The Global Electric Grill Market Is Forecast To Surpass USD 4,283 Million By 2032, Growing At A CAGR Of 7.3% During 2022-2032

Electric grills are expected to see increased demand in the near future in view of their versatility for indoor use and energy-efficient attributes. That is set to have a huge effect on the future growth of residential electric grill industry. In the forecast timeframe, millennials will become the largest residential electric grill utilizers globally. However, the millennial population covers a majority of the share in developed regions, such as North America and Europe.

Consumers are searching for lightweight alternatives in items of all sorts, and cooking appliances are no exception. Such factors are expected to give impetus growth to the electric grill market over the forecast period (2022-2032).

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:https://www.factmr.com/connectus/sample?flag=S&rep_id=781

𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗖𝗼𝗻𝘃𝗲𝗻𝗶𝗲𝗻𝗰𝗲 𝗙𝘂𝗲𝗹𝗶𝗻𝗴 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗚𝗿𝗶𝗹𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁

Integration of technology into cooking appliances has led toward the development of innovative cooking products, which are in line with consumer demand for convenience and saves their energy and time.
Smart cooking grills are in high demand worldwide, with Bluetooth and Wi-Fi-enabled electric grills gaining the center stage among affluent consumers. Connected electric grills, such as Weber's line of Grills, that feature Bluetooth connectivity have witnessed a rise in momentum as they facilitate instant and remote monitoring of grilling activities.
However, high cost of electric grills have confined their penetration to high-income consumers. Manufacturers such as Weber are therefore taking development efforts toward production of cost-effective connected electric grills, in a bid to tap the potential of developing markets.

𝗛𝗼𝘄 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗪𝗶𝘁𝗻𝗲𝘀𝘀 𝗛𝗶𝗴𝗵 𝗗𝗲𝗺𝗮𝗻𝗱 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗪𝗵𝗶𝗹𝗲 𝗣𝗿𝗼𝘀𝗽𝗲𝗰𝘁𝘀 𝗶𝗻 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗥𝗲𝗺𝗮𝗶𝗻 𝗢𝗽𝘁𝗶𝗺𝗶𝘀𝘁𝗶𝗰?

The North America electric grill market is expected to provide maximum absolute $ opportunity to its manufacturers comprehended by the availability of strong supply chain networks of electric grill manufacturers in this region.
Presently, North America has been the market leader in the global residential electric grill market by holding a share of more than 30% in 2021. Barbecuing and grilling lifestyle in American countries is now not solely considered as a recreational practice instead it became an integral part of consumer's lifestyle over there.
Moreover, enthusiasm for spicy food is suggesting a bright future for the grilling & barbecue industry and residential electric grills in general.
According to a consumer survey by HPBA (Hearth, Patio and Barbecue Association), more than one-third of customers in North America are looking to purchase new grills, with residential electric grills accounting for approximately 10% of the overall sales.
The Latin America electric grill market is projected to grow rapidly at 7.5% CAGR with the growing popularity of stay-at-home cooking and grilling.

𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆-𝘄𝗶𝘀𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
𝗪𝗵𝗶𝗰𝗵 𝗘𝗻𝗱 𝗨𝘀𝗲 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗚𝗿𝗼𝘄 𝗙𝗮𝘀𝘁𝗲𝘀𝘁 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗣𝗲𝗿𝗶𝗼𝗱 𝗶𝗻 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗚𝗿𝗶𝗹𝗹 𝗠𝗮𝗿𝗸𝗲𝘁?

The use of electric grill for residential use is projected to be the fastest growing segment with CARG of 7.1% during the forecast period of 2022-2032 which held a market share of over 32% in the end-use category in 2021.
Customer lifestyle trends in developed economies are gradually leading to high adoption of indoor residential electric grills. When exiled to a single location where gas and charcoal are not permitted to be used, electricity is the last resort for consumers who are looking to savor grilled food. Thus it is anticipated to gain 440 BPS during the assessment period of 2022-2032.
A significant portion of electric grill production in the past, however, has low-voltage features that impart low power and do not completely meet grilling requirements. Comprehending the aforementioned factors, electric grills in household use is projected to generate around ~36.4% market valuation for electric grills by 2032 end and is forecast to surpass market value of USD 843 Million during the same.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:https://www.factmr.com/connectus/sample?flag=RC&rep_id=781

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: 𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗚𝗿𝗶𝗹𝗹 𝗠𝗮𝗿𝗸𝗲𝘁

The global electric grill market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced electric grill.
Fact.MR has provided detailed information about price points of top manufacturers of electric grill market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

𝗞𝗲𝘆 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱:
• Weber-Stephen Products Llc.
• The Middleby Corp.
• Char-Broil Llc.
• Taylor Company
• Roller Grill International
• The Holland Grill Company Inc.
• Dimplex North America Limited
• DeLonghi SpA
• RH Peterson Co.
• Midea Group

𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗚𝗿𝗶𝗹𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀

By Product Type :
• Built-in Electric Grill
• Portable Electric Grill
• Others (Smokeless, Free Standing, Roll Around)

By Cooking Area :
• Under 200 Sq. Inches
• 200-400 Sq. Inches

By End Use :
• Household
• Commercial (Hotels, Restaurants, etc.)

By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

For in-depth competitive analysis, Buy Now - https://www.factmr.com/checkout/781

𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝘆

The study offers comprehensive analysis on diverse features, including price point analysis at each product and brand level, consumer survey analysis, social media sentiment analysis, product benchmarking and revenue generation from electric grill across the globe.
A comprehensive estimate on the market has been provided, taking into account the revenue of electric grill manufacturing companies during the forecast period.

𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

https://www.prnewswire.com/news-releases/rising-adoption-of-bio-based-plastic-to-propel-oleochemicals-sales-past-us-48-61-bn-by-2032--301588694.html

https://www.prnewswire.com/news-releases/bone-biopsy-systems-market-to-exceed-us-408-9-million-by-2032-with-surging-prevalence-of-oncology-indications-301589131.html

https://www.prnewswire.com/news-releases/deproteinized-whey-market-to-surpass-us-8-91-billion-by-2032-amid-rising-adoption-in-dairy-industry-301589196.html

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner

This release was published on openPR.