PUBLISHER: SkyQuest | PRODUCT CODE: 1172463
PUBLISHER: SkyQuest | PRODUCT CODE: 1172463
Global Electric Grill Market was valued at USD 4.32 billion in 2021, and it is expected to reach a value of USD 6.17 billion by 2028, at a CAGR of 5.2% over the forecast period (2022 - 2028).
Due to consumers' growing preference for grilling food at home, the adoption of electric grills has increased. It is more practical because there is no need to add charcoal, check the temperature, or deal with smoke. Additionally, these products' advantages of convenience and indoor utility have a bigger market share. Due to the limitations of charcoal and gas grills with regard to apartment barbecuing, electric grills have the added advantage of using electricity as a fuel source to heat the grill plate and surface. So, using products indoors other than smoking will increase demand for them.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global electric grill market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global electric grill market is segmented on the basis of product type, application, end-user, distribution channel, and region. Based on the product type, the market is segmented into indoor grills and outdoor grills. Based on application, the market is segmented into residential and commercial. While, based on the distribution channel, the market is segmented as online and offline. Based on region, the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
The market demand for electric grills is increasing due to a number of benefits they have over traditional charcoal or gas grills. Electric grills use electricity as a source of heat to cook food more evenly and flavorfully. Additionally, unlike charcoal grills, these grills don't emit smoke or dangerous carcinogens. Since there is no smoke, food can be comfortably grilled either inside or outside. Since they don't need wood or charcoal, electric grills are simpler to clean and maintain than charcoal grills. The fact that these grills can be turned on and off with a switch or button adds to the convenience of grilling.
The inability of these grills to reach extremely high temperatures is one of the main obstacles impeding the growth of the electric grill market. High temperatures are necessary for grilling meat and poultry food items in order to sear the meat for proper cooking. However, the low temperature range of electric grills compared to gas or charcoal grills prevents their wide market adoption. The industry is also challenged by the small size of these grills. The limited cooking space offered by these grills limits the quantity of food that can be grilled at one time. These factors make it impossible for the griller to prepare food for a large gathering of people.
Customers are becoming more and more interested in electric grills with Bluetooth and Wi-Fi features. But for a pellet smoker, which by its very nature requires longer cook times at lower temperatures, incorporating smart technology to control things like temperature or monitor doneness makes somewhat more sense. A useful improvement for a pellet smoker is the ability to monitor a brisket's progress or adjust temperature from inside the home. A gas grill seems less appropriate because it has much less finicky burners.