The global industrial fryers market is estimated to expand at a healthy CAGR over the forecast period 2022-2032. Rapidly expanding packaged food industry and increasing introduction of fully automatic industrial deep fryers integrated with energy-efficient technologies is expected to augment the growth in the market.
Industrial fryers are electronic appliances commonly used in the food industry to deep fry food products such as potato products, pre-cooked snacks, breaded meat, and others. These electronic appliances are incorporated with grid-type bunch of hollow pipes which supply the heat from source to pan in order to efficiently fry the snacks. The oil, stored in a container or pan, is heated to around 600 degree centigrade to fry the consumables and make them crispy.
These fryers consist of deep walled pots that are fabricated using black steel, stainless steel, or cast iron, along with a propeller that pushes the frying contents forward. Hence, increasing consumption of dry-fried or oil-fried fast food products such as potato chips, meat, namkeens, nuts, and others, owing to rising fast-paced lifestyle is estimated to augment the sales of industrial fryers.
In addition to this, growing awareness regarding fatless-fired fast food products and rising implementation of stringent government regulations aimed towards improving oil-fried food product quality is anticipated to favor the growth in the industrial fryers market.
Over the past few years, the trend of industry 4.0 is creating deeper inroads, especially across the food industry, owing to the introduction of novel senor and button-operated automation technologies. With rising focus on increasing productivity and declining operational time, a rapid surge adoption of process automation technologies are being witnessed, especially across emerging economies such as China, India, Brazil, Australia, and South Korea among others.
Also, governments worldwide are undertaking a number of initiatives to promote adoption of automated technologies for increasing industrial production. For instance, according to the India Brand Equity Foundation, the Department of Heavy Industries in India announced introducing Samarth Udyog Bharat 4.0 initiative in 2021 for promoting the deployment of process automation technologies to favor the expansion of the manufacturing sector in the country by 2025 end.
Such initiatives are encouraging leading food processing industrial players to adopt automated technologies such as industrial fried, which is in turn, bolstering the demand in the market.
Citing this trend key companies in the market are aiming at setting up new industrial cooking equipment manufacturing plants for increasing their production capacities to address the surging demand. For instance, Middleby Corporation, a leading cooking, and industrial process equipment company, announced its plan to construct a new 356,000 sq.ft. manufacturing facility in New Hampshire, the U.S. in 2021. A slew of such developments is estimated to further augment the growth in the market.
Despite several advantages associated with the use of industrial fryers, extravagant initial cost, high cost of installation, and high maintenance cost of these industrial cooking appliances is hindering the sales in the market.
In addition to this, implementation of stringent regulation regarding the carbon emission due to the use of petroleum derivatives such as gas and sifting customer inclination towards the use of electric industrial cooking appliances is hindering the sales of gas industrial fryers in the market.
Future Market Insights states that North America is anticipated to exhibit the fastest growth in the global industrial fryers market between 2022 and 2032.
Increasing consumption of on-to-go food products such as chips, crisps, finger fries, and others is encouraging food processing companies to expand their food production capacity to cater to the surging demand for aforementioned products.
Hence, numerous industrial players are aiming at expanding their production capacity. For instance, in 2021, FritoLay, an American fried food producing company, announced investing US$ 235 Mn to expand manufacturing and warehouse plant in Connecticut, the U.S. for increasing the production of its fried products.
As these food processing facilities are equipped with various cooking equipments including industrial fryers, such development is expected to bolster the sales in the market.
As per FMI, Asia Pacific excluding Japan is projected to emerge as a highly remunerative industrial fryers market over the forecast period 2022-2032.
With rising trend of industrial process automation and launch of numerous ready-to-eat industrial food processing start-ups, a significant surge in demand for industrial cooking equipment is being witnessed. Hence, leading players in the market are emphasizing on launching novel products for expanding their product portfolio.
For instance, JSM Industries, an Indian industrial cooking equipment manufacturer announced launching its new customizable automatic namkeen frying machine with 500 kg to 1000 kg capacity, 3phase power consumption, and SS 304 grade material. A multiplicity of such new product launches is anticipated to spur the sales of industrial fryers in the Asia Pacific excluding Japan market.
Some of the leading players in the global industrial fryers market are Hanrow Ltd., FER Inc., RVF Catering, JBT Corp., L.Lennard Pvt Ltd, GEA EasyFry, Techmate Insutries, Star Manufacturing, Nothum Food Processing Systems, Head and Control, Inc, and others.
Prominent players in the global market are aiming at launching high performance products and capacity expansion to gain edge in the highly competitive market.
| Report Attribute | Details |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Countries Covered |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
By Product Type:
By Capacity:
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FMI projects the global industrial fryers market to expand at a healthy value CAGR over the forecast period 2022-2032
The market for industrial fryers is dominated by North America, and this trend is projected to continue between 2022 and 2032.
Hanrow Ltd., FER Inc., RVF Catering, JBT Corp., L.Lennard Pvt Ltd, GEA EasyFry, Techmate Insutries, Star Manufacturing, Nothum Food Processing Systems, Head and Control, Inc., are some leading industrial fryers manufacturer.
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Industrial Fryers Market
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