The global small continuous fryer market size is expected to rise from USD 654.7 Million in 2023 to USD 1,007.0 Million by 2033, with overall sales exhibiting a CAGR of 4.4% throughout the forecast period. The rapid expansion of the HoReCa industry and increasing consumption of fried foods are some of the key factors driving demand for small continuous fryers worldwide.
Small continuous fryers are novel frying solutions that have gained immense popularity across the HoReCa and quick-service restaurant industries. These fryers offer features including small volume, space-saving, and low energy consumption, and are easy to use and clean. Thanks to these features, they have become suitable for large food stores, restaurants, central kitchens, and the small food industry.
Small continuous fryers produce top-quality fried foods with minimal oil consumption. They are widely used in the potato chips and French fries processing lines for quick and deep-frying. Rising usage of small continuous fryers for making potato chips, fried dough twists, French fries, doughnuts, and other fried foods and growing consumption of these products is expected to bolster the growth of the small continuous fryer market during the forecast period.
Similarly, the rapid expansion of the quick service restaurant industry across the globe along with growing demand for on-the-go fast foods is expected to fuel sales of small continuous fryers. Small continuous fryers are available in different sizes and capacities to cater to the needs of different customers.
The small continuous fryer market offers a huge opportunity for growth as it caters to the needs of both commercial and domestic customers. Increasing awareness about the benefits of these fryers, especially across emerging economies will further aid in the expansion of the global market during the forecast period.
Additionally, increasing sales through online distribution channels and advancements in small continuous fryers including the addition of temperature control features will elevate demand in the market.
Regionally, the Asia-Pacific region is projected to emerge as the fastest-growing small continuous fryer market owing to a rapidly growing population, rising disposable incomes, and expansion of the food processing industry.
Attribute | Key Statistics |
---|---|
Small Continuous Fryer Market Estimated Value (2023) | USD 654.7 Million |
Projected Market Value (2033) | USD 1,007.0 Million |
Value-based CAGR (2023 to 2033) | 4.4% |
Market Share of USA | 38.3% |
The global sales of small continuous fryers are projected to rise at 4.4% CAGR between 2023 and 2033, in comparison to the 4.1% CAGR registered during the historical period from 2018 to 2022.
The rising popularity of fast foods across the globe and the rapid expansion of the food service industry are some of the key factors providing impetus to the growth of the small continuous fryer market and the trend is likely to continue during the forecast period.
Small continuous fryers have become ideal frying solutions used across restaurants and food processing plants. These fryers consume less energy and are more efficient. They are being used for frying a wide range of fast foods.
Increasing consumption of fried fast foods across the world due to changing lifestyles and increasing disposable income is expected to boost the global small continuous fryer market during the forecast period.
Similarly, penetration of new entrants who are offering fryers with innovative designs is likely to elevate demand in the market during the next ten years.
A number of influential factors have been identified that are expected to spur growth in the global small continuous fryer market during the projection period (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can somehow influence small continuous fryer sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Increasing Consumption of Fast Foods Like French Fries Elevating Demand in the USA
According to FMI, the USA small continuous fryer market accounted for around 38.3% of the global market and it is expected to grow at a significant pace during the forecast period. Rising consumption of processed and ready-to-eat food products, an increasing number of fast food restaurants, and the availability of innovative products are some of the key factors driving the market for small continuous fryers in the USA
Over the years, changing lifestyles and eating habits have increased processed food consumption across the USA and the trend is expected to continue during the forecast period. People are consuming fried products like French fries and fried chicken on large scales to fulfill their appetites and nutritional requirements.
In fact, French fries have become a staple of many fast-food restaurants in the USA For instance, according to the USA Department of Agriculture (USDA), nearly 1/3 of the USA-grown potatoes become frozen French fries used mostly by food service. Rising consumption of these fast foods will continue to push demand for small continuous fryers in the country during the projection period.
Rapid Expansion of Food Service Industry Boosting Market in India
As per FMI, demand for small continuous fryers across India is expected to grow at a robust CAGR of 6.0% during the forecast period, making it one of the most lucrative markets across South Asia. This can be attributed to the rapidly rising population, people’s busy schedules, increasing consumer spending on fast foods, and rapid growth of the food service industry.
In India, small continuous fryers are being increasingly employed across most of the food stores, central kitchens, and restaurants with small output. The rise in the number of these end-use sectors is thus attracting various medium and small-sized companies to partake in the small continuous fryer industry. Major players are looking to establish their presence in the Indian market, with robust distribution channels to improve access to the local market.
Increasing Number of Quick Service Restaurants to Boost Sales in the UK Market
The UK's small continuous market is poised to exhibit a CAGR of 6.1% between 2023 and 2033, making it one of the fastest-developing markets. Growth in the UK market is driven by the rapid expansion of the quick-service restaurant industry (QSRs) and the increasing adoption of small continuous fryers in cafeterias, hotels, quick-service restaurants, and full-service restaurants.
Besides this, growing food tourism, the rising popularity of fast foods among consumers, advancements in fryer technology, and an increasing number of start-ups offering innovative fryers are expected to positively influence the sales of small continuous fryers in the country during the assessment period.
Energy-efficient and Easy to Use Nature of Gas-based Small Continuous Fryers Making Them Popular
Based on product type, the global small continuous fryer market is segmented into gas, steam, and others. Among these, FMI predicts the gas segment to generate lucrative revenues during the forecast period. This can be attributed to the rising adoption of gas-based small continuous fryers across restaurants, food processing plants, and several other end-user sectors. Competitive Landscape
Key players in the market are investing a large amount in innovation and technology to meet the demands of end-users. They are also providing customized solutions to customers. Besides this, they employ strategies such as partnerships, mergers, acquisitions, collaborations, facility expansions, extensive marketing campaigns, and facility expansions to expand their global presence. For instance,
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 654.7 Million |
Projected Market Size (2023) | USD 1,007.0 Million |
Anticipated Growth Rate (2023 to 2033) | 4.4% CAGR |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered | Product Type, Application, Distribution Channel, Region |
Key Companies Profiled | EMA Europe; Tecnofryer; SunMax; TJF; Pacific; Heat and Control; M.Serra, FMT; PSG Dallas; Nilma; Schomaker Convenience Technik; Tna; Kalyan Machines; Ding Han Machinery; Zhengzhou Longer Machinery; Huaxing Machinery |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The global small continuous fryer market size is expected to reach USD 654.7 Million in 2023.
As per FMI, the worldwide small continuous fryer market is anticipated to expand at a CAGR of 4.4% during the forecast period.
The global small continuous fryer market is projected to surpass a valuation of USD 1007.4 Million by 2033.
North America is expected to account for 38% of the global market during the assessment period.
The USA, China, Canada, Germany, and Mexico are the major countries driving demand for small continuous fryers.
The overall market for small continuous fryers in China is projected to grow at a CAGR of 5.7% during the forecast period.
The UK's small continuous fryer market is projected to grow at 6.1% CAGR through 2033.
The market for small continuous fryers in India is likely to grow at a CAGR of 6.0% over the next ten years.
Demand for small continuous fryers in Japan is expected to grow at 5.0% CAGR in 2023 & beyond.
Demand for small continuous fryers in Australia is expected to rise at 2.6% CAGR through 2033.
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