Outdoor Cooking Is The Fastest Growing Segment Fueling The Growth Of Electric Grill Market

https://www.coherentmarketinsights.com/industry-reports/electric-grill-market
Electric Grill Market 



Electric grills offer hassle-free grilling options and provide the advantage of indoor grilling without producing smoke. They help cook different meats and vegetables conveniently and contribute to the growth in demand for grilling appliances.

The global Electric Grill Market is estimated to be valued at US$ 4.53 Bn in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends fueling the growth of the electric grill market is growing demand for convenience grills. Consumers prefer electric grills as they are easy to use, clean and maintain as compared to charcoal or gas grills. Indoor electric grills have emerged as a popular choice for small spaces and apartments where use of gas or charcoal grills is not feasible. Thus, demand for convenient, easy, and easy-to-clean electric grills from both commercial and residential sectors is expected to drive the market growth over the forecast period. Rising health awareness and preference for outdoor cooking is further augmenting the demand for electric grills worldwide.

Segment Analysis

The electric grill market is segmented by product, end user, distribution channel, and geography. Based on product, the charcoal grills segment accounted for the largest share in the market in 2022. Charcoal grills are dominating the market as they provide the taste of traditional charcoal grilling without the mess and hassle of managing coals.

Key Takeaways

The global Electric Grill Market Share is expected to witness high growth, exhibiting a CAGR of 7.9% over the forecast period, due to increasing preference for convenience cooking.

Regional analysis
North America dominated the electric grill market in 2022 and is expected to continue its dominance over the forecast period. The growth in North America can be attributed to the increasing popularity of outdoor cooking and grilling.

Key players analysis
Key players operating in the electric grill market are Weber, Coleman, George Foreman, Traeger, Masterbuilt, Green Mountain Grills, Char-Broil, Kenyon, Camp Chef, Blackstone, Hamilton Beach, TEC, Excelvan, Zojirushi, Delonghi, Brentwood, Fuego, PowerXL, Elite Platinum, Cuisinart. Weber is currently dominating the market owing to its wide product portfolio and strong distribution network across countries.


Comments

Post a Comment

Popular posts from this blog

Agricultural Micronutrients Market Growth Accelerated By Increasing Need For Improved Soil Fertility

Image
Agricultural Micronutrients Market Agricultural micronutrients are essential plant nutrients required in small quantities for healthy plant growth and development. Micronutrients such as iron, zinc, manganese, molybdenum, and boron play vital roles in various metabolic functions of crops such as photosynthesis, nitrogen fixation, and enzyme activity. The increasing need to boost crop yields and improve soil fertility has raised the demand for micronutrient fertilizers globally. The growing population and reducing arable land have fueled the need for sustainable agricultural practices, propelling the micronutrients market. The global Agricultural Micronutrients Market is estimated to be valued at US$ 5.19 Bn in 2024 and is expected to exhibit a CAGR of 27.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of precision farming and digital technologies in the agriculture sector is...
Read more

Dairy Alternative Market Expected To Reach USD 26.01 Billion By 2023

Image
Dairy Alternative Market Market Overview: Dairy alternative products are gaining significant popularity due to their numerous advantages. These products are plant-based, making them suitable for individuals with lactose intolerance or those following a vegan diet. They offer similar nutritional benefits as traditional dairy products such as milk, cheese, and yogurt, while also addressing concerns related to animal welfare and environmental sustainability. The growing demand for dairy alternative products among health-conscious consumers is driving market growth. Market Key Trends: One key trend observed in the dairy alternative market is the increasing preference for plant-based milk substitutes. Plant-based milk alternatives such as almond milk, soy milk, and oat milk, among others, are gaining traction among consumers as a healthier and more sustainable option compared to traditional dairy milk. These plant-based milk alternatives offer various benefits such as being lactose-free, c...
Read more

Antimicrobial Additives Market Growth Accelerated By Rising Demand From End-Use Industries

Image
Antimicrobial Additives Market Antimicrobial additives are extensively used in a wide range of end-use industries such as healthcare, packaging, food and beverage, construction, and automotive. These additives help protect various materials from microorganisms such as bacteria, viruses, etc. Some key applications of antimicrobial additives include packaging of food, medical devices, fabrics, flooring, coatings, etc. The ongoing COVID-19 pandemic has further increased the importance of hygiene and sanitation, driving demand for antimicrobial materials from various sectors. The global Antimicrobial Additives Market is estimated to be valued at US$ 3.47 Bn in 2024 and is expected to exhibit a CAGR of 25.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key drivers of the market's growth is the rising demand for antimicrobial additives from the packaging industry. Packaging manufacturers ...
Read more