The global countertop pressure fryer market is worth US$ 485 Million as of now and is expected to reach US$ 730 Million by the year 2033 at a CAGR of 4.2% between 2023 and 2033.
With millennials tilting in the favor of snacks and fast food, the global countertop pressure fryer market is expected to substantiate in the upcoming period.
Small restaurants go for countertop pressure fryers as they turn out to be space-efficient and also incur less overheads. The consumers are also spending excessively on convenience foods like chicken nuggets and fries from restaurants instead of preparing them at home. This factor is also prompting the small restaurants to adopt countertop pressure fryers, thereby catalyzing the market.
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The HoReCa vertical is making maximum use of countertop pressure fryers and their accessories. There are modern-day countertop pressure fryers with alarms and timers, which are in greater demand at the commercial level.
Plus, automatic countertop pressure fryers, as the name suggests, could automatically lower and raise basket out of and in oil after food getting cooked as actually drawn attention from the stakeholders involved. Present-day countertop pressure fryers even have ventilation systems for removing cooking odors from kitchen along with oil filtering systems for raising quantity of oil to be reused.
The latest technological development on this part is that of electronic temperature control devices being used for the countertop pressure fryers. They sense, alter, and monitor internal temperature for reducing consumption of energy and avert fires. They are bound to take countertop pressure fryer market by storm in the forecast period.
Products that are well-received by consumers include fries, cheeseballs, and hamburgers. The QSR’s are into provision of these products at a larger scale, which needs countertop pressure fryers.
However, with presence of air fryers, countertop pressure fryer market could get hampered in the forecast period. It’s a known fact that developed economies are moving toward low-oil and low-calorie food items and deep-fried food consumption does significantly contribute to the cardiac conditions like obesity, strokes, heart attacks, diabetes, and colon cancer. Thus choice of healthy products may restrain the countertop pressure fryers market in the forecast period.
Future Market Insights has entailed these facts with insights in its latest market study entitled ‘Countertop Pressure Flyer Market’. It has its team of analysts and consultants to deploy a 360-degree view across its primary, secondary, and tertiary modes of research.
“With small restaurants flourishing, the global countertop pressure fryer market is slated to witness persistence in the upcoming period”, says an analyst from Future Market Insights.
Key Takeaways from Countertop Pressure Fryer Market
- North America holds the largest market share due to the US showing inclination toward convenience foods and fast meals. As such, the QSRs (Quick Service Restaurants) prefer using countertop pressure fryers to fry food all through the US. Plus, the US has stern standards in place regarding food safety; which calls for using dependable kitchen machines such as industrial fryers for delivering meals with reduced timeline.
- Europe is expected to be led by the UK on the back of rising health-consciousness amongst the population.
- The Asia-Pacific is expected to witness growth at a rapid pace in the countertop pressure fryer market with Korea and Japan leading from the front. Korea-based suppliers are working in collaboration with various other players for creating a high-performance countertop pressure fryer. As an outcome, commercial countertop fryer market is expected to develop on an exponential note in the forecast period. In Japan, commercial fryer equipment is used by various cafeterias, motels, QSRs, and full-service restaurants.
Competitive Fryers
- Super Duper Burger has announced plans for expanding in San Francisco (California).
- Barbeque Nation Hospitality (specializing in fusion of Mediterranean, American, Pan-Asian, Continental, and Oriental Cuisines) has also planned to establish nearly 50 extra locations of restaurants.
What does the Report Cover?
- The research study is based on capacity (upto 16 liter, 16 – 24 liter, and>24 liter), by buyer type (household and commercial), and by sales channel (direct procurement, distributor sales, e-Commerce platforms, and likewise).
- With millennials more into consumption of snacks and fast foodstuff, the global countertop pressure dryer market is expected to grow on an exceptional note in the forecast period.
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Key Segments Covered in the Countertop Pressure Fryer Market Report
By Capacity:
- Upto 16 Litre
- 16 – 24 Litre
- >24 Litre
By Buyer Type:
- Household
- Commercial
By Sales Channel:
- Direct Procurement
- Distributor Sales
- eCommerce Platforms
- Other
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa (MEA)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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