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Deep Fryer Market Size To Reach $713.5 Million By 2030

Deep Fryer Market Size To Reach $713.5 Million By 2030

February 2025 | Report Format: Electronic (PDF)

Deep Fryer Market Growth & Trends

The global deep fryer market size is expected to reach USD 713.5 million by 2030, registering a CAGR of 3.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by growing fast food industry and popularity of E-commerce retail. Moreover, high demand for the product from North America owing to rising preference for convenience food and on-the-go fast food is propelling the market.

Consumers supplement their regular meals with fried food products, such as fried chicken and French fires among various other products. Thus, changing consumer lifestyle, especially in terms of eating habits, and rising need for ready to eat food are expected to drive the demand in the region, which, in turn, is likely to boost global market over the forecast period. In addition, consumers are also becoming increasingly aware regarding health and wellness and, thus, are preferring food fried at home as opposed to fried food sold at fast food chains. This is expected to positively impact the demand for small deep fryers, such as the ones with a two-liter frying capacity, over the forecast period.

On the basis of product, commercial deep fryer held the largest market share in 2017. Changing dynamics of fast food market are expected to positively impact the demand for these products during the forecast period. Over the past few years, there has been a diversity in fast food restaurants. Players such as Wendy's, Chick-fil-A, Burger King, Kentucky Fried Chicken (KFC), and McDonald's among others are operating in the fast food market. These companies are continuously expanding their market reach and inaugurating new stores across the globe. Such fast food chains are the major consumers of deep fryers.

2 liter to 5 liter was the dominant segment on the basis of type of deep fryers. Growing fast food industry across the globe is projected to boost the demand over the forecast period. There are certain concerns among consumers regarding the ill-effects of fried food consumption. To mitigate such concerns, food chains market their products as safe and free from artificial colors. This trend is expected to influence customers to consume fried food, which is anticipated to bode well for the overall market growth.

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Deep Fryer Market Report Highlights

The 2L - 5L capacity deep fryers dominated the market and accounted for a share of 48.2% in 2023. 5L - 8L capacity of deep fryers is expected to register a significant CAGR during the forecast period.
The commercial deep fryers segment accounted for the largest revenue share in 2023. The household deep fryers segment is expected to register the fastest CAGR during the forecast period.
Direct sales accounted for the largest market revenue share in 2023. Distributor channels are expected to register the fastest CAGR during the forecast period.
North America deep fryer market dominated the market with revenue share of 38.47% in 2023. Asia Pacific deep fryer market is anticipated to witness the fastest CAGR of 4.6% over the forecast period.