The commercial air fryer oven market is anticipated to increase, from USD 1,200 million in 2023 to USD 2,273.8 million in 2033. According to FMI, the market is expected to expand at a CAGR of 6.6%.
The global commercial air fryer oven market is expanding rapidly due to businesses’ growing interest in air fryer ovens with multifunctional features. In contrast to conventional deep fryers, air fryers have multiple uses, including deep frying, skillet cooking, air roasting, baking, broiling, and toasting. This versatility has drawn a sizable home customer base and increased the overall market share.
More companies are inclining towards offering more advanced commercial air fryer ovens with different cooking modes to cater to residential demand as well. For instance, in 2021, EPEIOS launched the latest model EPEIOS CP247A of its Epicure+ Air Fryer Oven series. This air fryer is highly functional and comes with a larger capacity, such as an oven.
Moreover, the EPEIOS CP247A air fryer is launched with 6 functions, such as air frying, oven, bread toaster, food dryer, defrost, and dough proofing. It is also equipped with a dual heating mode, which lets the user choose between top and bottom heating based on the food.
Commercial air fryer oven makers are developing air fryers that produce healthier ways to prepare deep-fried foods, rather than displacing traditional, healthy methods of preparing food, such as boiling and grilling.
The adoption of production tools based on cutting-edge technology in response to the demand for air-fried food products is predicted to boost the demand for commercial air fryer ovens worldwide over the estimated period. For instance, Philips released the Philips Airfryer XXL in 2019 with Smart Sensing technology, which makes cooking easier.
The adoption of the commercial air fryer oven market is being driven by the increasing innovation in new product performance coupled with superior design. Additionally, the gastronomy sector is expected to increase, and there are many air fryers available on various internet platforms, including social media.
The sales of commercial air fryer ovens are being pushed by the increase in global food consumption, as well as the expansion of the food processing sector. As the food processing industry develops, food processing technology improves, and consumer demand for processed foods increases, the commercial air fryer oven market share is anticipated to expand.
| Attributes | Details |
|---|---|
| Commercial Air Fryer Oven Market Size Value in 2023 | USD 1,200.0 Million |
| Commercial Air Fryer Oven Market Forecast Value in 2033 | USD 2,273.8 Million |
| Commercial Air Fryer Oven Market Global Growth Rate 2023 to 2033 | 6.6% |
| Commercial Air Fryer Oven Market Share of India in South Asia | 26% |
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Air fryers have lately gained popularity due to the enduring desire for fried foods and rising health concerns. More potatoes are consumed in America than any other vegetable, and 40% of the market is made up of frozen foods like French fries.
The growth of nuclear families, which promotes the consumption of nutritious foods and changes in lifestyle and customer preferences, is another factor boosting demand for commercial air fryer oven.
The need for new, innovative, and technologically sophisticated products is also expected to increase, and consumers' preference for less-oily, healthier meals is likely to fuel the market's expansion over the forecast period.
Commercial air fryer ovens promote their product as a way to prepare and consume fried meals without the negative health impacts of fried food. To address the increased demand for healthy functional meals and drinks, manufacturers are expected to invest in revolutionary technology.
The rise in food production capacity and the food processing industry in emerging economies is likely to boost the growth of the commercial air fryer oven market.
Some people are dubious about the alleged health benefits of air-fried foods, while others are cautious about the potential health risks of using this unique method of cooking, primarily as they are concerned about toxicity and cancer. High initial investment costs and rising manufacturing expenses as a result of rising energy and labor costs impede commercial air fryer oven market expansion.
Continuous improvements in product performance are driving up the cost of the finished product, and the availability of substitute products at low prices is anticipated to limit the commercial air fryer oven market growth.
Additionally, the longer cooking times of air fryers that result in higher energy and electricity usage are hampering the demand for commercial air fryer ovens. Additionally, an air fryer takes at least 20 to 25 minutes, compared to 10 to 12 minutes for a standard fryer. Therefore, it is anticipated that these factors are likely to restrain market expansion throughout the upcoming years.
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Switching to air-fried dishes from deep-fried ones and regularly consuming fewer harmful oils can also help with weight loss. The USA commercial air fryer oven market is therefore anticipated to reach USD 310.1 million in 2023 due to its adaptability.
