The electric commercial deep fryers market is heating up, with a sizzling projection to reach a substantial US$ 1,456.9 million by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 6.6%. This market surge is attributed to the expanding landscape of food-service establishments and the rising demand for high-capacity deep fryers. These high-capacity fryers have the capacity to cook multiple food items simultaneously, leading to significant labor cost savings.
The growth of commercial electric deep fryers is strongly influenced by the increasing number of quick-service restaurants. As consumers' preferences evolve and their lifestyles become more fast-paced, quick-service restaurants are flourishing. Electric deep fryers, renowned for their efficiency and convenience, are becoming the go-to choice for these establishments to cater to growing demand.
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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.
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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)
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