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.


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