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Air Fryer Market by End User (Residential and Commercial) and Sales Channel (Hypermarket & Supermarket, Specialty Store and Online sales Channel): Global Opportunity Analysis and Industry Forecast, 2019–2026

CO_196199
Pages: 235
Nov 2019 | 101 Views
 
Author(s) : Himanshu Vig , Roshan Deshmukh
Tables: 54
Charts: 29
 

The air fryer market size was valued at $894.3 million in 2018, and is expected to reach $1,425.7 million by 2026, registering a CAGR of 6.1% from 2019 to 2026. The residential end user segment led in terms of air fryer market share in 2018 and is expected to retain its dominance throughout the forecast period.

Recent years have experienced surge in popularity of air fryers owing to multiple factors. Prominent factors responsible for increased adoption of air fryers includes rise in awareness of healthfulness and concern over fat intake. Air fryers are now being used in residential as well as commercial applications to cook deep-fried food in a healthier way. Air fryers are now being exclusively used to replace traditional deep fryers. Air fryer uses a fraction of the oil as compared to deep fryers without compromising flavors and textures. Decrease in oil intake has beneficial effect on human health. Many researches have indicated high intake of fat from vegetable oil leading to a variety of health conditions, inflammatory disorders, diabetes and other lifestyle disorders. Air fryers help in removing high-fat and high-calorie oils from the cooking process. These fryers use heated air enriched with very fine droplets of oil used for removing the moisture out of the food. As a result, air fried food has similar characteristics to deep fried food, though with significantly lower levels of fat.

Air Fryer Market

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Rapid growth of the hospitality industry is expected to drive the global air fryer market growth. Expansion of gastronomy industry to further augment market expansion in the upcoming years. Continuous innovation in product performance and functionality along with continuous consumer feedback have allowed active players in the market to sustain in the highly competitive consumer-centric business. Moreover, multifunctionality of air fryers including but not limited to deep fryer, skillet, toaster, and oven have attracted a large consumer base. The residential consumer base is preferring novel type of air fryers with multifunctional attributes over traditional deep fryers. Thus, the companies operating in the market are more inclined towards offering more advanced, compact and user friendly product to cater residential demand.

Air Fryer Market
By Product Type

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Residential segment would exhibit the highest CAGR of 6.5% during 2019-2026.

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Segment review

The global air fryer market is segmented into end user, sales channel and region. Depending on end user, the market is bifurcated residential and commercial. Based on sales channel, the global market is studied across hypermarket & supermarket, specialty store and online sales channel. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA

Air Fryer Market
By Distribution Channel

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Online segment would exhibit the highest CAGR of 7.9% during 2019-2026.

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Based on end user the global market is segmented into residential and commercial. Residential segment constitutes the major market share and is poised to grow at highest CAGR during the forecast period. Surge in popularity of air fryers owing to preparation of food items with up to 80% less fat than food cooked with other types of traditional fryers have resulted in increased demand for air fryers. Moreover, rise in consumer awareness toward the product, extensive marketing & advertising by leading brands and shift in consumer preference toward air fryers augment the demand from the residential segment
Based on sales channel, the global market is classified into hypermarket & supermarket, specialty store and online sales channel. Online channel will continue to grow with robust CAGR during the forecast period. The convenience offered by e-commerce is a key reason behind the success of online portals in the air fryer market. Not only ease of convenience and comfort, e-commerce enables customers to deep dive for product information, prices and benefits comparison and comprehensive value evaluation before committing purchase.

Air Fryer Market
By Regions

2026
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific would exhibit the highest CAGR of 7.1% during 2019-2026.

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Based on region, the air fryer market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America leads in terms of market share however LAMEA region in estimated to grow with highest CAGR during the forecast period.

The report focuses on the growth prospects, restraints, and opportunities of the global air fryer industry. The study provides Porters five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the air fryer market.

Some of the key players in the global analysis includes Koninklijke Philips N.V., BLACK+DECKER Inc., Conair Corporation, Avalon Bay, Breville Group Ltd, Meyer Manufacturing Company Limited, GoWISE USA, NuWave LLC, Groupe SEB, Newell Brands.

Key Benefits for Air Fryer Market:

  • The air fryer report provides an extensive analysis of the current and emerging trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current air fryer market trends and future estimations that help evaluate the prevailing market opportunities in the market.
  • Air fryer market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The air fryer market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Air Fryer Key Market Segments:

By End User

  • Residential
  • Commercial

By Sales Channel

  • Hypermarket & Supermarket
  • Specialty Store
  • Online sales Channel

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • BENELUX
    • Italy
    • Spain
    • Rest of Europe
  • Asia-pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors
2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Parent Market Overview (2018)
3.3. Pricing analysis

3.3.1. Pricing analysis of Air fryer, by region, 2018 & 2026

3.5. Porter’s Five Forces Analysis

3.5.1. Bargaining Power of Buyers
3.5.2. Bargaining Power of Suppliers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Competition Rivalry

