Industry: Consumer Goods
Published Date: 2024-12-24
Pages: 141 Pages
Report ld: 3409993
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Air Fryer Market Size(US$)

CAGR 2024-2030
5.7%
Market Size,2030
USD 2,436
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Air Fryer revenue was US$ 1633 million in 2023 and is forecast to a readjusted size of US$ 2436 million by 2030 with a CAGR of 5.7% during the review period (2024-2030).
In China the Air Fryer revenue is expected to grow from US$ million in 2023 to US$ million by 2030, at a CAGR of % during the forecast period (2024-2030).
This report focuses on global and China Air Fryer market, also covers the segmentation data of other regions in regional level and county level.
An air fryer is a kitchen appliance that cooks by circulating hot air around food using a convection mechanism. A mechanical fan circulates the hot air around the food at high speed, cooking the food and creating a crispy layer through two browning reactions. In caramelization, sugars break down and chemically transform into complex brown substances, while in the Maillard reaction, commonly seen where meat is grilled or stir-fried, carbohydrates/sugars and proteins in the food react with each other to form Schiff bases, which then form other flavorful compounds, including brown cyclic compounds containing one or more nitrogen atoms in the ring, such as pyrazines and pyridines. The Maillard reaction requires temperatures between 280-330°F (140-165°C), while caramelization temperatures, depending on the sugar being caramelized, range from 230-360°F (110-180°C).
Global key players of air fryer include Philips, SEB, Hyundai, Joyoung, Midea, etc. The top five players hold a share about 46%. China is the largest producer, has a share about 46%, followed by North America and Europe, with share 23% and 13%, respectively. The largest market is North America, with a share about 36%, followed by Europe and China, with share 24% and 14%, separately.
The driving factors of the air fryer market mainly include the following aspects:
Increased health awareness of consumers
As consumers become more aware of the side effects of excessive consumption of unhealthy diets, they begin to turn to healthier, low-fat alternatives. Air fryers, with their unique working principle, use powerful convection hot air instead of traditional high-temperature frying to better achieve the low-oil and fat-reducing cooking effect of food, meeting consumers' demand for healthy diets. This trend not only drives individual consumers to buy air fryers, but also leads to growing demand for air fryers in commercial environments such as hospitals, hotels and restaurants.
Changes in consumer preferences
In recent years, the reduction in junk food consumption and the increasing popularity of low-fat or low-oil foods have driven kitchen appliance manufacturers to launch innovative products with health awareness. As one of the leaders, air fryers have been favored by consumers for their convenience and healthiness in cooking. In addition, social media, blogs and websites are also paying more and more attention to health and wellness trends, promoting low-oil or oil-free foods and related benefits, which has further promoted the growth of the air fryer market.
Increased demand in commercial kitchens
The growing demand for air fryers in commercial kitchens is mainly attributed to their effectiveness, adaptability, and ability to produce healthier alternatives to fried foods. Air fryers not only meet the dietary choices of health-conscious consumers, but also speed up the cooking process in professional environments. Commercial environments such as hospitals, hotels, and restaurants use air fryers as effective kitchen appliances, providing a healthier alternative to traditional frying technology, meeting customers' growing demand for healthy meals.
Technological innovation and product upgrades
The continued growth of the air fryer market is also due to technological innovation and product upgrades. As production technology continues to mature, more brands have entered the market, and consumers have more diverse choices. At the same time, companies continue to increase their R&D investment to promote the continuous optimization of air fryer performance and functions. For example, new smart air fryer products have achieved precise time and temperature control and remote control under WIFI connection, and provide a technical basis for more personalized needs. These technological innovations not only enhance the competitiveness of products, but also meet the increasingly diverse needs of consumers.
Development potential in emerging markets
Despite the slowdown in the domestic market, there is still huge room for expansion in the air fryer market worldwide. The development potential of emerging markets is particularly significant. As global consumers pursue healthy diets and change cooking methods, the demand for air fryers in emerging markets continues to increase. In addition, as a major manufacturer of consumer electrical appliances and durable goods, China's own brands are expected to continue to grow in overseas markets.
