Global Electric Fryers Market 2015-2019
About electric fryers
An electric fryer is used for making the process of frying food less cumbersome. It is used in residential as well as commercial segments. This report focusses on the electric fryers for the residential segment.
The presence of deep fat fryers and air fryers in the market meets the need of health conscious consumers. The increased health consciousness and rising incidence of obesity are propelling the market. This is due to the ability of electric fryers to fry food using less amount of oil. The deep fat fryers available in the market ensure that the food is uniformly fried along with retention of nutrition and moisture. Air fryers are a recent innovation in the electric fryer market. Compared to a conventional deep fat fryer, air fryers claim to reduce fat usage by 80%. The vendors of electric fryers ensure that the fryers are equipped with a user-friendly interface and have attractive product aesthetics along with the use of superior technologies.
Technavio's analysts forecast the global electric fryers market to grow at a CAGR of 9.28 % over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global electric fryers market for the period 2014-2019. To calculate the market size, the report considers revenue generated from the sales of the following electric fryer for the residential segment.
Technavio Announces the Publication of its Research Report – Global Electric Fryer Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Electric Fryer Market: Cuisinart, Havells, Kenstar, Philips, Tefal and Waring
Other Prominent Vendors in the market are: Avalon Bay, Breville, Hamilton Beach Brands, Jarden Consumer Solutions and National Presto Industries
Commenting on the report, an analyst from Technavio’s team said: “E-commerce has allowed people to research extensively on product features, making price comparisons before the final purchase of products. With the growth in e-commerce, leading brands are focusing on delivering improved sales experiences. Vendors are increasingly investing in devising account management and supply chain management strategies along with enhancements in product assortments.”
According to the report, changes in food habits and lifestyle indicate that electric kitchen appliances such as electric fryers will register growth in the forecast period. The millennials, having developed a taste for exotic and diverse foods, select from a variety of channels, such as online and specialty stores, to purchase their preferred food. While dining at restaurants is still in trend, people are increasingly opting to cook for themselves and their guests at home.
Further, the report states that the CPSC Consumer Product and Safety Commission (CPSC) of the US ensures protection to consumers from potential safety hazards. With increase in the number of platforms for consumer grievance redressal, such issues can malign a company's image and affect the revenue of the company.
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