Press release
Global Barbecues And Grills Market to Reach $24.11 Billion by 2029, Growing at 8.2% CAGR
"Which drivers are expected to have the greatest impact on the over the barbecues and grills market's growth?The increasing preference for open-air gatherings, camping, and caravan-themed holidays is catalyzing the expansion of the barbeques and grills market. As more individuals choose outdoor leisure activities, the need for barbeques and grills escalates. Those who go camping or on vacation often opt for food prepared on barbeque grills rather than stoves. The Hearth, Patio & Barbecue Association (HPBA) conducted a survey revealing that 24% of participants preferred to grill while on a camping adventure, while 21% enjoyed barbecuing at vacation home gatherings.
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What is the future CAGR of the barbecues and grills market, and how will it impact industry expansion?
The market for barbecues and grills has witnessed vigorous growth in the past few years. It is predicted to escalate from $16.08 billion in 2024 to $17.59 billion in 2025, with a compound annual growth rate of 9.4%. This substantial growth in the previous years is due to the robust economic progress in developing markets, an increase in consumer engagement in outdoor activities, an expanding preference for grilled food among consumers, and the growing popularity of cookouts.
The market size for barbecues and grills is predicted to witness substantial expansion in the coming years, reaching a value of $24.11 billion in 2029 with a compound annual growth rate (CAGR) of 8.2%. The expected growth during this forecast period is likely due to increased governmental backing, a rise in cooking endeavours, and a heightened preference for barbecues among customers. Key trends anticipated for this period encompass an emphasis on creative electric grills, technological progress, attention towards advancements in outdoor grilling, product launch-related focuses, and an emphasis on grills integrated with internet connectivity.
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What are the most significant trends transforming the barbecues and grills market today?
Barbecue and grill producers are concentrating on incorporating advanced technology to address the evolving preferences of their consumers. These enhancements include touch-sensitive controls, automated fuel estimation, automated temperature regulation, and speech recognition features. For instance, Napoleon, a Canada-based firm involved in barbecues and grills, launched the Napoleon Rogue EQ Connected Electric Grill Series with IoT technology in April 2022. This full-sized electric grill allows users to manage every feature of the grill using IoT controls via a mobile app, including temperature and grill controls accurately displayed on a 7-inch LCD screen. Notably, these grills have a unique ability to heat up as promptly as most similarly sized gas grills and attain an optimal temperature comparable to conventional gas grills.
Which key market segments comprise the barbecues and grills market and drive its revenue growth?
The barbecues and grills market covered in this report is segmented -
1) By Product: Built-In Grills, Freestanding Grills, Portable Grills
2) By Fuel Type: Gas, Charcoal, Electric
3) By Application: Household, Commercial
Subsegments:
1) By Built-In Grills: Natural Gas Built-In Grills, Propane Built-In Grills, Charcoal Built-In Grills
2) By Freestanding Grills: Gas Freestanding Grills, Charcoal Freestanding Grills, Electric Freestanding Grills, Pellet Freestanding Grills
3) By Portable Grills: Portable Gas Grills, Portable Charcoal Grills, Electric Portable Grills, Portable Pellet Grills
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What regions are at the forefront of barbecues and grills market expansion?
Asia-Pacific was the largest region in the barbecues and grills market in 2024. Western Europe was the second-largest region in the global barbeques and grills market analysis. The regions covered in the barbecues and grills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the barbecues and grills market?
Major companies operating in the barbecues and grills market include Weber-Stephen Products, Traeger, Napoleon, NexGrill, Spectrum Brands, Newell Brand Inc, The Coleman Company Inc, De'Longhi S.p.A., Char-Broil LLC, Guangdong Sheng Bao Industrial Co Ltd, MIDDLEBY, Kenmore, KitchenAid, Ningbo New Light Trading Co Ltd, Beijing JHL International, Landmann, Free Magic Grills, Bull, Char-Griller, Everdure by Heston Blumenthal, American Outdoor Grill, Assassin Smokers & Grills, Blaz'n Grill Works, Broilmaster, Delta Heat, Holland Grill, MAK Grills, TEC Grills, Scheer Churrasqueiras E Acessorios Ltda, Fireworld BBQ General Trading LLC, Hotpack Packaging Industries LLC, Gulf Leisure UAE, Wood Fired Grill Company
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What Is Covered In The Barbecues And Grills Global Market Report?
•Market Size Forecast: Examine the barbecues and grills market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the barbecues and grills market for a structured understanding.
•Key Players Overview: Analyze major players in the barbecues and grills market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the barbecues and grills market.
•Segment Contributions: Evaluate how different segments drive overall growth in the barbecues and grills market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the barbecues and grills market.
•Industry Challenges: Identify potential risks and obstacles affecting the barbecues and grills market.
•Competitive Landscape: Review strategic developments in the barbecues and grills market, including expansions, agreements, and new product launches.
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