Deep Fryer Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032, Segmented By Type (Electric Deep Fryer, and Gas Deep Fryer), By Capacity (Less than 2L, 2L-5L, More than 5L), By End User (Residential and Commercial), By Distribution Channel (Online and Offline), By Region, By Competition Forecast & Opportunities
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request Customization| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 548.28 Million |
| CAGR (2023-2031) | 2.81% |
| Fastest Growing Segment | Online |
| Largest Market | North America |
Market Overview
The global deep fryer market size was worth USD 548.28 million in 2022 and is projected to reach USD 702.12 million by 2031, registering a CAGR of 2.81% during the forecast period (2023 -2031). In the forthcoming years, the market is anticipated to witness growth as a result of heightened experimentation and advancements in diverse culinary practices.
The global deep fryer market has undergone significant expansion in recent years, driven by a confluence of factors. Primarily, the burgeoning popularity of fried food items, both in domestic settings and across food service establishments, has fueled the market's growth. The rise of fast-food culture, urbanization, and evolving consumer lifestyles have all contributed to an increased demand for convenient and indulgent food options, thereby boosting the sales of deep fryers.
Technology's really changed the game when it comes to how deep fryers work and what people want. These days, you can find fryers with super precise temperature settings, and they're way more energy efficient than before. Plus, the oil filtration is top-notch, which is great because everyone's thinking more about health and the environment. But it's not all smooth sailing. Because people are more aware of the health risks of eating too much fried food, they're often choosing healthier options, which affects how many deep fryers are being sold. So, companies are putting money into research and development to come up with healthier ways to fry and to make other products too, just to keep up with the changing times.
Download Sample
Key Market Drivers
Let's face it, our lives are changing, and so are our diets! The biggest thing pushing the global deep fryer market forward is how we're all living. Think about itwe're moving to cities faster, we're super busy, and we want food that's easy. That means more ready-to-eat stuff. And who can resist fried food? That crispy crunch and yummy flavor just fit right into our crazy, fast-paced days. People want meals that are quick and a little bit of a treat, so they're grabbing things like fried snacks and main dishes. All this has really boosted the demand for deep fryers, not just at home but also in restaurants and those fast-food spots we all love.
Think about itthe food service industry just keeps getting bigger, and that's a huge reason why the deep fryer market is booming! More restaurants, more cafes, more fast-food places popping up everywhere means they all need commercial cooking equipment, and deep fryers are a must-have. Let's face it, everyone loves fried foods, no matter what kind of food you're into. Deep fryers can make those dishes perfect every single time, which is why they're in almost every professional kitchen. Plus, with international fast-food chains opening up in new places and all these food delivery apps taking off, the demand for deep fryers is only going to keep going up, which is great news for the market!
Technological innovation is a driving force behind the growth of the deep fryer market. Manufacturers are continuously investing in research and development to enhance the functionality, efficiency, and safety features of deep fryers. Advanced temperature control mechanisms, oil filtration systems, and energy-efficient designs have become standard offerings in modern deep fryers. These innovations address concerns related to health, energy consumption, and the quality of fried food. Smart and connected deep fryer models, equipped with digital controls and remote monitoring capabilities, are also gaining traction, appealing to tech-savvy consumers and commercial operators alike.
The globalization of culinary tastes and the popularity of diverse international cuisines have contributed significantly to the deep fryer market's growth. Fried foods are ubiquitous across cultures, with variations such as tempura, samosas, churros, and spring rolls enjoyed in different parts of the world. This cultural diversity has driven the demand for deep fryers that can accommodate a wide range of cooking styles and recipes. As consumers' palates become more adventurous and open to trying new dishes, the versatility of deep fryers in producing authentic fried foods from various cultures has played a pivotal role in sustaining market expansion.
Key Market Challenges
The deep fryer market's got a bit of a problem these daysfolks are thinking more about health and nutrition. As more of us try to eat better, fried foods are getting a side-eye because of all the calories, fat, and sodium. People are swapping out fries for things like baked or grilled goodies, and that's hitting the demand for deep-fried stuff (and, yeah, deep fryers). So, companies are trying to find ways to fry healthier, maybe by using less oil or boosting the good stuff. Air fryers, for example, are becoming a big deal since they can crisp things up with way less oil. But here's the catchthese alternatives don't always taste exactly like the real deal. Finding that sweet spot between tasty and healthy? That's a tough nut to crack for the deep fryer market.
Okay, so the deep fryer scene isn't exactly eco-friendly, and that's a problem. All that cooking oil? Making it, using it, and getting rid of it – it's a real environmental headache.
Think about itpouring used oil down the drain messes up waterways and clogs up the pipes. Plus, all that electricity these deep fryers suck up, especially in restaurants, pumps out greenhouse gasses and wastes energy.
What can we do? Well, it's gonna take a bunch of things. Companies are starting to build fryers that use less energy and have cool features like oil filters to keep the oil fresh longer. And there's a push to get people to recycle used cooking oil responsibly. Sounds good, right? The tricky part is actually making all this happen everywhere, especially where they don't have good waste disposal systems.
