The countertop pressure fryer market size is anticipated to rise from USD 485 Millon in 2023 and it is anticipated to surpass USD 730 Million by 2033. The demand for countertop pressure fryers is anticipated to expand at a CAGR of 4.2% during the forecast period due to the rising popularity of fast food and snacks.
Some of the key factors aiding the sales include:
Attribute | Details |
---|---|
Countertop Pressure Fryer Market Estimated Size (2023) | USD 485 Million |
Countertop Pressure Fryer Market CAGR (2023 to 2033) | 4.2% |
Countertop Pressure Fryer Market Forecasted Size (2033) | USD 730 Million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The hotel, restaurant, and cafe (HORECA) industry make substantial use of countertop pressure fryer and accessories. Modern countertop pressure fryers with timers and alarms are in high demand in the commercial sector. Additionally, an automatic countertop pressure fryer that can automatically raise and lower the basket in and out of the oil after the food has been cooked has drawn a lot of interest from the involved stakeholders.
In addition, modern countertop pressure fryers with ventilation systems to remove cooking odors from the kitchen and oil filtering systems to increase the amount of oil that can be reused have become popular.
In the last few years, there have been considerable technological improvements in the countertop pressure fryer sector. The latest market innovation includes electronic temperature control devices for countertop pressure fryers. Countertop pressure fryers that are temperature controlled continuously sense, monitor, and alter their internal temperature to reduce energy consumption and avoid fires. These technical developments are likely to support the market expansion for countertop pressure fryers in the ensuing years.
The global restaurant and food services sector is likely to keep growing at a strong rate, helped along by rising disposable incomes, and is anticipated to largely be untouched by the present global economic slump. Quick Service Restaurants (QSRs) are presently rapidly expanding, especially in developing nations in Latin America, Africa, and India. QSRs' great performance can be ascribed to competitive and cheap pricing in the face of rising appetite and convenience. In the past few years, international QSR with localized product options and cuisines has experienced tremendous growth.
Some of the QSR's product selections that are well-liked by customers include cheeseballs, fries, and hamburgers. As a result, the countertop pressure fryer market's active stakeholders are likely to have lucrative prospects as the HORECA and QSR industries grow.
Products like air fryers pose significant challenges for the market for countertop pressure fryers. The preference of consumers in developed nations is currently changing and moving toward low-calorie and low-oil food items. Deep-fried food consumption frequently contributes to cardiac conditions like heart attacks, strokes, obesity, colon cancer, and diabetes. Countertop pressure fryers also necessitate a high level of upkeep and cleaning in the immediate vicinity. Additionally, deep-frying food eliminates important components including vitamins and minerals. Customers are now choosing healthier products as a result.
Leading companies in the countertop pressure fryer market are now introducing low-oil fryers, often known as air fryers, in response to shifting consumer views and preferences. To remove the moisture from the food, air fryers employ heated air that has been enhanced with tiny droplets of oil. Air-fried food is comparable to deep-fried food, except it contains far less fat. Countertop pressure fryer market expansion is anticipated to be constrained by the availability of substitute, healthier deep-frying solutions.
In the USA, the Upto 16 Litre type commanded a large market share with a CAGR of 4.4% from 2023 to 2033. It is anticipated that rising fast food demand would have a favorable effect on supply. Fast food restaurants such as KFC, McDonald's, and Burger King have websites and applications that allow customers to buy meals online. Fast food consumption has been positively impacted by the convenience of ordering from home and the drive-through concept, which is anticipated to increase demand for countertop pressure fryers throughout the projection period.
Restaurants, hotel kitchens, and food trucks are just a handful of the venues that employ the commercial model. These fryers can be electric, gas, or pressure fryers, among other sorts. The demand for this market sector is anticipated to benefit from changing fast-food market dynamics. The variety of fast-food businesses has increased during the past several years. As businesses innovate and provide their consumers with non-traditional culinary alternatives, the demand for fried food is rising.
Direct sales are made through retail locations or business websites. A retail store is often run by a dealer or owned by the product maker. These shops get the goods directly from the producer or from a wholesaler who offers them at a bulk discount. The goods are then marked up in price before being sold to customers. The most popular distribution method is through retail storefronts, and the majority of manufacturers either have retail locations or offer their goods online.
The firms or people that purchase the product from producers and resell it to other retail establishments or other participants in the retail value chain are included in the distributors' section of the countertop pressure fryer market. Many businesses partner with distributors to market their goods, ensuring that those goods are accessible to a large audience. These distributors may be found both domestically and abroad. They are in charge of distributing goods to different retailers, supermarkets, hypermarkets, convenience shops, and other businesses.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
With almost 38.8% of the market share in terms of sales in 2023, the USA is predicted to dominate the regional market. The USA is anticipated to hold USD 316.25 Million by 2033, rising at a CAGR of 5.3% from 2023 to 2033. Due to consumers' growing inclination for convenience foods and fast meals that can be consumed on the go, the region is expected to maintain its dominant position in the countertop pressure fryer market over the forecast period.
Due to the increased demand for fried food consumption, major restaurants and quick service restaurants (QSRs) want to use countertop pressure fryers for frying food throughout North America. In the USA, strict standards to ensure food quality are closely regulated, stressing the use of dependable kitchen machines like industrial fryers to deliver meals in less time while guaranteeing good quality.
The usage of countertop pressure fryers in homes and the commercial kitchen industry has increased as a result of the availability of a wide variety of fried food products in Europe. By 2033, the UK countertop pressure fryer market is expected to be valued at USD 43.8 Million and experience a CAGR of 4.2% during the forecast period.
The primary growth-inspiring element is increased health consciousness together with rising consumer disposable income levels in emerging nations. Furthermore, it is anticipated that the presence of well-known corporations would positively affect the development of the area.
Due to a rise in fried food consumption, Korea is rapidly expanding the amount of fried food it serves in its restaurants and entertainment venues. This helps the market for countertop pressure fryers see an increase in demand. In a similar vein, commercial fryer usage is becoming increasingly popular in South Korea. The South Korean countertop pressure fryer market is projected to reach a valuation of USD 25.55 Million by 2033, with a CAGR of 3.1% during the forecast period.
The commercial fryer market in the area is being driven by the introduction of well-known businesses in the food services industry. Korean suppliers are working with other market participants to create an effective countertop pressure fryer. As a result, throughout the projection period, the commercial countertop pressure fryer market is anticipated to develop quickly as a result of increased demand from Korea's booming food service sector and rising M&A activity among top vendors.
Due to increase per capita income in developing countries, a growing middle-class population, and rising standards of life, Japan's countertop pressure fryer market is anticipated to be valued at USD 53.29 Million by 2033, rising at a CAGR of 4.3% throughout the projected period. Fried food consumption is very high in Japan. Commercial fryer equipment is being used by an increasing number of quick-service restaurants, motels, cafeterias, and full-service restaurants.
The demand for commercial fryer equipment is also being driven by an increase in the consumption of fried food from food trucks, clubs, pubs, sports bars, clubs aboard trains, and ferries and cruises. Japan consumes the most fried food of any region because it has a big traditional fried food industry that draws customers to the area's commercial fryer market.
Due to their comparable product portfolios and clientele, start-ups are now engaged in severe competition. Over the projected period, it is anticipated that new fast food companies' expanding operations would have a favorable effect on countertop pressure fryer demand.
Several start-ups have begun selling their goods online. To guarantee the widest possible product distribution, start-ups are partnering with distributors across the world. This assists them in growing both their customer base and the reach of their goods. Additionally, the industry is anticipated to benefit from rising internet penetration in both developed and emerging nations.
General Foodservice manufactures commercial gas fryers which are available with 90k, 120k, or 150k BTUs of natural gas or liquid propane and can carry 40, 50, and 70 lbs. of oil or shortening in a stainless-steel tank. The Millivolt control scheme in temperatures between 200- and 400 degrees Fahrenheit, which does not require an electrical connection, makes operation convenient and boost the sales of countertop pressure fryers.
The adoption is rising as a variety of cooking tasks can be handled by General Range and Ovens in commercial kitchens. While the great size of the countertop pressure fryer allows for the perfect baking of your favorite chicken or fish dish as well as, of course, desserts, the range top is ideal for making soups, sauces, or side dishes. The Charbroilers, Griddles, Hot Plates, and Char-Rock Broilers product range are all part of the general countertop commercial cooking equipment category.
One of the key factors propelling market expansion is the rise in the number of restaurants and other food-related businesses. Numerous food service businesses are expanding both locally and globally as a result of the growing need for more culinary alternatives in emerging nations. The demand for countertop deep fryers rises as a result.
For instance, Super Duper Burger, a burger business, has announced plans to expand in San Francisco, California. During the predicted period, Barbeque Nation Hospitality, which specializes in a fusion of American, Mediterranean, Pan-Asian, Oriental, and Continental Cuisines, has also made plans to establish about 50 additional restaurant locations.
Recent developments in the electric fryer sector include air fryers. Air fryers assert to use 80% less fat than a traditional deep fat fryer. In addition to using cutting-edge technology, the manufacturers of electric fryers make sure that the appliances have a user-friendly interface and appealing product aesthetics. Based on frying capacity and product features, the main players in the commercial countertop fryer market set their goods apart. Many emerging and poor nations rely heavily on local and regional suppliers.
With the increase in product and service extensions as well as technical advancements, the competitive landscape in the market for commercial deep fryers is anticipated to get more intense. Additionally, it is anticipated that the influence of food bloggers and chefs who frequently publish films about cooking at home with deep fryers and other appliances would increase demand.
Leading Producers of Countertop Pressure Fryer Account for Approx. 55% of Global Output
The presence of several well-known competitors, such as Emeril, Ninja, NuWave, and Winston, as well as numerous small and medium-sized competitors, dominates the market. Furthermore, the countertop pressure fryer industry is marked by intense competition since the top countertop pressure fryer manufacturers have such a large client base. The players are well-established, have robust and wide-ranging distribution networks, and they can satisfy the demands of the food chain industry.
Attribute | Details |
---|---|
Growth Rate | CAGR of 4.2% from 2023 to 2033 |
Base Year of Estimation | 2023 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and Volume in Units and F-CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
Key Segments Covered | By Capacity, By Buyer Type, By Sales Channel, By Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East & Africa; Oceania |
Key Countries Profiled | United States of America, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
Key Companies Profiled | Emeril; Ninja; NuWave; Winston |
Customization & Pricing | Available upon Request |
The global countertop pressure fryer market is estimated to be valued at USD 485 Million in 2023.
The countertop pressure fryer market is likely to grow at a CAGR of 4.2% from 2023 to 2033.
The countertop pressure fryer market is projected to reach a valuation of USD 730 Million by 2033.
The USA is projected to lead the global countertop pressure fryer market by 2033.
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 Capacity 5.1. Upto 16 Litre 5.2. 16 - 24 Litre 5.3. >24 Litre 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Buyer Type 6.1. Household 6.2. Commercial 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 7.1. Direct Procurement 7.2. Distributor Sales 7.3. eCommerce Platforms 7.4. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. Middle East and Africa (MEA) 8.6. Oceania 8.7. South Asia and ASEAN 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. South Asia and ASEAN Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. National Presto Industries, Inc 18.2. Penguinw 18.3. Avenueup 18.4. Romaness 18.5. Adexa 18.6. Middleby Corporation 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Process Automation Insights
View Reports