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The air fryer market size is forecast to increase by USD 434.05 million at a CAGR of 7.54% between 2023 and 2028. The market is experiencing significant growth, fueled by several pivotal factors. Firstly, there is an expansion of distribution networks, making air fryers more readily available worldwide. Additionally, the rising adoption of ENERGY STAR-certified air fryers underscores a growing consumer focus on energy efficiency. Safety considerations are also contributing to demand, prompting a shift towards air fryers and smart ovens that carry safety certifications. Furthermore, companies are leveraging multichannel marketing strategies to enhance sales, catering to a wide range of consumer preferences. End-users are increasingly preferring electric air fryers with enhanced designs, contributing to market growth. However, concerns over health due to fried food consumption, coupled with the availability of counterfeit products and competition from gas fryers and other food service equipment, present challenges to the market's growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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