appliances. Consumer preferences, such as a decrease in junk food consumption and an increase in the popularity of low-fat or low-oil-based cuisine, have prompted kitchen appliance makers to provide distinctive health-conscious solutions. Modern air fryers cook food with only around one teaspoon of oil while circulating hot air. This is marketed as a guilt-free, healthy alternative to popular fried dishes. Furthermore, cancer and pancreatic disorders have been linked to abnormal chemical accumulations such as acrylamide. As a result, people worldwide prefer low-oil or air-fried items, which increases sales.
Brazil, Argentina, and Colombia dominate the South American Air Fryer market. Manufacturers have a lucrative opportunity to expand due to the high penetration rates of Air fryers in these nations. Brazil is estimated to account for the biggest share of the South America Air Fryer market over the forecast period due to its dominance in this industry. The health-conscious generation needs technology that allows them to indulge in their favourite food without guilt. An air fryer comes in helpful in this situation because it makes fried delights with little to no oil. Furthermore, because it saves money, the modern and efficient heating system runs smoothly, making it easier for end users to adopt. Conventional frying consumes a lot of oil, gasoline, and labour, but an air fryer consumes very little oil and produces virtually the same taste. As a result, the use of air fryers in ordinary families is expected to increase during the projected period.
Based on product type, the South American market is segmented into Basket and Paddle type air fryers. Basket-style air fryers are expected to account for more than 66% of the market in 2022 because they are gentler on battered and coated foods like onion rings and home-battered dishes, and they have fewer moving parts, which may result in a longer life span. Paddle-style air fryers are predicted to grow in popularity throughout the forecast period since they can cook liquid products like risotto and curries and do not require human supervision while cooking because they turn the fries themselves.
The South American market, according to the report, is classified into two Device types: manual air fryers and electric air fryers. With a market share of more than 68%, the Electric Air Fryer leads the pack. This is attributed to increased use of digital equipment, increased need for automation, and increased health awareness. According to the report, the market is classified into residential and commercial applications. Consumers in the home sector prefer new multipurpose air fryers to traditional deep fryers. As a result, market organisations are more motivated to provide more complex, compact, and user-friendly items to fulfil the needs and demands of the residential zone. As a result, in 2022, the residential sector accounted for more than 85% of the market. On the basis of distribution channel, the market is separated into two parts: offline and online. Because of the increasing number of supermarkets and retail stores in South America, the offline channel, which comprises supermarkets and hypermarkets, retail stores, specialty stores, and so on, accounts for more than 90% of the market. Furthermore, the internet channel is expected to grow rapidly during the projection period due to factors such as convenience, comfort, cost savings, and so on.
Major Companies present in the market:
Koninklijke Philips N.V., BLACK+DECKER Inc., Breville Group Ltd, Groupe SEB, Newell Brands, 'De' Longhi Group, Gorenje, Conair Corporation.Considered in this report
- Geography: South America
- Historic year: 2017
- Base year: 2022
- Estimated year: 2023
- Forecast year: 2028
Aspects covered in this report
- South America Air Fryer market with its value and forecast along with its segments
- Country-wise built-in kitchen appliances market analysis
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
Countries covered in the report:
- Brazil
- Argentina
- Colombia
By Device Type:
- Manual Air fryer
- Electric Air fryer
By End Users:
- Commercial
- Residential
By Distribution Channel:
- Offline
- Online
By Product Type:
- Basket Air Fryer (Drawer)
- Paddle Air Fryer (Lid)
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Air Fryer industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.Table of Contents
1. Executive Summary2. Market Dynamics
2.1. Market Drivers
2.2. Challenges
2.3. Opportunity
2.4. Restraints
2.5. Market Trends
2.6. Covid-19 Effect
2.7. Supply chain Analysis
2.8. Policy & Regulatory Framework
2.9. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. Competitive Landscape
6.1. Competitive Dashboard
6.2. Business Strategies Adopted by Key Players
6.3. Key Players Market Share Insights and Analysis, 2022
6.4. Key Players Market Positioning Matrix
6.5. Consolidated SWOT Analysis of Key Players
6.6. Porter's Five Forces
7. Global Air Fryer Market Outlook
7.1. Market Size By Value
7.2. Market Size and Forecast, By Geography
7.3. Market Size and Forecast, By Device Type
7.4. Market Size and Forecast, By End User
7.5. Market Size and Forecast, By Distribution Channel
7.6. Market Size and Forecast, By Product Type
7.7. Market Size and Forecast, By Price Range
7.8. Market Size and Forecast, By Wattage
8. South America Air Fryer Market Outlook
8.1. Market Size By Value
8.2. Market Share By Country
8.3. Market Size and Forecast By Device Type
8.4. Market Size and Forecast By End User
8.5. Market Size and Forecast By Distribution Channel
8.6. Market Size and Forecast By Product Type
8.7. Brazil Air Fryer Market Outlook
8.7.1. Market Size By Value
8.7.2. Market Size and Forecast By Device Type
8.7.3. Market Size and Forecast By End User
8.7.4. Market Size and Forecast By Distribution Channel
8.7.5. Market Size and Forecast By Product Type
8.8. Argentina Air Fryer Market Outlook
8.8.1. Market Size By Value
8.8.2. Market Size and Forecast By Device Type
8.8.3. Market Size and Forecast By End User
8.8.4. Market Size and Forecast By Distribution Channel
8.8.5. Market Size and Forecast By Product Type
8.9. Colombia Air Fryer Market Outlook
8.9.1. Market Size By Value
8.9.2. Market Size and Forecast By Device Type
8.9.3. Market Size and Forecast By End User
8.9.4. Market Size and Forecast By Distribution Channel
8.9.5. Market Size and Forecast By Product Type
9. Company Profile
9.1. Koninklijke Philips N.V.
9.1.1. Company Snapshot
9.1.2. Company Overview
9.1.3. Financial Highlights
9.1.4. Geographic Insights
9.1.5. Business Segment & Performance
9.1.6. Product Portfolio
9.1.7. Key Executives
9.1.8. Strategic Moves & Developments
9.2. Stanley Black & Decker
9.3. Newell Brands
9.4. Groupe SEB
9.5. Conair Corporation
9.6. De’ Longhi Group
9.7. Gorenje
9.8. Breville Group Limited
10. Strategic Recommendations
11. Annexure
11.1. FAQ`s
11.2. Notes
11.3. Related Reports
12. Disclaimer
List of Figures
Figure 1: Global Air Fryer Market Size (USD Million) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Competitive Dashboard of top 5 players, 2022
Figure 5: Market Share insights of key players, 2022
Figure 6: Porter's Five Forces of Global Air Fryer Market
Figure 7: Global Air Fryer Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 8: Global Air Fryer Market Share By Region (2022)
Figure 9: South America Air Fryer Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 10: South America Air Fryer Market Share By Country (2022)
Figure 11: Brazil Air Fryer Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 12: Argentina Air Fryer Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 13: Colombia Air Fryer Market Size By Value (2017, 2022 & 2028F) (in USD Million)
List of Table
Table 1: Global Air Fryer Market Snapshot, By Segmentation (2022 & 2028) (in USD Million)
Table 2: Influencing Factors for Global Air Fryer Market, 2022
Table 3: Top 10 Counties Economic Snapshot 2020
Table 4: Economic Snapshot of Other Prominent Countries 2020
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Air Fryer Market Size and Forecast, By Geography (2017 to 2028F) (In USD Million)
Table 7: Global Air Fryer Market Size and Forecast, By Device Type (2017 to 2028F) (In USD Million)
Table 8: Global Air Fryer Market Size and Forecast, By End User (2017 to 2028F) (In USD Million)
Table 9: Global Air Fryer Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Million)
Table 10: Global Air Fryer Market Size and Forecast, By Product Type (2017 to 2028F) (In USD Million)
Table 11: Global Air Fryer Market Size and Forecast, By Price Range (2017 to 2028F) (In USD Million)
Table 12: Global Air Fryer Market Size and Forecast, By Wattage (2017 to 2028F) (In USD Million)
Table 13: South America Air Fryer Market Size and Forecast By Device Type (2017 to 2028F) (In USD Million)
Table 14: South America Air Fryer Market Size and Forecast By End User (2017 to 2028F) (In USD Million)
Table 15: South America Air Fryer Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Million)
Table 16: South America Air Fryer Market Size and Forecast By Product Type (2017 to 2028F) (In USD Million)
Table 17: Brazil Air Fryer Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 18: Brazil Air Fryer Market Size and Forecast By End User (2017, 2022 & 2028F)
Table 19: Brazil Air Fryer Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 20: Brazil Air Fryer Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 21: Argentina Air Fryer Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 22: Argentina Air Fryer Market Size and Forecast By End User (2017, 2022 & 2028F)
Table 23: Argentina Air Fryer Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 24: Argentina Air Fryer Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 25: Colombia Air Fryer Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 26: Colombia Air Fryer Market Size and Forecast By End User (2017, 2022 & 2028F)
Table 27: Colombia Air Fryer Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 28: Colombia Air Fryer Market Size and Forecast By Product Type (2017, 2022 & 2028F)
