The global deep fat fryer market is projected to grow at a CAGR of 4.80% to reach US$1,537.394 million by 2024, from US$1,160.443 million in 2018. The demand for deep fat fryers is increasing on account of improvements in the standards of living and the rising consumption of fast foods all around the world. However, the rise in demand for healthier alternatives in the form of air fryers and the shifting trend towards a healthier lifestyle will restrain the growing demand for deep fat fryers worldwide. The North American region will have a significant market share on account of the high consumption of fast food, and the presence of some of the key players will provide for the easier availability of the products in the region. The Asia Pacific region is projected to grow at an impressive rate owing to rapid urbanization, improvement in the standard of living, and the trend towards the consumption of fast food.
Increasing consumption of fast food
Rising standard of living and growing disposable income
Availability of substitute
Rising consumer awareness
In June 2019, Universal Foodservice Equipment announced the release of its Baron’s new range of deep fryers that is available in both electric and gas versions.
The major players profiled in the Global deep fat fryer market are Henny Penny, Welbilt, Broaster Company, Cuisinart, Hamilton Beach Brands, Inc., Tefal, Waring Commercial, Standex International Corporation, Welbilt, and Breville among others.
|Market size value in 2018||US$1,160.443 million|
|Market size value in 2024||US$1,537.394 million|
|Growth Rate||CAGR of 4.80% from 2018 to 2024|
|Forecast Unit (Value)||USD Million|
|Segments covered||Vat Type, Operation, End-User, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Henny Penny, Frymaster, Broaster Company, Cuisinart, Hamilton Beach Brands, Inc., Tefal, Waring Commercial, Standex International Corporation, Welbilt, Breville|
|Customization scope||Free report customization with purchase|
The Global deep fat fryer market has been analyzed through the following segments:
By Vat Type
Middle East and Africa
Frequently Asked Questions (FAQs)
Q1. What will be the deep fat fryer market size by 2024?
A1. The deep fat fryer market is projected to reach a total market size of US$1,537.394 million by 2024.
Q2. What are the growth prospects for the deep fat fryer market?
A2. The global deep fat fryer market is projected to grow at a CAGR of 4.80% during the forecast period.
Q3. What is the size of the global deep fat fryer market?
A3. Deep Fat Fryer Market was valued at US$1,160.443 million in 2018.
Q4. What factors are anticipated to drive deep fat fryer market growth?
A4. The demand for deep fat fryers is increasing on account of improvements in the standards of living and the rising consumption of fast foods all around the world.
Q5. Which region holds the largest market share in the deep fat fryer market?
A5. The North American region will have a significant share in the deep fat fryer market on account of the high consumption of fast food, and the presence of some of the key players will provide for the easier availability of the products in the region.
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCES ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. GLOBAL DEEP FAT FRYER MARKET BY VAT TYPE
5.1. PRESSURE VAT
5.2. OPEN VAT
6. GLOBAL DEEP FAT FRYER MARKET BY OPERATION
6.1. GAS OPERATION
6.2. ELECTRIC OPERATION
7. GLOBAL DEEP FAT FRYER MARKET BY END USER
8. GLOBAL DEEP FAT FRYER MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.2. SOUTH AMERICA
8.3.3. UNITED KINGDOM
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.5. ASIA PACIFIC
8.5.3. SOUTH KOREA
9. COMPETITIVE INTELLIGENCE
9.1. COMPETITIVE BENCHMARKING AND ANALYSIS
9.2. RECENT Investments AND DEALS
9.3. STRATEGIES OF KEY PLAYERS
10. COMPANY PROFILES
10.1. HENNY PENNY
10.3. BROASTER COMPANY
10.5. HAMILTON BEACH BRANDS, INC.
10.7. WARING COMMERCIAL
10.8. STANDEX INTERNATIONAL CORPORATION
LIST OF FIGURES
LIST OF TABLES
Hamilton Beach Brands, Inc.
Standex International Corporation
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