Written by Ravinder » Updated on: November 10th, 2024
The latest report by IMARC Group, titled “Electric Grill Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the electric grill market report. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global electric grill market size reached US$ 4.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.86% during 2024-2032.
Electric Grill Market Overview:
An electric grill is a cooking device designed to simulate the cooking effects of grilling without the need for traditional fuel sources such as charcoal or gas. These grills rely on electricity to heat elements that cook food, offering a convenient and controlled grilling environment. The primary types of electric grills include open grills, which resemble traditional grills, and contact grills, which cook food between two heated plates. Electric grills are appreciated for their ease of use, ability to be used indoors, minimal smoke production, and consistent cooking temperatures. These advantages make them particularly appealing to urban dwellers or those with restricted access to outdoor spaces. Additionally, electric grills are seen as a healthier cooking alternative as they often require less oil and reduce the formation of carcinogenic compounds typically associated with traditional grilling.
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Electric Grill Market Trends:
The global market is witnessing substantial growth driven by increasing health consciousness among consumers and the growing demand for convenient, user-friendly kitchen appliances. Along with this, the rising popularity of home-cooked, grilled food and the trend towards healthier eating practices is bolstering the demand for electric grills, which allow for cooking with less fat. Urbanization plays a crucial role, as smaller living spaces in urban areas limit the feasibility of large, traditional grills, making electric grills a practical solution. In addition, technological advancements that enhance user convenience, such as temperature control, easy cleaning features, and improved energy efficiency, are also significant market drivers. Apart from this, the expansion of the consumer electronics retail sector, coupled with increasing online sales, is making electric grills more accessible to a broader audience. The market is further propelled by seasonal promotions and the increasing influence of culinary shows and social media platforms that focus on cooking. These factors are driving the market, reflecting a growing consumer shift towards electrically powered appliances in the kitchen.
Competitive Landscape:
Electric Grill Market Segmentation:
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Key highlights of the report:
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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