Global Airfryer Market Research Report 2023(Status and Outlook)

Global Airfryer Market Research Report 2023(Status and Outlook)

Report Overview

An air fryer is a kitchen appliance that cooks by circulating hot air around the food using the convection mechanism. It is a smaller version of the convection oven. A mechanical fan circulates the hot air around the food at high speed, cooking the food and producing a crispy layer via the browning reactions of caramelization and the Maillard reaction. The Maillard reaction requires temperatures of between 280-330°F (140-165°C), while caramelization temperatures depend on the sugar being caramelized and range from 230-360°F (110-180°C).

From the view of region, North America have a larger market share in 2019 which account for 54.81%, and will witness a stable growth in following years. Europe hold a market share of 27.74%. The world Top 5 players in the Airfryer market are Philips, SEB, Hyundai, Joyoung, Midea. These Top companies currently account for more than 42% of the total market share. Looking to the future years, prices gap between different brands will change. Similarly, there will be fluctuation in gross margin

The Global Airfryer Market Size was estimated at USD 1050 million in 2022 and is projected to reach USD 1653.26 million by 2029, exhibiting a CAGR of 6.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Airfryer market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Airfryer Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Airfryer market in any manner.

Global Airfryer Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Philips

SEB

Hyundai

Joyoung

Midea

Liven

LOCK&LOCK

Royalstar

BIYI Group

Hongxin

Zhejiang Suteng Industiral and Trading co.,ltd.

Breville

GoWise USA

Cuisinart（Conair）

Delonghi

German Pool Group

Avalon Bay

YEDI

Vonshef（DOMU）

Market Segmentation (by Type)

Drawer Type Air Fryer

Lid Type Air Fryer

Oven Type Air Fryer

Market Segmentation (by Application)

Highways

Construction Sites

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Airfryer Market

Overview of the regional outlook of the Airfryer Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors