Global Smokehouse Market Size study, by Type (Outdoor, Indoor), By Product (Electric Grill, Charcoal & Wood Grill, Gas Grill) and Regional Forecasts 2022-2028
Global Smokehouse Market is valued approximately USD 144.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 2.20% over the forecast period 2022-2028. With the increased need for a healthy lifestyle, customers are increasingly preferring barbecued or grilled dishes over fried food and other types of fast food. This is predicted to have a beneficial impact on market growth. Smokehouse demand is expected to climb in the coming years as a result of product innovation, new product development, and the expansion of e-commerce retail enterprises. The expanding e-commerce retail business, as well as product innovation and new product development, are expected to drive demand in the near future. Key market participants have been attempting to meet both business and home needs. Most homes, particularly in Asia Pacific, prefer traditional wood-based grills over electric grills. Leading firms are increasingly looking forward to product innovation and new product development in order to produce environment friendly components utilizing cutting-edge technology. NAPOLEON released their stylus electric fireplace in February 2022, which is enhanced with new IoT software and operates via a mobile application. Wi-Fi connectivity, USB charging stations, and weather and information display are among the features. As part of its ambition to extend its retail network in America, VIKING RANGE, LLC build a new showroom in Dallas alongside Middleby Residential in September 2021. The store contains five outdoor cooking stations, twelve live interior cooking units, and a chef demonstration space with seating for up to twenty-four people.. However, the initial high cost of investment, along with the high cost of maintaining a smokehouse, impedes market growth throughout the projection period of 2022-2028.
The key regions considered for the Global Smokehouse Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. Because practically every home in the area possesses a grill, and the grill's life expectancy is three to seven years, the demand for grills that need to be replaced is likely to rise throughout the forecast period, favourably impacting market growth. The Asia Pacific region is distinguished by the presence of a big number of skilled laborers at cheap cost, as well as the simple availability of land. In addition, the region is home to a great number of regional players who cater to local demand. The change in the manufacturing environment toward developing economies, notably China and India, is likely to boost market growth throughout the forecast period.
Major market player included in this report are:
Wolf Steel, Ltd
KitchenAid
Lynx Grills
Viking Range Corporation
R & V Works
Alto-Shaam Inc
Town Food Service Equipment Company.
Masterbuilt
Char-Broil
Southern Pride
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Outdoor
Indoor
By Product:
Electric Grill
Charcoal & Wood Grill
Gas Grill
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Smokehouse Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Wolf Steel, Ltd
KitchenAid
Lynx Grills
Viking Range Corporation
R & V Works
Alto-Shaam Inc
Town Food Service Equipment Company.
Masterbuilt
Char-Broil
Southern Pride
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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