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PUBLISHER: SkyQuest | PRODUCT CODE: 1614834

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PUBLISHER: SkyQuest | PRODUCT CODE: 1614834

Electric Grill Market Size, Share, Growth Analysis, By Product (Electric Smokers, Electric Gridles), By Distribution Channel (Online, Offline), By End-Use (Residential, Commercial), By Region - Industry Forecast 2024-2031

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Global Electric Grill Market size was valued at USD 4.2 billion in 2022 and is poised to grow from USD 4.56 billion in 2023 to USD 8.13 billion by 2031, growing at a CAGR of 7.5% during the forecast period (2024-2031).

As consumer demand for convenient, tasty grilling experiences rises, manufacturers of smart kitchen gadgets are responding with innovative electric grills that eliminate smoke and charcoal use. While traditional charcoal and gas grills remain popular, electric grills are gaining traction due to their indoor usability and ease of operation, catering to households where outdoor grilling isn't feasible. The growing trend towards home-cooked grilled meals is driving increased adoption of both indoor and outdoor electric grill models. With no need for gas tanks or charcoal, these grills are becoming favored options, particularly in regions with fluctuating weather. As a result, the electric grill market in the U.S. is expected to experience robust growth, supported by a sustainable CAGR in the upcoming forecast period.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Electric Grill market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Electric Grill Market Segmental Analysis

Global Electric Grill Market is segmented by Product, by Distribution Channel, by End Use and by Region. Based on Product, the market is segmented into Electric Smokers, Electric Gridles. Based on Distribution Channel, the market is segmented into Online, Offline. Based on End Use, the market is segmented into Residential, Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Electric Grill Market

The global electric grill market is experiencing robust growth fueled by several compelling factors. One critical driver is the unique advantages offered by electric grills, including their capability for indoor use and smoke-free operation, which appeal to many consumers. Additionally, evolving lifestyles, improved living standards, and increased disposable incomes contribute to a heightened demand for nutritious, homemade grilled dishes. The influence of cooking shows also inspires individuals to explore innovative culinary experiences, further boosting electric grill sales. With a growing emphasis on healthy eating, research and development investments, and strategic marketing efforts, the market is well-positioned for continued expansion as consumers increasingly favor convenient and health-conscious grilling solutions.

Restraints in the Global Electric Grill Market

The Global Electric Grill market faces several restraints that hinder its growth. While electric grills offer the convenience of quick heating compared to traditional charcoal grills, they fall short in achieving the high temperatures necessary for effectively cooking various meat products. This limitation arises from the heating coils, which have a maximum resistance; exceeding this threshold risks damaging the appliance. Furthermore, the compact size of electric grills poses a significant drawback, as they can only prepare meat in smaller batches, making the grilling process more time-consuming and less efficient for users who require larger quantities. These factors collectively restrict the market potential for electric grills.

Market Trends of the Global Electric Grill Market

The global electric grill market is witnessing a notable trend driven by the increasing popularity of cookouts and outdoor dining experiences. As grilled food transitions from occasional indulgence to a staple in fast-food culture across various nations, electric grills have become essential for enthusiasts seeking convenient cooking options. In regions like the United States and Canada, barbeque cuisine has gained traction during festive gatherings and national holidays, notably during summer weekends. Furthermore, the rising enthusiasm for outdoor activities, such as camping and hiking, has bolstered the demand for electric grills as consumers prioritize ease of use and versatility, fueling market growth.

Product Code: SQMIG25H2008

Table of Contents

Introduction

  • Objectives of the Study
  • Scope of the Report
  • Definitions

Research Methodology

  • Information Procurement
  • Secondary & Primary Data Methods
  • Market Size Estimation
  • Market Assumptions & Limitations

Executive Summary

  • Global Market Outlook
  • Supply & Demand Trend Analysis
  • Segmental Opportunity Analysis

Market Dynamics & Outlook

  • Market Overview
  • Market Size
  • Market Dynamics
    • Driver & Opportunities
    • Restraints & Challenges
  • Porters Analysis & Impact
    • Competitive rivalry
    • Threat of substitute
    • Bargaining power of buyers
    • Threat of new entrants
    • Bargaining power of suppliers

Key Market Insights

  • Key Success Factors
  • Degree of Competition
  • Top Investment Pockets
  • Market Ecosystem
  • Market Attractiveness Index, 2023
  • PESTEL Analysis
  • Macro-Economic Indicators
  • Value Chain Analysis
  • Pricing Analysis
  • Technological Advancement
  • Regulatory Landscape
  • Case Studies

Global Electric Grill Market Size by Product & CAGR (2024-2031)

  • Electric Smokers
  • Electric Gridles

Global Electric Grill Market Size by Distribution Channel & CAGR (2024-2031)

  • Online
  • Offline

Global Electric Grill Market Size by End Use & CAGR (2024-2031)

  • Residential
  • Commercial

Global Electric Grill Market Size by Region & CAGR (2024-2031)

  • North America (by Product, by Distribution Channel, by End Use)
    • US
    • Canada
  • Europe (by Product, by Distribution Channel, by End Use)
    • UK
    • Germany
    • Spain
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific (by Product, by Distribution Channel, by End Use)
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America (by Product, by Distribution Channel, by End Use)
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (by Product, by Distribution Channel, by End Use)
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Competitive Intelligence

  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2023
  • Strategies Adopted by Key Market Players
  • Recent Developments in the Market
  • Company Market Share Analysis, 2023
  • Company Profiles of All Key Players
    • Company Details
    • Product Portfolio Analysis
    • Company's Segmental Share Analysis
    • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

  • The Middleby Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Char-Broil LLC,
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Taylor Commercial Foodservice, LLC
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • ROLLER GrillL
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Zojirushi America Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • FIRE MAGIC
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Glen Dimplex Americas
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • De' Longhi Appliances
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Black+Decker
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Breville USA
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Cuisinart
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Groupe SEB
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Hamilton Beach Brands Holding Company
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Kenyon
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • RH Peterson Co.
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments

Conclusion & Recommendation

Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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