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Exploring Air Fryer Products and Technologies in Global Markets - A Comprehensive Analysis by BCC ResearchGlobal Demand for Air Fryer Products and Technologies to Grow at a 7.9% CAGR, Rising from $916.5 Million in 2023 BOSTON, Feb. 6, 2024 /PRNewswire/ -- Experience a culinary revolution with the innovative Air Fryer Convection Oven – a countertop marvel that transforms your cooking experience. Bid farewell to oil-drenched pots and pans as this versatile device creates irresistibly crispy and golden-fried delights without the guilt. Perfect for steaming and cooking veggies, it's a game-changer for health-conscious food enthusiasts, allowing them to savor favorites like chicken, steak, pork chops, fish, and vegetables with just a dash of salt and preferred herbs. What sets it apart? The magic lies in using less oil, making it an ideal choice for those mindful of their well-being. Not only does it offer a hygienic cooking solution, but the results are an exquisite fusion of crunchy exteriors and juicy interiors, all while retaining essential nutrients. The swift and mess-free operation of an air fryer, coupled with easy cleaning and maintenance, makes it a must-have for every kitchen. Say goodbye to conventional cooking woes as this culinary companion not only reduces fat consumption but also ensures a speedy, hassle-free, and safe cooking journey. Embrace a healthier lifestyle without compromising on taste, making the air fryer a trusted ally for your culinary adventures.  "According to the latest BCC Research study, the demand for Air Fryer Products and Technologies: Global Markets is estimated to increase from $916.5 million in 2023 to reach $1.34 billion by 2028, at a compound annual growth rate (CAGR) of 7.9% from 2023 through 2028." This comprehensive report meticulously dissects the global air fryer products and technology markets, employing a thorough segmentation strategy based on function, fryer type, capacity, distribution channel, end user, and region. By delving into the realms of manual and digital air fryers under the function category, and further categorizing fryer types into basket, oven, and hybrid, the report offers a nuanced understanding of market dynamics. Capacity-wise, segmentation ranges from less than 1 quart to 5 quarts, 5 quarts to 10 quarts, and over 10 quarts, providing insights into varied consumer needs. The distribution channel is dissected into online and offline, while end users are categorized as residential and commercial. Geographically, the report explores North America, Europe, Asia-Pacific, and RoW (Africa, South America, and the Middle East). Utilizing 2022 as the baseline, the report forecasts market data from 2023 to 2028, offering a glimpse into the anticipated growth trajectory. Vital information on the market's current size, leading companies, end-user preferences, and geographical opportunities enriches this insightful analysis, making it an indispensable resource for industry stakeholders. Air fryers have emerged as a revolutionary kitchen appliance, significantly reducing oil consumption by utilizing a mere 5% or sometimes no oil in comparison to traditional deep-frying methods. This not only promotes healthier eating habits but also aligns with environmental consciousness by consuming only 15-20% of the energy used by deep fryers, contributing to reduced electricity consumption. The versatility of air fryers is evident in the coverage of Flex basket air fryers, designed to accommodate larger quantities of a single food variety or smaller quantities of two varieties simultaneously. The report also highlights key players offering Flex basket, single, and dual basket air fryers globally, providing valuable insights into regional preferences and market leaders. Air fryers, unlike conventional ovens and deep-fried appliances, come in various sizes, catering to different family needs based on their regular food preparation capacities. The coverage extends to different capacities and major players in top countries worldwide, offering a comprehensive guide for consumers. Additionally, the report delves into the rising popularity of Hybrid air fryers, combining air frying capabilities with other cooking options such as pressure cooking and grilling. The inclusion of players in different countries and region-wise leaders for hybrid air fryers, along with top countries information, enhances the understanding of this evolving market segment. Explore the full report on the burgeoning Air Fryer Products and Technologies market for comprehensive insights and forecasts – click here to Learn More. Key Drivers of Air Fryer Products and Technologies: Global Markets Convenient and Time-Saving Air Fryers: The surge in the popularity of air fryers can be attributed to their unmatched convenience and time-saving features. As modern lifestyles become increasingly hectic, consumers are drawn to kitchen appliances that streamline the cooking process. Air fryers, with their quick and efficient cooking capabilities, provide a convenient solution for individuals seeking to prepare delicious and healthy meals without compromising on time. Increasing Use of Advanced Technology by Consumers: A pivotal driver in the air fryer market is the growing adoption of advanced technology by consumers. As technology continues to evolve, consumers are inclined towards kitchen appliances that integrate smart features, user-friendly interfaces, and innovative functionalities. The incorporation of cutting-edge technology in air fryers enhances their performance, making them more appealing to tech-savvy individuals who prioritize efficiency and ease of use in their culinary pursuits. Rapid Expansion of E-commerce Worldwide: The global proliferation of e-commerce channels plays a significant role in propelling the air fryer market forward. The ease of online shopping, coupled with the availability of a diverse range of air fryer models, has contributed to the rapid growth of e-commerce sales in the kitchen appliance sector. Consumers now enjoy the convenience of researching, comparing, and purchasing air fryers from the comfort of their homes, fostering the market's expansion on a global scale. Request a Copy of the Air Fryer Products and Technologies: Global Markets Report. Report Synopsis
