Prominent Features of the Air Fryer Market Report for 2028
MarkNtel Advisors has recently published a research report titled Air Fryer Market for the forecast year, 2023-28. MarkNtel Advisors is a prominent provider of market research and business intelligence solutions. Our extensive range of reports and services caters to the needs of businesses, investors, and professionals seeking informed decision-making in dynamic and competitive markets.
Insights into the Air Fryer Market
According to the analysis conducted by MarkNtel Advisors, The Global Air Fryer Market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2023-28 Air Fryer Market. In the midst of rapid transformations within the Air Fryer market, it is imperative for businesses and investors to maintain a strategic advantage. Our report provides an in-depth examination of key market players, potential opportunities, and valuable insights, equipping our clients with the necessary information to make well-informed decisions amidst this dynamic environment.
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Market Dynamics
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.
Lucrative Segments in the Air Fryer Market
Clients seeking to enhance their returns in this market must make informed decisions. Keeping this in mind, our analysis examines potential investment hubs by considering projected demand, anticipated returns, profit margins, and market stability.
The Air Fryer Market is highly fragmented and bifurcates into the following segmentations:
By Product Type
-Cylindrical Basket Air Fryer
-Air Fryer Oven
- Of them all, the Cylindrical Basket air fryer would grow at a considerable rate during the forecast period due to the presence of a detachable basket in the device.
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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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia Pacific
- Of all the regions globally, North America acquired a major share of the market during the historical years and is projected to follow the same trend in the future.
Competitive Landscape of Air Fryer Market
The key players profiled in the research report are 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, NeWell Brands, German Pool Group, Yedi Houseware Appliances, Midea, JoYoung, Bajaj Electricals Ltd., Others., We at MarkNtel Advisors, diligently identify and analyze each and every prominent player, including their new product launch, merger in recent years, acquisitions, and collaborations if any. This aids our clients in making better projections and staying competitive in the market.
Customization Services
MarkNtel Advisors offer customization services on reports to the stakeholders & investors, covering all the relevant aspects required in a comprehensive, unbiased, accurate, & reliable manner. It aims principally to enable the players to curate all the fundamentals underlying the market potential in the future & make informed decisions & strategies.
Frequently Asked Questions
- What is the projections in CAGR for the forecast period?
- What trends are currently on the rise in the Air Fryer Market?
- How can companies leverage opportunities present in the Air Fryer Market?
- What regulatory factors are shaping the landscape of the Air Fryer Market?
- In what ways has technology impacted the Air Fryer Market environment?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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