According to a research report published by Spherical Insights & Consulting, the global barbecue grill market size was valued at USD 5.1 billion in 2023, and by 2033, the global barbecue grill market size is expected to reach USD 8.15 billion. I am. Targeted Companies: Newell Brand Inc., Spectrum Brands, Inc., The Middleby Corporation, WC Bradley Co., Traeger Grills, LANDMANN, Weber-Stephen Products LLC, Transform Holdco LLC, Empire Comfort Systems, RH Peterson Co., and other major companies. .
New York, USA, April 11, 2024 (Globe Newswire) — The global barbecue grill market size will grow from USD 5.1 billion in 2023 to USD 8.1 billion by 2033, at a compound annual growth rate (CAGR) of 4.8%. It is expected to grow to US$50 million. During the scheduled period.
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Barbecue grills grill food by applying heat directly from below. There are three types of grills: gas, charcoal, and electric. The growing trend of eating out on holidays and weekends is driving the market forward. Among other things, attractive features such as portable gas grills, heavy-duty grills, electronic ignition, LED light controls, and fuel valves are contributing to the growing customer base. Demand in this market is increasing due to availability, lower prices, and increased efficiency. The growing popularity of home cooking as a hobby and leisure activity is driving this market. These grills are becoming increasingly popular in fast food restaurants and non-vegetarian cafes. Rising awareness about the benefits of eating grilled food is driving the Barbecue Grill market forward. Grilled foods are lower in fat, retain nutrients, and can be used to cook lean meats. The thriving food and beverage industry in emerging economies is driving the sale of barbecue grills in restaurants, food stalls, roadside cafes, and hotels, thereby accelerating the market growth. Additionally, as availability increases, more people are experimenting with barbecue-style food. Barbecue grills are easy to customize and versatile, making them ideal for a variety of occasions, including home cooking, home parties, events, weddings, and more. However, low cooking volume and high maintenance costs are likely to limit the market growth during the forecast period.
Browse key industry insights across 200 pages, including the report's 115 market data tables and figures and charts. ”Global barbecue grill market Analysis and forecasts by type (gas, charcoal, electricity), by end user (residential, commercial), by region (North America, Europe, Asia Pacific, Latin America, Middle East, Africa), 2023-2033. ”
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Gas segment is expected to hold the largest share in the global BBQ grill market during the forecast period.
Based on type, the global barbecue grill market is segmented into gas, charcoal, and electric. Among these, the gas segment is expected to hold the largest share in the global BBQ grill market during the forecast period. Gas grills are constructed using either propane or natural gas. Well known for its quick ignition and accurate temperature adjustment, it is convenient and easy to operate. Customers who value the efficiency and convenience of outdoor cooking prefer gas grills.
Commercial segment is expected to account for a significant share in the Barbecue Grill market during the forecast period.
Based on end user, the global barbecue grill market is segmented into residential and commercial. Among these, the commercial segment is expected to hold the largest share in the global BBQ grill market during the forecast period. Restaurants, eateries, catering services, and other food establishments that require grilling equipment fall under the commercial segment. Many restaurants and food service establishments include grilled foods on their menus to give their customers more grilled options. Commercial grills are usually larger and have higher cooking capacity.
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North America is anticipated to hold the largest share in the global BBQ grill market over the forecast period.
North America is projected to hold the largest share in the global barbecue grill market during the forecast period. Consumers in countries such as the United States and Canada prefer barbecued food for special occasions. Barbecue grills are commonly used in these countries. A large consumer base in the United States and Canada enjoys barbecue on the weekends, especially in the summer. As a result, sales of home appliances, grilling accessories, fuel and stoves in these countries are expected to increase during the forecast period to meet the growing regional demand. Asia Pacific market is expected to grow at the fastest CAGR growth during the forecast period. Market growth has been driven by increasing street food consumption and popularity of barbecue grills in countries such as India, Japan, South Korea, Philippines, China, Macau, Hong Kong, Singapore, Malaysia, Thailand, Indonesia, and Taiwan .
Competitive analysis:
The report offers pertinent analysis of key organizations/companies involved in the global market along with comparative evaluation mainly based on product offerings, business overview, geographical presence, corporate strategies, segment market shares, and SWOT analysis. . The report also provides an in-depth analysis focusing on the company's current news and developments, including product development, innovation, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and more. This allows you to assess the overall competition within the market.
The key vendors in the global barbecue grills market are Newell Brand Inc., Spectrum Brands, Inc., The Middleby Corporation, WC Bradley Co., Traeger Grills, LANDMANN, Weber-Stephen Products LLC, Transform Holdco LLC, Empire Comfort Systems, RH This is Peterson. Co. etc.
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recent developments
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January 2023, Weber Inc. has launched a new LUMIN electric grill aimed at consumers with limited outdoor space and environmentally conscious preferences. The newly released product can reach temperatures of over 600°F/315°C in 15 minutes.
market segment
This study projects revenues at global, regional and country levels from 2020 to 2033. Spherical Insights segments the global Barbecue Grill market on the basis of the following segments:
Global Barbecue Grill Market, By Type
Global Barbecue Grill Market, By End User
Global BBQ Grill Market, Regional Analysis
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North America
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Europe
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Germany
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England
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France
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Italy
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Spain
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Russia
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rest of europe
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Asia Pacific
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China
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Japan
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India
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South Korea
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Australia
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Rest of Asia Pacific
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south america
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Brazil
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Argentina
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rest of south america
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middle east and africa
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