Charcoal BBQ

Charcoal BBQ

Barbecue charcoal, often known as BBQ charcoal, is a type of charcoal created from activated carbon and is mostly used for cooking food. There are several forms of charcoal, including lump charcoal, charcoal briquettes, and charcoal made from coconut shells. Since cooking is the primary use of charcoal, it has a wide range of applications in both home and commercial cookery, where it is utilized by end users including restaurants, hotels, and caterers. The opening of new barbecue joints, an increase in grill purchases, and rising meat consumption are all factors that will likely fuel the expansion of the BBQ charcoal market. The availability of alternatives, such as gas grilling, will restrict the use of charcoal for grilling food, which could impede the expansion of the BBQ charcoal industry.

The Charcoal BBQ Market is expected to grow at a steady rate of around 6.5% majorly due to the increasing use of BBQ charcoal in restaurants and for cooking food at home. Increasing health consciousness among people will also boost market growth. Rising demand for barbeque (BBQ) charcoal grills due to their benefits such as smoky flavored, healthy food, more heat, more portable, and others. The increasing trend of cooking grilled food in the backyard and the growing cookout trend among youngsters will also enhance the market growth in years to come.

• Based on type, the market is segmented into lump charcoal, charcoal briquettes, and others. The market for BBQ charcoal was dominated by lump charcoal, which had a large market share. Lump charcoal is a natural product made without additives or filters, and it is easy to clean up after using it. When compared to charcoal briquettes, it burns hotter, illuminate more quickly, and produces a lot less ash. Because of these special qualities, lump charcoal is frequently used for barbecuing food. The use of lump charcoal has benefited from the rising popularity of charcoal barbecue grills. For instance, the US purchase of charcoal grills grew to 65% in 2021 from 49% in 2019, according to the Hearth, Patio, and Barbecue Association. As the number of charcoal grills sold rises, more people will use lump charcoal composed of activated carbon to grill and barbecue food.
• Based on end-users, the market is segmented into domestic or personal and commercial. The market for BBQ charcoal was dominated by commercial, which had a large market share. The restaurant sector accounted for a high percentage of global market revenue. To preserve public health safety, the vast majority of eateries have been shuttered or are only partially occupied due to the ongoing COVID-19 outbreak. As a result, it is anticipated that throughout the projected period of 2022 to 2030, the restaurant segment will lose some of its dominance.
• Based on sales channels, the charcoal BBQ market is segmented into offline and online. Although the online segment is anticipated to increase significantly during the forecast period, the offline segment still accounts for a sizeable portion of the market. Due to their limited space and need for labor and high fixed expenses (rent), retail establishments must provide a wide range of goods, which creates potential for online selling channels. Online shops may sell a wide range of things without paying as many people to do so, but they need access to transportation businesses.
• For a better understanding of the market adoption of the charcoal BBQ industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America accounted for the highest share of the global barbecue market. When customers in nations like the U.S., Canada, and Mexico celebrate any kind of holiday, the focus is frequently on great food and overindulging. Their culture places a high value on eating barbecued cuisine, and most festivities and festive occasions have cookouts. The US held the largest market share in the North American region, majorly due to the presence of key market players, such as The Saint Louis Charcoal Company LLC., Basques Hardwood Charcoal, BOB–Q Charcoal, etc.
• Some of the major players operating in the market include Duraflame, Inc., Royal Oak Enterprises, LLC, Mesjaya Sdn Bhd, Dancoal Sp. Z.o.o, Kingsford Products Company, Direct Charcoal Ltd., MATSURI INTERNATIONAL CO.,LTD, elvataracoal, The Oxford Charcoal Company, Carbo Namibia. The market is diversified with a large number of global and regional market players.