Specialty Commercial Deep Fryers Target US$ 2,154.7 Million by 2033, Spurred by Quick Service Restaurant Adoption – Insights from Future Market Insights, Inc
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 the 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 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-users, the quick-service restaurants segment is expected to
dominate the market with a CAGR of 6.5%
- From
2023 to 2033, specialty commercial deep fryer 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.
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.
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
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