Begin by ensuring all ingredients are at room temperature.
Rinse and peel the zucchini, then divide it lengthwise into three strips and slice across into bite-sized chunks, approximately ½ inch thick.
Blot the zucchini pieces thoroughly using paper towels to remove any residual moisture.
Portion the bacon slices into thirds.
In a separate bowl, blend together chili powder, cumin, garlic powder, onion powder, oregano, salt, and pepper until evenly mixed.
Transfer the zucchini segments into another bowl and evenly distribute the spice mixture over them, tossing gently to ensure uniform coverage.
Wrap each zucchini piece with a bacon strip and secure with a toothpick if needed. Continue the process for all pieces.
Preheat the air fryer to 400°F.
Arrange the bacon-wrapped zucchini in a single layer within the air fryer basket, keeping space between each piece. Position the ends of the bacon downward to help prevent them from unraveling. Remove any toothpicks if desired.
Cook in the air fryer for 10 to 15 minutes, or until the bacon achieves a crispy, golden hue and the zucchini becomes tender.
Allow to cool slightly prior to serving. These can be enjoyed on their own or accompanied by a dipping sauce of your choice for added flavor.