The global specialty commercial deep fryers market is expected to be valued at US$ 1,126.5 million in 2023. With the continual economic growth rise in the disposable incomes of people, the overall scope for Specialty Commercial Deep Fryers Market is projected to grow at a CAGR of 6.7% between 2023 and 2033, totaling around US$ 2,154.7 Million by 2033.
The increasing number of restaurants and food service establishments around the world is expected to accelerate the demand for specialty commercial deep fryers. These fryers are designed to meet the specific needs of different types of cuisine, making them an essential tool in many food service kitchens. Despite concerns about the health effects of consuming fried foods, they remain popular around the world. The growing popularity of fried foods is anticipated to boost the demand for specialty commercial deep fryers, particularly those that can produce healthier versions of fried foods.
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Additionally, the increasing popularity of ethnic foods, particularly those from Asian and Latin American cuisines, is anticipated to propel the demand for specialty commercial deep fryers that are designed to handle these types of dishes. The introduction of new technologies, such as automated frying systems and advanced oil filtration systems, is expected to drive the growth of the specialty commercial deep fryers market by improving efficiency and reducing costs.
Increasing adoption of automation and smart technology: As the food service industry becomes more advanced and technology-driven, there is a growing demand for deep fryers that incorporate automation and smart technology. These advanced fryers can help food service establishments to improve their efficiency, reduce waste, and increase profitability, which is expected to drive the growth of the specialty commercial deep fryers market.
As consumers become more health-conscious, there is a growing demand for healthier food options in the food service industry. Specialty commercial deep fryers that are designed to use healthier oils and cooking methods, such as air frying and low-oil frying, are expected to see increased demand as a result.
Key Takeaways from the Market Study
- Global specialty commercial deep fryers market was valued at US$ 1,055.8 Million as of 2022
- From 2018 to 2022, the market demand expanded at a CAGR of 3.8%
- North America is expected to hold the highest market share of 33.0%
- By fuel type, the electric segment is expected to constitute a CAGR of 6.6% in 2033.
- On the basis of end-user, the quick-service restaurants segment is expected to dominate the market with a CAGR of 6.5%
- From 2023 to 2033, specialty commercial deep fryers services are expected to flourish at a CAGR of 6.7%.
“The advent of new technologies, such as automated frying systems and advanced oil filtration systems, is anticipated to propel the growth of the Specialty Commercial Deep Fryers market in the near future,” remarks an FMI analyst.
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Competitive Landscape
Prominent players in the specialty commercial deep fryers market are:
- Electrolux AB.
- The Middleby Corporation
- Falcon Foodservice Equipment
- Illinois Tool Works Inc.
- Guangdong Rongsheng Electric Holding Co. Ltd.
- Standex International Corporation
- Avantco Equipment
- De’Longhi S.p.A.
- WinCo Foods, Inc.
- National Presto Industries.
- Hatco Corporation.
- and Frymaster, among others.
Recent Developments:
- In 2021, Frymaster also introduced its new FilterQuick fryer with Oil Quality Sensor (OQS) technology. The OQS technology uses infrared sensors to measure the quality of frying oil and alert operators when it needs to be changed. The fryer also features a built-in filtration system and energy-efficient heating elements.
- In 2020, Henny Penny Corporation launched a new line of pressure fryers, the PFE 500/PFG 600/PFE 561/PFE 591 models, designed for energy efficiency and reduced oil consumption.
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More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global specialty commercial deep fryers market, providing historical data for 2017-2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the specialty commercial deep fryers market, the market is segmented on the basis of fuel type (natural gas, liquid propane, and electric), heat distribution (tubes & baffles, open pot, flat bottom, and ribbon element), and end-user (quick-service restaurants, hotels, cafeteria, food trucks, and others), across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Key Segments Covered in the Specialty Commercial Deep Fryers Industry Analysis
By Fuel Type:
- Natural Gas
- Liquid Propane
- Electric
By Heat Distribution:
- Tubes & Baffles
- Open Pot
- Flat Bottom
- Ribbon Element
By End-User:
- Quick-Service Restaurants
- Hotels
- Cafeteria
- Food Trucks
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Explore This Report From Different Publications:
Specialty Commercial Deep Fryers Market:
1) https://finance.yahoo.com/news/specialty-commercial-deep-fryers-market-150000877.html
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Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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