{"id":467810,"date":"2020-02-17T10:22:02","date_gmt":"2020-02-17T10:22:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=467810"},"modified":"2020-02-17T10:22:02","modified_gmt":"2020-02-17T10:22:02","slug":"air-fryer-market-expected-to-hit-cagr-of-70-by-2025-key-player-koninklijke-philips-nvcuisinartsharkninja-operating-llc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/air-fryer-market-expected-to-hit-cagr-of-70-by-2025-key-player-koninklijke-philips-nvcuisinartsharkninja-operating-llc_467810.html","title":{"rendered":"Air Fryer Market Expected To Hit CAGR of 7.0% By 2025 | Key Player- Koninklijke Philips N.V.,Cuisinart,SharkNinja Operating LLC"},"content":{"rendered":"
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Grand View Research, Inc. – Market Research And Consulting.<\/div>\n<\/div>\n<\/div>\n
According to report published by Grand View Research, Rising health consciousness and awareness about following a healthy diet are projected to drive the product demand, thereby supporting air fryer market growth.<\/div>\n

According to a report, “ Air Fryer Market Size, Share & Trends Analysis Report By Product (Manual, Digital), By Distribution Channel (Offline, Online), By Region (North America, Europe, APAC, MEA, Central & South America), And Segment Forecasts, 2019 – 2025 <\/strong>”, published by Grand View Research, Inc.,The global air fryer market<\/a><\/strong> size is anticipated to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a healthy CAGR of 7.0% over the forecast period i.e., from 2019 to 2025. Introduction of innovative products with improved designs is the key factor driving the growth of this market.<\/p>\n

Based on product type, digital air fryer segment held the largest market share in 2018 and will retain its dominant position throughout the forecast years. The segment is also estimated to register the fastest CAGR from 2019 to 2025 due to increasing demand for energy-efficient kitchen appliances. Moreover, availability of advanced products with features, such as touch screen panel, fast preheating, and temperature control knob, is expected to fuel the demand for digital air fryers.<\/p>\n

Key companies in the air fryer market are Koninklijke Philips N.V.; Cuisinart; SharkNinja Operating LLC; DASH (StoreBound LLC); Breville, Inc.; Havells India Ltd.; TTK Prestige Ltd.; KRUPS; and NuWave, LLC<\/strong><\/p>\n

Offline segment held leading market share in 2018. High product visibility and increasing number of retailer stores, such as Walmart, in developing countries including India and China, is main factor driving the growth of this segment. The online distribution channel segment is anticipated to expand at the fastest CAGR from 2019 to 2025. Rising popularity of e-commerce retailers, such as Amazon.com, is the key factor boosting the product sales through online channels.<\/p>\n

“Would you Like\/Try a Sample Report” Click the link below: <\/strong>https:\/\/www.grandviewresearch.com\/industry-analysis\/air-fryer-market\/request\/rs1<\/a><\/p>\n

Moreover, most of the prominent companies have their own websites, which also contributes to the segment growth. Europe was the leading region in 2018 and will retain its dominant position throughout the forecast years owing increasing health consciousness and resultant demand for air fryers. However, Asia Pacific is anticipated to expand at a fastest CAGR of 8.7% from 2019 to 2025.<\/p>\n

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Further key findings from the study suggest:<\/strong><\/p>\n