Global Deep Fryer Market Size To Exceed USD 1.10 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Deep Fryer Market Size is Expected to Grow from USD 0.83 Billion in 2023 to USD 1.10 Billion by 2033, at a CAGR of 2.86% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Deep Fryer Market Size, Share, and COVID-19 Impact Analysis, By Type (2L and 2L- 5L), By Product (Commercial and Household), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The deep fryer market is the industry that produces, distributes, and sells electric, gas, and air fryers for deep-frying food in domestic, commercial, and industrial usage. These fryers are found in restaurants, fast food restaurants, hotels, and homes and are used to prepare fried foods. Moreover, The Deep Fryer Market is fueled by rising demand for fried food in quick-service restaurants (QSRs), technology innovations in energy-efficient and intelligent fryers, growing adoption in commercial kitchens, increasing popularity of air fryers for healthier frying, and growing foodservice industries globally, such as hotels, cafes, and fast-food chains. However, the deep fryer market is constrained by health issues regarding the consumption of fried food, energy intensive, safety hazards (oil fire, burns), increasing raw material prices, and growing demand for alternative cooking methods such as baking and air frying.
The 2L- 5L segment accounted for the largest share of the global deep fryer market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on type, the global deep fryer market is divided into 2L, 2L- and 5L. Among these, the 2L- 5L segment accounted for the largest share of the global deep fryer market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is driven by strong demand from restaurants, fast-food chains, and consumers. Its versatility, greater capacity for cooking multiple servings, and increasing use in commercial kitchens make it the market leader.
The commercial segment accounted for a substantial share of the global deep fryer market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the product, the global deep fryer market is divided into commercial and household. Among these, the commercial segment accounted for a substantial share of the global deep fryer market in 2023 and is anticipated to grow rapidly during the projected period. This is led by strong demand from restaurants, hotels, fast-food chains, and cafes. The growth of the food services industry and the growing usage of large-capacity fryers also help its market leadership.
Asia Pacific is projected to hold the largest share of the global deep fryer market over the projected period.
Asia Pacific is projected to hold the largest share of the global deep fryer market over the projected period. This is driven by a thriving food service market, rising demand for fast food, urbanization, and expanding use of commercial deep fryers in nations such as China, India, and Japan, where street food culture and quick-service restaurants are growing.
Middle East & Africa is expected to grow at the fastest CAGR of the global deep fryer market during the projected period. This is led by a fast-growing food service market, accelerating urbanization, growing acceptance of Western-style fast food trends, and rising investments in restaurants, hotels, and quick-service restaurant (QSR) chains throughout the region.
Company Profiling
Major vendors in the global deep fryer market are Groupe SEB, AB Electrolux (publ), Ali Group Worldwide, Breville Pty Ltd, Hamilton Beach Brands Holding Company, Henny Penny, National Presto Industries, Inc., Fagor Professional, WELBILT INC, TTK Prestige Ltd., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In April 2024, Breville officially confirmed a flawless integration of Algolia's AI Search. Its deployment will drive Breville to boost online engagement and customization for its 15 million international online visitors. This will enhance customer experience, resulting in their visitor-to-order ratio increasing noticeably, with 20% of visitors eventually making a purchase.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global deep fryer market based on the below-mentioned segments:
Global Deep Fryer Market, By Type
Global Deep Fryer Market, By Location
Global Deep Fryer Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa