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CO21048377 |
Pages: NA |
Apr 2021 |
The barbecue grill charcoal market is anticipated to witness a significant growth in the forecast duration from 2021 to 2028. Food industry has grown tremendously over the years. Many new trends in food varieties came and passed but a few remained intact in the market. Barbecue grilled food is one of them. Grilled food is enjoyed immensely by the people across the world, and hence has become a popular in home-style cooking method.
Barbecue grilled food market is gaining popularity among the people and it is expected to grow at a high CAGR rate in the coming years. Grilled food has become a popular food for young generation. In barbecue method, charcoal is used as a fuel to cook food which is highly nutritious, free of oil, and very tasty, and hence has won the preference of a large population.
A charcoal barbecue is portable which makes it easy for the user to carry it anywhere, for picnics, or even for camping. However, while burning coal, some harmful gases are released into the air which contributes to air pollution. This is one restraining factor for the market. North America offers the largest market for the barbecue grilled food owing to the increasing preference of people opting for in-house grilled cooking.
The global barbecue grill charcoal market is driven by certain factors like the rising influence of grilled food across the world and the increasing adoption of grilled cuisines among people. Increasing health awareness in people is also driving the market growth as barbeque is healthy as compared to other kinds of food.
Increasing popularity for barbeque charcoal grills is because of their benefits such as healthy, portability, smoky flavors, and others. These factors are driving the market at a high CAGR rate, worldwide.
The increasing trend of cooking home cooked grilled food at the backyard of houses and increasing inclination of youngsters towards barbeque food is expected to enhance the market growth in the forecast time. Charcoal used in the barbecues take some time to set up. The coal first turns from black to red hot, and then the desired food is prepared.
Charcoal manufacturers face some strict rules regarding deforestation and illegal transportation of timber for making coal, which has restrained barbecue charcoal market supply. Increasing awareness about the environmental protection and rising government rules to reduce the cutting down of trees in various countries is further expected to hamper the charcoal production.
Additionally, some key factors limiting the use of charcoal for barbecue are depletion of natural resources and generation of poisonous smoke while burning charcoal and increased meat consumption leading to increased global greenhouse gas emissions.
It is expected that the global barbecue grill charcoal market will grow exponentially due to a significant shift in the consumption of meat, drastic change in the eating habits, and an increase in the cooking recreational activities.
Many varieties of charcoal like different flavors and meat type provided by manufacturers has resulted in the variation in flavors in the grilled food, thus, making it tastier. Innovative developments in the barbecue design can create various opportunities for companies to increase their market share in the future.
On the basis of types of charcoal used, the barbecue grill charcoal market is segmented into lump charcoal, extruded charcoal, charcoal briquettes, and sugar charcoal. In 2018, the lump charcoal market dominated the global barbecue grill charcoal market by both volume and value. This is because the lump charcoal burns quickly, produces less ash and gains high temperature compared to other types. Also, its low ash content and high calorific value encourages end users to adopt it.
Residential segment is growing at a promising rate due to adoption of in-house cooking technique
Based on the distribution, the global barbeque grill charcoal market is segmented into residential use and commercial use. Commercial charcoal barbecues hold a larger share as compared to the domestic ones because of its increasing use in hospitality industries worldwide. Portable form of commercial charcoal barbecue is mainly used in the market because it can be easily carried anywhere. It is expected that in the near future, residential sector will also emerge as a leading share holder in the global barbecue grill charcoal market. This is due to the adoption of in-house cooking method which gained popularity during worldwide lockdown due to COVID-19 situation.
On the basis of region, the global barbecue grill charcoal market is segment into North America, Europe, Asia Pacific, Middle East, and Africa. In 2020, North America accounted for the largest market revenue in the global barbecue grill charcoal market. North America continues to hold the highest market share due to increasing deviation of people towards grilled food, increased awareness about health benefits of grilled food, and adopting in house grilled cooking.
It is anticipated that Asia-Pacific region will be the fastest-growing region in the forecast period due to the growing barbecue grill charcoal industry and rising customer preference towards the grilled food.
The major manufacturing companies in the market are Matsuri International Co. Ltd., Oxford Charcoal, Braai & BBQ International (Pty) Ltd, Kingsford Products Company, Cavron Global, Duraflame Inc., Carbo Namibia (Pty) Ltd, The Dorset Charcoal Co, and Direct Charcoal Ltd.
Aspect |
Particulars |
Historical Market Estimations |
2019 |
Base Year for Market Estimation |
2020 |
Forecast timeline for Market Projection |
2021-2028 |
Geographical Scope |
North America, Europe, Asia-Pacific, LAMEA |
Segmentation by Types |
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Segmentation by Distribution |
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Key Regions Covered |
North America, Asia-Pacific |
Key Companies Profiled |
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