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Electric Grill Market Size

Report ID: GMI4932 Published Date: August 2024Report Format: PDF
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Electric Grill Market Size

Electric Grill Market size was valued at USD 4 billion in 2023 and is anticipated to register a CAGR of 5.2% between 2024 and 2032. Several key factors have driven notable growth in the electric grills market. According to the National Restaurant Association, the rising demand for convenient and efficient cooking solutions has significantly boosted the popularity of electric grills.

 

Electric Grill Market

Consumers increasingly favor appliances that are easy to use, offer quick cooking times, and require minimal cleanup. Innovations such as adjustable temperature controls, non-stick surfaces, and even heat distribution have further solidified electric grills as staples in modern kitchens.

The market's expansion is also fuelled by a heightened focus on health and wellness. The U.S. Department of Agriculture (USDA) reports that electric grills enable healthier meal preparation by minimizing added fats and oils, resonating with the growing consumer shift towards low-fat cooking. Their versatility, highlighted by features like removable plates for easy cleaning and the capability to grill diverse foods, has spurred adoption in both residential and commercial arenas. With a continued embrace of healthier lifestyles and a quest for efficient cooking solutions, the electric grills market is poised for further growth.

A notable challenge facing the electric grills market is the strong competition from traditional grilling methods, such as gas and charcoal grills. These methods are preferred by many for their distinctive Flavors and cooking techniques. As these grilling methods are deeply embedded in culinary traditions, many consumers view them as superior for outdoor cooking, which can constrain the market share of electric grills. Additionally, the higher initial cost of electric grills compared to some conventional grilling options presents another significant challenge. Despite their convenience and advanced features, the upfront expense associated with electric grills may deter budget-conscious consumers. The perceived value and performance of traditional grilling methods may further influence purchasing decisions, posing a barrier to the widespread adoption of electric grills.

Author: Avinash Singh,
Frequently Asked Question(FAQ) :

Why is the demand for portable electric grill rising?+

The portable electric grill segment generated a revenue exceeding USD 2.2 billion in 2023 and is expected to reach USD 3.5 billion by 2032, as outdoor and recreational activities like camping and tailgating gain popularity.

How much is the electric grill industry worth? +

The electric grill market was valued at USD 4 billion in 2023 and is anticipated to register 5.2% CAGR between 2024 & 2032, driven by the rising demand for convenient and efficient cooking solutions.

Why is the electric grill industry growing rapidly in Europe?+

Europe electric grill market generated a substantial revenue of USD 1.2 billion in 2023 and is expected to reach USD 1.8 billion by 2032, driven by rising preference for convenience and innovative cooking solutions.

Who are the major electric grill industry players?+

Char-Broil, Cuisinart, Delonghi, George Foreman, Gotham Steel, Hamilton Beach, Kenmore among others.

Electric Grill Market Scope

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