The global gas commercial deep fryers market is expected to be valued at USD 686.8 million in 2023. With the continued economic growth rise in the disposable incomes of people, the overall scope of the gas commercial deep fryers market is projected to grow at a CAGR of 6.6% between 2023 and 2033, totaling around USD 1,301.4 million by 2033.
With advancements in technology, gas commercial deep fryers have become more efficient, easy to use, and equipped with features such as automated controls and temperature sensors. These features improve the cooking process, reduce cooking time, and ensure consistent quality, which is expected to increase demand for gas commercial deep fryers in the near future.
Furthermore, food trucks have become increasingly popular in recent years, and many of them serve fried food items. As the number of food trucks increases, so does the demand for gas commercial deep fryers that are portable and easy to use.
| Data Points | Key Statistics |
|---|---|
| Gas Commercial Deep Fryers Market Value 2023 | USD 686.8 Million |
| Gas Commercial Deep Fryers Market Projected Value (2033) | USD 1,301.4 Million |
| Gas Commercial Deep Fryers Market CAGR (2023 to 2033) | 6.6% |
According to the analysis of Future Market Insights, with the development of advanced gas commercial deep fryers that are energy-efficient, easy to use, and offer improved safety features, the demand for these products is expected to increase. Additionally, manufacturers are also focusing on developing fryers that can fry food items with reduced oil content, which is expected to appeal to health-conscious consumers and lead to increased sales.
Moreover, the number of restaurants, fast-food chains, and other food outlets is growing, especially in developing countries, which is expected to increase the market growth during the analysis period. In addition, as people eat out more often, the demand for fried food items in restaurants and other food outlets is expected to increase, leading to increased demand for gas commercial deep fryers.
Further, the economic growth in emerging markets, such as China and India, is expected to escalate the market growth, as these countries have a large and growing middle class that is increasingly eating out and demanding fried food items.
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The global demand for gas commercial deep fryers is projected to increase at a CAGR of 3.9% during the forecast period between 2017 and 2022, reaching a total of USD 1,301.4 million in 2033. According to Future Market Insights, a market research and competitive intelligence provider, the gas commercial deep fryers market was valued at USD 644.3 million in 2022.
The hospitality industry, which includes hotels, resorts, and other accommodation establishments, is expanding globally. The demand for gas commercial deep fryers is expected to increase, as these establishments offer food services.
Also, with increasing health consciousness, there is a growing demand for healthier fried food alternatives. To meet this demand, gas commercial deep fryer manufacturers are developing fryers that use less oil and are more efficient, which is anticipated to foster growth prospects in the forthcoming years.
Furthermore, governments across the globe are increasingly setting safety standards for commercial cooking equipment, including gas fryers. These standards ensure that the equipment is safe to use and reduce the risk of accidents in commercial kitchens. This has led to an increase in the adoption of gas commercial deep fryers, as businesses seek to comply with these regulations.
The increasing government initiatives can create a more favorable environment for the growth of the gas commercial deep fryers market by setting safety and energy efficiency standards, providing incentives for businesses, and addressing environmental concerns.
For instance, in the United States, the Environmental Protection Agency (EPA) has established energy efficiency standards for commercial kitchen equipment, including gas fryers. Additionally, there may be government incentives or programs to encourage the use of energy-efficient or environmentally-friendly equipment.
Moreover, in the European Union, the Energy-related Products Directive (ErP) sets energy efficiency standards for commercial cooking equipment, including gas fryers. Manufacturers must meet these standards in order to sell their equipment in the EU market. The ErP aims to reduce energy consumption and greenhouse gas emissions from commercial kitchen equipment.
Increasing Adoption of Online Food Ordering to Fuel the Market Growth
Increasing adoption of online food ordering: The trend of online food ordering has been growing rapidly in recent years, and it is expected to continue to do so in the future. The foodservice industry is a major user of commercial deep fryers, and the demand for gas commercial deep fryers is expected to increase due to the growing demand for fried food items in restaurants, fast-food chains, and other food outlets. Additionally, with the rising popularity of street food and food trucks, the demand for portable gas commercial deep fryers is also expected to increase.