Segmentation Analysis: By Function Segmentation Analysis: The report categorizes air fryers based on function into two distinct types – Digital and Manual. Digital air fryers are equipped with advanced technological features, often including programmable settings and precision controls, catering to users who appreciate automated cooking processes. On the other hand, Manual air fryers offer a more hands-on approach, providing users with direct control over the cooking process. This segmentation allows consumers to choose air fryers that align with their preferred level of technological involvement in the kitchen. By Fryer Type Segmentation Analysis: The market segmentation based on fryer type encompasses three key categories – Basket type fryer, Oven type fryer, and Hybrid type fryer. Basket type fryers are designed for simplicity, offering a compact solution for frying with a basket-style container. Oven type fryers provide a spacious cooking environment, resembling traditional ovens but with air frying capabilities. Hybrid type fryers, a rising trend, combine air frying functionalities with additional cooking options such as grilling or pressure cooking, offering versatile solutions to culinary enthusiasts. By Capacity Segmentation Analysis: The report further segments air fryers based on capacity into three ranges – 1 quart to 5 quarts, 5 quarts to 10 quarts, and Over 10 quarts. This classification addresses the diverse needs of consumers with varying cooking requirements. It enables individuals or families of different sizes to select air fryers that best suit their regular food preparation quantities, providing a tailored approach to kitchen appliances. By Distribution Channel Segmentation Analysis: The distribution channel segmentation includes Online and Offline categories. The Online channel reflects the growing trend of e-commerce, offering consumers the convenience of browsing, comparing, and purchasing air fryers through online platforms. In contrast, the Offline channel encompasses traditional retail outlets, ensuring accessibility for consumers who prefer a hands-on shopping experience or immediate product availability. End User Segmentation Analysis: The segmentation by End User distinguishes between Residential and Commercial users. Residential users include individuals and families seeking air fryers for home kitchens, emphasizing factors like convenience and family meal preparation. Commercial users, on the other hand, cater to businesses and professional kitchens where larger capacities and durability are paramount considerations. Regional Segmentation Analysis: Geographical segmentation covers North America, Europe, Asia-Pacific, and Rest of the World. This segmentation acknowledges regional variations in consumer preferences, market trends, and economic factors, providing a comprehensive understanding of the global landscape for air fryer products and technologies. This report on the Air Fryer Products and Technologies: Global Markets provides comprehensive insights and analysis, addressing the following key questions: 1. What is the projected market size and growth rate of the market? Global air fryer products and technology markets is projected to grow from $858 million in 2022 to $1.3 billion in 2028 at a compound annual growth rate (CAGR) of 7.9% during the forecast period 2023 to 2028. 2. What are the key factors driving the growth of the market? The key factors driving the growth of the global air fryer products and technology markets include air fryers are convenience and time saving, increasing use of advanced technology by the consumers, rapid expansion of e-commerce worldwide. 3. What segments are covered in the market?
4. By function type of air fryers, which segment will dominate the market by the end of 2028? Digital type air fryers segment is already dominating and is likely to continue its dominance till 2028. 5. Which region has the highest market share in the market? North America holds the highest share of the market. Some of the Key Market Players Are:
Browse More Related Reports: Global Digital Food Management Market: This comprehensive report navigates the dynamic landscape of the global digital food management market, employing a meticulous segmentation strategy based on application type and geographical regions. Using 2022 as a reference point, the report forecasts market data from 2023 to 2028, offering valuable insights into the industry's evolution. The segmentation based on application type encompasses inventory management, product development, marketing, and other key aspects of digital food management. Geographically, the report explores North America, Europe, Asia-Pacific, and RoW (South America, the Middle East, and Africa), recognizing the diverse regional dynamics at play. Revenue forecasts for the specified market segments are provided, with estimated values derived from the total revenue of solutions and service providers. This analysis equips stakeholders with a comprehensive understanding of the global digital food management market, allowing them to navigate emerging trends and make informed decisions in this rapidly evolving sector. Global Kitchen Robotics and Automation Market: This insightful report meticulously dissects the global kitchen robotics and automation market, employing a strategic segmentation approach based on product type, component type, end user, and region. Utilizing 2022 as the benchmark, the report forecasts market data from 2023 to 2028, providing a comprehensive analysis of emerging trends. The market is categorized by product type into collaborative, cylindrical, articulated, and others, showcasing the diverse range of kitchen robotics and automation solutions. Further segmentation by component type includes hardware and software, while automation levels are divided into fully automatic and semiautomatic, catering to varied user preferences. The end-user classification spans both commercial and residential sectors, acknowledging the broad applications of kitchen robotics. Geographical regions studied encompass North America, Europe, Asia-Pacific, and the rest of the world (RoW), consisting of South America, the Middle East, and Africa. Revenue forecasts for each segment from 2023 to the end of 2028 are provided, with estimates derived from the total revenues of industry providers, offering stakeholders valuable insights into the evolving dynamics of the global kitchen robotics and automation market. Directly Purchase a copy of the report with BCC Research. For further information or to make a purchase, please get in touch with [email protected]. About BCC Research BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts' goal is to help you make informed business decisions, free of noise and hype. Contact Us For media inquiries, email [email protected] or visit our media page for access to our market research library. Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. Logo: https://mma.prnewswire.com/media/2183242/BCC_Research_Logo.jpg
SOURCE BCC Research LLC 
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