Global Air Fryer Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Manual, Automatic.

By Type;

Residential and Commercial.

By Distribution Channel;

Supermarkets and Hypermarkets and Specialty Stores.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn511640470 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Air Fryer Market (USD Million), 2021 - 2031

In the year 2024, the Global Air Fryer Market was valued at USD 1166.51 million. The size of this market is expected to increase to USD 3102.95 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.0%.

The air fryer market is experiencing rapid expansion driven by several key factors. One significant driver is the introduction of new products featuring improved designs, catering to evolving consumer preferences. Increasing consumer interest in healthier eating habits and balanced diets is also boosting market growth. Awareness about the adverse effects of consuming high-oil and fried foods on cholesterol levels and cardiovascular health is prompting more consumers to opt for air fryers as a healthier cooking alternative.

The demand for air fryers is notably high in restaurants, hotels, and hospitals, driven by their efficiency and health benefits. Moreover, the broader trend towards energy-efficient products is further propelling market expansion. As global retail sales of home and household appliances are projected to surpass USD 500 billion by 2024, with major kitchen appliances accounting for a significant share, the air fryer segment is poised to capitalize on this growth trajectory.

Factors such as increasing disposable incomes, availability of affordable financing options, urbanization, changing lifestyles, and the expanding middle-class population are also contributing to the air fryer market's growth. These trends reflect a shift towards healthier cooking methods and a preference for convenient, yet health-conscious kitchen appliances.

Despite its promising growth prospects, the air fryer market faces challenges. High initial costs compared to traditional cooking appliances may deter price-sensitive consumers. Additionally, concerns persist regarding the taste and texture of air-fried foods compared to their deep-fried counterparts, potentially limiting widespread adoption among certain consumer segments.

Overall, driven by innovation, health consciousness, and changing dietary preferences, the air fryer market is poised for continued expansion as it meets the growing demand for healthier cooking solutions globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Air Fryer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health-Conscious Consumers
        2. Versatility
        3. Innovation
      2. Restraints
        1. Price Point
        2. Limited Capacity
      3. Opportunities
        1. Smart Appliances
        2. Multifunctionality
        3. Focus on Design
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Air Fryer Market, By Product, 2021 - 2031 (USD Million)
      1. Manual
      2. Automatic
    2. Global Air Fryer Market, By Type, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
    3. Global Air Fryer Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets and Hypermarkets
      2. Specialty Stores
    4. Global Air Fryer Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Koninklijke Philips N.V.
      2. Meyer Corporation
      3. NuWave, LLC
      4. Groupe SEB
      5. Conair Corporation
      6. GoWISE USA
      7. Breville
      8. Avalon Bay
      9. Bajaj Electricals Ltd
      10. Rosewill, Inc.
  7. Analyst Views
  8. Future Outlook of the Market