The global air fryer market size is anticipated to reach USD 2.07 billion in 2030 and is projected to grow at a CAGR of 7.9% from 2024 to 2030. Introduction of innovative products with improved designs is the key factor driving the growth of this market.
Based on device, the automatic device segment dominated the air fryer market with a revenue share of 58.4% in 2023. Automatic air fryers display the data on the screen, making it easier to control the temperature and time of frying. The manual device segment is expected to grow significantly over the forecast period. Manual air fryers are cheaper than automatic air fryers, making them easily accessible to many people
The offline distribution channel segment dominated the air fryer market with a revenue share of 73.1% in 2023. High product visibility and increasing number of retailer stores, such as Walmart, in developing countries including India and China, is main factor driving the growth of this segment. The online distribution channel segment is expected to register the fastest CAGR over the forecast period. Rising popularity of e-commerce retailers, such as Amazon.com, is the key factor boosting the product sales through online channels.
Moreover, most of the prominent companies have their own websites, which also contributes to the segment growth. North America air fryer market will retain its dominant position throughout the forecast years owing to increasing health consciousness and resultant demand for air fryers.
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Based on device, the automatic device segment dominated the air fryer market with a revenue share of 58.4% in 2023. Automatic air fryers display the data on the screen, making it easier to control the temperature and time of frying. The manual device segment is expected to grow significantly over the forecast period. Manual air fryers are cheaper than automatic air fryers, making them easily accessible to many people
The offline distribution channel segment dominated the air fryer market with a revenue share of 73.1% in 2023. High product visibility and increasing number of retailer stores, such as Walmart, in developing countries including India and China, is main factor driving the growth of this segment. The online distribution channel segment is expected to register the fastest CAGR over the forecast period. Rising popularity of e-commerce retailers, such as Amazon.com, is the key factor boosting the product sales through online channels.
Moreover, most of the prominent companies have their own websites, which also contributes to the segment growth. North America air fryer market will retain its dominant position throughout the forecast years owing to increasing health consciousness and resultant demand for air fryers.
Air Fryer Market Report Highlights
- North America is anticipated to be the largest regional market owing to high product demand as a result of rising health consciousness
- The offline distribution channel segment dominated the air fryer market with a revenue share of 73.1% in 2023. Since air fryers are not cheap and many families make a big investment in buying them, customers appreciate the ability to personally get an idea of how they work
- The residential application segment dominated the air fryer market with a revenue share of 67.2% in 2023. The residential segments have started using air fryers since it is more efficient in preparing healthier food than deep frying.
The leading players in the Air Fryer market include:
- Koninklijke Philips N.V.
- SharkNinja Operating LLC
- Cuisinart.
- the BLACK + DECKER
- Dash
- Breville Site.
- Havells India Ltd.
- TTK Prestige Ltd.
- Corelle Brands LLC.
- Tefal
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Air Fryer Market Variables, Trends, & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Air Fryer Market: Device Estimates & Trend Analysis
Chapter 6. Air Fryer Market: Capacity Estimates & Trend Analysis
Chapter 7. Air Fryer Market: Application Estimates & Trend Analysis
Chapter 8. Air Fryer Market: Distribution Channel Estimates & Trend Analysis
Chapter 9. Air Fryer Market: Regional Estimates & Trend Analysis
Chapter 10. Competitive Landscape
Companies Mentioned
The leading players in the Air Fryer market include:- Koninklijke Philips N.V.
- SharkNinja Operating LLC
- Cuisinart.
- the BLACK + DECKER
- Dash
- Breville Site.
- Havells India Ltd.
- TTK Prestige Ltd.
- Corelle Brands LLC.
- Tefal
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.22 Billion |
| Forecasted Market Value ( USD | $ 2.07 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
