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Air Fryer Market by Component (Solutions and Servi...
Air Fryer Market by Component (Solutions and Services), Product (Enterprise Wearable Devices, Middleware Software, Cloud Platforms, and Business Solutions), Organization Size (Small-& Medium-sized Enterprises and Large Enterprises), and Industry Vertical (BFSI, Healthcare & Life Sciences, Telecommunications &IT, Government & Public Sector, Manufacturing, Consumer Goods & Retail, Media & Entertainment, and Others) by Region, And Segment Forecast, 2023 – 2030
The Global Air Fryer Market is Anticipated to reach USD 1665.29
Billion by 2030 from an estimated USD 959.18 Billion in 2023, at a CAGR of 8.20%
between 2023 and 2030
The air fryer market refers to the industry that produces and sells air fryers, which are kitchen appliances that use hot air to fry food instead of oil. The scope of the air fryer market includes the manufacturing, distribution, and sale of air fryers to consumers, retailers, and other businesses. It also includes related products and services such as air fryer accessories, maintenance and repair services, and marketing and advertising efforts to promote air fryers to potential customers. The air fryer market is growing rapidly due to increasing consumer demand for healthier cooking options and the convenience and versatility of air fryers.
The air fryer market is a rapidly growing industry with several key trends that are shaping its future. Here are some of the most significant trends in the air fryer market:
Increasing health consciousness: As consumers become more health-conscious, they are looking for cooking methods that use less oil and produce healthier food. Air fryers are seen as a healthier alternative to deep frying, and their popularity is expected to continue to grow.
Growing demand for convenience: Busy lifestyles are driving the demand for kitchen appliances that are easy to use and require less preparation time. Air fryers are a popular choice because they can cook food quickly and with minimal effort.
Technological advancements: Manufacturers are investing in research and development to create air fryers with more advanced features, such as smart controls, multiple cooking functions, and improved energy efficiency.
Shift towards online retail: Online retailers are becoming increasingly popular for purchasing air fryers, as consumers can easily compare prices and read reviews. Manufacturers are also using online channels to market and sell their products directly to consumers.
Expansion into commercial markets: Air fryers are no longer just a household appliance, but are also being used in commercial settings, such as restaurants and foodservice operations. This trend is expected to continue as the demand for healthier food options grows.