The electric grill market has witnessed significant growth over the past few years owing to the growing consumer demand for convenient and healthy cooking appliances. An electric grill utilizes electricity rather than propane or charcoal to heat metal plates which allow customers to grill food such as meat, vegetables, and seafood. They are an affordable and accessible alternative to traditional grills as they require less maintenance, are easier to clean, and can be used indoors as well. Electric grills cook food via direct contact heat transfer making grilling healthier by reducing toxic smoke emissions. They offer rapid and consistent heating of plates for grilling different foods within a short span.
The Global electric grill market is estimated to be valued at US$ 5.22 Mn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the electric grill market are Medtronic, DePuy Synthes, Stryker Corporation, NuVasive Inc., Globus Medical Inc., Orthofix International N.V., Zimmer Biomet Holdings Inc., Alphatec Holdings Inc., B. Braun Melsungen AG, Centinel Spine LLC. These players are focusing on expanding their electric grill portfolio by launching innovative and versatile grills to cater to the rising consumer demand.
The Electric Grill Market Demand provides ample opportunities for manufacturers to tap the untapped markets in developing nations and expand their geographical footprint. Growing disposable incomes and rising health consciousness among people in regions like Asia Pacific and Latin America will drive the sales of electric grills in the coming years.
Major players have strengthened their global distribution footprint by entering into partnerships with local players. For instance, in 2021, Weber partnered with HIC Ince to expand in Turkey. Companies are also exploring opportunities to establish manufacturing facilities in fast-growing regions to address the concerns of tariffs and trade barriers. This will further augment the global expansion of key players.
Market drivers
- Growing preference for outdoor cooking: The increasing trend of outdoor dining and barbecues, especially during summer seasons has fueled the demand for convenient grilling appliances like electric grills. This remains a key growth driver.
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