In summary, the driving factors of the air fryer market mainly include the increase in consumer health awareness, changes in consumer preferences, the increase in demand for commercial kitchens, technological innovation and product upgrades, and the development potential of emerging markets. These factors have jointly promoted the continued growth and development of the air fryer market.
Air Fryer market is segmented in regional and country level, by players, by Type, and by Sales Channels. Companies, stakeholders, and other participants in the global Air Fryer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Sales Channels for the period 2019-2030.
For China market, this report focuses on the Air Fryer market size by players, by Type, and by Sales Channels, for the period 2019-2030. The key players include the global and local players which play important roles in China.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces Air Fryer definition, global sales (volume and revenue), China market size, China percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Sales Channels, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Air Fryer companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of Air Fryer in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by Type, by Sales Channels and by country, sales, and revenue for each segment.
Chapter 7: EMEA by Type, by Sales Channels and by region, sales, and revenue for each segment.
Chapter 8: China by Type, and by Sales Channels, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Sales Channels and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Air Fryer sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: research findings and conclusion
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Study Coverage
1.1 Air Fryer Product Introduction
1.2 Global Air Fryer Outlook 2019 VS 2023 VS 2030
1.2.1 Global Air Fryer Sales in US$ Million for the Year 2019-2030
1.2.2 Global Air Fryer Sales in Volume for the Year 2019-2030
1.3 China Air Fryer Outlook 2019 VS 2023 VS 2030
1.3.1 China Air Fryer Sales in US$ Million for the Year 2019-2030
1.3.2 China Air Fryer Sales in Volume for the Year 2019-2030
1.4 Air Fryer Market Size, China VS Global, 2019 VS 2023 VS 2030
1.4.1 The Market Share of China Air Fryer in Global, 2019 VS 2023 VS 2030
1.4.2 The Growth Rate of Air Fryer Market Size, China VS Global, 2019 VS 2023 VS 2030
1.5 Air Fryer Market Dynamics
1.5.1 Air Fryer Industry Trends
1.5.2 Air Fryer Market Drivers
1.5.3 Air Fryer Market Challenges
1.5.4 Air Fryer Market Restraints
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Air Fryer by Type
2.1 Air Fryer Market by Type
2.1.1 Touch Type Air Fryer
2.1.2 Mechanical Type Air Fryer
2.2 Global Air Fryer Market Size by Type
2.2.1 Global Air Fryer Sales in Value, by Type (2019, 2023 & 2030)
2.2.2 Global Air Fryer Sales in Volume, by Type (2019, 2023 & 2030)
2.2.3 Global Air Fryer Average Selling Price (ASP) by Type (2019, 2023 & 2030)
2.3 China Air Fryer Market Size by Type
2.3.1 China Air Fryer Sales in Value, by Type (2019, 2023 & 2030)
2.3.2 China Air Fryer Sales in Volume, by Type (2019, 2023 & 2030)
2.3.3 China Air Fryer Average Selling Price (ASP) by Type (2019, 2023 & 2030)
3 Air Fryer by Sales Channels
3.1 Air Fryer Market by Sales Channels
3.1.1 Online Sales
3.1.2 Offline Sales
3.2 Global Air Fryer Market Size by Sales Channels
3.2.1 Global Air Fryer Sales in Value, by Sales Channels (2019, 2023 & 2030)
3.2.2 Global Air Fryer Sales in Volume, by Sales Channels (2019, 2023 & 2030)
3.2.3 Global Air Fryer Average Selling Price (ASP) by Sales Channels (2019, 2023 & 2030)
3.3 China Air Fryer Market Size by Sales Channels
3.3.1 China Air Fryer Sales in Value, by Sales Channels (2019, 2023 & 2030)
3.3.2 China Air Fryer Sales in Volume, by Sales Channels (2019, 2023 & 2030)
3.3.3 China Air Fryer Average Selling Price (ASP) by Sales Channels (2019, 2023 & 2030)
4 Global Air Fryer Competitor Landscape by Company
4.1 Global Air Fryer Market Size by Company
