Air Fryer Market Analysis

Air Fryer Market Analysis

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Based on device type, the market is divided into manual and automatic. The mobile crushers segment is expected to grow at a CAGR of around 7.5% during the forecast period. This growth is attributed to the fact that manufacturers are introducing models with advanced features that automate cooking processes. These air fryers come with pre-programmed cooking modes, temperature & time settings, and sensor-based technology. The automation simplifies cooking, ensuring consistent and precise results. Consumers are increasingly seeking convenient cooking solutions, and automatic air fryers fulfill this need, making them a popular choice in the market. This growth is further driven by the desire for hassle-free meal preparation and consistent cooking outcomes.
 

Based on end user, the market is categorized into residential and commercial. The residential segment was valued at over USD 600 million in 2022. With more consumers choosing to cook at home, air fryers have gained popularity in residential applications due to their convenience and health-conscious cooking. As people seek healthier alternatives to traditional frying methods, air fryers offer a solution of using less oil or even none. The residential segment in this market is witnessing further growth as consumers appreciate the compact design of air fryers that suit smaller kitchens. This demand for healthier and space-efficient cooking appliances is fueling market expansion.
 

North America held a dominant market share of over 35% in 2022. The region held a market share of around 30% in 2022 and is slated to register significant growth over the forecast period. A growing health-conscious consumer base in the region is increasingly adopting air fryers as a healthier cooking alternative. The convenience and time-saving aspects of air fryers are appealing to busy North American households. This combination of health awareness, convenience, increasing technological advancements, and market availability is propelling the North America air fryer market growth. For instance, in September 2023, Typhur Inc. introduced the Typhur Dome, a smart air fryer designed for modern home cooks. This multifunctional appliance is app-compatible, self-cleaning, and features an innovative domed design.