The global air fryer market size might showcase notable growth during the forecast period of 2024-2032. An air fryer is an electric cooking appliance that uses minimal oil for frying a wide range of foods, thereby offering a healthy alternative for deep frying. They are quite similar to microwaves in terms of their functioning. Moreover, these fryers are easily transportable and compact in size. These features are expected to boost the air fryer market growth.
Fortune Business Insights presents this information in a report titled "Air Fryer Market, 2024–2032."
Top Key Players in the Air Fryer Market:
Information Source: https://www.fortunebusinessinsights.com/air-fryer-market-107276
COVID-19 Impact
Nationwide Lockdowns and Other Restrictions Slumped Market Growth During COVID-19
The COVID-19 pandemic had a negative influence on the market progress as countries across the world had imposed lockdowns and other restrictions to contain the spread of the virus. Many industries, such as tourism and hospitality were adversely affected by the outbreak. This factor decreased the revenue margins of several air fryer manufacturers as the demand for their products declined during this period.
Segments:
By product, the market is segmented into manual and automatic.
By end user, the market is bifurcated into residential and commercial.