As more consumers order food online, restaurants and other food outlets are under pressure to offer a wider range of menu items to cater to this demand. Many online food ordering platforms offer a large selection of restaurants and food outlets, and these outlets need to differentiate themselves by offering unique and tasty menu items, including fried food items.
Fried food items are a popular choice for many consumers, and they require gas commercial deep fryers to prepare. As a result, the growing trend of online food ordering is expected to increase demand for gas commercial deep fryers, as restaurants and other food outlets seek to offer a wider range of menu items to cater to this demand.
Growing Popularity of Fried Foods to Accelerate the Market Growth
Fried foods, such as french fries, chicken wings, and fried chicken, are popular around the world and continue to be a part of people's daily diets. This popularity has driven the demand for gas commercial deep fryers, which are used to fry these food items in restaurants, fast-food chains, and other food outlets.
Consumers are increasingly demanding fried foods due to their taste, convenience, and affordability. They are also becoming more health-conscious, which has led to the development of healthier versions of fried foods, such as air-fried and oven-fried items.
As the demand for fried foods continues to grow, restaurants and food outlets need to meet this demand by using efficient and reliable cooking equipment. Gas commercial deep fryers are preferred by many food businesses due to their high cooking capacity, faster cooking time, and cost-effectiveness. They are also easier to maintain and clean compared to other types of deep fryers.
The trend of eating out is also contributing to the growth of the gas commercial deep fryers market. As people eat out more often, they are exposed to a wider range of food options, including fried foods. This has led to an increased demand for gas commercial deep fryers in restaurants, fast-food chains, and other food outlets.
Increasing Concern Regarding Health Risks to Restrain the Market
One major factor limiting the growth of the Commercial Deep Fryers Market is the growing concern among consumers about the health risks associated with consuming fried foods. Fried foods are often high in fat, calories, and cholesterol, and their consumption has been linked to health issues such as obesity, heart disease, and diabetes.
Consequently, many consumers are looking for healthier food options, and this has led to a shift in demand away from fried foods. This shift in consumer preferences has had an impact on the demand for commercial deep fryers, as foodservice operators are under pressure to offer healthier menu items and reduce their reliance on fried foods.
Furthermore, government regulations and initiatives aimed at promoting healthy eating habits have also contributed to the decline in demand for fried foods and commercial deep fryers. For instance, some countries have introduced taxes on sugary and fatty foods to discourage their consumption and promote healthier options.
Rising Interest in Convenience Foods in North America to Fuel the Market Growth
The gas commercial deep fryers market in the United States accumulated the highest market share of 33.4% in 2022. The foodservice industry in North America is a major consumer of commercial deep fryers, as they are an essential piece of equipment for preparing a wide range of popular menu items, such as french fries, onion rings, chicken wings, and fried chicken. As the food service industry in North America continues to grow, the demand for commercial deep fryers is also expected to increase.
Additionally, technological advancements in commercial deep fryers, such as the introduction of energy-efficient models, are also contributing to the growth of the market in North America. These advancements have helped to reduce operating costs and increase efficiency, making commercial deep fryers a more attractive investment for foodservice operators.
Moreover, convenience foods, such as frozen foods and pre-packaged meals, are also driving the growth of the Commercial Deep Fryers Market in North America. These foods often require deep frying to prepare, and as the demand for convenience foods continues to increase, so too does the demand for commercial deep fryers in the region.
Rising Government Initiatives such as Subsidies in the Region to Fuel the Market Growth
The gas commercial deep fryers market in the Asia Pacific is expected to be significant, with China set to expand at a CAGR of 6.0% from 2023 to 2033. The rapid urbanization and changing lifestyles in many countries in the Asia Pacific are driving the growth of the foodservice industry, which in turn is increasing demand for commercial deep fryers in the region. As more people move to urban areas and lead busy lifestyles, they are more likely to eat out or order food online, which has led to an increase in the number of restaurants and food outlets in the region.
Fast food and fried foods are becoming increasingly popular in Asia Pacific, particularly among younger consumers. This popularity is driving demand for commercial deep fryers, as these foods require deep frying to prepare. In addition, the technological advancements in commercial deep fryers, such as the introduction of energy-efficient models and automation features, are also contributing to the growth of the market in Asia Pacific. These advancements have helped to reduce operating costs and increase efficiency, making commercial deep fryers a more attractive investment for foodservice operators.
