The global Air Fryer Market is expected to rise at a significant CAGR 7.4%
Market
Overview:
In addition,
the global air fryer market is expected to rise at a
significant CAGR with a significant value over the estimated the forecasting
year of 2022-2030.
An air fryer is
similar to a microwave oven. It can bake and roast, with the main difference
being its heating elements, which are positioned on the upper side with a
powerful fan, making the food very crunchy and crispy in no time while using
less oil and deep-frying. Air fryers heat up quickly and cook food evenly and
quickly, thanks to the dual combination of concentrated heating and the precise
placement of the appropriate-sized fan.
The air fryer
market has been increasingly popular in
recent years due to various variables. Air fryers are now being used in home
and commercial settings to prepare healthier versions of deep-fried foods.
Traditional deep fryers are being phased out in favor of air fryers. Compared
to deep fryers, air fryers utilize a fraction of the oil while maintaining the
same flavor and texture. A reduction in oil consumption is favorable to human
health.
Many studies
have linked increased fat consumption from vegetable oil to several health
problems, including inflammatory illnesses, diabetes, and other lifestyle
issues. Air fryers assist in eliminating high-fat, high-calorie oils from the
cooking process. To remove the moisture from the food, these fryers use hot air
loaded with very small oil droplets. As a result, air-fried food shares many of
the same features as deep-fried cuisine but substantially less fat. The
worldwide air fryer market is predicted to grow faster than the hospitality
industry. Market expansion will be aided by the rise of the gastronomy industry
in the coming years. Active competitors in the industry have been able to
survive in the highly competitive consumer-centric sector thanks to ongoing
innovation in product performance and functionality and continuous consumer
input.
Market
Segmentation:
According to
the latest air fryer market report, the global market has been
divided into end-user, distribution channel, and regional basis. With the
end-user section, the market has been divided into residential and commercial.
According to the distribution channel, the market has been divided into
store-based, supermarkets & hypermarkets, specialty stores, and
non-store-based. On a regional basis, the market is further divided into five
sections Asia-Pacific, North America, South America, Europe, and Middle East
& Africa.
Regional
Analysis:
Household
customers in China have purchased AI-based smart home equipment, such as smart
refrigerators and robotic cleaning products, due to increased disposable
income, dual-income homes, and lifestyle changes. China is one of the world's
largest marketplaces for home appliances, making it a desirable location for
smart home equipment. The Chinese household appliance industry has grown to be
worth billions of dollars. In China, per capita spending on modern household
appliances and consumer electronics has increased dramatically over the
previous decade.
Japan, behind
China, is one of the region's largest investors in smart home appliance
products. The market's expansion is being fueled by increased investment in
linked home devices and the high adoption of smart home appliances due to
increased awareness.
Voice
assistants and artificial intelligence are producing substantial disruptions in
all smart home products; in particular, the smart home appliances industry has
seen exceptional growth in recent years. Household cleaning robots are rapidly
becoming a reality in Japan. Consumers have begun to welcome vacuum robots into
their homes, following the lead of AI-powered smart speakers.
Industrial News:
The Key air fryer
Market Players is consolidated. Mid-size and
smaller businesses are expanding their market presence by gaining new contracts
and tapping new markets thanks to technical improvements and product
innovations.
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