Electric Grill Market Industry Analysis and Forecast | Taiwan News
Market Overview: The global electric grill market was valued at around $4.40 billion in 2022 and is expected to witness a healthy growth rate of over 5.5%. during the forecast period of 2023 to 2030. An electric grill is a device used for grilling food, which operates using an electric element to provide constant heat. Unlike traditional outdoor grills, electric grills can be used indoors, making them a versatile and inexpensive option for small-scale cooking. Growing consumer preference for grilled meals at home, coupled with an increasing number of events and social gatherings, is expected to drive significant market growth.
Read the market summary here: -https://reportocean.com/industry-verticals/sample-request?report_id=bw7746
Market Factors:
- Consumer preferences: The growing trend of consumers preferring to grill their meals at home has led to a high demand for electric grills.
- Versatility and cost: Electric grills are known for their versatility and cost-effectiveness, suitable for both small-scale cooking and indoor use.
- Social gatherings: The increasing frequency of parties, camping trips and other social events, along with the growing demand for grills and barbecues, are propelling the market growth.
Market Challenges:
- Temperature limits: A significant limitation is that electric grills often cannot reach the high temperatures that traditional grills can, which may stifle market growth.
Opportunities:
- Technological advances: Major industry players are investing heavily in technological advancements to improve the functionality and convenience of electric grills.
- Research and development: Increasing investments in R&D and growing awareness of the benefits of electric grills provide lucrative opportunities for market expansion.
Request to download a free sample of this strategic report @-https://reportocean.com/industry-verticals/sample-request?report_id=bw7746
Regional overviews:
- Asia Pacific: It dominated the market in 2022 due to increasing street food consumption and investments in barbecue items, especially in economies like China and India. According to the USDA, demand in the food sector was $3.755 billion in 2020 and is expected to reach $5.5 trillion by 2027.
- North America: This trend is expected to grow significantly over the forecast period, driven by growing interest in recreational cooking among millennials and adolescents, as well as a preference for grilling in diets.
Key market players:
- The Zojirushi Company
- The Holland Grill Company
- Roller Grill International SA
- Fire Magic
- The Middleby Company
- Char-Broil LLC
- De’Longhi SpA
- Dimplex North America Limited
- Taylor Company
- Weber-Stephen Products LLC
Get Free Sample PDF Copy of Report @-https://reportocean.com/industry-verticals/sample-request?report_id=bw7746
Recent DEVELOPMENTS:
- January 2022: Weber Inc. introduced three new additions to its grilling lineup: the GENESIS 2022 Smart Gas Grill, the SMOKEFIRE 2022 Wood Pellet Grill in the STEALTH Edition, and the WEBER CRAFTED Outdoor Kitchen Collection, all featuring advanced technology Advanced intelligent and superior quality materials.
Market segmentation :
- By type:
- By location of use:
- By application:
- By distribution channel:
- Hypermarket
- Electronic stores
- Online retailers
- Direct sales
- Other sales channels
For in-depth analysis, you can view sample copy of report @-https://reportocean.com/industry-verticals/sample-request?report_id=bw7746
Regional segmentation:
- North America: United States, Canada
- Europe: United Kingdom, Germany, France, Spain, Italy, Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, rest of Asia-Pacific region
- Latin America: Brazil, Mexico
- Middle East and Africa: Saudi Arabia, South Africa, rest of the Middle East and Africa
Scope of the report:
- Historical data: 2020 – 2021
- Base year for estimation: 2022
- Forecast period: 2023-2030
- Report cover: Revenue Forecasts, Business Rankings, Competitive Landscape, Growth Factors and Trends.
The study aims to define the market sizes for different segments and regions and forecast the values ​​for the coming years. It includes both qualitative and quantitative aspects of the industry, highlighting key driving factors, challenges and potential opportunities for stakeholders.
Download Sample Report, SPECIAL OFFER (Get up to 30% discount on this report) @-https://reportocean.com/industry-verticals/sample-request?report_id=bw7746
These answers will work as a comprehensive review of:
- Current market infrastructures
- Market Opportunities and Challenges
- A plausible future for an increase in certain industries
- Key geographic and market segments to target, as well as target end-user organizations and their viable operational volumes.
- Representative and probability distribution of the price chain
- Market size and price soaring during the forecast period.
- Important market usage forces
- The main characteristics of the market hinder its expansion.
- Obstacles to market expansion.
- The best traders on the market.
- In-depth SWOT analysis
- Threats and opportunities faced with the help of modern carriers in the global market.
- Trending items affecting markets in many regions.
- Initiatives with a strategic focus on key suppliers.
- PEST discover the five essential market regions.
Access full report description, table of contents, table of figures, chart, etc. – https://reportocean.com/industry-verticals/sample-request?report_id=bw7746
About Report Ocean:
We are the best market research report provider in the industry. Report Ocean believes in providing quality reporting to its clients to achieve top and bottom line goals, which will increase your market share in today’s competitive environment. Report Ocean is a “one stop solution” for individuals, organizations and industries seeking innovative market research reports.
Contact us:
Ocean Report:
E-mail:(email protected)
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES Tel. : +1 888 212 3539 (United States – TOLL FREE)
Website: https://www.reportocean.com/
Related Posts
-
Genesis BBQ President Shares K-Chicken Business Stories at AIB Conference
No Comments | Jul 5, 2024 -
Big Grill Energy Takes Over Summer with an Energizing Barbecue Sauce Inspired by 5-Hour ENERGY®
No Comments | Jun 27, 2024 -
The Secrets of the Best Grilled Chicken
No Comments | Jul 29, 2024 -
Restaurant Roundup: Say Hello to Summer with Hawaiian BBQ | Restaurant Reviews
No Comments | Jun 13, 2024