Global Residential Electric Fryers Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024

Global Residential Electric Fryers Market Outlook

Market Overview

Global residential electric fryers market is majorly driven by the consumers who crave for the crispy fried food served in restaurants but are not willing to pay steep prices and dont want to visit restaurant every time. Wide range of electric fryers is provided by the manufacturers for varying needs of consumers. Growing awareness among consumers towards obesity and health concerns led the manufacturers to focus on new innovations and better product than deep fryers. In 2010, Philips developed and launched a new product in market named Air Fryer.
The AirFryer was developed with the patented rapid air technology, which provides frying of crispy food that contains up to 80% less fat than conventional deep fryers. The AirFryer technology produces less smell and vapors than traditional fryers, owing to innovative technology AirFryer was listed in the top 5 inventions of the 2010 IFA. The Airfryers became the great success and hike up the demand for low fat electric fryers in global electric fryers market.
Airfryer technology was a success across the globe owing to range of food that could be fried with AirFryers. Smart products and innovative technologies are setting a new trend in electric kitchen appliances market, which is projected to accelerate the growth of global residential electric fryers market.

Market Segmentation
By Product Types
o Deep fat fryer
o Air fryers
By Distribution Channels Type
o Online Channels
o Offline Channels
By Geography
o North America (US, Canada) {Market Share (%), Market Size (USD Million), Sales (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million) , Sales (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million) , Sales (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million) , Sales (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Sales (Units)}
o Rest of the World{Market Share (%), Market Size (USD Million), Sales (Units)}

Growth Drivers and Challenges
The global electric fryers market is growing considerably owing to growing personal disposable income population in developing countries. For instance, disposable income levels are rising in world emerging economies such as Brazil and China due to growth in rising employment in service based industries. In China annual disposable income rose from USD 7,396 in 2009 to USD 14,198 in 2014 and Brazils rise to USD 23,430 in 2014. Thus emerging market with growing disposable income is expected to drive the growth of residential electric fryers market in developing countries. In addition to this, technological advancements and new innovative products also impelled the growth of residential electric fryers market. Electric fryers for health conscious consumers and easy functionality of the products, has led to the development of smart and efficient equipments. Electric Fryers equipped with advanced technology, smart features and more energy efficiency of the products is anticipated to bolster the demand for residential electric fryers.

Ready-made food items which do not require any kind of frying, less advancement in deep fryer technology and multiple substitutes with affordable rates hinder the global residential electric fryers market.

Market Size and Forecast
The global residential electric fryers market valued more than USD 1.6 Billion in 2015 owing to growing disposable income population in Asia-Pacific and Latin America region. Global residential electric fryers market is expected to expand at a CAGR of 7.2% over the forecast period i.e. 2016-2024. Further the market is projected to reach USD 2.8 Billion by the end of 2024.

Geographically, North-America dominated global residential electric fryers market with more than 35% share of revenue in global market. North America region is expected to witness moderate growth rate owing to mature market of the region. North-America is closely followed by Europe with more than 30% market share, but Europes share in market is expected to decline over the forecast period by witnessing the moderate sales of electric fryers in the region. Asia-Pacific region also shares significant market share owing to rapid urbanization and growing high personal disposable income population.

Key Players
Koninklijke Philips N.V.
o Synopsis
o Business strategy
o Product Portfolio
o SWOT Analysis
Cuisinart
Havells
Kenstar
Tefal
Waring
Avalon Bay
Brevilee
Hamilton Beach Brands
Jarden Consumer Solutions

Scope Background

Market Synopsis

Market Segmentation

The global residential electric fryers market is segmented as follows:
By Product Type (Market Size, Demand Analysis and Growth Analysis)
By Distribution Channels Type (Market Size, Demand Analysis and Growth Analysis)
Global Residential Electric Fryers Market Report covered insights of below mentioned regions:
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities
Risk Factors
Regional Variations
Recent Trends and Developments

Key Market Players
Synopsis
Business Strategy
Product Portfolio
SWOT Analysis
Porters Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks

1. Executive Summary
2. Research Methodology
3. Regional Opportunity Analysis on the basis of Competitors
4. Global Residential Electric Fryers Market Size (USD Billion) and Forecast Analysis, 2016-2024
5. Market Dynamics: Growth Drivers, Restraints and Opportunities
5.1. Risk Factors
5.2. Regional Variations
5.3. Recent Trends and Developments
6. Global Residential Electric Fryers Market Segmentation
6.1. Residential Electric Fryers Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.1. Adoption Rate (%) of Residential Electric Fryers Market by Product Type
6.1.2. Deep Fat Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.3. Air Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.1.4. Market Attractiveness Residential Electric Fryers Market by Product Type
6.1.5. BPS Analysis Residential Electric Fryers Market by Product Type
6.2. Residential Electric Fryers Market By Distribution Channel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.1. Adoption Rate (%) of Residential Electric Fryers Market by Distribution Channel Type
6.2.2. Offline Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.3. Online Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.2.4. Market Attractiveness of Residential Electric Fryers Market by Distribution Channel Type
6.2.5. BPS Analysis of Residential Electric Fryers Market by Distribution Channel Type
6.3. Residential Electric Fryers Market By Region (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.3.1. North America Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.1. North America Residential Electric Fryers Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.3.1.1.1. U.S. Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.1.2. Canada Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.1.3. Market Attractiveness of Residential Electric Fryers Market by Country
6.3.1.1.4. BPS Analysis of Residential Electric Fryers Market by Country
6.3.1.2. North America Residential Electric Fryers Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.2.1. Adoption Rate (%) of Residential Electric Fryers Market by Product Type
6.3.1.2.2. Deep Fat Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.2.3. Air Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.2.4. Market Attractiveness Residential Electric Fryers Market by Product Type
6.3.1.2.5. BPS Analysis Residential Electric Fryers Market by Product Type
6.3.1.3. North America Residential Electric Fryers Market By Distribution Channel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.3.1. Adoption Rate (%) of Residential Electric Fryers Market by Distribution Channel Type
6.3.1.3.2. Offline Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.3.3. Online Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.1.3.4. Market Attractiveness of Residential Electric Fryers Market by Distribution Channel Type
6.3.1.3.5. BPS Analysis of Residential Electric Fryers Market by Distribution Channel Type
6.3.2. Europe Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1. Europe Residential Electric Fryers Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.3.2.1.1. UK Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.2. France Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.3. Italy Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.4. Germany Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.5. Spain Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.6. Hungary Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.7. Sweden Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.8. Russia Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.9. Poland Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.10. Rest of Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.1.11. Market Attractiveness of Residential Electric Fryers Market by Country
6.3.2.1.12. BPS Analysis of Residential Electric Fryers Market by Country
6.3.2.2. Europe Residential Electric Fryers Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.2.1. Adoption Rate (%) of Residential Electric Fryers Market by Product Type
6.3.2.2.2. Deep Fat Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.2.3. Air Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.2.4. Market Attractiveness Residential Electric Fryers Market by Product Type
6.3.2.2.5. BPS Analysis Residential Electric Fryers Market by Product Type
6.3.2.3. Europe Residential Electric Fryers Market By Distribution Channel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.3.1. Adoption Rate (%) of Residential Electric Fryers Market by Distribution Channel Type
6.3.2.3.2. Offline Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.3.3. Online Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.2.3.4. Market Attractiveness of Residential Electric Fryers Market by Distribution Channel Type
6.3.2.3.5. BPS Analysis of Residential Electric Fryers Market by Distribution Channel Type
6.3.3. Middle East & Africa Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.1. Middle East & Africa Residential Electric Fryers Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.3.3.1.1. Gulf Cooperation Council Countries (GCC) Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.1.2. South Africa Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.1.3. North Africa Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.1.4. Rest of Middle East and Africa Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.1.5. Market Attractiveness of Residential Electric Fryers Market by Country