3.6. Market dynamics

3.6.1. Drivers
3.6.2. Restraints
3.6.3. Opportunities

CHAPTER 4: GLOBAL AIR FRYER MARKET, BY END USER

4.1. Overview

4.1.1. Market size and forecast, by end user

4.2. Residential

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Commercial

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

CHAPTER 5: GLOBAL AIR FRYER MARKET, BY SALES CHANNEL

5.1. Overview

5.1.1. Market size and forecast, by SALES CHANNEL

5.2. Hypermarket and Supermarket

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. Specialty Stores

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. Online Sales Channel

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

CHAPTER 6: AIR FRYER MARKET, BY REGION

6.1. Overview

6.1.1. Market size and forecast, by Region

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by END USER
6.2.3. Market size and forecast, by SALES CHANNEL
6.2.4. Market analysis, by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by end user
6.2.4.1.2. Market size and forecast, by sales channel

6.2.4.2. CANADA

6.2.4.2.1. Market size and forecast, by end user
6.2.4.2.2. Market size and forecast, by sales channel

6.2.4.3. MEXICO

6.2.4.3.1. Market size and forecast, by end user
6.2.4.3.2. Market size and forecast, by sales channel

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by end user
6.3.3. Market size and forecast, by SALES CHANNEL
6.3.4. Market analysis, by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast, by end user
6.3.4.1.2. Market size and forecast, by sales channel

6.3.4.2. GERMANY

6.3.4.2.1. Market size and forecast, by end user
6.3.4.2.2. Market size and forecast, by sales channel

6.3.4.3. BENELUX

6.3.4.3.1. Market size and forecast, by end user
6.3.4.3.2. Market size and forecast, by sales channel

6.3.4.4. ITALY

6.3.4.4.1. Market size and forecast, by end user
6.3.4.4.2. Market size and forecast, by sales channel

6.3.4.5. SPAIN

6.3.4.5.1. Market size and forecast, by end user
6.3.4.5.2. Market size and forecast, by sales channel

6.3.4.6. REST OF EUROPE

6.3.4.6.1. Market size and forecast, by end user
6.3.4.6.2. Market size and forecast, by sales channel

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by end user
6.4.3. Market size and forecast, by sales channel
6.4.4. Market analysis, by country

6.4.4.1. CHINA

6.4.4.1.1. Market size and forecast, by end user
6.4.4.1.2. Market size and forecast, by sales channel

6.4.4.2. INDIA

6.4.4.2.1. Market size and forecast, by end user
6.4.4.2.2. Market size and forecast, by sales channel

6.4.4.3. JAPAN

6.4.4.3.1. Market size and forecast, by end user
6.4.4.3.2. Market size and forecast, by sales channel

6.4.4.4. SOUTH KOREA

6.4.4.4.1. Market size and forecast, by end user
6.4.4.4.2. Market size and forecast, by sales channel

6.4.4.5. REST OF ASIA-PACIFIC

6.4.4.5.1. Market size and forecast, by end user
6.4.4.5.2. Market size and forecast, by sales channel

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by end user
6.5.3. Market size and forecast, by sales channel
6.5.4. Market analysis, by country

6.5.4.1. LATIN AMERICA

6.5.4.1.1. Market size and forecast, by end user
6.5.4.1.2. Market size and forecast, by sales channel

6.5.4.2. MIDDLE EAST

6.5.4.2.1. Market size and forecast, by end user
6.5.4.2.2. Market size and forecast, by sales channel

6.5.4.3. SOUTH AFRICA

6.5.4.3.1. Market size and forecast, by end user
6.5.4.3.2. Market size and forecast, by sales channel

CHAPTER 7: COMPANY PROFILES

7.1. Koninklijke Philips N.V 

7.1.1. Company overview
7.1.2. Key Executives
7.1.3. Company snapshot
7.1.4. Operating business segments
7.1.5. Product portfolio
7.1.6. Business performance

7.2. BLACK+DECKER Inc.

7.2.1. Company overview
7.2.2. Key Executives
7.2.3. Company snapshot
7.2.4. Product portfolio

7.3. Conair Corporation

7.3.1. Company overview
7.3.2. Key Executives
7.3.3. Company snapshot
7.3.4. Operating business segments
7.3.5. Product portfolio
7.3.6. Business performance
7.3.7. Key strategic moves and developments

7.4. Avalon Bay

7.4.1. Company overview
7.4.2. Key Executives
7.4.3. Company snapshot
7.4.4. Operating business segments
7.4.5. Product portfolio
7.4.6. Business performance
7.4.7. Key strategic moves and developments

7.5. Breville Group Ltd 

7.5.1. Company overview
7.5.2. Key Executive
7.5.3. Company snapshot
7.5.4. Product portfolio

7.6. Meyer Manufacturing Company Limited 

7.6.1. Company overview
7.6.2. Key Executives
7.6.3. Company snapshot
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments

7.7. GoWISE USA.

7.7.1. Company overview
7.7.2. Key Executives
7.7.3. Company snapshot
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.7. NuWave LLC 

