Air Fryer Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)

The global air fryer market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The adoption of air fryers is expected to rise robustly owing to advancements in technological functionalities such as temperature sensors, touchpads, LED screens, multiple cooking functions, time-saving functionalities contribute to market growth. Moreover, the demand for energy-efficient air fryers appliances is also expected to have a positive outlook on market growth. Key players are focusing on product development, driven by these advances in technology across the globe. For instance, in September 2020, Shark Ninja introduced Ninja Foodi 2-Basket Air Fryer. The product features a two-basket cooking system for additional flexibility as compared with traditional air fryers. Foodi 2-Basket Air Fryer comes with 8-quart capacity and DualZone technology which allows the user to cook two foods with mix and match six cooking functions. 

Along with functionality like intelligent sensors, adjustable thermostat control, touch screen panel, manufacturers are also focusing on smart kitchen devices which comes with smart functionality like scheduling cooking, Cordless and Remote functionality, voice command and more are also driving the demand for air fryer. For instance, in March 2021, Proscenic launches the T21 family-sized air fryer with smart features. The T21 Smart Air Fryer is an app-compatible appliance and work via ProscenicHome app. Its smart functionality allow user to schedule cooking which can be done by phone as a remote control. It also offers Alexa and Google Home compatibility which enables voice command.

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Market Coverage

•The market number available for – 2023-2030

•Base year- 2023

•Forecast period- 2024-2031

Segment Covered- 

• By Product Type
• By Type
• By End-Users
• By Distribution Channel

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

•Competitive Landscape- including Breville USA, Inc., Dash, LLC (StoreBound LLC), Koninklijke Philips N.V., NuWave, LLC, SharkNinja Operating LLC, and others.

Air Fryer Market Report Segment

By Product Type

•Paddle Type Air Fryer

•Basket Type Air Fryer 

•Oven Type Air Fryer 

By Type

•Digital Air Fryer

•Manual Air Fryer

By End-Users

•Residential

•Commercial

By Distribution Channel

•Online

•Offline

A full Report of Air Fryer Market is Available @  https://www.omrglobal.com/industry-reports/air-fryer-market

Air Fryer Market Report Segment by Region

North America                                                                                                                                                                            

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•Latin America

•Middle East and Africa 

Company Profiles 

• American Micronic Instruments (India) Private Ltd.
• Arovast Corporation
• Bajaj Electricals Ltd. 
• Cherry Home
• Corelle Brands LLC
• Cuisinart
• De’Longhi Group
• DOMU Brands Ltd.
• Gourmia, Inc
• GoWISE USA
• Groupe SEB USA
• Havells India Ltd.
• Ming’s Mark Inc.
• Newell Brands, Inc.
• NUTRICOOKWORLD.COM (Caliber Brands General Trading L.L.C)
• Shenzhen Pusensi Technology Co., Ltd.
• Tatung Company of America, Inc.
• TEFAL S.A.S
• Texet Technologies Pvt. Ltd.
• The Black & Decker Corporation (Spectrum Brands Holdings, Inc.)
• TTK Prestige Ltd
• UNITED GAIN LIMITED

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Article source: https://article-realm.com/article/Business/56489-Air-Fryer-Market-is-Anticipated-to-Increase-at-a-Stable-CAGR-over-the-Forecast-Period-2023-to-2030.html