1 / 9

BBQ Charcoal Market Size, Share | Industry Analysis Report

The global bbq charcoal market size was valued at $2.1 billion in 2021, and is projected to reach $3.3 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.

nishadodeja2
Télécharger la présentation

BBQ Charcoal Market Size, Share | Industry Analysis Report

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BBQ Charcoal BBQ Charcoal Market Expected Market Expected to Reach Billion Billion by by 2031 | CAGR 4.8% 2031 | CAGR 4.8% to Reach $3.3 $3.3 Global Opportunity Analysis and Industry Forecast 2021–2031

  2. BBQ BBQ Charcoal Market Overview, 2031 Charcoal Market Overview, 2031 The bbq charcoal market size was valued at $2.1 billion in 2021, and is estimated to reach $3.3 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031. The increase in the influence of grilled food across the world and growth in adoption of grilled food among youth are majorly driving the BBQ charcoal industry. People are increasingly getting health conscious due to which consumers are preferring smoked or grilled food over fried food. The demand for BBQ charcoal is showing a significant increase due to its benefits such as grilled food is smoky flavored and healthy. Moreover, BBQ charcoal grills provide more heat and are portable. In addition, growth in cookout trends, such as cooking grilled food in the backyard, is increasing among the youth across the world. QSR magazine has reported that more than 90% of Americans like BBQ food, which is creating growth opportunity for BBQ charcoal market in North America. However, barbecue and grilling are very popular around the world, so the entry of local players into the production of barbecue charcoal products continues to increase. Local players start producing charcoal, which negatively impacts prices. In addition, the number of local players in the market is increasing, and price competition is intensifying. To compete in the market, local players start selling their products at lower prices. This is one of the major factors creating challenges in the global barbecue charcoal market. Download Free Sample Report:

  3. COVID COVID- -19 impact analysis 19 impact analysis • There has been significant increase in the demand for barbecue charcoal recorded in post COVID era. • This is attributed to the growing demand for grilled food and the benefits that come with it, such as a smoky taste, better portability, and nutrition.

  4. Key Market Players Key Market Players • Braai & BBQ International (Pty) Ltd • Carbo Namibia (Pty) Ltd • Dancoal Sp. Z.o.o • Direct Charcoal Ltd • Duraflame Inc • Kingsford Products Company • Matsuri International Co. Ltd • Mesjaya Abadi Sdn Bhd • PT Cavron Global • The Oxford Charcoal Company

  5. Key Findings Of The Study Key Findings Of The Study • By product type, the charcoal briquettes segment is estimated to witness the faster growth, registering a CAGR of 5.2% during the forecast period. • In 2021, by end user, the commercial segment held the higher share, accounting for more than 60% share in the global BBQ charcoal market share. • In 2021, the U.S. was the most prominent market globally and is expected to grow at a significant CAGR throughout the forecast period.

  6. Key Market Segments Key Market Segments By End User By Type • Lump Charcoal • Charcoal Briquettes • Households • Commercial

  7. By Region By Region • North America • U.S. • Canada • Mexico • Europe • Germany • United Kingdom • France • Rest of Europe • Asia-Pacific • China • Japan • India • South Korea • Rest of Asia-Pacific • LAMEA • Brazil • Saudi Arabia • Middle East • Rest of LAMEA

  8. FREQUENTLY ASKED QUESTIONS? FREQUENTLY ASKED QUESTIONS? • Q1. What are the upcoming trends of BBQ Charcoal Market in the world? • A. Majority of the consumers in North America prefer barbeque food for most celebrations and festive occasions. Hearth, Patio, and Barbecue Association (HPBA), reported that about 80 to 85% of customers engage in BBQ grilling on weekends during summer. In North America, over 60% of consumers prefer barbeque for birthday parties and around 34% of them enjoy it on camping trips. • Q2. What is the leading end user of BBQ Charcoal Market? • A. Commercial stakeholders including HoReCa are the leading end users of BBQ Charcoal Market. • Q3. Which is the largest regional market for BBQ Charcoal? • A. North America is the largest regional market for BBQ Charcoal. North America was the highest revenue contributor, accounting for $974.9 million in 2021 • Q4. What is the estimated industry size of BBQ Charcoal? • A. The global BBQ Charcoal Market was valued at $2,097.4 million in 2021, and is projected to reach $3,334.5 million by 2031, registering a CAGR of 4.77%. • Q5. Which are the top companies to hold the market share in BBQ Charcoal? • A. Matsuri International Co. Ltd., The Oxford Charcoal Company, Braai & BBQ International (Pty) Ltd, Kingsford Products Company, PT Cavron Global, Duraflame Inc., are the leading competitors on BBQ Charcoal market.

  9. Contact Us Contact Us • David Correa • 5933 NE Win Sivers Drive • #205, Portland, OR 97220 • United States • Toll Free: 1-800-792-5285 • UK: +44-845-528-1300 • Hong Kong: +852-301-84916 • India (Pune): +91-20-66346060 • Fax: +1-855-550-5975 • help@alliedmarketresearch.com • Web: https://www.alliedmarketresearch.com

More Related