The worth of the worldwide air fryer market is estimated at USD 982 million by 2024. The sale of air fryers is expected to increase at a CAGR of 6.7%, reaching a valuation of USD 1,883 million by 2034.
Increased consumer health consciousness and demand for effortless, time-saving cooking solutions stimulate demand for air fryers. Some major barriers to further enlarging the market for air-frying devices include competition with other cooking devices, reliance on power, and low capacity for cooking large volumes.
Other positive drivers of the healthy cooking appliances market include the increase in online shopping platforms and e-commerce and the introduction of smart technologies for home appliances. In contrast, air fryers are forecasted to have the potential to affect their market because consumers might be unaware of air fryers and the benefits associated with them.
Air Fryer Sales Landscape
- The rise in health and fitness awareness has been marked as one of the major drivers increasing growth for the air fryer market. An increasingly health-conscious consumer seeks healthier cooking solutions with minimal or no oil, with the ability to use less oil than deep frying. Air fryers have the potential to consume crispy food with a lower oil content compared to deep-frying methods.
- The introduction to the increasingly advanced air fryers market has also contributed to market expansion for air fryers. Manufacturers are now integrating new features including smart controls, present cooking programs, and improved heating technologies. These product enhancements provide an improved user experience and increase the integration of air fryers.
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