Electric Grill Market to Grow with a CAGR of5.7% through 2028
Growing popularity of grilling and the convenience and
ease of use are factors driving the global electric grill market in the
forecast period 2024-2028.
According to TechSci Research report, “Electric
Grill Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Electric
Grill Market stood at USD4.56 billion in 2022 and is
anticipated to grow with a CAGR of 5.7% in the forecast period, 2024-2028. The
global electric grill market is experiencing significant growth as consumers
embrace convenient and eco-friendly outdoor cooking solutions. Electric grills
are gaining popularity due to their sustainability, with energy-efficient
designs and reduced environmental impact. Smart technology integration enhances
user control and convenience, while culinary versatility offers cooking options
ranging from grilling to smoking and baking. Compact and portable designs cater
to various living spaces, making electric grills accessible to urban dwellers.
The residential sector is witnessing rapid expansion, and online sales are
booming, thanks to the ease of e-commerce. North America leads this market
trend, driven by a strong grilling culture and eco-conscious consumer choices.
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One of the most significant factors driving the global
electric grill market is the growing awareness of environmental issues and the
need for more sustainable cooking methods. Unlike charcoal and gas grills,
electric grills produce no emissions, making them a cleaner and greener choice
for outdoor cooking. This environmentally friendly aspect has resonated with
consumers who are increasingly concerned about their carbon footprint.
Electric grills are energy-efficient, utilizing
electricity as a clean source of power. Manufacturers have also been proactive
in adopting sustainable practices, such as using recycled materials in grill
construction and reducing packaging waste. This emphasis on sustainability
aligns perfectly with the global shift towards eco-conscious consumption,
contributing to the electric grill market's robust growth.
The integration of advanced technology has transformed
electric grills from simple cooking appliances into sophisticated culinary
tools. Smart grilling technology is a notable trend in the market, with
electric grills becoming equipped with Wi-Fi or Bluetooth connectivity,
enabling users to control and monitor their grills remotely through dedicated
smartphone apps.
These apps offer features like temperature control,
timers, and real-time cooking status updates, ensuring precise and consistent
results. Users can also access a wealth of recipes and cooking tips, enhancing
their grilling experience. Voice-activated virtual assistants like Amazon's
Alexa and Google Assistant are also being integrated into electric grills,
allowing for hands-free control, further streamlining the grilling process.
The marriage of technology and grilling has not only
made cooking more convenient but has also added an element of entertainment to
the experience. Grilling enthusiasts can experiment with new recipes, share
their culinary creations on social media, and engage in online communities,
fostering a sense of community among grillers worldwide.
The global Electric Grill market is segmented into product,
application, sales channel, regional distribution, and company.
Based on product the market is segmented into electric
smokers, electric griddles.
Electric griddles are emerging as the fastest-growing
segment in the global electric grill market. These versatile kitchen appliances
are experiencing a surge in popularity due to their ability to cook a wide
range of foods, from pancakes and eggs to burgers and vegetables, with
precision and consistency. Electric griddles offer spacious cooking surfaces, even
heat distribution, and easy cleanup, making them a favorite for home cooks and
professional chefs alike. Their multifunctionality, user-friendly features, and
suitability for various culinary styles are driving this rapid growth, making
electric griddles a hot commodity in the ever-evolving landscape of electric
grilling.
Based on application the market is
further segmented into residential, commercial.
Based on sales channel the market is
segmented into hypermarkets/supermarkets, online, multi branded stores, and
others (direct sales, etc.).
Based on region the market is segmented
into five regions Asia Pacific, North America, Europe, Middle East & Africa,
and South America.
Major companies operating in Global Electric
Grill Market are:
- The Middleby Corp.
- Weber-Stephen Products LLC
- The Holland Grill Company Inc.
- The Coleman Company, Inc.
- Midea Group.
- Dimplex North America Limited
- RH Peterson Co.
- Taylor Company
- DeLonghi SpA
- Roller Grill International
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“The global electric grill market is experiencing a
sizzling surge in popularity. Eco-friendly innovations are driving sustainable
choices, with manufacturers focusing on energy efficiency and reduced
environmental impact. Smart grilling technology, featuring app-controlled and
voice-activated functionalities, is enhancing user convenience. Culinary
versatility is expanding as electric grills offer interchangeable plates and
accessories for diverse cooking styles. Compact and portable designs cater to
urban living, while the residential sector witnesses the fastest growth due to
space constraints and convenience. Online sales are skyrocketing as digital
platforms provide consumers with a wide array of choices and reviews. North
America dominates the market, driven by a longstanding barbecue culture,
eco-consciousness, and technological adoption.,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Electric Grill Market By
Product (Electric Smokers, Electric Griddles), By Application (Residential,
Commercial), By Sales Channel (Hypermarkets/Supermarkets, Online, Multi Branded
Stores, and Others (Direct Sales, etc.)), By
Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of global electric grill market and provides
statistics & information on market size, structure, and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global electric grill market.
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