San Francisco, 19 February 2019: The Report Deep Fryers Market Size, Share & Trends Analysis Report By Type (2L, 2L-5L),
By Product (Commercial, Household), By Distribution Channel (Direct,
Distributors, E-commerce), And Segment Forecasts, 2019 - 2025
The global deep fryer market size is expected to reach USD 625.1 million by 2025,
expanding at a CAGR 2.8% over a forecast period, according to a new report by
Grand View Research, Inc. The market is anticipated to be driven by growing
fast food industry and popularity of E-commerce retail. Moreover, high demand
for the product from North America owing to rising preference for convenience
food and on-the-go fast food is propelling the market.
Consumers supplement their regular meals
with fried food products, such as fried chicken and French fires among various
other products. Thus, changing consumer lifestyle, especially in terms of
eating habits, and rising need for ready to eat food are expected to drive the
demand in the region, which, in turn, is likely to boost global market over the
forecast period. In addition, consumers are also becoming increasingly aware
regarding health and wellness and, thus, are preferring food fried at home as
opposed to fried food sold at fast food chains. This is expected to positively
impact the demand for small deep fryers, such as the ones with a two-liter
frying capacity, over the forecast period.
On the basis of product, commercial deep
fryer held the largest market share in 2017. Changing dynamics of fast food
market are expected to positively impact the demand for these products during
the forecast period. Over the past few years, there has been a diversity in
fast food restaurants. Players such as Wendy's, Chick-fil-A, Burger King,
Kentucky Fried Chicken (KFC), and McDonald's among others are operating in the
fast food market. These companies are continuously expanding their market reach
and inaugurating new stores across the globe. Such fast food chains are the
major consumers of deep fryers.
2 liter to 5 liter was the dominant segment
on the basis of type of deep fryers. Growing fast food industry across the
globe is projected to boost the demand over the forecast period. There are
certain concerns among consumers regarding the ill-effects of fried food
consumption. To mitigate such concerns, food chains market their products as
safe and free from artificial colors. This trend is expected to influence
customers to consume fried food, which is anticipated to bode well for the
overall market growth.
Access Research Report of Deep Fryer Market@ www.grandviewresearch.com/industry-analysis/deep-fryers-market
Further key findings from the report suggest:
· North America dominated the global deep
fryer market in 2017. However, Asia-Pacific is anticipated to witness the
fastest CAGR of 3.5% during the forecast period from 2018 to 2025
· China is the fastest growing country in the
Asia Pacific market on account of growing popularity of ready to eat food,
rising disposable income, and enhancing standard of living
· E-commerce distribution channel segment is
potentially fueling the market growth owing to the increasing number of
internet users globally
· Companies undertake various strategic
initiatives to boost their market share. For instance, in January 2017,
National Presto Industries, Inc. announced the sale of the assets of its
absorbent product segment, Presto Absorbent Products, Inc. (PAPI), to Drylock
Technologies, Ltd. a private Belgian company that manufactures and sells
private adult incontinence, feminine hygiene, and label diaper products in
Europe.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/consumer-goods
Grand View Research has segmented the
global deep fryer market on the basis of type, product, distribution channel,
and region:
Deep Fryer Type Outlook (Revenue, USD
Million, 2014 - 2025)
·
2L
·
2L-5L
·
5L-8L
·
8L-14L
·
Over 14L
Deep Fryer Product Outlook (Revenue, USD
Million, 2014 - 2025)
·
Commercial
·
Household
·
Others
Deep Fryer Distribution Channel Outlook
(Revenue, USD Million, 2014 - 2025)
·
Direct Sales
·
Distributers
·
E-commerce
·
Others
Deep Fryer Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Deep Fryer Market@ www.grandviewresearch.com/press-release/global-deep-fryers-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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