The Global Airfryer Market to show 6.7% CAGR from 2021-26

The global Airfryer market was valued at US$ 1089.7 million in 2019 and is expected to reach US$ 1552.1 million by the end of 2026, growing at a CAGR of 6.7% during 2021-2026.

An air fryer is a kitchen appliance that cooks by circulating hot air around the food using the convection mechanism. It is a smaller version of the convection oven. A mechanical fan circulates the hot air around the food at high speed, cooking the food and producing a crispy layer via the browning reactions of caramelization and the Maillard reaction. The Maillard reaction requires temperatures of between 280-330°F (140-165°C), while caramelization temperatures depend on the sugar being caramelized and range from 230-360°F (110-180°C).

From the view of region, North America have a larger market share in 2019 which account for 54.81%, and will witness a stable growth in following years. Europe hold a market share of 27.74%. The world Top 5 players in the Airfryer market are Philips, SEB, Hyundai, Joyoung, Midea. These Top companies currently account for more than 42% of the total market share. Looking to the future years, prices gap between different brands will change. Similarly, there will be fluctuation in gross margin

Global Airfryer Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Airfryer Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Seb, Hyundai, Joyoung, Midea, Liven, Lock&Lock, Royalstar, Biyi Group, Hongxin, Zhejiang Suteng Industiral And Trading Co.,Ltd., Breville, Gowise Usa, Cuisinart(Conair), Delonghi, German Pool Group, Avalon Bay, Yedi, Vonshef(Domu) and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-airfryer-market-research-report

Segment by Type

  • Drawer Type Air Fryer
  • Lid Type Air Fryer
  • Oven Type Air Fryer

The main kind is Drawer Type Air Fryer, it holds a comparatively larger share in global market, which accounts for about 50.69% in 2019.

Segment by Application

  • Household
  • Commercial

Household is the most widely used areas which took up about 68% of the global total sales in 2019.

Table of Content:

1 Airfryer Market Overview

2 Airfryer Market Competition by Manufacturers

3 Airfryer Retrospective Market Scenario by Region

4 Global Airfryer Historic Market Analysis by Type

5 Global Airfryer Historic Market Analysis by Application

6 Key Companies Profiled

7 Airfryer Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Airfryer Market Dynamics

10 Global Airfryer Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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