With the emergence and long-term Impact of COVID-19, Global Electric Grill Market to reach USD 6.75 billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Electric Grill Market points towards a potential rise to USD 6.75 billion by 2030. Electric Grill is a food-grilling electronic device. Using an electric element, this device provides constant heat. The electric grilling also be used indoors as an alternative to outside grilling. The rising preference of consumers to grill meals at home reflects the high demand for electric grills.
As a result, utilizing an indoor grill for purposes other than smoking would lead to an upsurge in the demand for the product. It is a low-cost, versatile piece of equipment that is suitable for small-scale cooking. With the increasing number of events such as parties, camping, and social gatherings, as well as customer demand for grill food products and barbeque, the market for electric grills likely grow significantly all over the forecast period.
Geographically, global Electric Grill market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Asia Pacific dominated the market in 2022 owing to the rise in street food consumption and investments in barbeque items in important economies such as China and India. According to the USDA in 2020, rising demand in the food sector, brought in USD 3755 billion in 2020 and is projected to reach USD 5500 billion by 2027. North America is expected to grow significantly during the forecast period, owing to growing millennial and teen interest in recreational cooking. Additionally, people’s preferences for grilled meat and vegetables in their diet have increased, which promotes use of electric grills.
The global Electric Grill market is highly competitive owing to the presence of several key manufacturers such as The Zojirushi Corporation, The Holland Grill Company, Roller Grill International SA, Fire Magic the Middle by Corporation, Char-Broil LLC, De’Longhi S.p.A Dimplex North America Limited, Taylor Company, Weber-Stephen Products LLC, and others.
For further analysis on this or to request a sample copy of this report, please click the link mentioned below:
Key findings of the study suggest:
- Global Electric Grill Market is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2023-2030.
- In Application segment, Commercial emerged out as the leading market segment in 2023.
- Asia Pacific is anticipated to drive regional growth owing to rise in street food consumption and investments in barbeque items in the region.
- Asia Pacific is also expected to grow at higher rate during 2023-2030 owing to growing millennial and teen interest in recreational cooking in the region.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Griddle
- Smoker
By Use Location:
- Indoor
- Outdoor
By Application:
- Residential
- Commercial
By Distribution Channel:
- Hypermarket
- Electronic Stores
- Online Retailers
- Direct Sales
- Other Sales Channels
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com
About Us
Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
Contact US
Global Business Development
Phone: +1 209 498-3066
Email: Sales@bizwitresearch.com
Website: www.bizwitresearch.com
