Market Overview:
The global airfryer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy and convenient food, increasing awareness about airfryers, and technological advancements in airfryers. Based on type, the global airfryer market is segmented into drawer type air fryer, lid type air fryer, and oven type air fryer. The drawer type segment is expected to hold the largest share of the global market in 2018 owing to its low price point and easy-to-use features. Based on application, the global market is segmented into household and commercial applications.
Product Definition:
An airfryer is a kitchen appliance that cooks food by circulating hot air around it. The importance of an airfryer is that it cooks food evenly and quickly, without using a lot of oil.
Drawer Type Air Fryer:
The global drawer type air fryer market size was valued at USD 6.5 million in 2016 and is expected to witness a growth of over 10% by the end of 2017. The increasing demand for energy-efficient appliances with improved cooking experience is one of the key factors driving industry growth.
The growing awareness about healthy lifestyle among consumers has resulted in an increased demand for nutritious food, which will further boost product sales during the forecast period.
Lid Type Air Fryer:
Lid type air fryer is a cooking appliance which has a hinged cover that seals out the light and protects the food from exposure to air, this helps in fast and even browning of the food. The lid also acts as an indicator that shows when the food is ready. It can be used for both oil free and oil based foods.
Application Insights:
The commercial category held the largest share of over 70.0% in 2017. Airfryers are widely used in restaurants, hotels and other food service industries as they help to cook a variety of foods without the use of oil or grease. The cooking process uses hot air and cold water which helps retain the nutrition content in vegetables, poultry & meat products while reducing calories content.
Airfryer manufacturers are introducing new models with advanced features such as adjustable temperature control system that allows users to set appropriate temperature for different types of food items to be cooked so that they remain crisp and golden brown on the outside while being tender and juicy on inside.
Regional Analysis:
North America dominated the global airfryer market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to growing awareness regarding health and dieting issues among consumers in U.S., Canada, and Mexico. Moreover, increasing number of product launches by key companies such as Cuisinart; Prestige; Philips Airfryer; Ninja Food Products Inc.; Newell Brands Inc.
Asia Pacific is expected to be one of the fastest growing regions during 2018 - 2030 due to increasing purchasing power parity (PPP) in countries like China, India, Japan etc.
Growth Factors:
- Increasing demand for healthy and convenient food options: The airfryer is a healthier option as it uses less oil than traditional frying methods. This makes it a convenient option for those looking for a healthy alternative to fried foods.
- Rising popularity of cooking shows: Airfrying has become popular due to the increasing popularity of cooking shows, which have helped to educate consumers about the benefits of air frying.
- Growing demand from millennials: Millennials are increasingly interested in cooking at home and are more likely to purchase an air fryer than older generations. This growing demand is helping to drive the growth of the air fryer market.
- Advances in technology: Air fryers continue to evolve, with new features being added all the time. This helps keep consumers interested in purchasing new models, driving market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airfryer Market Research Report
By Type
Drawer Type Air Fryer, Lid Type Air Fryer, Oven Type Air Fryer
By Application
Household, Commercial
By Companies
Philips, SEB, Hyundai, Joyoung, Midea, Liven, LOCK&LOCK, Royalstar, BIYI Group, Hongxin, Zhejiang Suteng Industiral and Trading co.,ltd., Breville, GoWise USA, Cuisinart（Conair）, Delonghi, German Pool Group, Avalon Bay, YEDI, Vonshef（DOMU）
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Airfryer Market Report Segments:
The global Airfryer market is segmented on the basis of:
Types
Drawer Type Air Fryer, Lid Type Air Fryer, Oven Type Air Fryer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- SEB
- Hyundai
- Joyoung
- Midea
- Liven
- LOCK&LOCK
- Royalstar
- BIYI Group
- Hongxin
- Zhejiang Suteng Industiral and Trading co.,ltd.
- Breville
- GoWise USA
- Cuisinart（Conair）
- Delonghi
- German Pool Group
- Avalon Bay
- YEDI
- Vonshef（DOMU）
Highlights of The Airfryer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Drawer Type Air Fryer
- Lid Type Air Fryer
- Oven Type Air Fryer
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airfryer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airfryer is a kitchen appliance that cooks food in the air using infrared radiation. It is similar to an oven, but instead of using heat from the stovetop, it uses a remote control.
Some of the major players in the airfryer market are Philips, SEB, Hyundai, Joyoung, Midea, Liven, LOCK&LOCK, Royalstar, BIYI Group, Hongxin, Zhejiang Suteng Industiral and Trading co.,ltd., Breville, GoWise USA, Cuisinart（Conair）, Delonghi, German Pool Group, Avalon Bay, YEDI, Vonshef（DOMU）.
The airfryer market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airfryer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airfryer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airfryer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airfryer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airfryer Market Size & Forecast, 2020-2028
4.5.1 Airfryer Market Size and Y-o-Y Growth
4.5.2 Airfryer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Drawer Type Air Fryer
5.2.2 Lid Type Air Fryer
5.2.3 Oven Type Air Fryer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airfryer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airfryer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Drawer Type Air Fryer
9.6.2 Lid Type Air Fryer
9.6.3 Oven Type Air Fryer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Drawer Type Air Fryer
10.6.2 Lid Type Air Fryer
10.6.3 Oven Type Air Fryer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Drawer Type Air Fryer
11.6.2 Lid Type Air Fryer
11.6.3 Oven Type Air Fryer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Drawer Type Air Fryer
12.6.2 Lid Type Air Fryer
12.6.3 Oven Type Air Fryer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Drawer Type Air Fryer
13.6.2 Lid Type Air Fryer
13.6.3 Oven Type Air Fryer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airfryer Market: Competitive Dashboard
14.2 Global Airfryer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 SEB
14.3.3 Hyundai
14.3.4 Joyoung
14.3.5 Midea
14.3.6 Liven
14.3.7 LOCK&LOCK
14.3.8 Royalstar
14.3.9 BIYI Group
14.3.10 Hongxin
14.3.11 Zhejiang Suteng Industiral and Trading co.,ltd.
14.3.12 Breville
14.3.13 GoWise USA
14.3.14 Cuisinart（Conair）
14.3.15 Delonghi
14.3.16 German Pool Group
14.3.17 Avalon Bay
14.3.18 YEDI
14.3.19 Vonshef（DOMU）
