North America Deep Fryer Market Size, Share, and COVID-19 Impact Analysis, By Type (2L and 2L- 5L), By Product (Commercial and Household), and North America Deep Fryer Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsNorth America Deep Fryer Market Insights Forecasts to 2033
- The North America Deep Fryer Market Size was valued at USD 215.5 Million in 2023.
- The Market Size is growing at a CAGR of 3.77% from 2023 to 2033
- The North America Deep Fryer Market Size is Expected to Reach USD 311.9 Million by 2033
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The North America Deep Fryer Market is Anticipated to Exceed USD 311.9 Million by 2033, growing at a CAGR of 3.77% from 2023 to 2033.
Market Overview
The North America deep fryer market refers to the segment of the kitchen appliance industry that includes commercial and residential deep-frying equipment used for cooking food by submerging it in hot oil. This market encompasses various types of deep fryers, including electric, gas-powered, and air fryers, catering to both food service establishments and household consumers. The market is driven by technological advancements, increasing demand for convenience cooking appliances, and the expansion of the quick-service restaurant (QSR) sector. The market is primarily driven by the growing food service industry, particularly the expansion of fast-food chains and QSRs across North America. The rising consumer preference for fried food products and the increasing adoption of advanced deep-frying technology, such as energy-efficient and automated fryers, further contribute to market growth. Additionally, the demand for home kitchen appliances, including air fryers, has surged due to evolving consumer lifestyles and a preference for healthier cooking alternatives. Regulatory bodies such as the U.S. Food and Drug Administration (FDA) and Health Canada have implemented guidelines to improve food safety and oil quality in commercial frying. Energy efficiency regulations and the promotion of eco-friendly appliances encourage manufacturers to develop deep fryers with reduced energy consumption and lower emissions. Moreover, food safety initiatives aimed at reducing trans fats in fried foods influence fryer technology advancements, supporting the development of healthier cooking solutions.
Report Coverage
This research report categorizes the market for the North America deep fryer market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America deep fryer market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America deep fryer market.
North America Deep Fryer Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 215.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.77% |
2033 Value Projection: | USD 311.9 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 105 |
Segments covered: | By Type, By Product, and COVID-19 Impact Analysis |
Companies covered:: | Ali Group Worldwide, Breville Pty Ltd, AB Electrolux (publ), Fagor Professional, Groupe SEB, Hamilton Beach Brands Holding Company., Henny Penny, National Presto Industries, Inc., WELBILT INC, TTK Prestige Ltd. and others key players. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The North America deep fryer market is driven by the expansion of the quick-service restaurant (QSR) sector, increasing consumer demand for fried food, and advancements in fryer technology. The growing number of fast-food chains and food service establishments fuels the need for efficient deep-frying equipment. Technological innovations, such as automated temperature control, energy-efficient fryers, and oil filtration systems, enhance cooking efficiency and reduce operational costs. Additionally, the rising adoption of air fryers in households, driven by health-conscious consumers seeking lower-oil alternatives, supports market growth. Evolving consumer lifestyles and increased spending on kitchen appliances further contribute to market expansion.
Restraining Factors
Health concerns related to excessive consumption of fried food, stringent government regulations on trans fats, and the growing preference for healthier cooking methods restrain market growth. Additionally, the high initial costs of advanced deep fryers and energy consumption concerns limit widespread adoption.
Market segmentation
The North America Deep Fryer market share is classified into type and product.
- The 2l- 5l segment is expected to hold the largest market share through the forecast period.
The North America deep fryer market is segmented by type into 2l and 2l- 5l. Among these, the 2l- 5l segment is expected to hold the largest market share through the forecast period. This dominance is driven by the high demand from both commercial and residential users who require versatile and efficient frying solutions. The 2L-5L capacity range is widely preferred in households, small restaurants, and cafes due to its ability to handle moderate cooking volumes without excessive oil consumption.
- The commercial segment is expected to hold the largest market share through the forecast period.
The North America deep fryer market is segmented by product into commercial and household. Among these, the commercial segment is expected to hold the largest market share through the forecast period. This dominance is attributed to the growing number of quick-service restaurants (QSRs), fast-food chains, and food service establishments across the region. The increasing demand for high-capacity, durable, and energy-efficient deep fryers in commercial kitchens drives market growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the North America deep fryer market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Ali Group Worldwide
- Breville Pty Ltd
- AB Electrolux (publ)
- Fagor Professional
- Groupe SEB
- Hamilton Beach Brands Holding Company.
- Henny Penny
- National Presto Industries, Inc.
- WELBILT INC
- TTK Prestige Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America deep fryer market based on the below-mentioned segments:
North America Deep Fryer Market, By Type
- 2L
- 2L- 5L
North America Deep Fryer Market, By Product
- Commercial
- Household
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