7.7.1. Company overview
7.7.2. Key Executives
7.7.3. Company snapshot
7.7.4. Product portfolio

7.9. Groupe SEB

7.9.1. Company overview
7.9.2. Key Executives
7.9.3. Company snapshot
7.9.4. Operating business segments
7.9.5. Product portfolio
7.9.6. Business performance
7.9.7. Key strategic moves and developments

7.10. Newell Brands 

7.10.1. Company overview
7.10.2. Key Executives
7.10.3. Company snapshot
7.10.4. Product portfolio

LIST OF TABLES

TABLE 01. GLOBAL AIR FRYER MARKET, BY END USER, 2018–2026 ($ MILLION)
TABLE 02. GLOBAL RESIDENTIAL AIR FRYER MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 03. GLOBL COMMERCIAL AIR FRYER MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 04. GLOBAL AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 05. GLOBAL AIR FRYER MARKET SALES THROUGH HYPERMARKET AND SUPERMARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 06. GLOBAL AIR FRYER MARKET SALES THROUGH SPECIALTY STORES, BY REGION, 2018–2026 ($ MILLION)
TABLE 07. GLOBAL AIR FRYER MARKET SALES THROUGH ONLINE SALES CHANNEL, BY REGION, 2018–2026 ($ MILLION)
TABLE 08. GLOBAL AIR FRYER MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 09. NORTH AMERICA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 10. NORTH AMERICA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 11. NORTH AMERICA AIR FRYER MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 12. U.S. AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 13. U.S. AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 14. CANADA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 15. CANADA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 16. MEXICO AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 17. MEXICO AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 18. EUROPE AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 19. EUROPE AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 20. EUROPE AIR FRYER MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 21. UK AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 22. UK AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 23. GERMANY AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 24. GERMANY AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 25. BENELUX AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 26. BENELUX AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 27. ITALY AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 28. ITALY AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 29. SPAIN AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 30. SPAIN AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 31. REST OF EUROPE AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 32. REST OF EUROPE AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 33. ASIA-PACIFIC AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 34. ASIA-PACIFIC AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 35. ASIA-PACIFIC AIR FRYER MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 36. CHINA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 37. CHINA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 38. INDIA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 39. INDIA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 40. JAPAN AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 41. JAPAN AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 42. SOUTH KOREA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 43. SOUTH KOREA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 44. REST OF ASIA-PACIFIC AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 45. REST OF ASIA-PACIFIC AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 46. LAMEA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 47. LAMEA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 48. LAMEA AIR FRYER MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 49. LATIN AMERICA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 50. LATIN AMERICA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 51. MIDDLE EAST AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 52. MIDDLE EAST AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 53. AFRICA AIR FRYER MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 54. AFRICA AIR FRYER MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP IMPACTING FACTORS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. GLOBAL AIR FRYER MARKET, BY END USER, 2018 (%)
FIGURE 06. COMPARATIVE VALUE SHARE ANALYSIS OF GLOBAL RESIDENTIAL AIR FRYER MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 07. COMPARATIVE VALUE SHARE ANALYSIS OF COMMERCIAL AIR FRYER MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 08. GLOBAL AIR FRYER MARKET, BY SALES CHANNEL, 2018 (%)
FIGURE 09. COMPARATIVE VALUE SHARE ANALYSIS OF AIR FRYER MARKET SALES THROUGH HYPERMARKET AND SUPERMARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 10. COMPARATIVE VALUE SHARE ANALYSIS OF GLOBAL AIR FRYER MARKET SALES THROUGH SPECIALTY STORES, BY COUNTRY, 2018 & 2026 (%)
FIGURE 11. COMPARATIVE VALUE SHARE ANALYSIS OF AIR FRYER MARKET FROM MILLENNIALS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 12. GLOBAL AIR FRYER MARKET, BY REGION 2018 (%)
FIGURE 13. U.S. AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 14. CANADA AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 15. MEXICO AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 16. UK AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 17. GERMANY AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 18. BENELUX AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 19. ITALY AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 20. SPAIN AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 21. REST OF EUROPE AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 22. CHINA AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 23. INDIA AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 24. JAPAN AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 25. SOUTH KOREA AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 26. REST OF ASIA-PACIFIC AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 27. LATIN AMERICA AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 28. MIDDLE EAST AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 29. AFRICA AIR FRYER MARKET VALUE, 2018-2026 ($ MILLION)

 
 

Leading players in the global air fryer market are providing customized solution to improve kitchen aesthetics, in parallel engaged stakeholders in the industry are continuously innovating their products to fathom market reach. Leading manufacturers have introduced energy-efficient illumination, maintenance free, highly efficient air fryers to attract consumers. Moreover, warranty and after service plays an important role for long customer engagement and retention. Leading manufacturers are now increasingly focusing on customer retention and engagement. As a result, an upsurge in personalized discounts and offers are being luring the customers. While discounts and offers have always been in tradition, running specific offers according to demography has remained major challenge for engaged stakeholders in the industry.

 

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