India Air Fryer Market Report and Forecast 2025-2034
Description
The India air fryer market was valued at USD 48.43 Billion in 2024. The industry is expected to grow at a CAGR of 13.70% during the forecast period of 2025-2034 to attain a valuation of USD 174.87 Billion by 2034.
India Air Fryer Market Outlook
By 2026, India’s export of electronics and electronic equipment is likely to reach USD 120 billion.
In May of 2023, Philips introduced a new air fryer featuring a transparent cooking window in India through a collaboration with Croma, priced at Rs 15,995.
Based on data obtained from industry associations, electronics manufacturing in India is valued at Rs 640,810 crore for the fiscal year 2021-22 (US $ 80bn).
India Air Fryer Market Growth
India's growing demand for air fryers can be attributed to the increasing awareness of health-conscious cooking methods and the convenience they offer in preparing meals with less oil. India ranks third in the list of top ten countries with the highest number of obese population. In 2024, a Lancet study also reported that 70% of the urban population in the country is overweight while one in eight individuals is classified as obese.
With the introduction of favourable government initiatives, such as Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme, aimed at boosting electronic appliances manufacturing and ease of doing business in the country, major market players are expanding their manufacturing activities in the country. In January 2024, Versuni India revealed its new production plant in Bavla near Ahmedabad, where the company has decided to produce Philips Airfryers for the first time in India.
The increasing awareness and focus on maintaining a healthy diet in India play a significant role in propelling the growth of the marker. Air fryers are marketed as a healthier alternative to traditional deep-frying methods, as they require significantly less oil. This appeals to health-conscious individuals looking to reduce their intake of calories and fats. In today's fast-paced society, there is a demand for quick and easy meal preparation options. Air fryers offer a convenient and efficient cooking solution that requires minimal preparation and cleanup. This convenience is particularly attractive to busy professionals and families, contributing to the expansion of the market.
India Air Fryer Industry Segmentation
“India Air Fryer Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Drawer Type
Lid Type
Market Breakup by Type:
Manual
Automatic
Market Breakup by End Use:
Residential
Commercial
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Speciality Stores
Online
Others
Market Breakup by Region:
North India
East and Central India
West India
South India
India Air Fryer Market Share
Based on type, the market is segmented into manual and automatic. The automatic segment is projected to grow at a CAGR of 15.1% during the forecast period of 2025-2034. Automatic air fryers are gaining popularity due to their convenience and capacity to create healthier dishes. Their rapid air technology allows them to cook food faster than traditional ovens, making them perfect for busy people who want to whip up meals quickly without sacrificing flavour or nutrition.
Leading Companies in the India Air Fryer Market
The market players are focusing on the production of smart and energy-efficient air fryers to gain a competitive edge in the market.
Koninklijke Philips N.V.
TTK Prestige Ltd.
Havells India Ltd.
Tuareg Marketing Pvt. Ltd. (INALSA)
Ken Lifestyles Pvt. Ltd.
Wonderchef Home Appliances Pvt. Ltd.
Glen Appliances Pvt. Ltd.
Usha International Ltd.
American Micronic Instruments (India) Private Limited
Others
India Air Fryer Market Outlook
By 2026, India’s export of electronics and electronic equipment is likely to reach USD 120 billion.
In May of 2023, Philips introduced a new air fryer featuring a transparent cooking window in India through a collaboration with Croma, priced at Rs 15,995.
Based on data obtained from industry associations, electronics manufacturing in India is valued at Rs 640,810 crore for the fiscal year 2021-22 (US $ 80bn).
India Air Fryer Market Growth
India's growing demand for air fryers can be attributed to the increasing awareness of health-conscious cooking methods and the convenience they offer in preparing meals with less oil. India ranks third in the list of top ten countries with the highest number of obese population. In 2024, a Lancet study also reported that 70% of the urban population in the country is overweight while one in eight individuals is classified as obese.
With the introduction of favourable government initiatives, such as Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme, aimed at boosting electronic appliances manufacturing and ease of doing business in the country, major market players are expanding their manufacturing activities in the country. In January 2024, Versuni India revealed its new production plant in Bavla near Ahmedabad, where the company has decided to produce Philips Airfryers for the first time in India.
The increasing awareness and focus on maintaining a healthy diet in India play a significant role in propelling the growth of the marker. Air fryers are marketed as a healthier alternative to traditional deep-frying methods, as they require significantly less oil. This appeals to health-conscious individuals looking to reduce their intake of calories and fats. In today's fast-paced society, there is a demand for quick and easy meal preparation options. Air fryers offer a convenient and efficient cooking solution that requires minimal preparation and cleanup. This convenience is particularly attractive to busy professionals and families, contributing to the expansion of the market.
India Air Fryer Industry Segmentation
“India Air Fryer Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Drawer Type
Lid Type
Market Breakup by Type:
Manual
Automatic
Market Breakup by End Use:
Residential
Commercial
Market Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Speciality Stores
Online
Others
Market Breakup by Region:
North India
East and Central India
West India
South India
India Air Fryer Market Share
Based on type, the market is segmented into manual and automatic. The automatic segment is projected to grow at a CAGR of 15.1% during the forecast period of 2025-2034. Automatic air fryers are gaining popularity due to their convenience and capacity to create healthier dishes. Their rapid air technology allows them to cook food faster than traditional ovens, making them perfect for busy people who want to whip up meals quickly without sacrificing flavour or nutrition.
Leading Companies in the India Air Fryer Market
The market players are focusing on the production of smart and energy-efficient air fryers to gain a competitive edge in the market.
Koninklijke Philips N.V.
TTK Prestige Ltd.
Havells India Ltd.
Tuareg Marketing Pvt. Ltd. (INALSA)
Ken Lifestyles Pvt. Ltd.
Wonderchef Home Appliances Pvt. Ltd.
Glen Appliances Pvt. Ltd.
Usha International Ltd.
American Micronic Instruments (India) Private Limited
Others
Table of Contents
134 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Air Fryer Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Air Fryer Historical Market (2018-2024)
- 5.3 Asia Pacific Air Fryer Market Forecast (2025-2034)
- 6 India Air Fryer Market Overview
- 6.1 Key Industry Highlights
- 6.2 India Air Fryer Historical Market (2018-2024)
- 6.3 India Air Fryer Market Forecast (2025-2034)
- 7 India Air Fryer Market by Product Type
- 7.1 Drawer Type
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Lid Type
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 India Air Fryer Market by Type
- 8.1 Manual
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Automatic
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 India Air Fryer Market by End Use
- 9.1 Residential
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Commercial
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 India Air Fryer Market by Distribution Channel
- 10.1 Supermarkets and Hypermarkets
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Speciality Stores
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Online
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Others
- 11 India Air Fryer Market by Region
- 11.1 North India
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 East and Central India
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 West India
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 South India
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators for Demand
- 12.4 Key Indicators for Price
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Koninklijke Philips N.V.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 TTK Prestige Ltd.
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 Havells India Ltd.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Tuareg Marketing Pvt. Ltd. (INALSA)
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Ken Lifestyles Pvt. Ltd.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Wonderchef Home Appliances Pvt. Ltd.
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Glen Appliances Pvt. Ltd.
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 Usha International Ltd.
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 American Micronic Instruments (India) Private Limited
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.10 Others
Pricing
Currency Rates
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