Air Fryer Market Growth, Trends, Analysis, CAGR Status, Challenges and Future Opportunities
Air Fryer Market Growth, Size, Trends Analysis - By Device, By Capacity, By Application, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jan-2025 | Report ID: FMCG2515 | Pages: 1 - 235 | Formats*: |
| Category : Consumer & Retail | |||
Air Fryer Market Introduction and Overview
According to SPER Market Research, the Global Air Fryer Market is estimated to reach USD 2.89 billion by 2034 with a CAGR of 8.16%.
The report includes an in-depth analysis of the Global Air Fryer Market, including market size and trends, product mix, Applications, and supplier analysis. The global air fryer market was valued at USD 1.32 billion in 2024 and is expected to increase at a CAGR of 8.16% between 2025 and 2034. Consumer health awareness, the launch of new goods, the flexibility and ease of use of air fryers, and social media and celebrity impact are all driving forces in the market. Increased offerings and improved design of air fryers in both automatic and manual models are likely to fuel market expansion.
By Device Insights: The automatic device segment led the air fryer market with significant revenue in 2024. Automatic air fryers show data on screens for easy control of temperature and frying time. They have many pre-sets and smart features like shake reminders, warm-up options, and Wi-Fi/Bluetooth connections, boosting efficiency. New models with app control and voice assistance further support market growth.
By Capacity Insights: The air fryer market was led by the up-to-4-liter capacity segment, holding a major revenue share in 2024. These smaller air fryers are better suited for home use and use less energy than larger ones, benefiting the environment. Ongoing innovations and technology advancements in air fryers are likely to boost market growth.
By Application Insights: The residential application segment led the air fryer market with a large revenue share in 2024. Many households use air fryers as they are better for making healthier meals than deep frying. The rise of modular kitchens and new advanced air fryers for homes has also boosted their popularity.
By Distribution Channel Insights: The offline distribution channel segment had a major share of the air fryer market revenue in 2024. Customers value seeing how air fryers work before buying since they are a considerable investment. Offline stores provide a sense of trust that can be lacking in online shopping, boosting this segment's growth.
By Regional Insights: North America air fryer market dominated the global air fryer market with a significant revenue share in 2024. The increasing consumer preference for healthy cooking methods and air fryers' ability to cook food with less oil is driving growth. Additionally, technological advancements like AI enhance convenience for consumers, boosting the market.
Market Competitive Landscape:
The global air fryer market is moderately competitive, with many significant multinational competitors. The market under consideration offers prospects for expansion throughout the forecast period, which is expected to fuel market competitiveness. Companies in the market are continually engaged in various developmental activities, such as acquisitions, mergers, partnerships, expansions, and product launches, which heightens competition. Key market players are Koninklijke Philips N.V, SharkNinja Operating LLC, Cuisinart, the BLACK + DECKER, Dash, Breville Site, Havells India Ltd, among others.
Recent Developments:
- Philips introduced the Signature Series Air Fryer with Smart Sensing Technology in April 2024. Chef Ranveer Brar endorsed the product's introduction, emphasizing how it may improve home cooking by offering a practical and effective culinary solution.
- Koninklijke Philips N.V. unveiled the newest model in their signature series range of air fryers in April 2024. With its seven-layer quick air technology, the device can cook up to 7.3 liters worth of food.
