Region : Global | Format: PDF | Report ID: BRI110868 | SKU ID: 24925350
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global commercial deep fryers market size was USD 421.7 million in 2023 and the market is projected to touch USD 556.29 million by 2032, exhibiting a CAGR of 3.1% during the forecast period.
A commercial deep fryer is a kitchen appliance used in kitchens and restaurants, primarily designed to heat large quantities of cooking oil to fry large quantities of food such as funnel cakes, fritters and mozzarella sticks. These fryers are mainly used for preparing fast food and making it crispier.
The growing number of restaurants and eateries worldwide is expected to increase the demand for commercial specialty fryers. Designed to meet the specific needs of different types of kitchens, these fryers are essential tools in many food kitchens. Despite concerns about the health effects of consuming fried foods, they remain popular around the world. The growing popularity of fried foods is expected to increase the demand for commercial specialty fryers, especially those capable of producing healthier versions of fried foods.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
Due to the outbreak of COVID-19, many industries are temporarily closed or operating with a reduced workforce due to forced closures and similar restrictions imposed by governing bodies. The coronavirus pandemic situation has caused huge disruptions to supplies for a long time. Changes in consumer behavior and the focus on healthy eating to maintain high immunity to combat the infection of COVID-19 have made it difficult to consume products.
"Demand For Energy-Efficient And Environmentally Friendly Fryers And Integration Of Smart Technology To Drive Market Growth"
Several trends are emerging in the global commercial fryer market. First, demand for energy-efficient and environmentally friendly fryers is increasing as companies strive to reduce their environmental footprint. In addition, oil-free or low-oil fryers are increasingly popular, offering healthier fried options. Another observed trend is the integration of smart technology into fryers, such as automatic temperature control and monitoring systems. In addition, it is noticeable that the use of electric fat burners is becoming more common in the market compared to gas versions due to their ease of use and cost effectiveness. These trends are expected to shape the future of the global commercial fryer market.
Based on type the global market can be categorized into Countertop Deep Fryers, Floor Model Deep Fryers.
Deep fryers are perfect for small kitchens that don't need or can accommodate a full-sized deep fryer. Table top fryers are perfect for frying different types of food such as chicken, fish, potatoes, pastries and even ice cream.
Floor Model Deep Fryers are professional deep fryers with a 6 liter tank or 6 + 6 double tank and are especially suitable for fast food restaurants. Suitable for frying onions, chicken, fish, onion rings in quick succession, using as little oil as possible.
Based on application the global market can be categorized into Restaurants, Food Trucks, Cafes, Others.
Commercial deep fryers have wide applications in restaurants, food trucks, cafes and others. Restaurants shared the major segment as the deep fryers are majorly used here to serve best services.
A food truck is a large motorized vehicle or trailer equipped to store, transport, cook, prepare, serve and/or sell food.
"Growth Of The Restaurant Industry Propel Market Growth"
The rapid growth of the restaurant industry is expected to be a major driver for the development of the global commercial deep fryers market. A fast-paced lifestyle is leading to changes in the eating habits of most of the world's population. This leads to an increase in the demand for edible food, which increases the number of hotels and restaurants; which accelerates commercial deep fryers market growth. In addition, the increase in experiments and innovations in various cuisines along with the growth of the gastronomy industry will increase the expansion of the market in the coming years.
"Popularity Of Fast Food Among Consumers And Increase In Demand For Commercial Fryers Due To Several Benefits Will Foster Market Growth"
The rise in popularity of fast food among consumers and developing countries will increase the demand for commercial fryers during the forecast period. Demand for fast casual restaurants is growing rapidly in several countries. These restaurants have a simple appearance and offer a variety of fast food popular among consumers. Fast food chains also offer various options to this demographic, which is expected to positively impact market growth. Commercial fryers have several advantages such as low fuel consumption, fast frying, easy cleaning and the ability to fry many foods in large quantities. Fried foods such as mozzarella sticks, fritters, fried chicken, fish, fried ice cream and fried spaghetti are usually fried. Commercial fryers are available with filtration system technology that attracts buyers.
"Availability Of Alternatives may Hamper Market Growth"
Availability of other alternatives to commercial fryers such as air fryers is one of the major barriers to market growth as the demand for air fryers increases. Air fryers are a healthier choice than other fryers.
"Asia Pacific Dominating the Market due to Increasing Demand For Fried Foods And Growing Food Sector"
The market is primarily segmented into Europe, Latin America, Asia Pacific, North America and Middle East and Africa.
Asia Pacific is likely to account for the highest revenue in the global commercial deep fryer market share in 2022, which is expected to grow significantly during the forecast period. The fryer market in this region is expected to grow due to increasing demand for fried foods and growing food sector in developing countries such as China and India. Availability of affordable deep fryers and growth in e-commerce are additional factors expected to increase the demand for deep fryers in this region. Additionally, significant competitors offering various programs such as discounts, loyalty schemes and product customization options are expected to drive market revenue in the Asia Pacific region.
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The commercial deep fryer market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. several manufacturers have started selling their products online through their websites. Several companies are focusing on growth strategies such as product launches, product approvals, patents and events, acquisitions, partnerships and collaborations to grow the product portfolio. These activities include opportunities to expand the business and customer base. With the development of technology, the fryer market is expected to be more energy efficient and reliable.
February 2021: Welbilt, Inc., a global manufacturer of commercial food service equipment, has launched a new line of commercial gas ranges under its Frymaster brand. The new fryers have improved energy efficiency and advanced filtration systems that improve food quality and reduce operating costs.
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
The global commercial deep fryers market is expected to reach USD 556.29 million by 2032.
The commercial deep fryers market is expected to exhibit a CAGR of 3.1% by 2032.
Growth of the restaurant industry and popularity of fast food among consumers and increase in demand for commercial fryers due to several benefits are some of the driving factors of the market.
The key market segmentation that you should be aware of, which include, Based on type the commercial deep fryers market is classified as Countertop Deep Fryers, Floor Model Deep Fryers. Based on application the commercial deep fryers market is classified as Restaurants, Food Trucks, Cafes, Others.
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