Global Electric Griddles Market to Reach US$179.4 Million by 2030
The global market for Electric Griddles estimated at US$132.3 Million in the year 2023, is expected to reach US$179.4 Million by 2030, growing at a CAGR of 4.5% over the analysis period 2023-2030. Manual Control Griddles, one of the segments analyzed in the report, is expected to record a 3.6% CAGR and reach US$108.8 Million by the end of the analysis period. Growth in the Thermostatic Control Griddles segment is estimated at 5.9% CAGR over the analysis period.
The U.S. Market is Estimated at US$35.0 Million While China is Forecast to Grow at 6.8% CAGR
The Electric Griddles market in the U.S. is estimated at US$35.0 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$38.3 Million by the year 2030 trailing a CAGR of 6.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
Global Electric Griddles Market - Key Trends and Drivers Summarized
What Is an Electric Griddle and How Does It Work?
An electric griddle is a versatile kitchen appliance that provides a large, flat cooking surface powered by electricity, eliminating the need for a stove. Unlike traditional frying pans, electric griddles offer a more spacious area to cook a variety of foods from pancakes to steaks simultaneously, making them ideal for family meals or entertaining guests. They typically feature adjustable temperature controls for precise cooking and are equipped with non-stick surfaces to reduce the need for excessive oil, promoting healthier cooking methods. Some models also come with additional features like warming trays and drip trays to collect excess grease, enhancing convenience and ease of use.
Why Are Electric Griddles Becoming a Popular Choice in Kitchens?
Electric griddles have gained popularity due to their ability to facilitate the cooking of multiple items at once, which is particularly valuable for large families or social gatherings. The uniform heating surface ensures even cooking, reducing hot spots that typically occur on stove tops. Their portability makes them perfect for both indoor and outdoor settings, providing flexibility that appeals to those who enjoy hosting. Moreover, the ease of cleaning, typically with just a simple wipe down due to their non-stick surfaces, adds to the convenience, making them a favorite among those who prioritize quick and efficient kitchen operations.
What Are the Current Trends in the Electric Griddle Market?
The electric griddle market is being shaped by consumer demand for convenience and healthier cooking options. Innovations include dual-surface griddles that offer both flat and ridged surfaces in one appliance, catering to diverse cooking needs. Smart electric griddles are also emerging, featuring Bluetooth or WiFi connectivity that allows users to control settings via smartphones. Eco-friendly trends are influencing the production materials, with manufacturers increasingly turning to sustainable and higher-quality non-stick coatings that are safer and longer-lasting. The design trends are also leaning towards sleek, compact models that fit well in modern kitchen aesthetics while being easy to store.
What Drives the Growth of the Electric Griddle Market?
The growth in the electric griddle market is driven by several factors. The increasing number of households opting for quick and convenient cooking solutions is a significant driver, as electric griddles reduce cooking time and effort. Technological advancements that incorporate smart features for enhanced user control and energy efficiency also contribute to their appeal. The rise in health consciousness among consumers has spurred the demand for appliances that support healthy eating habits, such as griddles that require less oil for cooking. Additionally, the growth of the food blogging and online culinary video communities has inspired more individuals to try diverse cooking techniques at home, further boosting the popularity of versatile cooking appliances like electric griddles. These factors combined ensure the continued relevance and market expansion of electric griddles in the culinary world.
Select Competitors (Total 46 Featured) -Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook