North America Smokehouse Market Databank
The Smokehouse market was valued at $130.1 Million in 2020, and is projected to reach $240.8 Million by 2029 growing at a CAGR of 7.13% from 2021 to 2029. Electric Grill segment is expected to be the highest contributor to this market, with $54.0 Million in 2020, and is anticipated to reach $100.7 Million by 2029, registering a CAGR of 7.23%. Electric Grill and Gas Grill segments collectively expected to account for about 79.3% share of the Smokehouse market in 2020, with the former constituting around 41.5% share. Electric Grill and Charcoal & Wood Grill segments are expected to witness significant growth rates at a CAGR of 7.23% and 7.17% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.2% in the overall Smokehouse market in 2020, and is anticipated to reach 62.6% by 2029.
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