4.1.1 Global Key Manufacturers of Air Fryer, Ranked by Revenue (2023)
4.1.2 Global Air Fryer Revenue by Manufacturer (2019-2024)
4.1.3 Global Air Fryer Sales by Manufacturer (2019-2024)
4.1.4 Global Air Fryer Price by Manufacturer (2019-2024)
4.2 Global Air Fryer Concentration Ratio (CR)
4.2.1 Air Fryer Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Air Fryer in 2023
4.2.3 Global Air Fryer Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Air Fryer, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Air Fryer, Product Offered and Application
4.5 Global Key Manufacturers of Air Fryer, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 China Air Fryer Market Size by Company
4.7.1 Key Players of Air Fryer in China, Ranked by Revenue (2023)
4.7.2 China Air Fryer Revenue by Players (2019-2024)
4.7.3 China Air Fryer Sales by Players (2019-2024)
5 Global Air Fryer Market Size by Region
5.1 Global Air Fryer Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Air Fryer Market Size in Volume by Region (2019-2030)
5.2.1 Global Air Fryer Sales in Volume by Region: 2019-2024
5.2.2 Global Air Fryer Sales in Volume Forecast by Region (2025-2030)
5.3 Global Air Fryer Market Size in Value by Region (2019-2030)
5.3.1 Global Air Fryer Sales in Value by Region: 2019-2024
5.3.2 Global Air Fryer Sales in Value by Region: 2025-2030
6 Americas
6.1 Americas Air Fryer Market Size YoY Growth 2019-2030
6.2 Americas Air Fryer Sales in Volume, by Type (2019, 2023 & 2030)
6.3 Americas Air Fryer Sales in Volume, by Sales Channels (2019, 2023 & 2030)
6.4 Americas Air Fryer Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 Americas Air Fryer Sales in Value by Country (2019, 2023 & 2030)
6.4.2 Americas Air Fryer Sales in Volume by Country (2019, 2023 & 2030)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil
7 EMEA
7.1 EMEA Air Fryer Market Size YoY Growth 2019-2030
7.2 EMEA Air Fryer Sales in Volume, by Type (2019, 2023 & 2030)
7.3 EMEA Air Fryer Sales in Volume, by Sales Channels (2019, 2023 & 2030)
7.4 EMEA Air Fryer Market Facts & Figures by Country (2019, 2023 & 2030)
7.4.1 EMEA Air Fryer Sales in Value by Country (2019, 2023 & 2030)
7.4.2 EMEA Air Fryer Sales in Volume by Country (2019, 2023 & 2030)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa
8 China
8.1 China Air Fryer Market Size YoY Growth 2019-2030
8.2 China Air Fryer Sales in Volume, by Type (2019, 2023 & 2030)
8.3 China Air Fryer Sales in Volume, by Sales Channels (2019, 2023 & 2030)
9 APAC
9.1 APAC Air Fryer Market Size YoY Growth 2019-2030
9.2 APAC Air Fryer Sales in Volume, by Type (2019, 2023 & 2030)
9.3 APAC Air Fryer Sales in Volume, by Sales Channels (2019, 2023 & 2030)
9.4 APAC Air Fryer Market Facts & Figures by Country (2019, 2023 & 2030)
9.4.1 APAC Air Fryer Sales in Value by Country (2019, 2023 & 2030)
9.4.2 APAC Air Fryer Sales in Volume by Country (2019, 2023 & 2030)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India
10 Company Profiles
10.1 Philips
10.1.1 Philips Company Information
10.1.2 Philips Description and Business Overview
10.1.3 Philips Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.1.4 Philips Air Fryer Products Offered
10.1.5 Philips Recent Development
10.2 SEB
10.2.1 SEB Company Information
10.2.2 SEB Description and Business Overview
10.2.3 SEB Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.2.4 SEB Air Fryer Products Offered
10.2.5 SEB Recent Development
10.3 Hyundai
10.3.1 Hyundai Company Information
10.3.2 Hyundai Description and Business Overview
10.3.3 Hyundai Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.3.4 Hyundai Air Fryer Products Offered
10.3.5 Hyundai Recent Development
10.4 Joyoung
10.4.1 Joyoung Company Information
10.4.2 Joyoung Description and Business Overview
10.4.3 Joyoung Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.4.4 Joyoung Air Fryer Products Offered
10.4.5 Joyoung Recent Development
10.5 Midea
10.5.1 Midea Company Information
10.5.2 Midea Description and Business Overview
10.5.3 Midea Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.5.4 Midea Air Fryer Products Offered
