Air fryers are versatile kitchen appliances with a range of applications. They use hot air circulation to cook food, requiring little to no oil, making them ideal for healthier frying, baking, roasting, and grilling. Air fryers feature precise temperature control and timers for consistent cooking results. Common uses of air fryers include preparing crispy fries, chicken wings, vegetables, and even desserts. Their compact size and quick cooking times make them suitable for busy households, promoting convenient and healthier cooking without compromising on taste and texture.
According to Data Bridge Market Research, the Singapore Air Fryer Market accounted for USD 13,013.64 thousand in 2021 and is expected to reach USD 20,898.82 thousand by 2029. The market is expected to grow with a CAGR of 6.10% in the forecast period of 2022 to 2029.
“Increased demand for healthier cooking alternatives boosts the market’s growth”
The air fryer market is experiencing robust growth driven by an increased demand for healthier cooking alternatives. As health-conscious consumers seek ways to enjoy fried foods with less oil, air fryers have gained popularity. These appliances offer a convenient and efficient way to prepare crispy dishes with significantly less fat content. Moreover, their versatility in cooking various foods, from vegetables to proteins, aligns with changing dietary preferences. As the demand for healthier eating options continues to rise, the air fryer market is expanding to cater to these evolving consumer needs, fostering its growth.
What restraints the growth of the Singapore air fryer market?
“High cost restraints the market’s growth”
The high cost of air fryers presents a significant restraint on the market's growth. While these appliances offer health-conscious cooking alternatives, their initial purchase price can be relatively steep compared to traditional frying methods. This cost factor may deter price-sensitive consumers from adopting air fryers, especially in markets with budget constraints.
Segmentation: Singapore Air Fryer Market
The Singapore air fryer market is segmented on the basis of type, function, liters, material, price range, wattage distribution channel , and end-user.
- On the basis of type, the air fryer market has been segmented into drawer type air fryer, lid type air fryer, and others.
- On the basis of function, the air fryer market has been segmented into manual, digital.
- On the basis of liters, the air fryer market has been segmented into small size 2.6l to 4.9l, mini size 2.5l and below, large xl size 5.0l to 8.5l and extra large xxl 8.6l to 12.5l.
- On the basis of material, the air fryer market has been segmented into plastic, metal, and others.
- On the basis of price range, the air fryer market has been segmented into below SGD $99, SGD 100 to SGD 149, SGD 150 to SGD 199, SGD 200 to SGD 249, SGD 250 to SGD 299, SGD 300 to SGD 349, SGD 350, above.
- On the basis of wattage, the air fryer market has been segmented into below 1200 watt, 1200-1500 watt, and 1500-1800 watt.
- On the basis of distribution channel, the air fryer market has been segmented into e-commerce, supermarkets/hypermarkets, specialty stores, and others.
- On the basis of end-user, the air fryer market has been segmented into residential, hotels, cafes, quick service restaurants, and others.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/singapore-air-fryer-market
The Prominent Key Players Operating in the Singapore Air Fryer Market Include:
- Koninklijke Philips N.V. (Netherlands)
- Rosewill, Inc. (U.S.)
- Meyer Corporation (U.S.)
- Bajaj Electricals Ltd (India)
- NuWave, LLC (U.S.)
- Avalon Bay (U.S.)
- GoWISE USA (U.S.)
- Breville (Australia)
- Groupe SEB (France)
- Conair Corporation (U.S.)
- BLACK+DECKER (U.S.)
- Conair LLC (U.S.)
- Newell Brands (U.S.)
- TATUNGUSA (Taiwan)
- 'De' Longhi Appliances S.r.l. (Italy)
- Ming's Mark Inc (U.S.)
- Gorenje (Slovenia)
- Domu Brands (U.K.)
Above are the key players covered in the report, to know about more and exhaustive list of Singapore air fryer market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Singapore Air Fryer Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Singapore vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
