Global Electric Fryers Market to Grow at a CAGR of 9.28 % During the Period 2014-2019; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Electric Fryers Market 2015-2019” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 11/17/2015 --Report forecast the global electric fryers market to grow at a CAGR of 9.28 % over the period 2014-2019.
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.
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.
- Deep fat fryers
- Air fryers
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.
Global Electric Fryers 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC, Europe, North America and ROW; it also covers the landscape of the global electric fryers market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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
Key regions
- APAC
- Europe
- North America
- ROW
Market driver
- Increase in incidence of obesity
- For a full, detailed list, view our report
Market challenge
- Threat of substitution from alternative appliances
- For a full, detailed list, view our report
Market trend
- Growing urbanization
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 82 pages and 68 Exhibits "Global Electric Fryers Market 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Market vendor analysis, Other prominent vendors, Key vendor analysis, Appendix.
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