Market Trends of Deep Fryers Industry
Expansion of HORECA Drives the Market
The expansion of HORECA (Hotels, Restaurants, and Cafes) and the quick service industry led to the growth of the deep fryers market. Increasing disposable income and expansion at a healthy pace also support market growth. Due to the competitive and affordable pricing against increased appetite and high convenience, Quick Service Restaurants (QSRs) have been massively successful, and they are now gaining immense popularity in developing economies like India, Africa, and Latin American countries. QSR's some of the product offerings are fries, burgers, cheeseballs which has a high acceptance among consumers across the globe. Therefore, expanding the HORECA and QSR industry provides opportunities for the deep fryer market to make its footprint.
North America Dominates the Market
The increasing demand for fried food products led to the growing demand for deep fryers in North America. Due to their speed and convenience, consumers prefer deep fryers for cooking. Manufacturers in North America are developing innovative products to meet consumers' requirements and boost deep fryers' efficiency and safety features.
Manufacturers in North America are focusing on making deep fryers with automatic controls, digital displays, and pre-programmed frying modes. An increased demand for eco-friendly and energy-efficient products in North America will fuel the expansion of the deep fryer market.