![]() |
Market Research Report
Product code
1029137
Deep Fryer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 |
Deep Fryer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 |
Published: September 16, 2021
IMARC Services Private Limited
Content info: 146 Pages
Delivery time: 2-3 business days
|
The global deep fryer market reached a value of US$ 527.5 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A deep dryer, or flash fryer, is a kitchen appliance used for heating and cooking oils or fats to fry various food products. Deep fryers are usually manufactured for domestic and commercial purposes and are commonly available in variants including gas and electric deep fryers. They consist of a deep walled pot that is manufactured using cast iron, black steel or stainless steel, along with fry baskets that are used for holding the frying contents. Some variants also include nest baskets, ventilation systems and electronic temperature controls. However, in comparison to the commercial fryers, domestic variants have lesser oil capacity and can prepare smaller quantities of food in a single batch.
Significant growth in the food and beverages industry is among the key factors creating a positive impact on the market. Deep fryers are widely used in cafes, quick service restaurants (QSRs), hotels and other eateries to prepare various food products, which is contributing to the product demand. Furthermore, the increasing working population and changing dietary preferences of the consumers is providing a boost to the market growth. Various technological advancements, such as the development of automatic variants with alarms, timers and self-cut-off systems, are acting as other growth-inducing factors. These systems aid in enhancing the convenience for the user and prevent the food from burning or over-frying by sounding the alarm. Other factors, including rising expenditure capacities of the consumers, along with the development of online retail channels that provide a wide range of options to choose from to the consumers, are expected to drive the market further.