Us Electric Fryers Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
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 U.S. electric fryers market has experienced significant growth in recent years, driven by technological advancements and changing consumer preferences. As of 2023, the market was valued at approximately USD 211.5 million and is projected to reach USD 272.0 million by 2030, reflecting a compound annual growth rate (CAGR) of 3.7% from 2024 to 2030. citeturn0search4 **Market Segmentation** - **By Type**: - *2L Capacity*: This segment holds the largest market share, catering to both commercial and household consumers seeking compact and efficient frying solutions. - *2L-5L Capacity*: Expected to be the fastest-growing segment, driven by the versatility and increased demand for mid-sized fryers in various settings. - **By Product**: - *Commercial Deep Fryers*: Dominant in the market due to the proliferation of quick-service restaurants (QSRs) and fast-food chains requiring high-capacity, durable, and energy-efficient frying equipment. - *Household Deep Fryers*: While smaller in market share, this segment is growing as consumers seek convenient cooking appliances for home use. **Market Drivers** - **Technological Advancements**: The integration of smart features, such as IoT connectivity for remote monitoring and control, has enhanced the appeal of electric fryers. These innovations offer consumers greater convenience and control over cooking processes. - **Health Consciousness**: There is a growing preference for healthier cooking methods, leading to the development of fryers that use less oil and offer energy-efficient cooking options. This trend aligns with the increasing demand for low-oil and air fryers. - **Expansion of Quick-Service Restaurants**: The rapid growth of the QSR sector in the U.S. has significantly contributed to the demand for commercial deep fryers. These establishments require efficient and reliable frying equipment to meet high customer volumes. **Market Challenges** - **Health Concerns**: Despite the popularity of fried foods, there is an ongoing concern regarding the health implications of excessive consumption, which may influence consumer preferences and demand. - **Regulatory Compliance**: Stringent regulations concerning oil quality and food safety standards necessitate continuous innovation and compliance from manufacturers, potentially increasing operational costs. **Competitive Landscape** The U.S. electric fryers market is characterized by the presence of several key players, including National Presto Industries Inc., De'Longhi SPA, Hamilton Beach Brands Holding Co., and Breville Group Ltd. These companies are focusing on product innovation, strategic partnerships, and expanding distribution channels to strengthen their market positions. **Future Outlook** The market is expected to continue its growth trajectory, driven by technological innovations, the expansion of the QSR sector, and evolving consumer preferences towards healthier cooking methods. Manufacturers are anticipated to invest in developing energy-efficient and multifunctional fryers to cater to the diverse needs of both commercial and household consumers.
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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
Countertop Electric Fryers
Commercial Electric Fryers
Air Fryers
Multi-Purpose Fryers
Traditional Deep Frying Technology
Rapid Air Technology
Oil-less Technology
Induction Heating Technology
Small Capacity (less than 2 liters)
Medium Capacity (2 to 5 liters)
Large Capacity (more than 5 liters)
Household
Restaurants and Food Chains
Catering Services
Institutional (Schools, Hospitals, etc.)
Online Retail
Supermarkets/Hypermarkets
Specialty Stores
Wholesale Distributors
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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