10.5.5 Midea Recent Development
10.6 Liren
10.6.1 Liren Company Information
10.6.2 Liren Description and Business Overview
10.6.3 Liren Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.6.4 Liren Air Fryer Products Offered
10.6.5 Liren Recent Development
10.7 LOCK&LOCK
10.7.1 LOCK&LOCK Company Information
10.7.2 LOCK&LOCK Description and Business Overview
10.7.3 LOCK&LOCK Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.7.4 LOCK&LOCK Air Fryer Products Offered
10.7.5 LOCK&LOCK Recent Development
10.8 Jiale Smart
10.8.1 Jiale Smart Company Information
10.8.2 Jiale Smart Description and Business Overview
10.8.3 Jiale Smart Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.8.4 Jiale Smart Air Fryer Products Offered
10.8.5 Jiale Smart Recent Development
10.9 Tianxi Kitchen Appliances
10.9.1 Tianxi Kitchen Appliances Company Information
10.9.2 Tianxi Kitchen Appliances Description and Business Overview
10.9.3 Tianxi Kitchen Appliances Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.9.4 Tianxi Kitchen Appliances Air Fryer Products Offered
10.9.5 Tianxi Kitchen Appliances Recent Development
10.10 Bears Electric
10.10.1 Bears Electric Company Information
10.10.2 Bears Electric Description and Business Overview
10.10.3 Bears Electric Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.10.4 Bears Electric Air Fryer Products Offered
10.10.5 Bears Electric Recent Development
10.11 Mi
10.11.1 Mi Company Information
10.11.2 Mi Description and Business Overview
10.11.3 Mi Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.11.4 Mi Air Fryer Products Offered
10.11.5 Mi Recent Development
10.12 Ningbo Biyi Electric Co., Ltd.
10.12.1 Ningbo Biyi Electric Co., Ltd. Company Information
10.12.2 Ningbo Biyi Electric Co., Ltd. Description and Business Overview
10.12.3 Ningbo Biyi Electric Co., Ltd. Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.12.4 Ningbo Biyi Electric Co., Ltd. Air Fryer Products Offered
10.12.5 Ningbo Biyi Electric Co., Ltd. Recent Development
10.13 Royalstar
10.13.1 Royalstar Company Information
10.13.2 Royalstar Description and Business Overview
10.13.3 Royalstar Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.13.4 Royalstar Air Fryer Products Offered
10.13.5 Royalstar Recent Development
10.14 Aux
10.14.1 Aux Company Information
10.14.2 Aux Description and Business Overview
10.14.3 Aux Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.14.4 Aux Air Fryer Products Offered
10.14.5 Aux Recent Development
10.15 Hongxin
10.15.1 Hongxin Company Information
10.15.2 Hongxin Description and Business Overview
10.15.3 Hongxin Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.15.4 Hongxin Air Fryer Products Offered
10.15.5 Hongxin Recent Development
10.16 Xinbao Electric
10.16.1 Xinbao Electric Company Information
10.16.2 Xinbao Electric Description and Business Overview
10.16.3 Xinbao Electric Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.16.4 Xinbao Electric Air Fryer Products Offered
10.16.5 Xinbao Electric Recent Development
10.17 GoWISE USA
10.17.1 GoWISE USA Company Information
10.17.2 GoWISE USA Description and Business Overview
10.17.3 GoWISE USA Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.17.4 GoWISE USA Air Fryer Products Offered
10.17.5 GoWISE USA Recent Development
10.18 German Pool Group
10.18.1 German Pool Group Company Information
10.18.2 German Pool Group Description and Business Overview
10.18.3 German Pool Group Air Fryer Sales, Revenue and Gross Margin (2019-2024)
10.18.4 German Pool Group Air Fryer Products Offered
10.18.5 German Pool Group Recent Development
11 Industry Chain and Sales Channels Analysis
11.1 Air Fryer Industry Chain Analysis
11.2 Air Fryer Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Air Fryer Production Mode & Process
11.4 Air Fryer Sales and Marketing
11.4.1 Air Fryer Sales Channels
11.4.2 Air Fryer Distributors
11.5 Air Fryer Customers
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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