Deep Fryers Market: Overview
The deep fryers market is estimated to observe promising growth during the forecast period of 2021-2031. The growing preference for fast food among a considerable chunk of the global populace will have a profound impact on the growth trajectory. The demand for deep fryers is prominently driven by the rising popularity of Quick Service Restaurants (QSRs) in developing and densely populated countries like India and China.
A deep fryer, also known as flash fryer, is a kitchen utility appliance utilized for cooking and heating fats or oils to fry diverse food products. These fryers are manufactured for commercial and domestic purposes. They have a deep walled pot created using black steel, cast iron, or stainless steel. Fry baskets are also included with these fryers for holding the fried items. Fryers made for residential use are smaller and have less oil capacity.
The fryers come in various capacities such as 2l, 2l-5l, 5l-8l, 8l-14l, and over 14l. The distribution channels involved in deep fryers are e-commerce, distributors, direct sales, and others. The benefits associated with deep fryers such as faster and effective cooking, extensive safety, and others will bring tremendous growth opportunities.
The research conducted on the global market for deep fryers by Transparency Market Research (TMR) is a treasure of information for the stakeholders and CXOs. All the information has been compiled systematically in a report which provides valuable insights to the stakeholders about the recent trends, competitive landscape, regional aspects, and many other touch points that describe the growth trajectory of the deep fryers market. The COVID-19 impact has also been covered in the report to make the stakeholders aware of the current situation.
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How Is the Competitive Landscape of Deep Fryers Market?
The deep fryers market is highly fragmented. Numerous players are involved in fierce competition. The players are always in the process of new launches or adding more features to the current fryers. For instance, the VIVOHOME deep fryer has two separate sections for deep frying so that the taste of 2 different food products does not mix. Other features such as temperature control, alarm after reaching the frying limit, etc. also help in increasing the revenues. Strategic collaborations play a crucial role in enhancing the overall growth structure of the deep fryers market as they strengthen the foothold of the players.
Some well-entrenched players in the deep fryers market are Hamilton Beach Brands Holding Company, Eware Appliances, National Presto Industries, Maxi-Matic, and De’Longhi S.p.A.
What are the Latest Trends across Deep Fryers Market?
Rapid multiplication of fast food restaurants and QSRs will have a profound impact on growth trajectory. Changing eating preferences and hectic work routines have led to considerable demand for fast food among many individuals. Well-established fast food joints like McDonalds and Burger King are increasing their reach across various untapped regions and countries. These factors will increase the demand for deep fryers. Furthermore, the use of deep fryers among several small restaurants and food trucks will bring exponential growth. Rising disposable income of the people in developing economies such as India and China has resulted in an increase in the demand for convenience food. These factors bode well for the growth of the deep fryers market.
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What Are the Challenges that will restrict the Growth of Deep Fryers Market?
Air fryers are emerging as a feasible alternative to deep fryers, especially in the residential segment. These fryers use low oil and retain the same taste as fried in deep fryers. Awareness about balanced oil consumption is boosting at a rapid rate. These factors will damage the growth prospects of the deep fryers market.
What are the Regional Dimensions of Deep Fryers Market?
North America’s deep fryers market is estimated to hold a dominant share during the tenure of 2021-2031. The escalating demand for on-the-go fast food and convenience food will serve as vital growth generators. Asia Pacific is also expected to witness rapid growth due to rising disposable income and growing middle-class population.
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