Barbecues And Grills market forecast 2023-2032 - major trends, lucrative segments and fastest growing regions

As per The Business Research Company's Template Opportunities And Strategies Market Report 2023, the global barbecues and grills market reached a value of nearly $21,892.8 million in 2022, having grown at a compound annual growth rate (CAGR) of 11.8% since 2017. The market is expected to grow from $21,892.8 million in 2022 to $44,358.1 million in 2027 at a rate of 15.2%. The market is then expected to grow at a CAGR of 13.6% from 2027 and reach $83,965.8 million in 2032.

The rise in government support will drive the growth of the barbecues and grills market during the forecast period. Growing government efforts to raise public awareness of the items that are offered are affecting the market's overall expansion.

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Companies in the barbecues and grills market are focusing on innovative electric grills and developing new products to strengthen their position in the market. Electric grills are ideal for balconies, yachts and other places with limited access, since they provide excellent performance without an open flame.

The top opportunities in the barbecues and grills market segmented by product will arise in built-in grills segment, which will gain $9,472.2 million of global annual sales by 2027. The top opportunities in segment by application will arise in the commercial segment, which will gain $12,673.5 million of global annual sales by 2027. The top opportunities in segment by fuel type will arise in the gas segment, which will gain $12,547.2 million of global annual sales by 2027 The barbecues and grills market size will gain the most in the USA at $5,681.5 million.

Template Market Segmentation:
The template market is segmented by product, by application and by fuel type.
By Product -
The barbecues and grills market is segmented by product into
a) Built-In Grills
b) Freestanding Grills
c) Portable Grills.
By Application -
The barbecues and grills market is segmented by application into
a) Household
b) Commercial
By Fuel Type -
The barbecues and grills market is segmented by fuel type into
a) Gas
b) Charcoal
c) Electric

Major players in the template market include Weber-Stephen Products, The Middleby Corporation LLC., Traeger, Napoleon, NexGrill

The regions covered in the global template market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Template Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Template Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
……
19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Barbeques And Grills Market, Conclusions And Recommendations
23. Appendix

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