Electric Grills - Global Strategic Business Report

The global market for Electric Grills was estimated at US$4.6 Billion in 2023 and is projected to reach US$5.8 Billion by 2030, growing at a CAGR of 3.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Electric Grills Market - Key Trends & Drivers Summarized

Why Are Electric Grills Becoming Popular in Modern Households?

Electric grills are becoming increasingly popular in modern households due to their convenience, energy efficiency, and versatility in indoor and outdoor cooking. Unlike traditional gas or charcoal grills, electric grills are easier to use, require minimal setup, and can be used in confined spaces such as apartments and patios. They also offer a more eco-friendly option, as they do not produce harmful emissions or require fossil fuels. As consumers seek healthier and more convenient cooking options, electric grills have gained favor for their ability to grill foods with less oil and without the smoke typically associated with traditional grilling methods. This growing preference for easy-to-use, environmentally friendly appliances is driving the demand for electric grills.

How Are Technological Advancements Shaping the Electric Grills Market?

Technological innovations are enhancing the functionality and user experience of electric grills, making them more appealing to a wide range of consumers. Modern electric grills come with features such as precise temperature control, non-stick cooking surfaces, and even smart capabilities that allow users to monitor and control cooking remotely via smartphone apps. These smart grills often include preset cooking modes for different types of food, ensuring optimal results with minimal user intervention. Additionally, advances in heating technology have improved the performance of electric grills, allowing them to heat up faster and maintain consistent cooking temperatures. These innovations are increasing the popularity of electric grills among both amateur and professional cooks.

How Are Consumer Preferences for Healthier Cooking Influencing the Electric Grills Market?

As health-conscious consumers look for ways to prepare food with less fat and oil, electric grills have emerged as a preferred cooking appliance. Electric grills allow for grilling without the need for added fats, offering a healthier alternative to frying or using oil-rich cooking methods. Many models feature drip trays that collect excess grease, further promoting healthier eating. The growing trend towards plant-based diets and home-cooked meals is also contributing to the rise in electric grill usage, as consumers seek convenient ways to grill vegetables, plant-based proteins, and lean meats at home. The ability to quickly prepare meals with minimal cleanup is an added advantage that appeals to busy, health-conscious consumers.

What Are the Key Growth Drivers for the Electric Grills Market?

The growth in the electric grills market is driven by several factors, including the increasing demand for convenient, energy-efficient cooking appliances in both indoor and outdoor settings. Technological advancements, such as smart grilling features and improved heating elements, are enhancing the performance and user-friendliness of electric grills, making them more attractive to consumers. The growing focus on healthier cooking methods, particularly grilling with less oil and fat, is also boosting demand for electric grills. Additionally, the shift towards eco-friendly appliances and the rise of urban living, where traditional gas or charcoal grills may not be feasible, are driving the adoption of electric grills. The expanding popularity of home-cooked meals and the trend towards more versatile kitchen appliances are further contributing to market growth.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Electric Smokers segment, which is expected to reach US$3.5 Billion by 2030 with a CAGR of a 3.0%. The Electric Griddles segment is also set to grow at 4.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.2 Billion in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $1.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as BLACK+DECKER, Inc., Breville Group Ltd., Char-Broil, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Questions Answered:

• How is the Global Electric Grills Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Electric Grills Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Grills Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Select Competitors (Total 51 Featured):

• BLACK+DECKER, Inc.
• Breville Group Ltd.
• Char-Broil
• Cuisinart
• De`Longhi Appliances Srl
• George Foreman Grill (A Brand of Empower Brands, LLC)
• Hamilton Beach Brands, Inc.
• Kenyon
• Koninklijke Philips NV
• Ninja (A Brand of SharkNinja Operating, LLC)