Skip to main content

Air Fryer Market Estimated to Exhibit 6.8% CAGR through 2027

Major air fryer manufacturers are focusing on innovative consumer-centric solutions to leverage key profit opportunities.
The global air fryer market will grow at 6.8% CAGR through 2027, witnessing a very promising growth outlook during the forecast period (2019 - 2027). According to a new study by Future Market Insights (FMI), the market for air fryer is largely influenced by increasing health concerns, awareness about the benefits of lo-oil or oil free foods, and rising demand from the commercial sector.
"Key players will focus on product development, driven by advances in technology from manufacturers across the globe. In addition, new entrants will focus on economical technologies, to bolster their market position," reveals the FMI report.
Key Research Findings
  • Digital air fryers will remain highly preferred devices through the forecast period, attributable to superior functionality.
  • Mid-range or economy air fryers will continue to witness healthy demand growth on the basis of sales.
  • Online sales platforms are also gaining traction owing to options of product comparisons, more designs, and lower prices.
  • Europe followed by North America will remain the leading regional markets through the forecast period, driven by rising consumer health awareness.
Key Growth Drivers
  • Rising health consciousness among consumers, and popularity of low-oil or oil-free foods plays a major role in the growth of market.
  • High demand from the commercial sector including restaurants and hotels contributes to global growth.
  • Advancements in tech functionalities such as temperature sensors, thermostat control and multiple cooking functions contribute to market growth.
  • Sales of new innovative air fryers supported by higher disposable incomes will drive adoption.
Key Impediments
  • The slower cooking times associated with air fryers will remain the key challenge for market players.
Competition Structure Analysis - Air Fryer Market
The competition landscape of MEMS market remains moderately fragmented. Key producers are in vesting in online advertisements and celebrity endorsements to bolster brand awareness. Manufacturers are also pushing for product launches and innovation with research and development efforts.
Some of the key players in the air fryer market include, but are not limited to Pigeon Corporation, Cuisinart, Stanley Black & Decker Inc., Avalon Bay, DOMU Brands Ltd., Groupe SEB, NuWave LLC, Koninkllijke Philips N.V., TTK Prestige Ltd., De'Longhi S.p.A., GoWISE USA, Tefal, Breville, SharkNinja Operating LLC, and DASH.
Explore Future Market Insights' detailed coverage on,
Male Color Cosmetics Market- This research report provides an in-depth range of insights which identify revenue sectors, key strategies, and potential growth opportunities, associated with male color cosmetics.
Herbal Beauty Products Market- This report includes a detailed analysis on competitive scenarios, and essential information on major players in the Europe and Asia Pacific herbal beauty products market.
Shisha Tobacco Market- This write up encompasses detailed secondary research, which is used to estimate key industry players, overall size of the shisha tobacco market, and relevant industry associations.
Gain access to Market Ngage, an AI-powered, real-time business intelligence platform that goes beyond the conventional research solutions to solve the complex strategy challenges that organizations face today.
About the Report
This report offers global, regional, and national level analysis on the latest trends in the industry influencing the market. The study provides actionable insights on the air fryer market on the basis of product type (manual and digital), end use (household and commercial), sales channel (direct sales, supermarket/hypermarket, department stores, specialty stores, online, and others), price (high and mid-range/economy) across 30 countries spanning six key regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA).
Press-Release Source – https://www.accesswire.com/582674/Air-Fryer-Market-Buoyed-by-Digitalization-and-E-commerce-Global-Sales-to-Expand-at-68-CAGR-Through-2027-Says-a-New-Future-Market-Insights-Study
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Contact:
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com

Comments

Post a Comment

Popular posts from this blog

Medical Gloves Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

 The medical gloves market has witnessed significant growth and evolution, especially in recent years, due to the global healthcare challenges, including the COVID-19 pandemic. Medical gloves are crucial protective equipment used by healthcare professionals to prevent the transmission of infections, maintain hygiene standards, and ensure the safety of both patients and medical personnel. This market encompasses a wide range of glove types, including latex, nitrile, vinyl, and others, each with its unique features and applications. One of the key drivers of the medical gloves market is the increasing focus on infection prevention and control in healthcare settings. The heightened awareness of the importance of hand hygiene, especially in the wake of the pandemic, has led to a surge in demand for medical gloves worldwide. Healthcare facilities, including hospitals, clinics, and laboratories, require a steady and reliable supply of gloves to maintain safety protocols an...
Post a Comment
Read more

Aircraft Tire Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2031

 ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global  aircraft tire market  for the forecast period 2021-2031. According to the report, the market is expected to post impressive gains, expanding at a CAGR exceeding  6%  throughout the forecast period. Increasing production of narrowbody and widebody aircrafts are spurring demand. The market posted steady growth in historical period, backed by the high demand of bias ply aircraft ties from military aviation industry. Consistent demand for narrowbody aircrafts backed by the high demand from defense and military sector across the U.S., India, China, and Germany bolstered the market growth. Request a Sample of this Report @   https://www.futuremarketinsights.com/reports/sample/rep-gb-6112 Competitive advantage of bias ply over radial ply in providing higher strength, stability and ground traction will continue to fuelling the demand for former over t...
Post a Comment
Read more

Sales of Commercial Aircraft Video Surveillance Systems to Decelerate in 2020 as COVID 19 Pandemic Takes its Toll on Global Market

  Market Introduction Future Market Insights, in its recent study on the  Commercial Aircraft Video Surveillance Systems market,  offers a detailed value-volume analysis of the Commercial Aircraft Video Surveillance Systems market on the basis of various segments such as product type, application, aircraft type, assembly and region. In terms of product type, cabin surveillance systems is projected to be a lucrative segment in terms of growth opportunities and are mostly being installed in the line fit assembly applications in the commercial aircraft video surveillance systems. To Get the Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5202 There has been significant growth in the number of freighter planes due to expanding e-commerce and pharmaceutical sectors and outperforming global trade growth. From a macroeconomic point of view, demand for commercial aircrafts is anticipated to more than double in the next two decade...
1 comment
Read more