Electric Grills

Electric Grills

Global Electric Grills Market to Reach US$5.8 Billion by 2030

The global market for Electric Grills estimated at US$4.6 Billion in the year 2023, is expected to reach US$5.8 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2023-2030. Electric Smokers, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$3.5 Billion by the end of the analysis period. Growth in the Electric Griddles segment is estimated at 4.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.2 Billion While China is Forecast to Grow at 6.4% CAGR

The Electric Grills market in the U.S. is estimated at US$1.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.1% and 2.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

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.

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)

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