Electric Deep Fryer For Home Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global electric deep fryer for home market was valued at approximately USD 1.2 billion in 2022. The market is expected to witness a robust compound annual growth rate (CAGR) of around 6.8% from 2023 to 2028. This growth is driven by increasing consumer interest in convenient cooking appliances and the rising trend of home-cooked meals. Advancements in technology, such as improved energy efficiency and enhanced safety features, are also contributing to the market expansion. The surge in demand for smart kitchen appliances, coupled with a growing inclination towards healthier cooking methods, is further bolstering the market's trajectory.
Opportunities in the electric deep fryer market are substantial as emerging markets in Asia-Pacific and Latin America present significant growth potential. The increasing urbanization and rising disposable incomes in these regions are expected to drive the demand for home kitchen appliances, including electric deep fryers. Additionally, the growing trend of culinary experimentation at home and the introduction of versatile and user-friendly models are likely to attract more consumers. Manufacturers are also exploring innovations such as programmable settings and integration with smart home systems to capitalize on evolving consumer preferences and enhance market penetration.
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Krups
Hamilton Beach
Presto
Breville
T-fal
Chefman
Cuisinart
De'Longhi
Kalorik
All-Clad
Masterbuilt
VonHaus
HuaYu Group
Guangdong Rongsheng Electric Holding
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 Deep Fryer For Home Market
Indoor
Outdoor
Based on Types the Market is categorized into Below types that held the largest Electric Deep Fryer For Home market share In 2023.
Less Than 2L
2 to 4L
More Than 4L
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 Deep Fryer For Home 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 Deep Fryer For Home Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Deep Fryer For Home Market, By Type
6. Global Electric Deep Fryer For Home Market, By Application
7. Global Electric Deep Fryer For Home Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Deep Fryer For Home Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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