About Deep Fryers
A deep fryer is a kitchen appliance which is used for deep frying. It is mostly used in hotels, restaurants, and other commercial establishments. It can also reach higher temperature as compared to electric models. It can easily cook fast food, then making food crispy. It is commonly used for frying chicken under pressure. Deep fryers are designed to cook a wide variety of dishes namely casseroles, desserts, stir-fries, and curries by using the minimum amount of oil. Rising disposable income and living standards coupled with growing domestic & international tourism and increasing market penetration of electric fryers are some of the major drivers which are propelling the growth of the market. In addition, a significant increase in the meat-eating population is anticipated to further drive growth in the near future. The global deep fryers market to grow at a CAGR of 3.2% during the period 2018-2022.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Deep Fryers market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Deep Fryers Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Deep Fryers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Avantco Equipment (United States), Electrolux Professional (Sweden), Falcon Foodservice (United Kingdom), Grindmaster Cecilware (United States), Henny Penny (United States), Illinois Tool Works Inc. (United States), The Manitowoc Company, Inc. (United States), The Middleby Corporation (United States), Standex International Corporation (United States) and Star International Holdings Inc (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are WARING COMMERCIAL (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Deep Fryers market by and Region.
On the basis of geography, the market of Deep Fryers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. 2L will boost the Deep Fryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Deep Fryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Commercial will boost the Deep Fryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement of the Deep Fryers and Increasing Demand for Fast Casual Restaurants
Market Growth Drivers:
Increasing Preference for Convenience Food and On-The-Go Fast Food and Improving Standards of Living in Developing Countries
Challenges:
High Prices of Deep Fryers Products
Restraints:
Lack of Awareness Regarding Deep Fryer Products
Opportunities:
Rising Demand from Emerging Economics Such as India, China and Others
Market Leaders and their expansionary development strategies
In April 2024, One Equity Partner a middle market private equity firm, announced it has completed the acquisition of engineered spring and precision components manufacturer Associated Spring (or “the Company”) from global industrial technology and aerospace manufacturer Barnes Group Inc.
In September 2022, Borosil has launched their all new 4 in 1, Best Air Fryer. It’s a versatile appliance that helps it to fry, bake, grill and even roast food items using 90% less oil than regular frying methods.
On June 2013, as per an article published by The Food Safety and Inspection Service (FSIS), that the hot oil can burn people as well as sometimes it also starts fires. If food is not properly cooked to a safe temperature, it can affect a food borne illness
Key Target Audience
Manufacturers of Deep Fryers, Suppliers of Deep Fryers Part, Wholesalers, Distributors and Retailers of Deep Fryers, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.