Revolutionize Your Cooking with Air Fryer: Global Demand and Growth at 7.9% CAGR

WriterDaniel Roberts

6 February 2024

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Global Demand for Air Fryer Products and Technologies to Grow at a 7.9% CAGR, Rising from $916.5 Million in 2023

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. 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.

Key Points

  • Air fryers are a revolutionary kitchen appliance that significantly reduces oil consumption compared to traditional deep-frying methods.
  • Air fryers use only 5% or sometimes no oil, promoting healthier eating habits and environmental consciousness.
  • Air fryers consume only 15-20% of the energy used by deep fryers, contributing to reduced electricity consumption.
  • Air fryers come in various sizes and types, catering to different family needs and cooking capacities.
  • The market for air fryer products and technologies is projected to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2028.
  • The key drivers of the air fryer market include convenience and time-saving features, increasing use of advanced technology, and the rapid expansion of e-commerce worldwide.

Market Segmentation

The global air fryer products and technology market is segmented based on the following factors:

  • Function: Digital and Manual air fryers
  • Fryer Type: Basket type, Oven type, and Hybrid type
  • Capacity: Less than 1 quart to over 10 quarts
  • Distribution Channel: Online and Offline
  • End User: Residential and Commercial
  • Region: North America, Europe, Asia-Pacific, and RoW (Africa, South America, and the Middle East)

Takeaway

The demand for air fryer products and technologies is on the rise, driven by the convenience, health benefits, and energy efficiency they offer. With their ability to create delicious and crispy dishes with minimal oil, air fryers have become a must-have kitchen appliance for health-conscious individuals. The market is expected to grow at a steady pace, providing opportunities for manufacturers and consumers alike. Embrace the air fryer revolution and enjoy guilt-free, flavorful meals while contributing to a healthier lifestyle and a greener planet.

About the author
Daniel Roberts
Daniel Roberts
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Daniel Roberts is a prominent Air Fryer Tech Expert and Reviewer, celebrated for his insightful and comprehensive reviews. With an eye for innovation and a taste for culinary excellence, Daniel's articles offer more than just reviews; they provide a guide to healthier, tastier, and more efficient cooking methods.

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