Electric Fryers Market was valued at USD 3.45 Billion in 2022 and is projected to reach USD 6.75 Billion by 2030, growing at a CAGR of 8.80% from 2024 to 2030.
The global electric fryers market was valued at approximately USD 3.5 billion in 2022, with a robust compound annual growth rate (CAGR) of 7.8% projected through 2028. This growth is driven by increasing consumer demand for convenient, healthier cooking solutions and technological advancements in fryer design. The market is experiencing a surge in popularity due to its benefits like energy efficiency and ease of use, which are contributing to the expanding consumer base across various regions.
Opportunity analysis reveals significant potential in emerging markets, where urbanization and changing lifestyles are driving the demand for modern kitchen appliances. As these regions witness rising disposable incomes and a shift towards Western eating habits, the electric fryers market is expected to see accelerated growth. Additionally, the trend towards compact, multifunctional kitchen devices presents an ultimate opportunity for innovation and market expansion, making emerging markets a focal point for future investment.
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Electrolux
Henny Penny
Illinois Tool Works
Middleby Corporation
Standex International Corporation
Welbilt
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Fryers Market
Speciality retailers
Hypermarkets
supermarkets
and departmental stores
Others (discount stores
general merchandisers
and online)
Based on Types the Market is categorized into Below types that held the largest Electric Fryers market share In 2023.
Deep fat fryers
Air fryers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electric Fryers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Fryers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Fryers Market, By Type
6. Global Electric Fryers Market, By Application
7. Global Electric Fryers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Fryers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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