The global air fryer market is projected to reach $1.89 billion by 2032, growing from $1.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%. Key drivers include health awareness, demand for convenient cooking, preference for home-cooked meals, and smart technology integration. Automatic air fryers and models with up to 4-liter capacity are expected to dominate, with significant growth anticipated in the residential segment and online sales channels.
North America holds the largest market share in 2025, while Asia-Pacific is expected to see the highest growth rate. Recent innovations include smart air fryers with advanced functions and multifunctional capabilities. Challenges include competition and price sensitivity, but opportunities exist in smart home integration and expanding appliance capabilities.