The Electric Grills Market is likely to hold the global market at a moderate CAGR of 5.5% during the forecast period. The global market holds a forecasted revenue of US$ 4.4 Billion in 2022 and is likely to cross US$ 7.17 Billion by the end of 2032.
The electric grills market is anticipated to show promising growth prospects during the forecast period, expanding the global electric grills market size.
| Attribute | Details |
|---|---|
| The Electric Grills Market Estimated Size (2021) | US$ 4.2 Billion |
| The Electric Grills Market Estimated Size (2022) | US$ 4.4 Billion |
| The Electric Grills Market Projected Size (2032) | US$ 7.17 Billion |
| The Electric Grills Market CAGR (2022 to 2032) | 5.5% |
It is not surprising that people want scrumptious meals to complement the surroundings when outdoor leisure activities like camping, hiking, meetings, parties, and social events are becoming more common. At such events, food is the most common factor bring people together.
Grilled foods are becoming increasingly popular as a result, which is driving up the demand for electric grill ownership globally. Based on this trend, producers of culinary goods have recently increased their production capacity in order to release cutting-edge and well-built electric drills.
Additionally, people are choosing electric barbecues over charcoal ones due to growing environmental sustainability concerns. Indoor use of electric grills is also possible.
People are starting to see cooking as a hobby and past time to relax. Many employees working are using cooking as a recreational activity. This population cooks for fun and try new recipes and enjoys the process. Weekend cooking programs are the most common for these people. To cook food outside in the backyard with friends and family, these people are using electric griddles and grills. Also, during outdoor activities such as camping, battery-operated electrical grills are very useful. Electrical griddles provide an evenly heated surface, making cooking easier and helping cook the food evenly. These electric devices have the option to precisely change and maintain temperature, making them safe to use. Along with griddles and grills, electric smokers are gaining popularity, as they do not include the use of combustible gases and can be used indoors, like in apartments. The innovative designs and technology used in these electric grills are driving the market.
The electric grills are useful for a quick grilling session. The electric grills use heating coils and surfaces, which heat up quickly compared to the traditional charcoal grills. But one major drawback of these grills is that they cannot reach high temperatures as traditional grills. The electric grills have limits as the resistance of coils used for heating is limited, and if exceeded, it may blast or melt. The meat products need high temperatures to cook properly. Small sizes of electric grills are other drawbacks affecting its market. As these electric grills have small sizes, they cannot cook bigger portions and have to cook meat in batches, which may be inconvenient and time-consuming.
COVID-19 also affected the sales of these electric grills, as the world was under lockdown and all industries were closed. People were not able to leave the house. Main users of electric grills as street vendors were also inactive, adversely affecting the market. But as the COVID pandemic is over, people are starting to get back to normal life, somewhat aiding the market.
North American and European Countries are observing increased sales of electric grills. The main reason for these sales is trending cooking habits and changing lifestyles. People from these regions have higher incomes and tend to spend money on recreational activities and leisure. Arranging grill parties and get together on weekends and cooking food with family and friends is a popular events in these countries. These facts are aiding sell of electric grills in the Northern American region.
Asia Pacific countries are developing countries and have a popular and vast street food culture. The main consumers of electric grills in these countries are street food vendors, food truck owners, and restaurants. Countries like China and Japan have meat and meat products as the main part of their diet. The vendors use electric grills as they are safe to use and do not make a mess. Domestic use of Grills is limited, but there are certain forms of these grills found in households too, mainly hotpots and flat-top grills.
Some key players in the Electric Grills market are Breville, DeLonghi SpA, Taylor Company, The Coleman Company Ltd., Midea Group, RH Peterson Co., Dimplex North America Ltd., The Middleby Corp., Roller Grill International S.A, Char Broil LLC, Koninklijke Philips N.V, Weber-Stephen Products LLC, and others.
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.5% from 2022 to 2032 |
| The base year for estimation | 2021 |
| Historical Data Available for | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative units | Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
| Segments Covered | Type, Use Location, Application, Distribution Channel, Region |
| Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, India, Thailand, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), South Africa |
| Key Companies Profiled | Breville; DeLonghi SpA; Taylor Company Corp.; The Coleman Company Ltd; Midea Group.; RH Peterson Co; Dimplex North America Ltd.;The Middleby; Roller Grill International S.A; Char Broil LLC; Koninklijke Philips N.V; Weber-Stephen Products LLC; Others |
| Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The Electric Grills market is expected to reach a valuation of US$ 4.4 Billion in 2022.
Trending cooking get-togethers, changing lifestyles,s and the increasing popularity of cooking as a pastime are some trends for increasing the electrical grills. In some countries, street food culture and restaurants are driving trends for the electrical grills market.
Leading players operating in the Electric Grills market are Breville, DeLonghi SpA, Taylor Company, The Coleman Company Ltd., Midea Group, RH Peterson Co., Dimplex North America Ltd., The Middleby Corp., Roller Grill International S.A, Char Broil LLC, Koninklijke Philips N.V, Weber-Stephen Products LLC and among others.
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