Global Airfryer Market Growth 2023-2029

Global Airfryer Market Growth 2023-2029

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).
LPI (LP Information)' newest research report, the “Airfryer Industry Forecast” looks at past sales and reviews total world Airfryer sales in 2022, providing a comprehensive analysis by region and market sector of projected Airfryer sales for 2023 through 2029. With Airfryer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Airfryer industry.
This Insight Report provides a comprehensive analysis of the global Airfryer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Airfryer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Airfryer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Airfryer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Airfryer.
The global Airfryer market size is projected to grow from US$ 1097.9 million in 2022 to US$ 1757.3 million in 2029; it is expected to grow at a CAGR of 1757.3 from 2023 to 2029.
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
This report presents a comprehensive overview, market shares, and growth opportunities of Airfryer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Drawer Type Air Fryer
Lid Type Air Fryer
Oven Type Air Fryer
Segmentation by application
Household
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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）

Key Questions Addressed in this Report
What is the 10-year outlook for the global Airfryer market?
What factors are driving Airfryer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Airfryer market opportunities vary by end market size?
How does Airfryer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.