Market Size of Deep Fryers Industry
| Study Period | 2020-2029 |
| Market Size (2024) | USD 1.20 Billion |
| Market Size (2029) | USD 1.34 Billion |
| CAGR (2024 - 2029) | 2.23 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Deep Fryers Market Analysis
The Deep Fryers Market size is estimated at USD 1.20 billion in 2024, and is expected to reach USD 1.34 billion by 2029, growing at a CAGR of 2.23% during the forecast period (2024-2029).
The growth of the food and beverages industry is a positive factor that is increasing the growth of the deep fryer market. Since deep fryers increase product demand, deep fryers are increasingly used in cafes, hotels, and other eateries to prepare various food products. Factors like increasing population, changing consumer preferences, and the emergence of technological advancements like automatic variants with alarms, timers, and self-cut-off systems enhance user convenience, contributing to market growth.
There is an increased demand for fast-food restaurants across the globe because of the increasing demand for fast food. Fast-food restaurants are popular due to their simple look and feel. The fast-food industry provides various options for this demographic, positively influencing the product industry.
The manufacturers have started selling the products through online platforms. To ensure maximum product penetration, manufacturers have tied up with many distributors across the globe, which helps in product expansion and customer base. The increased Internet and social media penetration contributed to the market growth through the influence of food bloggers and professional chefs from their regular video uploads, triggering the demand for deep fryers.
