According to a recent report by Future Market Insights (FMI), the global electric commercial deep fryers market is poised for substantial growth. The market is forecasted to expand at a Compound Annual Growth Rate (CAGR) of 6.6% between 2023 and 2033, culminating in a total valuation of US$ 1,456.9 million by 2033.
The surge in demand for electric commercial deep fryers is driven by significant technological advancements and the integration of autonomous sensors within the food industry. The utilization of robots is increasingly commonplace in restaurant setups, where they handle order-taking and food delivery to customers. Additionally, the proliferation of mobile apps is ushering in innovative strategies for restaurant businesses, facilitated through the development of restaurant apps.
Download a sample to obtain additional highlights and key points on various market segments and their impact in the coming years @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16999
Rising Demand for Electric Commercial Deep Fryers: Driven by Diverse Culinary Businesses
The escalating popularity of small restaurants, fast food stations, cafés, and eateries is set to fuel the demand for electric commercial deep fryers. This surge is further bolstered by the remarkable growth of e-commerce platforms and retail outlets, which are contributing to the widespread adoption of these devices across the market.
Innovations Enriching Deep Fryer Capabilities
As electric commercial deep fryers undergo advancements, they are becoming equipped with a plethora of features, ranging from thermostats, timers, and baskets to oil filters, automatic shutoff mechanisms, digital displays, and more. This enhanced functionality allows businesses to offer customers a wider variety of options, resulting in heightened efficiency and reduced waste. The convenience and versatility of these fryers have made them particularly attractive for cafeterias, which benefit from an array of food choices and efficient large-batch cooking capabilities.
Key Insights from the Market Analysis
- The global electric commercial deep fryers market was valued at US$ 721.3 million in 2022.
- Digital fryers are projected to capture 42% of total sales by 2023, based on operating mode.
- Cafeterias are the predominant users of electric commercial deep fryers, constituting over 54% of sales in 2023.
- The United States emerged as a hub for sales in 2022, commanding a market share of 36.7%.
- China is anticipated to exhibit rapid growth, with an expected CAGR of 5.9%.
- The market is set to expand 1.9 times from 2023 to 2033.
Prominent Players and Future Prospects
Companies are poised to intensify their focus on research and innovation, leading to product line expansions, acquisitions, and mergers.
Key players include Breville, Hamilton Beach, Cuisinart, AKASA, Middleby Corporations, Avantco Equipment, MVP Group Corporation, Huayu, Welbilt, Globe Food Equipment, Henny Penny, and Alister.
AB Electrolux, for instance, offers a range of single and double-well commercial electric floor-standing fryers, complete with overheat protection and thermostatic oil temperature control up to 365 degrees Fahrenheit. The company also provides countertop and portable fryer options.
Comprehensive Insights
Future Market Insights presents an unbiased analysis of the global electric commercial deep fryers market, encompassing historical data from 2018 to 2022 and forecast statistics for 2023-2033.
The study provides crucial insights based on capacity, material, operating mode, end-user, and regions, helping stakeholders gain a comprehensive understanding of market trends and opportunities.
Buy This Premium Report to Avail Detail Information about Market Segments, Regional Analysis with Country Specific Insights: https://www.futuremarketinsights.com/checkout/16999
Key Segments Profiled in the Electric Commercial Deep Fryers Market Survey
By Capacity:
- Up to 5 Litres
- 5 to 15 litres
- Above 15 litres
By Material:
- PTFE (Polytetrafluoroethylene)
- Plastic
- ETFE (Ethylene Tetrafluroethylene)
By Operating Mode:
- Digital Control
- Manual or Mechanic Control
By End-User:
- Hotels
- Cafeterias
- Quick Service Restaurants
- Food Trucks
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of 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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
