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The electric grills market is currently experiencing several notable trends that reflect evolving consumer preferences and advancements in technology. One prominent trend is the growing demand for multifunctional electric grills that offer a range of cooking capabilities beyond traditional grilling. According to the National Kitchen & Bath Association (NKBA), a key trend is the surging demand for multifunctional electric grills. These modern grills are not just limited to grilling; they now include features like baking and roasting. Such versatility appeals to consumers looking for appliances that cater to diverse cooking styles and recipes. This evolution highlights a broader move towards all-encompassing kitchen solutions that prioritize convenience and functionality.
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.
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.
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.
Char-Broil, Cuisinart, Delonghi, George Foreman, Gotham Steel, Hamilton Beach, Kenmore among others.