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“Global Air Fryer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global Air fryer market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global air fryer market report has been segmented on the basis of product type, distribution channel, application, and region.
Request Covid - 19 ImpactThis report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the global market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global air fryer market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Overview:Air fryers is an electronic kitchen appliance that offers food frying function with minimum oil by circulating hot air using the convection mechanism in order to fry the food.
Dynamics:Increasing concerns about cholesterol level in human body among individuals across the globe is a key factor expected to drive growth of the global air fryer market over the forecast period. Rising consumption of healthy food among individuals across the globe is resulting into rising demand for air fryer and is expected to boost growth of the global air fryer market in the near future. In addition, increasing demand for frozen ready meal and already-fried-and-frozen foods across the globe, owing to increasing disposable income level is expected to support growth of the target market during the forecast period. Increasing focus of food manufacturer towards introduction new products and promotional activities such as television advertisements for various products. Moreover, increasing customized air fryer products that are compatible with various type of food products by manufacturers to meet customized demand of end users across the globe is expected to proliferate growth of the global air fryer market in the next 10 years. Furthermore, research & development activities, and technological innovations such as smart air fryer is expected to support market penetration and may result in growth of the target market in the near future. However, high product cost, slow frying time, and limited food recipes compatibility with air fryer are major factors expected to restraint growth of the global market. In addition, availability of cost effective substitute products is expected to hamper growth of target market to a certain extent.
Segment Analysis:On the basis of product type, the digital segment is expected to dominate the global air fryer market, owing to increasing adoption of technologically advanced air fryers among end users across the globe. On the basis of distribution channel, the supermarkets segment is expected to dominate in the global market, owing to increasing availability of air fryers at supermarkets across the globe. On the basis of application, the residential segment is expected to dominate in the global market, owing to growing demand for air fryers for residential use owing to increasing awareness about health benefits offered by air fryer among individuals across the globe.
Regional Analysis:Market in Asia Pacific is expected to dominate the global market, owing to high presence of leading manufactures and increasing end user base in countries in the region. Market in North America is projected to register highest growth in terms of revenue over the next 10 years, owing to increasing demand for smart air fryers among end users in countries such as US and Canada in the region. The market in Europe region is estimated to register lucrative growth in the global market followed by market in Latin America and Middle East & Africa, owing to increasing investments in electronics research and development (R&D) to provide technological solutions that cater customized end user requirements.
Global Air Fryer Market Segmentation:Segmentation by Product Type: Digital Manual Segmentation by Distribution Channel: Online E-commerce Retailers Company Website Offline Hypermarkets/Supermarkets/ Malls Specialty Stores Multi–Brand Retailers Segmentation by Application: Residential Commercial
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Air Fryer Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...