Key Market Trends
Lately, everyone's thinking more about healthy eating, and that's really shaken up the deep fryer market. People still crave that amazing fried food taste, but they're worried about the health stuff. So, now we're seeing this big move towards healthier ways to fry things, like with air fryers and oil-less fryers. These clever gadgets use way less oil (or even none!), so you get that crispy crunch without all the extra calories and fat. Companies are working hard on making these fryers even better. They want air fryers that can totally trick you into thinking you're eating regular deep-fried goodies, but without the guilt! As more and more people jump on this bandwagon, it's changing the whole game. It's all about giving health-conscious foodies a way to enjoy their favorite treats while looking after themselves. It's the best of both worlds!
So, now we're seeing smart and connected deep fryers popping up everywhere thanks to tech getting cozy with our kitchen gadgets. These aren't your grandma's fryers! They've got snazzy digital screens, Wi-Fi, and even smartphone apps so you can keep an eye on your food from afar. It's all about making things easier for those of us who love our tech. These smart fryers let you do cool things like precisely control the temperature, set cooking times, and get alerts when your food's ready – talk about making frying foolproof! Plus, they can even gather data on how you cook, which is pretty neat. This lets companies (and us!) learn more about the best ways to fry, how much oil we’re using, and how to save energy. Basically, as the Internet of Things (IoT) keeps getting bigger, expect to see even more tech creeping into our kitchens, which should keep the market sizzling and those tech-loving cooks happy.
It's amazing how much our food is changing! Plant-based diets are taking off, and we're all trying new and exciting cuisines from around the globe. This is even impacting our deep fryers! People are frying up things like tofu and tempeh, which means there's a demand for fryers that are perfect for plant-based cooking. Think super crispy textures using things like coconut oil. Plus, who doesn't love Japanese tempura, Indian pakoras, or Middle Eastern falafel? Because of this, companies are making deep fryers that can handle all sorts of cooking styles and different oils, letting us explore all kinds of delicious fried foods!
Everyone's talking about sustainability these days, and the world of deep fryers is no different! As we all become more aware of our impact on the planet, you'll find that manufacturers are really concentrating on building more energy-efficient appliances. They're tweaking everything from the heating elements to the insulation and even the control systems to use less energy while you're frying. Plus, what happens to all that used cooking oil? That's a big sustainability issue too! Many manufacturers are now building in oil filtration and recycling systems right into the fryers, which helps the oil last longer and cuts down on waste. That's a win for the environment and helps save money for homes and restaurants. And it's not just about energy and oil – think about the materials used to build the fryers themselves! Manufacturers are checking out more eco-friendly materials that leave a smaller carbon footprint, and some are even figuring out how to make their products easier to recycle.
Download Sample
Segmental Insights
The deep fryer world is seeing a big jump in folks wanting electric models! Why? Well, people are really focused on saving energy, and electric deep fryers are getting smarter all the time. Plus, we're all changing what we want in the kitchen. Electric fryers give you super precise temperature control, so your food cooks perfectly every time and you don't waste energy. They're also easy to use and have better safety features, which is a win for everyone. With more of us caring about the planet and healthy eating, electric fryers are becoming the go-to because they use less oil and can make healthier snacks. Smart technology is even making them better, letting you keep an eye on things and control the cooking from your phone! This demand is shaking things up, pushing companies to come up with new and cool features to keep up with what we want today.
Hey, did you know the deep fryer market is booming online? It's all because we're changing how we shop and love doing it online! It's just so much easier to find what you want, see tons of choices, and quickly compare prices. And let's face it, with everything that's been going on, everyone's been buying stuff online way more anyway. Who wants to leave the house when you can buy a deep fryer from your couch? Plus, reading reviews helps you pick the perfect one! Because of this, companies that make and sell deep fryers are really focusing on their websites, making sure their product info is great, and trying to make buying super easy. It's totally changing how they sell and get the word out about their deep fryers.
Regional Insights
North America? Yeah, it's a big player in the deep fryer world, and here's why. First off, we've got a massive food scene – think tons of restaurants, fast-food joints, the whole shebang – all needing those commercial deep fryers. Plus, let's be honest, we love our fried food! That craving, mixed with our love for quick and easy meals, keeps both home and professional fryers selling like crazy. And because we're all about the latest gadgets, things like fancy temperature controls and energy-saving designs are a huge hit. Now, even though we love a good crunch, we're also trying to be a little healthier, which is why air fryers are also super popular. So, between our history with fried deliciousness, what we like to eat, and our love for new tech, North America's likely going to stay on top of the deep fryer game for a while.
Recent Developments
- In2021, De'Longhi Group has completed its $164 million purchase of Eversys.
- In2021, Electrolux has announced the acquisition of CSAV, the leading independentservice provider in France specializing in domestic appliance repair. Thisacquisition is in line with Electrolux Group’s strategy to deliver exceptionalcustomer experiences throughout the entire appliance life cycle.
Key Market Players
- Ali Group SRL
- Breville Group
- De'Longhi S.p.A.
- Electrolux AB
- Eware Appliances
- Groupe SEB
- Hamilton Beach BrandsHolding Company
- Henny Penny
- National Presto IndustriesInc.
- Welbilt Inc.
|
By Type |
By Capacity |
By End User |
By Distribution Channel |
By Region |
|
• Electric Deep Fryer • Gas Deep Fryer
|
• Less than 2L • 2L-5L • More than 5L
|
• Residential • Commercial |
• Online • Offline
|
• North America • Europe • Asia Pacific • South America • Middle East & Africa |
Deep Fryer Market Segmentations
By Distribution Channel (2019-2031)
- Online
- Offline
By End-User (2019-2031)
- Commercial
- Residential
Related Reports
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy