The global electric commercial deep fryers market was valued at USD 721.3 Million in 2022 and is projected to exhibit a CAGR of 6.6% from 2023 to 2033. As of 2023, the market is expected to be valued at USD 768.9 million. As the number of food-service establishments grows, there is an increase in the demand for deep fryers with high capacities. With high-capacity deep fryers, multiple food items can be cooked at once, which reduces labor costs.
Commercial electric deep fryers will be driven largely by the growing number of quick-service restaurants. Electric deep fryers are expected to become more popular in the near future due to the increasing number of quick-service restaurants.
Smart fryers are becoming more popular as Internet of Things (IoT) technology becomes more prevalent. Remote temperature monitoring and control are possible with these fryers connected to the Internet. Technological advancements and the use of robots will further increase the market demand for electric commercial deep fryers.
| Data Points | Key Statistics |
|---|---|
| Estimated Base Year Value (2022) | USD 721.3 million |
| Expected Market Value (2023) | USD 768.9 million |
| Anticipated Forecast Value (2033) | USD 1,456.9 million |
| Projected Growth Rate (2023 to 2033) | 6.6% CAGR |
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The global demand for electric commercial deep fryers is projected to increase at a CAGR of 6.60% during the forecast period between 2023 and 2033, reaching a total of USD 1,456.9 Million in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2022, sales witnessed significant growth, registering a CAGR of 3.90%.
As the commercial deep fryer market grows, multifunctional deep fryers are becoming more popular. In addition to being able to fry, these deep fryers are multi-functional and can be used for a variety of tasks such as steaming, boiling, and roasting in the market. The popularity of automated deep fryers is growing due to their ability to lower labor costs and improve efficiency. Sensors and controllers on these deep fryers enable the temperature and cooking time to be automatically adjusted.
Deep fryers with smart interfaces and automated cooking processes will gain traction in the market. A wireless connectivity feature makes these smart deep fryers easy to control from a distance. Aside from this, they can provide real-time alerts, such as when the food is ready to be served, or when the oil needs to be changed, in real-time when needed.
Increasing Demand for Fast Food Chains will increase Sales of Electric Commercial Deep Fryers
Due to a growing health consciousness among consumers and the need for healthy eateries, electric commercial deep fryers will be in higher demand. Energy-efficient low-oil fryers have gained popularity since they use less oil and use less energy. Thus, businesses are able to save on oil costs and customers can find healthier food options in the market.
Commercial deep fryers are now coming with many safety features, such as automatic shut-offs, temperature controls, and oil filters, which are designed to ensure the safety of the fryer. In addition to reducing the risk of accidents and injuries, businesses are also able to provide an extra layer of protection for their customers.
With the shift around the world to online sales, businesses now have a better opportunity to sell their products, including electric commercial deep fryers, to customers all over the world. As a result, businesses have been able to reach a broader audience and access a larger customer base. As environmental concerns grow, businesses are increasingly looking for commercial deep fryers that are sustainable. In order to reduce energy consumption and waste production, one should look for energy-efficient deep fryers.
Technologies Presenting Lucrative Opportunities for Electric Commercial Deep Fryers
Electric deep fryers for commercial use are becoming more efficient and cost-effective as advanced technologies emerge, such as programmable deep fryers. A number of technologies are available that allow operators to easily adjust the temperature, cooking time, and oil level of their deep fryers, which guarantees consistent results and reduces the amount of oil wasted.
Advanced temperature controls, digital displays, and automatic shutoffs are among the technological innovations for electric commercial deep fryers. The use of these new technologies improves temperature control and safety when deep frying in commercial settings. The oil filtration systems in modern deep fryers also allow for oil reuse, which reduces operating costs.
Modern technology has improved the reliability, efficiency, and ease of use of electric deep fryers. It also comes with improved safety features, such as splash guards, heat-resistant handles, and insulated walls, so that the user can move safely within the space.
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High Development Costs for Electric Commercial Deep Fryers Hindering Growth
Due to the increasing popularity of air fryers as an alternative to commercial deep-fat fryers, will restrain growth in the market. A gas fryer can achieve a higher temperature than an electric fryer, which may vary the texture and flavor of certain foods. This may further hamper the growth of the market.
Increasing demand for oil-free foods and the popularity of air fryers will further constrain market growth. A growing number of healthier alternatives to deep fryers is expected to impede the growth of the deep fryer market.
USA Fast Food Industry and Street Food Sector Growth Will Drive the Adoption of Electric Commercial Deep Fryers
North America is expected to hold a market share of 65% in 2023, driven by hotel development, food production, and restaurants in this region. To gain access to a larger market, companies have been forced to offer affordable high-end products due to the trend toward premium products, such as electric deep fryers into the market.
A majority of the electric commercial deep fryers on the market came from the United States, accounting for 36.7% of the market share. As the manufacturing industry continues to evolve, manufacturers are committing to meeting the needs of their health-conscious customers and introducing convenience versions of electric deep fryers in order to attract these customers.
A growing preference for convenience food and on-the-go fast food is projected to keep the region at the forefront of the deep fryer market throughout the forecast period. Growing demand for restaurant businesses with open kitchens and for restaurants with good service is expected to increase the supply of electric commercial deep fryers.
