Air Fryer Market size was over USD 989.62 million in 2023 and is anticipated to cross USD 2.44 billion by 2036, growing at more than 7.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of air fryer is estimated at USD 1.04 billion.
The rising innovation in new product performance along with better design is driving the demand for air fryer. Further, expansion of gastronomy industry and availability of wide number of air fryers on various online platforms such as social media is estimated to boost the market growth. Additionally, increasing number of nuclear families leading to healthy food consumption and changes in lifestyle & consumer preference is fostering the product demand. Moreover, rising demand from people who prefer new innovative and technologically advanced products along with the increasing preference for less oily and healthier food will accelerate the growth of the market over the forecast.
Author Credits: Parul Atri
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