Charcoal Market Soars With The Sizzling Rise Of Barbecued Food: A Key Catalyst Accelerating Charcoal Market Growth in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Charcoal Market Through 2025?
The size of the charcoal market has seen a significant boost in the past few years. A rise from $5.64 billion in 2024 to $5.94 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 5.2%. The historical growth can be accredited to factors such as industrial uses, recreational events, water purification, medical and pharmaceutical purposes, traditional heating practices, and its use as a wood fuel alternative.

What's the Projected Size of the Global Charcoal Market by 2029?
In the upcoming years, the charcoal market is predicted to experience robust expansion. The market is projected to reach a value of $7.84 billion in 2029, with a compound annual growth rate (CAGR) of 7.2%. This growth in the projected period can be credited to factors such as an increase in outdoor recreational activities, the use of biochar in agriculture, the application of activated charcoal in health, beauty and the restaurant sector, and the green energy industry. Some of the key trends expected in this period include the environmentally friendly production of charcoal, the use of charcoal in cooking and grilling, waste-to-energy initiatives, projects related to carbon sequestration, as well as online retail platforms.

View the full report here:
https://www.thebusinessresearchcompany.com/report/charcoal-global-market-report

Top Growth Drivers in the Charcoal Industry: What's Accelerating the Market?
The charcoal market is experiencing notable growth due to the increased preference for barbecued food. This type of food preparation involves grilling various items like vegetables, meat, fish etc. over an open flame using a rack. Charcoal is a popular fuel choice as it heats up fairly rapidly and adds a smokey taste to the food. A UK-based blog, National BBQ week, has stated that in 2023, around 31% of all BBQs offered a primary plant-based or meat-free alternative, suggesting a change in barbecue options. Furthermore, the Family Food Survey for the fiscal year ending in 2023 showed a 3.5% uptick in spending on food and drink for outdoor consumption, which includes barbecues, now a popular trend in the UK. As such, the amplified preference for barbecued food is propelling the surge in the charcoal market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7318&type=smp

What Trends Will Shape the Charcoal Market Through 2029 and Beyond?
The key trend that is being noticed in the charcoal market revolves around product innovation. The primary attention of companies in this sector is aimed at the development of new products to expand their market reach. Kingsford, a charcoal company based in the US, for example, launched Signature flavors - a new range of taste enhancers for charcoal grills, and pellets for pellet grills - in March 2022. These are charcoal briquets pre-seasoned with flavor enhancers that gradually release flavor as grilling occurs. The introduction of this product saw the advent of three new flavors; garlic onion paprika, basil sage thyme, and cumin chili, specifically aimed at barbecue usage.

What Are the Main Segments in the Charcoal Market?
The charcoal market covered in this report is segmented -

1) By Product: Lump Charcoal, Charcoal Briquettes, Japanese Charcoal, Sugar Charcoal
2) By Distribution Channel: Online, Offline
3) By Application: Outdoor Activities, Restaurant Business, Metallurgical Fuel, Industrial Fuel, Filtration

Subsegments:
1) By Lump Charcoal: Natural Lump Charcoal, Flavored Lump Charcoal
2) By Charcoal Briquettes: Regular Charcoal Briquettes, Instant Light Briquettes, Flavored Briquettes
3) By Japanese Charcoal: Binchotan Charcoal, Muro Nigran Charcoal
4) By Sugar Charcoal: Granulated Sugar Charcoal, Compressed Sugar Charcoal

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7318&type=smp

Which Top Companies are Driving Growth in the Charcoal Market?
Major companies operating in the charcoal market include China National Chemical Corporation Ltd., Bricapar SA, Cooks International LLC, Royal Oak Enterprises LLC, Duraflame Inc., Kingsford Products Company, Ignite Products, Parker Charcoal Co., Fire & Flavor Grilling Company, Namchar Pty. Ltd., Mesjaya Abadi Sdn Bhd, Saint Louis Charcoal Company LLC, The Dorset Charcoal Co., Subur Tiasa Holdings Berhad, Rancher Charcoal, Plantar Group, Sagar Charcoal and Firewood Depot, Maurobera SA, NamCo Charcoal and Timber Products, The Oxford Charcoal Company, E & C Charcoal, Carbo Namibia (Pty) Ltd., Two Trees Products, Dancoal Sp. Z.o.o, Gryfskand sp. z o.o., Southern Fuelwood, Blackwood Charcoal, B & B Charcoal, Braai & BBQ International Pty. Ltd., Direct Charcoal Ltd., Fogo Charcoal Co., Linyi Fumin Charcoal Co. Ltd, Matsuri International Co. Ltd., PT Cavron Global, Tatapar Carvao Sao Manoel, The Original Charcoal Company, Timber Charcoal Co. LLC

Which Regions Will Dominate the Charcoal Market Through 2029?
Asia-Pacific was the largest region in the charcoal market in 2024. North America was the second-largest region in the charcoal market. The regions covered in the charcoal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7318

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.