Air Fryer Market Overview:
According to MRFR analysis, the global Air Fryer market is expected to register a CAGR of ~7.23% from 2022 to 2030 and hold a value of over USD 2.02 billion by 2030.
The Air Fryer Market mean refers to the average value of the market size of air fryers. This value is obtained by adding up the market sizes of all air fryer products sold in a specific period, usually a year, and dividing it by the total number of air fryers sold in that same period.
The air fryer market has been growing rapidly in recent years, driven by consumer demand for healthier cooking options and convenience. Air fryers are small kitchen appliances that use hot air circulation to cook food, similar to a convection oven, but with the added benefit of a compact and easy-to-use design.
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Key Players:
Some of the key market players are Koninklijke Philips N.V., Tatung Company of America, Inc., De’Longhi America Inc., Groupe SEB, Bajaj Electricals Limited, Cuisinart, SharkNinja Operating LLC, Breville Inc., Havells India Limited, and NuWave LLC
Market Segmentation:
The Global Air Fryer market has been segmented into End Users and Distribution Channels.
Based on the End Users, the market has been segmented into Residential and Commercial.
Based on the Distribution Channel, the market has been segmented into Store-Based, and Non-Store-Based
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Regional Analysis:
North America is the largest market for air fryers due to the high adoption rate of kitchen appliances and the increasing trend of health-conscious cooking. The United States is the major contributor to the North American air fryer market.
Europe is the second-largest market for air fryers. Countries like Germany, France, Italy, and the United Kingdom are the major contributors to the European air fryer market. The increasing trend of healthy cooking and the availability of advanced kitchen appliances are driving the growth of the market in this region.
The Asia Pacific is the fastest-growing market for air fryers due to the increasing disposable income of consumers, rapid urbanization, and changing lifestyles. Countries like China, Japan, and South Korea are the major contributors to the Asia-Pacific air fryer market.
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