The global air fryer market is experiencing substantial growth, with a projected compound annual growth rate (CAGR) of 7.4% from 2024 to 2032.
The increasing demand for healthier cooking options and the convenience offered by air fryers are key factors driving the growth of the market.
Air fryers use convection technology to circulate hot air around food, resulting in a crispy texture without the need for excessive oil.
The market is segmented into manual and digital air fryers, with the latter gaining popularity due to its advanced features.
Digital air fryers offer LCD screens, programmable timers, and multiple cooking modes, making them a preferred choice for consumers.
North America is expected to dominate the market, driven by high consumer awareness and a preference for low-oil frying solutions.
Key players in the market are actively pursuing growth strategies such as partnerships, product launches, and geographic expansions.
The integration of air fryers with other smart appliances is also expected to drive market growth.
The digital segment of the market is transforming the industry, with features such as temperature sensors and various cooking modes becoming standard.
Ongoing technological advancements allow for remote monitoring and control of cooking, enhancing the convenience and functionality of air fryers.
The air fryer market is experiencing significant growth and is likely to continue evolving with further innovations from key players.
With increasing consumer demand for healthier cooking alternatives, air fryers are becoming a popular choice in kitchens worldwide.