PUBLISHER: SkyQuest | PRODUCT CODE: 1244329
PUBLISHER: SkyQuest | PRODUCT CODE: 1244329
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 the growing desire for freshly produced, flavorful grilled meals, manufacturers of smart kitchen appliances have developed electric grills that do away with smoke and the need for charcoal. Electric grills are becoming more and more popular because of their ease and ability to be used indoors, even if most people still prefer charcoal or gas grills for cooking food. Incompatible with gas and charcoal barbecues, electric grills use electricity to heat the coils. Because of this, there would be a greater market for indoor grills if they were used for activities other than smoking. It is an adaptable, affordable piece of equipment that works well for small-scale cooking. These elements are therefore anticipated to fuel the growth of the electric grill market over the course of the anticipated period.
Electric grill use has increased globally as a result of customers' increasing needs for the ability to grill food at home. It comes in indoor and outdoor variations. Since they conserve space in homes where outside cooking is impractical, indoor grills are popular in the residential sector. Due to the shifting weather, indoor grills are thought to be one of the greatest substitutes. The lack of a gas tank or a need for charcoal makes the indoor barbecue easy to use. As a result, during the time of forecasting, this will contribute to the expansion of the worldwide electric grill market.
Top-down and bottom-up approaches were used to estimate and validate the size of 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.
Segments covered in this report
The 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 Electric Grill market is segmented into indoor grills and outdoor grills. Based on application, the Electric Grill market is segmented into residential and commercial. While, based on the distribution channel, the Electric Grill market is segmented as online and offline. Based on region, the Electric Grill market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
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