PUBLISHER: KBV Research | PRODUCT CODE: 1529230
PUBLISHER: KBV Research | PRODUCT CODE: 1529230
The North America Air Fryer Market would witness market growth of 6.0% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 2,072.31 thousand units, showcasing a growth of 23.4% (2020-2023).
Digital products in the air fryer market encompass a range of technologically advanced air fryers equipped with digital interfaces and smart features. These models typically include digital touchscreens, precise temperature and time controls, pre-programmed cooking settings for various foods, and sometimes connectivity to mobile apps. Thus, the Canada market is expected to utilize 667.27 thousand units of digital air fryer products by 2031.
The US market dominated the North America Air Fryer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $403.8 Million by 2031. The Canada market is experiencing a CAGR of 8.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.4% during (2024 - 2031).
An air fryer is a culinary appliance that is essential for cooking food. It is designed to create a crispy exterior that is like traditional frying methods, but it uses significantly less oil. This is accomplished by circulating heated air around the food. The market has witnessed remarkable growth over the past decade.
Additionally, this growth is driven by various factors catering to contemporary consumer needs and preferences. With the increasing demand for convenient culinary solutions and health consciousness, air fryers have become increasingly popular, providing a healthier alternative to traditional frying methods.
The growing health-conscious consumer base in North America is a major driver of the air fryer market. A combination of health consciousness, high disposable income, and social media influence drives the increasing demand for air fryers in the United States. According to the Centers for Disease Control and Prevention (CDC), approximately 42.4% of American adults were classified as obese in 2017-2018, prompting a shift towards healthier eating habits. Air fryer, which allow for the preparation of lower-fat meals, align perfectly with this trend.
Based on Product, the market is segmented into Digital, and Manual. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, and Online Channel. Based on End User, the market is segmented into Residential, and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Air Fryer Market Report Segmentation
By Product (Volume, Thousand Units, USD Billion, 2020-2030)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2030)
By End User (Volume, Thousand Units, USD Billion, 2020-2030)
By Country (Volume, Thousand Units, USD Billion, 2020-2030)