Global Deep Fryers Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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The Deep Fryers Market Report has been segmented on the basis of capacity, end-user, sales channel, and region.
Deep Fryers Market: Overview
Deep Fryers Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
A deep fryer is a kitchen appliance that is used to heat oil and immerse the food for frying. These fryers aid to cook fast food and make it crispy and it comes with a basket that caters to dipping food in and out while frying.
Deep Fryers Market: Dynamics
Deep fryers are becoming essential parts of kitchens of the foodservice industry as well as households, owing to the increasing consumption of cross-cultural fast food, which is one of the key factors expected to support revenue growth of the target market.
These fryers come with various features such as an audible alarm to prevent over-cooking of food, ventilation systems in order to reduce the odor of the frying, oil filters that aid to increase the usable life of the oil, etc.
These features are expected to fuel demand for commercial as well as household deep fryers over the forecast period. The rapid growth of the food service industry is another factor projected to augment the growth of the global market.
Increasing usage of the Internet has led to awareness regarding the availability of various deep fryers on websites which are expected to propel the growth of the e-commerce channel, which turns into the growth of the global market.
Expansion of the retail food outlets in developed as well as developing countries is another factor expected to fuel target market growth over the forecast period.
However, fragmentation of the global market is comparatively high which is a key factor expected to hamper growth of the target market.
Moreover, increasing awareness regarding healthy lifestyle among young population has led to increased consumption of less-oil cooking food which another major factor expected to hinder the growth of the global market.
Global Deep Fryers Market: Segment Analysis
Among capacity, the up-to 2L segment is expected to witness moderate growth, owing to increasing demand for deep fryers among small food service outlets and households.
Among sales channel, the e-commerce segment is expected to account for a significant revenue share of the global market, owing to various discounts offered by sellers.
Among end-user, the household segment is projected to witness substantial growth, owing to its characteristics including convenience to use and aids to prepare hygienic fast food at home.
Global Deep Fryers Market: Regional Analysis
Increasing consumption of on-the-go food especially among the working population is a major factor expected to drive growth of the target market in North America.
In addition, high disposable income and spending it on premium goods or services is another factor expected to support growth of the regional market. The North American market is expected to dominate the global market over the forecast period.
Asia Pacific market for deep fryers is expected to witness substantial growth, owing to the changing lifestyle of the urban population coupled with rising disposable income.
Moreover, a growing number of fast-food retail chains is another factor expected to drive the growth of the global market in the region. The market in Europe is expected to witness moderate growth over the forecast period.
Global Deep Fryers Market Segmentation:
Segmentation by Capacity:
- Up-to 2L
- Above 14L
Segmentation by End-user:
Segmentation by Sales Channel:
- Direct sales
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- National Presto Industries, Inc.
- De’Longhi Appliances S.r.l
- Bayou Classic Fryers
- Henny Penny
- Welbilt, Inc.
- Skyline home appliances
- Panasonic corporation
- Breville Group Limited
- Hamilton Beach Brands, Inc.
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