Sales are being boosted by consumers' growing acceptance of modular design and smart kitchen appliances. Additionally, manufacturers are pushing for improved market access and increased investment in Research and Development (R&D).
The USA market is somewhat consolidated, with the bulk of commercial air fryer oven market share going to well-established, internationally renowned manufacturers, with the exception of Tier 2 businesses and start-ups, who provide a greater variety of product choices.
By 2033, Europe is anticipated to have the biggest market share, at 40%. The most influential local market in Europe is Germany. Consumer health awareness is rising, online usage is expanding, and easy financing options, together with specials and promotions from major e-retailers, are all contributing to the increase in sales of commercial air fryer ovens.
Furthermore, it is anticipated that the presence of well-known producers like Philips, Ninja, and Prestige is likely to increase demand for commercial air fryer oven in Germany.
Due to its developing economy, expanding industrial base of food processing services driven by rapid urbanization, and rising demand for convenience food, which is fueled by customers' soaring disposable income and spending power of convenient yet healthy and less oily food, the German market is witnessing notable progress.
| Countries | Innovations |
|---|---|
| Korea | Although the general elements of commercial air fryer ovens remain the same. But manufacturers are still concentrating on innovation and customization. For instance:
|
| China | The commercial air fryer oven market is likely to expand as a result of an increase in the domestic use of air fryers due to China's availability of low-cost goods and customers' increased disposable incomes. |
Digital commercial air fryer ovens are leading the market value and are expected to grow with more than 4.5% CAGR over the forecast period. The preference of consumers for digital commercial air fryers over manual air fryers has mostly changed as a result of time savings, high cooking capabilities, and consistency in flavor and texture.
As a result, digital commercial air fryers are quickly increasing their market share, and manufacturers have been concentrating on making products that are trendy and have modern features.
Commercial air fryer ovens with a capacity of more than 8 quarts hold the majority of the market share. This is because air fryers retain heat rather than increasing the temperature of the kitchen area like a regular oven does, which saves a lot of space for the food service and food processing industries and maintains the ambient temperature at a comfortable level.
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Active commercial air fryer oven market participants have been able to survive in the fiercely competitive consumer-centric industry due to ongoing improvements in product performance and functionality, as well as ongoing consumer input.
Recent Development
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; and MEA |
| Key Countries Covered | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, and UAE |
| Key Segments Covered |
Product Type, Wattage, Capacity, Region |
| Key Companies Profiled | Cuisinart; Calphalon; Kalorik; Black & Decker; Havells; Brava Home; Ninja Kitchen; Hamilton Beach Brands; COSORI; Breville; Philips; GoWISE; Inalsa; KENT |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The commercial air fryer oven market is estimated to have a value of USD 1,200.0 million in 2023.
The North America commercial air fryer oven is expected to register a 4.0% CAGR by 2033.
In terms of sales, commercial air fryer ovens expanded at a CAGR of around 3.7% from 2017 to 2022.
The global commercial air fryer oven market is expected to be worth USD 2,273.8 million by 2033.
Europe holds around 40.0% of the total commercial air fryer oven revenue share.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Wattage 5.1. Below 1200 Watt 5.2. 1200-1500 Watt 5.3. 1500-1800 Watt 5.4. 1800-2200 Wattage 5.5. 2200 Wattage & Above 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 6.1. Less than 4 Quarts 6.2. 4 - 5 Quarts 6.3. 5- 6 Quarts 6.4. 6 - 8 Quarts 6.5. More than 8 Quarts 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. East Asia 7.5. South Asia 7.6. Oceania 7.7. Middle East and Africa (MEA) 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Cuisinart 17.2. Calphalon 17.3. Kalorik 17.4. Black & Decker 17.5. Havells 17.6. Brava Home 17.7. Ninja Kitchen 17.8. Hamilton Beach Brands 17.9. COSORI 17.10. Breville 17.11. Philips 17.12. GoWISE 17.13. Inalsa 17.14. KENT 18. Assumptions & Acronyms Used 19. Research Methodology
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Commercial Air Fryer Oven Market
