Global Electric Commercial Deep Fryers Market is Set to Cross a Revenue of US$ 1,456.9 Million by 2033, Growing at a CAGR of 6.6% | Data by Future Market Insights, Inc.

NEWARK, DE / ACCESSWIRE / April 13, 2023 / The global demand for electric commercial deep fryers is projected to increase at a CAGR of 6.6% during the forecast period between 2023 and 2033, reaching a total of US$ 1,456.9 million in 2032, according to a report from Future Market Insights (FMI). Sales experienced significant growth between 2017 and 2021, growing at a CAGR of 3.90%.

Advances in technology and demand for autonomous sensors in the food industry are driving market demand for electric commercial deep fryers. Robots are becoming a common part of restaurants' setups as they take orders and deliver food to customers. Mobile apps provide innovative strategies for restaurant businesses through restaurant app development services.

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Demand for electric commercial deep fryers will likely be driven by the growth of small restaurants, fast food stations, cafés, and restaurants. There has been great growth in e-commerce websites and retail stores recently, making these devices more popular in the marketplace.

As deep fryers become increasingly sophisticated, they can be equipped with multiple features, such as thermostats, timers, baskets, oil filters, automatic shutoff, digital displays, and oil filters. By offering more variety and options to customers, businesses are able to maximize efficiency and reduce waste. Due to the convenience of cafeterias as well as a wide selection of food options available, the market for electric commercial deep fryers is steadily growing due to their variety and convenience. These fryers can cook large batches of food quickly and efficiently, making them the ideal choice for cafeterias with high traffic and a lot of orderly food preparation.

Key Takeaways from the Market Study

• The market for electric commercial deep fryers was valued at US$ 721.3 million in 2022
• By operating mode, digital fryers are likely to account for 42% of overall sales in 2023
• Electric commercial deep fryers are extensively used in cafeterias, accounting for over 54% of all sales in 2023
• The United States was the reigning hub for electric commercial deep fryer sales in 2022, comprising a market share of 36.7%
• China is expected to be one of the fastest-growing markets, registering a 5.9% CAGR
• Global electric commercial deep fryers market to grow 1.9x from 2023 to 2033

Competitive Landscape

With the expansion of product lines, acquisitions, and mergers, many companies are likely to focus their efforts on research and innovation in the near future.

Key players in the Breville, Hamilton Beach, Cuisinart, AKASA, Middleby Corporations, Avantco Equipment, MVP Group Corporation, Huayu, Welbilt, Globe Food Equipment, Henny Penny, and Alister.

• AB Electrolux - Electrolux offers a large range of single and double-well commercial electric floor-standing fryers. In addition to being overheat-protected, the oil temperature is thermostatically controlled up to 365 degrees Fahrenheit. As well as offering countertop fryers, it also offers a line of portable fryers.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global electric commercial deep fryers market, presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of capacity (Up to 5 liters, 5 to 15 liters, and above 15 liters), by material (PTFE (polytetrafluoroethylene), plastic, ETFE (Ethylene tetrafluoroethylene)), by operating mode (digital control, manual or mechanic control) and by end-user (hotels, cafeterias, quick service restaurants, food trucks) and regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa).

Key Segments Profiled in the Electric Commercial Deep Fryers Market Industry 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)

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Table of Content

1. Executive Summary | Electric Commercial Deep Fryers Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.8. PESTLE and Porter's Analysis

3.9. Regulatory Landscape

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Capacity, 2018 to 2022

5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Capacity, 2023 to 2033

5.4. Y-o-Y Growth Trend Analysis By Capacity, 2018 to 2022

5.5. Absolute $ Opportunity Analysis By Capacity, 2023 to 2033

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries

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