Press release
BBQ Charcoal Market Analysis, Key Trends, Growth Opportunities, Challenges and Key Players by 2032
The global bbq charcoal market size was valued at $2.1 billion in 2021, and is projected to reach $3.3 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.Analytics Market Research has added a new key research reports covering BBQ Charcoal market. The study aims to provide global investors with a game-changing decision making tool covering key fundamentals of the BBQ Charcoal market. The research report will include total global revenues in the market with historical analysis, key figures including total revenues, total sales, key products, instrumental drivers, and challenges. The report data is derived from extensive primary and secondary information sources with a reliable in-depth overview of the BBQ Charcoal market. The research report relies on global governing bodies as primary sources of data, with independent analysis of the forecast, and objective estimations of the growth.
The BBQ Charcoal research report will also study market share for major stakeholders in their global capacity as transformers of the global scale. This qualitative and quantitative analysis will include key product offerings, key differentiators, revenue share, market size, market status, and strategies. The report will also cover key agreements, collaborations, and global partnership soon to change dynamics of the market on a global scale.
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Due to a surge in household demand, the usage of BBQ charcoal in residential and private settings has steadily increased. The COVID-19 outbreak caused hotels and restaurants to operate with low occupancy, which had a detrimental effect on the market. People began to favour home cooking and homemade grilled meals, which led to the rise of indoor cooking. Throughout the projected period, the trend of cooking at home is anticipated to persist. Increased demand for home-cooked meals has raised sanitation and health awareness, which is anticipated to boost BBQ charcoal sales.
Pizzas, steaks, and kebabs can be swiftly cooked on charcoal over high heat. There are many different recipes that may be cooked on charcoal grills. Over the past five years, it has been noted that the demand for charcoal grills (BBQs) has grown dramatically, particularly during the pandemic time. This is caused, among other things, by the rise in popularity of grilled food and its related advantages, such as smokey flavour, portability, and nutritional value. Early adopters have started using charcoal grills as a result of the introduction of new flavours and additives that improve the flavour of grilled foods. Also, as younger generations go camping and more people go out every weekend, cooking competitions are occurring more frequently. These way of life modifications are anticipated to have a positively affects the sales of charcoal.
The global popularity of grilling and barbecuing has led to an increase in local producers entering the market for barbecue charcoal goods. Charcoal production by local producers has a detrimental effect on prices. Also, there are more local competitors on the market, which is leading to more intense pricing competition.
Foods that are precooked, have a lengthy shelf life, and are consumed on the fly are considered ready-to-eat. These meals are also becoming more and more popular as a result of how convenient they are for consumers' eating habits, saving time and requiring no further heating before consumption. Sales of charcoal, which is used in prepared foods and improves their flavour, are being driven by the rising demand for ready-to-eat meals. The popularity of these foods is fueling the expansion of the BBQ charcoal business.
Market Segmentation
Global BBQ Charcoal Market: Major Players
proFagus
BOOMEX
Gryfskand
The Oxford Charcoal Company
Dancoal
Kingsford
Direct Charcoal
Carbonex
Holzkohlewerk Lüneburg
The Dorset Charcoal Company
Basques Hardwood Charcoal
Global BBQ Charcoal Market: By Types
Lump Charcoal
Extruded Charcoal
Charcoal Briquettes
Sugar Charcoal
Global BBQ Charcoal Market: By Applications
Home Use
Commercial Use
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Global BBQ Charcoal Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global BBQ Charcoal market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
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