Barbeque Grill Market Growth & Trends
The global barbeque grill market size is expected to reach USD 6.97 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.8% from 2024 to 2030.. The growing shift in lifestyles & eating habits and the rising popularity of grilled food owing to its nutritional benefits is expected to lead to the growth of the industry. The steadily increasing number of barbeque (BBQ) concept restaurants across the world is anticipated to boost product demand.
The consumers, especially the young generation, like to taste and experiment with new and unique food dishes. And most barbeque restaurants are increasingly offering live cooking, extensive buffet spread, vibrant atmosphere, and great music, which is expected to favor the growth of the barbeque grill over the forecast period. According to National Restaurant Association, there were over 1 million restaurant locations in the U.S. in 2020 and the industry revenue is projected to reach USD 899 billion in 2022.
Additionally, manufacturers are redoubling their efforts to capture market share by offering smaller, utilitarian items designed for outdoor purposes, which will help boost the adoption of these barbeque grills. For instance, the FireWire is a flexible skewer made of stainless-steel cable that enables users to prepare kabobs, fold them into a marinating bag, and place them directly onto the grill. In addition, products such as the Maverick GL-01 Fluorescent Stainless-Steel Light is a clip-on light that can be clipped onto the side tray of an outdoor grill are useful accessories for barbeque grills.
The market for barbeque grills is growing at a significant pace. Barbeque grill includes gas, electric, and charcoal-based for cooking in household and commercial kitchens. The growing awareness among individuals regarding different food/cuisine is likely to build a positive market scenario for barbeque grills. The increasing culture of house parties across western countries is triggering the usage of cooking appliances such as grillers and fryers and, therefore, consumers these days are increasingly installing various cooking appliances at their residences.
By product, the electric segment is expected to expand at the highest CAGR from 2021 to 2028. Economic electricity accessibility and rising concerns about eco-friendly appliances are drawing the attention of consumers toward technology-led food cooking appliances and thus consolidating the demand for electric barbeque grills. The appliance is safer than other counter products as it avoids gas leaks and fire accidents. Further, these come along with rotisserie attachments and non-stick grill plates giving them greater functionality. They can also be used instantly without any pre-heating leading to increased convenience. Growing adoption of these appliances can be attributed to their features such as hassle-free fire ignition, automatic temperature adjustment, and safe & smokeless operation, among others.
Commercial application of barbeque grills is estimated to be the largest category during the forecast period. Rapid construction in the commercial segment particularly the hospitality sector is expected to favor the growth of the barbeque grill industry. Increasing working performance in the hotel industry has resulted in a rise in hotel construction activities. Additionally, restaurants, food stations, food joints, and other public eateries are leveraging the growth prospects for the BBQ grill market.
North America is the largest regional market for barbeque grills and contributed a share of 57.4% in 2021. Americans love to have cookout outdoor parties and enjoy entertaining families and friends. People living in there prefer barbeque grilling at home for various festivals and celebrations. As per the report of the Hearth, Patio, and Barbeque Association (HPBA), nearly 75% of U.S. adults owns grills or a smoker to better serve the needs of barbeque grill enhancing the growth of the regional market.
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Barbeque Grill Market Report Highlights
- Based on product, the global BBQ grill market is segmented into gas, charcoal, and electric. Gas barbeque grill dominated the market with a share of 55.22% share in 2023. Gas is the most widely adopted product owing to its ability to run over different types of gases including propane, butane, and natural gases.
- In terms of application, the commercial segment dominated the global BBQ grill market while the household application is projected to grow at the fastest CAGR during the forecast period 2024 - 2030.
- Asia Pacific held a considerable market share in 2023 and is likely to grow at the highest pace over the forecast period. Growing demand for delicious cuisines, particularly from the younger generation in developing nations, and the growing hospitality industry including restaurants and hotels are driving the growth of the regional segment
Access Press Release@ https://www.grandviewresearch.com/press-release/global-barbeque-grill-market
Barbeque Grill Market Segmentation
Grand View Research has segmented the global Barbeque Grill market on the basis product, application, and region:
Barbeque Grill Product Outlook (Revenue, USD Million, 2018 - 2030)
- Gas
- Charcoal
- Electric
Barbeque Grill Application Outlook (Revenue, USD Million, 2018 - 2030)
- Household
- Commercial
Barbeque Grill Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Supermarkets & Hypermarkets
- Specialty Stores
- Online
- Others
Barbeque Grill Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- US.
- Canada
- Mexico
- Europe
- Germany
- UK
- Spain
- Italy
- France
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
List of Key Players of Barbeque Grill Market
- Newell Brand Inc.
- Spectrum Brands, Inc.
- The Middleby Corporation
- C. Bradley Co.
- Traeger Grills
- LANDMANN
- Weber-Stephen Products LLC
- Transform Holdco LLC
- Empire Comfort Systems
- RH Peterson Co.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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