The global Restaurant Fryers Market is anticipated to grow at a CAGR of 5.6% over the forecast period (2023 to 2033). Sales in the market are projected to increase from USD 495.6 Million in 2023 to USD 854.6 Million by 2033.
Restaurant fryers are designed for large quantities of food in the commercial sector and are considered to be efficient and cost-effective choices for restaurants.
A rising preference for fried food is anticipated to increase the demand for commercial fryers during the forecast period.
In addition, design progress and modernization are some of the significant factors that drive the sales of restaurant fryers around the globe. With the advent of advanced technology in food service equipment, the demand for automated restaurant fryers is expected to surge over the next decade.
Further, the demand is predicted to burgeon on the back of benefits provided by these restaurant fryers such as quick frying, consumption of low fuel, ease in cleaning, and capability to fry food in bulk. As the consumption of fried food is increasing such as fried chips, fried chicken, fried mozzarella sticks, and others, the sales of restaurant fryers are expected to increase.
To capitalize on the growing demand, the key players are manufacturing commercial fryers with built-in filtration system technology. As per the study, the growing preference for handy equipment that is quick and efficient is improving the demand for tabletop fryers. In terms of product type, tabletop, and deep fryers are expected to witness an uptick in the global restaurant fryers market.
Regionally, North America and Europe are expected to be the top two regions witnessing the highest growth in the market. Growth is primarily attributed to the growing preference and consumption of fried food coupled with the increasing presence of fast food chains in the USA, UK, Germany, and other European countries. This is predicted to affect the market positively over the forecast period.
Attributes | Key Insights |
---|---|
Restaurant Fryers Market Size Value in 2023 | USD 495.6 Million |
Market Forecast Value in 2033 | USD 854.6 Million |
Global Growth Rate (2023 to 2033) | 5.6% |
Market Share of China in South Asia | 32% |
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According to Future Market Insights (FMI), the global market value for restaurant fryers is expected to witness steady growth on the back of the growing consumption of deep-fried food products. With a rising preference for greasy, fried, and cheesy food products, hotels, and restaurants are using deep fryers and rack fryers to cater to the growing demand. Hence, key manufacturers are developing fryers with alarms and timers to gain revenue.
One of the important factors that are motivating restaurant fryers in growing is by giving customers a variety of foods with good taste and flavors. However, restaurant fryers are available in many models, technology, and prices in the market. The increasing health awareness of consumers and the introduction of oil-free diets to limit cholesterol levels in the body are fundamentally driving a great foundation for restaurant fryer products.
Further, the expansion of the hotels, restaurants, and café (HoReCa) industry and increasing preference for dine-out among consumers is providing an impetus to the demand. Quick-service restaurants are also largely responsible for the sales of fried food, propelling the production of restaurant fryers. However, with the advent of portable air fryers in the market, manufacturers might face some challenges over the upcoming decade.
A number of influential factors have been identified propelling the growth in the global restaurant fryers market during the projection period (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats influencing the restaurant fryers’ sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
According to FMI, the restaurant fryers market in the USA is rising at a CAGR of 68%. Due to the increase in the level of health consciousness and demand from the USA and Canada, North America is likely to be the prominent market for restaurant fryers throughout the forecast period.
In India, restaurant fryers are likely to raise double-digit because of an increase in customer income and flexible lifestyle, and a rapidly rising population. The demand for an easier cooking experience and comfort among working women is a big factor in the market.
Even, without any disbelief restaurant fryers are upcoming in any kitchen setup. Major players are looking to establish their presence in the Indian market, with robust distribution channels to improve access to the local market.
However, favorable government support, financial options, and in addition, the presence of companies are expected to have a positive impact on the demand for restaurant fryers in china. On the back of these factors, the total market value of restaurant fryers in China is expected to reach USD 28.5 Million.
According to FMI, the demand for UK restaurant fryers is expected to rise at a CAGR of 22% over the forecast period. With increasing consumption of fried food such as fish fingers and beer, the demand for deep fryers in restaurants is expected to surge. As per the study, sales in the UK are projected to reach USD 43.6 Million.
However, innovative technology like 95% energy efficiency by induction, 13.7 L large capacity design, and the use of 3.5KW induction heating leads to a great foundation for the restaurant fryers market. The increasing number of growth opportunities in the market is attracting new players. The growth of the market is being driven by the increasing number of collaborations and acquisitions of smaller companies.
Deep Fryers to Remain Highly Sought-After among Restaurants & Fast Food Chains
Restaurant fryers are furnished with new features such as stainless steel in the oil drain and Omron thermostat control and fire risk and personal safety purpose. Preference for deep-fried food coupled with quick time and efficiency will drive the demand for deep fryers. However, with the rising health consciousness among people, the consumption of oily and greasy food has been reduced. This might hamper the sales in the market.
Further, electric fryers are more efficient when heating up and deliver quick heat recovery. Electric fryers have lower maximum oil temperatures and longer heat-up times. Restaurants that use electric fryers have the extra benefit of flexibility and in addition, it is transferable with plug-in and-go options and is more cost-efficient.
Restaurant fryers have a system to superheat the oil from medium to highest order when food products such as meat, vegetable, and potato are dropped into the oil. Because water and oil do not mix, the products do not lose moisture.
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The restaurant fryer market is expected to be fragmented with the presence of numerous leading players, resulting in fierce competition in the market. However, key players are integrating new technologies to give innovative products and services and gain a competitive edge.
Attribute | Details |
---|---|
Estimated Market Size Value in 2023 | USD 495.6 Million |
Projected Market Value in 2033 | USD 854.6 Million |
Global Growth Rate (2023 to 2033) | 5.6% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2023 |
Market Analysis | USD Million for Value and Units for Volume |
Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Spain, China, Japan, India, Australia, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Region Covered | North America; Latin America; Europe; Asia Pacific; Oceania |
Key Segments Covered | Product, Type, Application, Region |
Key Companies Profiled | Alto-sham; American Range; Fry-master; Combo food service equipment; Dragon food equipment; F&H equipment; Henny-penny; Hobart; Hoshizaki; Ice-o-Matic; Eware appliance; Lestov |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The USA, Canada, Germany, Australia, India, and Japan are the major country driving demand for restaurant fryers.
Henny-penny, Alto-sham, American range, Fry-master Combo food service equipment, Dragon food equipment.
Restaurant fryers market in the UK is projected to grow at a CAGR of around 22% over the next ten years.
The restaurant fryers market is forecasted to surpass USD 854.6 Million by the end of 2033.
Restaurant fryers market size is expected to reach USD 188.3 Million currently in North America.
1. Executive Summary | Restaurant Fryers Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Table Top 5.2. Deep Fryers 5.3. French Fryers 5.4. Electric Fryers 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use Application 6.1. Meat & Poultry 6.2. Fruit & Vegetables 6.3. Fish & Seafood 6.4. French-fried potato 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type 7.1. Ribbon Fryers 7.2. Tube Fryers 7.3. Rack Fryers 7.4. Flat Bottom Fryers 7.5. Counter Top Fryers 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa (MEA) 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Alto-sham 18.2. American Range 18.3. Fry-master 18.4. Combo food service equipment 18.5. Dragon food equipment 18.6. F&H equipment 18.7. Henny-penny 18.8. Hobart 18.9. Hoshizaki 18.10. Ice-o-Matic 18.11. Eware appliance 18.12. Lestov 19. Assumptions & Acronyms Used 20. Research Methodology
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