6.3.3.1.6. BPS Analysis of Residential Electric Fryers Market by Country
6.3.3.2. Middle East & Africa Residential Electric Fryers Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.2.1. Adoption Rate (%) of Residential Electric Fryers Market by Product Type
6.3.3.2.2. Deep Fat Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.2.3. Air Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.2.4. Market Attractiveness Residential Electric Fryers Market by Product Type
6.3.3.2.5. BPS Analysis Residential Electric Fryers Market by Product Type
6.3.3.3. Middle East & Africa Residential Electric Fryers Market By Distribution Channel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.3.1. Adoption Rate (%) of Residential Electric Fryers Market by Distribution Channel Type
6.3.3.3.2. Offline Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.3.3. Online Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.3.3.4. Market Attractiveness of Residential Electric Fryers Market by Distribution Channel Type
6.3.3.3.5. BPS Analysis of Residential Electric Fryers Market by Distribution Channel Type
6.3.4. Latin America Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.1. Latin America By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.3.4.1.1. Brazil Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.1.2. Mexico Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.1.3. Rest of Latin America Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.1.4. Market Attractiveness of Residential Electric Fryers Market by Country
6.3.4.1.5. BPS Analysis of Residential Electric Fryers Market by Country
6.3.4.2. Latin America Residential Electric Fryers Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.2.1. Adoption Rate (%) of Residential Electric Fryers Market by Product Type
6.3.4.2.2. Deep Fat Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.2.3. Air Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.2.4. Market Attractiveness Residential Electric Fryers Market by Product Type
6.3.4.2.5. BPS Analysis Residential Electric Fryers Market by Product Type
6.3.4.3. Latin America Residential Electric Fryers Market By Distribution Channel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.3.1. Adoption Rate (%) of Residential Electric Fryers Market by Distribution Channel Type
6.3.4.3.2. Offline Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.3.3. Online Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.4.3.4. Market Attractiveness of Residential Electric Fryers Market by Distribution Channel Type
6.3.4.3.5. BPS Analysis of Residential Electric Fryers Market by Distribution Channel Type
6.3.5. Asia Pacific (APAC) Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1. Asia Pacific Residential Electric Fryers Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
6.3.5.1.1. China Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.2. Japan Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.3. India Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.4. Singapore Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.5. South Korea Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.6. Australia Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.7. New Zealand Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.8. Rest of APAC Residential Electric Fryers Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.1.9. Market Attractiveness of Residential Electric Fryers Market by Country
6.3.5.1.10. BPS Analysis of Residential Electric Fryers Market by Country
6.3.5.2. Asia Pacific Residential Electric Fryers Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.2.1. Adoption Rate (%) of Residential Electric Fryers Market by Product Type
6.3.5.2.2. Deep Fat Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.2.3. Air Fryers (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.2.4. Market Attractiveness Residential Electric Fryers Market by Product Type
6.3.5.2.5. BPS Analysis Residential Electric Fryers Market by Product Type
6.3.5.3. Asia Pacific Residential Electric Fryers Market By Distribution Channel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.3.1. Adoption Rate (%) of Residential Electric Fryers Market by Distribution Channel Type
6.3.5.3.2. Offline Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.3.3. Online Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
6.3.5.3.4. Market Attractiveness of Residential Electric Fryers Market by Distribution Channel Type
6.3.5.3.5. BPS Analysis of Residential Electric Fryers Market by Distribution Channel Type
7. Competitive Outlook
7.1. Market Share of Major Players (2016)
7.2. Company Profiles
7.2.1. Koninklijke Philips N.V.
7.2.1.1. Company Synopsis
7.2.1.2. Business Strategy
7.2.1.3. Product Portfolio
7.2.1.4. SWOT Analysis
7.2.2. Cuisinart
7.2.3. Havells
7.2.4. Kenstar
7.2.5. Tefal
7.2.6. Waring
7.2.7. Avalon Bay
7.2.8. Brevilee
7.2.9. Hamilton Beach Brands
7.2.10. Jarden Consumer Solutions
7.2.11. Porters Five Force Model
8. Market Landscape: Competition and Beyond
9. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
10. Expert Analysis
11. Concluding Remarks







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