Growing demand for Fast Food Restaurants in Asia Pacific is Spurring Demand for Electric Commercial Deep Fryers
Asia Pacific region is projected to exhibit the most rapid growth in the forecast period due to the increasing demand for fast food restaurants in the market. As a result of growing international food chain business expansions in developing regions such as India, China, and Japan, the market is further growing.
The increase in disposable income, socializing networks, and the growing number of small and large events have all contributed to the growth of deep-fried food, and subsequently, the electric commercial deep fryer market has grown as well. There has been a high demand for deep-fried food in China, which contributed to the growth of the market with a CAGR of 5.90% during the forecast period.
Research and development prospects for these machines in the market are expected to be driven by countries such as India and China, which offer attractive investment opportunities for food chain businesses.
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PTFE(Polytetrafluoroethylene) Type is expected to grow at a Significant Rate
PTFE (Polytetrafluoroethylene) held the largest market share in 2023 largely because of its economic viability over the long run and the reduction in the use of oil-volume systems to fuel the market. As a result, there is an increase in demand for PTFE (Polytetrafluoroethylene) in the electric commercial deep fryer market in order to save on costs and operations by 50%.
Since they are made of stainless steel, have high wear resistance, and have high energy consumption, they are solid contenders in this market thereby adding to its expansion. However high cost of these machines may further hamper the growth of the market.
With Digital Controls, Electric Commercial Deep Fryers are poised to Gain Traction
The digital control segment will hold a market share of 42% in 2023, as technology and sensors were adopted more rapidly in the market. Due to increased expenditures across the globe, the availability of advanced robots in developed countries, and increasing automation demand, the segment is expected to dominate over the forecast period.
Chefs have increased their efficiency with digital controls by developing precise cooking techniques and methods, resulting in greater demand for these digital control machines on the market. The industry is becoming more aware of the sensors and technologies used in these machines to prevent spilling and bursting, resulting in the growing demand for these electric commercial deep fryers.
Moreover, the growing safety features as well as the demand on the market to multitask at the cooking stations to provide consumers with quality food at the right time have also contributed to the growth of this market.
Cafeterias are Expected to Account for Most of the Electric Commercial Deep Fryers Used in Commercial Kitchens
Among all end-users, cafeterias are expected to account for 54.07% of the market value in 2023. Electric deep fryers are increasingly used in cafeterias due to their speed and efficiency in quickly frying large quantities of food. Moreover, with the growing trend of health-conscious consumers, electric deep fryers are now in high demand in cafeterias, as they are healthier than traditional deep fryers.
A commercial cafeteria can cut its energy costs by using electric deep fryers rather than traditional deep fryers because electric deep fryers are more energy efficient than traditional deep fryers. In addition, electric deep fryers allow cafeterias to achieve consistent results with greater precision than conventional deep fryers. Hence, cafeteria businesses are expected to increase their use of electric commercial deep fryers in the market.
The ability of electric deep fryers to operate at higher speeds and consume less energy makes them a popular choice for cafeterias. Aside from their efficiency and ease of maintenance, electric deep fryers are becoming increasingly popular in cafeterias to keep up with the rising demand for food that is fast and delicious.
Some of the start-ups in the electric commercial deep fryers market include-
Strategic partnerships can increase manufacturers' revenues and market share by increasing production and catering to customer demand. Introducing new products and technology will allow end users to benefit from improved technology. Partnering with another company can lead to increased production capacity for your company.
| Report Attribute | Details |
|---|---|
| Market Value in 2023 | USD 768.9 Million |
| Market Value in 2033 | USD 1,456.9 Million |
| Growth Rate | CAGR of 6.60% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Capacity, Material, Operating Mode, End-User, Region |
| Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; Middle East & Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, India, Malaysia, Singapore, Thailand, China, Japan, South Korea, Australia, New Zealand, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Breville; Hamilton Beach Brands Holding Company; Cuisinart; AKASA; The Middleby Corporation; Avantco Equipment; MVP Group Corp; Huayu; Welbilt; Globe Food Equipment; Henny Penny; Alister |
| Customization | Available Upon Request |
The market CAGR for 2033 is 6.6%.
The market is estimated to reach USD 1456.9 million by 2033.
North America, Europe, and Asia-Pacific are the top 3 countries leading the market.
The market is estimated to secure a valuation of USD 768.9 million in 2023.
India, Japan, and China dominate the Asian market.
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. Up to 5 litres 5.2. 5 to 15 litres 5.3. Above 15 litres 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 6.1. PTFE (Polytetrafluoroethylene) 6.2. Plastic 6.3. ETFE (Ethylene tetrafluoroethylene) 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operating Mode 7.1. Digital Control 7.2. Manual or Mechanic Control 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-User 8.1. Hotels 8.2. Cafeterias 8.3. Quick Service Restaurants 8.4. Food Trucks 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. South Asia 9.5. East Asia 9.6. Oceania 9.7. Middle East & Africa 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Breville 19.2. Hamilton Beach Brands Holding Company 19.3. Cuisinart 19.4. AKASA 19.5. The Middleby Corporation 19.6. Avantco Equipment 19.7. MVP Group Corp 19.8. Huayu 19.9. Welbilt 19.10. Globe Food Equipment 19.11. Henny Penny 19.12. Alister 20. Assumptions & Acronyms Used 21. Research Methodology
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Electric Commercial Deep Fryers Market