- In February 2024, SharkNinja introduced the Ninja DoubleStack XL, the first vertical two-basket air fryer in the industry that doubles performance while taking up 40% less space on the countertop.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Device, By Capacity, By Application, By Distribution Channel. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Koninklijke Philips N.V, SharkNinja Operating LLC, Cuisinart, the BLACK + DECKER, Dash, Breville Site, Havells India Ltd, TTK Prestige Ltd, Corelle Brands LLC, Tefal. |
Key Topics Covered in the Report:
- Global Air Fryer Market Size (FY’2021-FY’2034)
- Overview of Global Air Fryer Market
- Segmentation of Global Air Fryer Market By Device (Manual, Automatic)
- Segmentation of Global Air Fryer Market By Capacity (Up to 4 Liters, 4 Liters to 6 Liters, 6 Liters to 8 Liters, Above 8 Liters)
- Segmentation of Global Air Fryer Market By Application (Residential, Commercial)
- Segmentation of Global Air Fryer Market By Distribution Channel (Online, Offline)
- Statistical Snap of Global Air Fryer Market
- Expansion Analysis of Global Air Fryer Market
- Problems and Obstacles in Global Air Fryer Market
- Competitive Landscape in the Global Air Fryer Market
- Details on Current Investment in Global Air Fryer Market
- Competitive Analysis of Global Air Fryer Market
- Prominent Players in the Global Air Fryer Market
- SWOT Analysis of Global Air Fryer Market
- Globa Air Fryer Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Air Fryer Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Air Fryer Market
7. Global Air Fryer Market, By Device (USD Million) 2021-2034
7.1. Manual7.2. Automatic
8. Global Air Fryer Market, By Capacity (USD Million) 2021-2034
8.1. Up to 4 Liters8.2. 4 Liters to 6 Liters8.3. 6 Liters to 8 Liters8.4. Above 8 Liters
9. Global Air Fryer Market, By Application (USD Million) 2021-2034
9.1. Residential9.2. Commercial
10. Global Air Fryer Market, By Distribution Channel (USD Million) 2021-2034
10.1. Online10.2. Offline
11. Global Air Fryer Market, (USD Million) 2021-2034
11.1. Global Air Fryer Market Size and Market Share
12. Global Air Fryer Market, By Region, (USD Million) 2021-2034
12.1. Asia-Pacific
12.1.1. Australia12.1.2. China12.1.3. India12.1.4. Japan12.1.5. South Korea12.1.6. Rest of Asia-Pacific
12.2. Europe
12.2.1. France12.2.2. Germany12.2.3. Italy12.2.4. Spain12.2.5. United Kingdom12.2.6. Rest of Europe
12.3. Middle East and Africa
12.3.1. Kingdom of Saudi Arabia12.3.2. United Arab Emirates12.3.3. Qatar12.3.4. South Africa12.3.5. Egypt12.3.6. Morocco12.3.7. Nigeria12.3.8. Rest of Middle-East and Africa
12.4. North America
12.4.1. Canada12.4.2. Mexico12.4.3. United States
12.5. Latin America
12.5.1. Argentina12.5.2. Brazil12.5.3. Rest of Latin America
13. Company Profile
13.1. Koninklijke Philips N.V.
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. SharkNinja Operating LLC
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. Cuisinart
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. the BLACK + DECKER
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. Dash
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. Breville Site
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Havells India Ltd
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. TTK Prestige Ltd
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Corelle Brands LLC
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. Tefal
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Air Fryer Market is projected to reach USD 2.89 billion by 2034, growing at a CAGR of 8.16% during the forecast period.
Air Fryer Market grew in Market size from 2025. The Market is expected to reach USD 2.89 billion by 2034, at a CAGR of 8.16% during the forecast period.
Air Fryer Market CAGR of 8.16% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Air Fryer Market size is USD 2.89 billion from 2025 to 2034.
Air Fryer Market is covered By Application, By Device, By Capacity, By Application, By Distribution Channel.
The North America is anticipated to have the highest Market share in the Air Fryer Market.
The key players in the Market include Companies Covered Koninklijke Philips N.V, SharkNinja Operating LLC, Cuisinart, the BLACK + DECKER, Dash, Breville Site, Havells India Ltd, TTK Prestige Ltd, Corelle Brands LLC, Tefal. and others.
Consumer health awareness, the launch of new goods, the flexibility and ease of use of air fryers, and social media and celebrity impact are all driving forces in the market.
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