Furthermore, government initiatives and support in some countries in Asia Pacific are also driving the growth of the Commercial Deep Fryers Market. For instance, some governments are promoting the growth of the foodservice industry through subsidies and tax incentives, which is increasing demand for commercial deep fryers.
In India, the government has established safety standards for commercial cooking equipment, including gas fryers. The Bureau of Indian Standards (BIS) has issued safety standards for gas fryers that manufacturers must comply with in order to sell their equipment in the Indian market. These standards aim to ensure the safety of workers and customers in commercial kitchens.
Gas Floor Fryers Segment to beat Competition in Untiring Market
On the basis of type, the market is dominated by gas floor fryers segment, which is expected to hold a CAGR of 6.4% over the analysis period. One major factor driving the growth of gas floor fryers is their efficiency and cost-effectiveness. Gas floor fryers are known for their quick heating and recovery times, which allows food to be cooked quickly and efficiently, leading to improved productivity in the kitchen. Additionally, gas floor fryers are more cost-effective than electric fryers, as natural gas is generally less expensive than electricity.
Moreover, gas floor fryers are versatile and can be used to prepare a wide range of food items, making them a popular choice for many types of foodservice establishments. Their durability and ease of maintenance are also factors that contribute to their popularity.
Manufacturers of gas floor fryers are increasingly focusing on developing energy-efficient models that help reduce operating costs for foodservice operators. This is driving the adoption of gas floor fryers, particularly among small and medium-sized foodservice establishments. In addition, the growing popularity of ethnic cuisine, particularly in North America and Europe, is driving the demand for gas floor fryers. These fryers are used to prepare a wide range of ethnic dishes, such as tempura, pakoras, and samosas, among others.
Natural Gas Segment to Drive the Gas Commercial Deep Fryers Market
Based on the power source, the natural gas segment is expected to expand at rapid rate of 6.3% CAGR over the analysis period. Natural gas is typically less expensive than liquid propane, making it a more cost-effective fuel source for deep fryers. As a result, natural gas-powered deep fryers are preferred by food service operators who are looking to reduce their operating costs.
The segmental growth is also driven by the increasing availability of natural gas infrastructure. The availability of natural gas infrastructure has been steadily increasing over the past few years, particularly in North America and Europe. This has made it easier for food service operators to connect their deep fryers to the natural gas grid, further driving the growth of the Commercial Deep Fryers Market.
In addition, natural gas is a cleaner-burning fuel source than liquid propane, which makes it a more environmentally friendly option. As sustainability becomes increasingly important to consumers, food service operators are looking for ways to reduce their carbon footprint, and natural gas-powered deep fryers can help them achieve this goal.
Gas commercial deep fryers market startup players are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential patients and create a larger customer base. For instance,
Prominent players in the gas commercial deep fryers market are
Recent Developments:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.6% from 2023 to 2033 |
| Market Value in 2023 | USD 686.8 Million |
| Market Value in 2033 | USD 1,301.4 Million |
| Base Year for Estimation | 2022 |
| Historical Data | 2017 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Type, Power Source, Burner Style, Capacity |
| Regions Covered | North America; South Asia; East Asia; Oceania; Europe; Latin America; Middle East & Africa |
| Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, India, Malaysia, Singapore, Thailand, China, Japan, South Korea, Australia, New Zealand, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Avantco Equipments; Carnival King; Cooking Performance Group; Main Street Equipment; Frymaster; Garland; Globe Food Equipment; Henny Penny; Imperial Range; Pitco; Vulcan; Falcon Foodservice Equipment; Middleby Corporation; Ali Group |
| Report Customization & Pricing | Available upon Request |
The market is estimated to achieve a valuation of USD 686.8 million in 2023.
The market is estimated to attain USD 1,301.4 million by 2033.
The market is estimated to thrive at a 6.6% CAGR.
Between 2018 and 2022, the market exhibited a CAGR of 3.9%.
The United States market accumulated a dominant market share of 33.4%.
The gas floor fryers category dominates the market and exhibits a CAGR of 6.4%.
Gas Commercial Deep Fryers Market
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