Future Air Fryer Market: Key Dynamics, Size & Share Analysis
The Global Air Fryer Market size was valued at around USD 1.37 billion in 2024 and is projected to reach around USD 2.09 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 8.91% during the forecast period, i.e., 2025-2030. owing to the surging transition of individuals towards healthier eating & cooking habits. Consumers have been avoiding oil-based dishes, such as fried food, to reduce the prevalence of obesity, diabetes, peripheral artery disease, high blood pressure, and stroke. The high content of saturated fat in the oil has been the major factor causing these diseases.
Top Challenges Impacting the Air Fryer Market Growth
Surging Prevalence of Counterfeit Products in the Market - Historically, the rising trade of counterfeit products around the world has been a constraint for the Air Fryer market. This is due to an increase in the number of counterfeit manufacturing companies all over the globe. According to the World Customs Organization (WCO), counterfeit products account for 7-9 percent of global trade. The prevalence of these practices has been seen primarily in online product purchases, where suppliers directly supply the products to customers without an appropriate verification process. As a result, the global counterfeiting process has limited the overall revenue of the market.
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Understanding the Core Segments in the Air Fryer Market
Air Fryer Market Size, Share & Industry Trends Analysis- By Product Type (Cylindrical Basket Air Fryer, Air Fryer Oven), By End-user (Household, Hotels & Restaurant, Hospitals, Office & Others), By Capacity (1-3 Quarts [Small], 3-5 Quarts [Medium], 5-6 Quarts [Large], 6-16 Quarts [Extra Large]), By Distribution Channel (Hypermarket/ Supermarket, Small Electronic Stores, Online) and others
Geographical Analysis of the Air Fryer Market
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America acquired a major share of the market during the historical years.
Who Dominates the Air Fryer Market Insights on Key Industry Players?
Companies are strengthening their presence in the Air Fryer market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Kokinklijke Philips N.V
- LG Corporation
- Stanley Black & Decker Inc.
- Breville Group Ltd.
- Groupe SEB
- SharkNinja Operating LLC
- Cuisinart
- Go Wise USA
- NuWave LLC
- De Longhi
- NeWell Brands
- German Pool Group
- Yedi Houseware Appliances
- Midea
- JoYoung
- Bajaj Electricals Ltd.
- Others
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