Electric Grill Market size will experience a dynamic growth between 2023 and 2032, given the steady shift in consumer preference for preparing meals at home.
Recreational activities, such as grilling and barbeque events are on the rise as well, which will further boost product installation. The introduction of several models of electric grills that are equipped with features, such as lightweight and enhanced portability, is encouraging customers to purchase these systems, further driving the electric grill market growth.
Electric grills offer many advantages when compared with conventional charcoal or gas grills. They utilize electricity as a source of heat and provide even heating while cooking various food items. These grills do not produce harmful carcinogens or smoke, such as those emitted by their charcoal counterparts.
Electric grills are also easier to clean and maintain as compared to charcoal grills. The power button feature in these grills offers additional convenience while grilling, thereby positively impacting the market development.
One of the major challenges hampering electric grill market expansion is the product’s inability to reach extremely high temperatures. Meat and poultry food items need to be cooked at high temperatures. However, electric grills cannot reach temperatures as high as those of charcoal or gas grills, which can limit their sale.
Another factor impeding the industry progress is the relatively smaller size of these grills. Since these appliances have a small cooking surface, users cannot cook many dishes at the same time. These aspects might make buyers hesitant to purchase electric grills, creating an adverse impact on the industry trends.
However, the growing popularity of smart kitchens and the introduction of advanced technologies in home appliances are anticipated to create robust growth opportunities for the electric grill market. Consumers are increasingly shifting toward modern home appliances equipped with advanced technologies, such as IoT and Artificial Intelligence (AI). These technologies allow users to monitor and control their home appliances with the help of their smartphones and tablets, offering greater convenience, and consequently.
With respect to type, the electric grill market size from the outdoor grill segment is poised to register a notable CAGR through 2032. These products are eco-friendlier than wood and charcoal grills, as they do not release smoke or harmful gases into the environment.
Compact electric grills are also emerging as a good alternative for large-sized gas or charcoal-based systems. For instance, in July 2022, TTK Prestige introduced a brand-new range of electric grills with oil-free cooking features for fitness enthusiasts. The portable nature of these grills allows customers to install them at recreational parks and camping sites. The introduction of such products is a major factor augmenting the market share.
The residential application segment is projected to capture a sizeable share of the electric grill market by 2032. These grills are widely used in outdoor and indoor kitchens in several modern households. Consumers are increasingly investing in electric grills for outdoor kitchens as they possess many advantages, including ergonomic design, easy maintenance, and ease of portability. The integration of innovative mobile applications and temperature control sensors with electric grills may further boost product demand among residential customers for recreational purposes.
Based on product, the electric smoker segment is predicted to hold a significant share of the electric grill market during the forecast period. These smokers give users the ability to cook with different types of smoke without using charcoal. Large-scale restaurants and hotels in the commercial sector are extensively using these grills to cook large volumes of food. Also, attractive financing options and discounts offered by distributors and dealers will help companies increase their customer base, further encouraging the use of electric smokers.
North America electric grill industry revenue is expected to increase considerably by 2032. The millennial population is becoming increasingly involved in recreational cooking activities, such as barbeques and grilling events. North American consumers are also including more grilled vegetables and meats in their diet, which may bolster product use.
Additionally, in 2022, 79% of Americans opted for outdoor barbeque events with family and friends over visiting restaurants. The population’s rising disposable income and spending capacity are increasing every year, further promoting the installation of electric grills across the North America.
Some of the leading companies involved in the electric grill market include Roller Grill International, Weber-Stephen, Eno Group, The Coleman Company, The Middleby Corporation, and TTK Prestige. The companies are engaging in strategic collaborations, partnerships, and acquisitions with other companies and technology developers to introduce state-of-the-art products in the market.
For instance, in December 2021, The Middleby Corporation completed the acquisition of MasterBuilt Holdings, LLC, Kamado Joe, as well as Char-Griller, a specialist in outdoor gas and charcoal cooking products. These acquisitions were intended to help Middleby cater to the increasing demand for backyard cooking products among customers.
The electric grill market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments:
Market, By Product
Market, By Type
Market, By Application
The above information has been provided for the following regions and countries: