PUBLISHER: KBV Research | PRODUCT CODE: 1529250
PUBLISHER: KBV Research | PRODUCT CODE: 1529250
The Latin America, Middle East and Africa Air Fryer Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 871.04 thousand units, showcasing a growth of 9.2% (2024-2031).
Manual products in the air fryer market refer to appliances that operate without digital controls or automated presets. These air fryers typically feature manual dials or buttons for adjusting temperature and cooking time, offering users more hands-on control over their cooking process. Thus, the Saudi Arabia market is expected to utilize 43.36 thousand units of manual air fryer by 2031.
The Brazil market dominated the LAMEA Air Fryer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $24.9 Million by 2031. The Argentina market is showcasing a CAGR of 8.9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.4% during (2024 - 2031).
One of the primary drivers of the air fryer market is the growing health consciousness among consumers. In an era where lifestyle diseases such as obesity, diabetes, and heart disease are prevalent, there is a heightened awareness about the impact of diet on overall health.
Moreover, consumers increasingly seek ways to reduce their unhealthy fats and calorie intake without compromising taste and texture. Air fryers, which require significantly less oil than traditional deep-frying methods, offer a solution that aligns with these health goals.
As economic prosperity increases across LAMEA countries, consumers have greater purchasing power for appliances that enhance their lifestyles, including air fryers. In Brazil, the increasing demand for air fryers is driven by a rising focus on health and wellness. According to the Brazilian Institute of Geography and Statistics (IBGE), approximately 61.7% of Brazilian adults were classified as overweight in 2019. This health concern has heightened the focus on healthier cooking methods, making air fryers popular due to their ability to cook with less oil.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA 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)