A recent report published by Infinium Global Research on air fryer market provides in-depth analysis of segments and sub-segments in the global as well as regional air fryer market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional air fryer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global air fryer market. According to the report, the global air fryer market is projected to grow at a CAGR of 7.1% over the forecast period of 2019-2025.
An air fryer is a modern method to cook food with lesser oil. Cholesterol conscious people are more beneficial with the use of these air fryer market. There are a variety of air fryers available in the market. The key players in the air fryer market are adopting strategic partnerships to expand its product range and maximize market share. Adding to this, many players are more focused on research and development to innovate new products with improved features. Technology is one of the major factor affecting the air fryer manufacturers. Technology provides new smart features that can make it easier to use an air fryer.
The rising number of health-conscious people preferring for oil-free food drives the growth of the air fryer market. The increasing disposable income, rising working population, and greater availability of products contribute to the growth of the air fryer market. The increasing awareness about various smart features of kitchen appliances stimulates the growth of the air fryer market. The rising concern regarding the cholesterol level in the human body propels the growth of the air fryer market. Food manufacturers are focusing on new product launches and advertisements for a variety of products on television to reach a maximum number of customers. On the other side, air fryer requires a slower cooking time. In addition, air fryer has high costs and a limited number of recipes. These factors hamper the growth of the air fryer market. Moreover, rising demand from commercial kitchens and technological advancement creates numerous opportunities for the air fryer market.
Geographically, the air fryer market is segmented into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is anticipated to have a dominant share in the global air fryer market. Asia-Pacific region has the presence of leading air fryer manufacturers and increasing demand for smart kitchen appliances contribute to the growth of the global air fryer market. North America is expected to grow in the global air fryer market over the forecast period.
The report on global air fryer market covers segments such as product type, application, and distribution channel. On the basis of product type, the sub-markets include digital, and manual. On the basis of application, the sub-markets include residential, and commercial. On the basis of distribution channel, the sub-markets include online channels, retailers, specialty stores, and malls.
The report provides profiles of the companies in the market such as Koninklijke Philips N.V., De'Longhi America Inc., Bajaj Electricals Limited, Pigeon Corporation, Meyer Corporation, Tatung Company of America, Inc., Groupe SEB’s (Krups), Avalon Bay, American Micronic Instruments, Ming's Mark Inc., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of air fryer market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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