The global BBQ charcoal market is anticipated to expand at a steady 5.9% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing food industry is boosting demand for BBQ charcoal.
The increasing demand from domestic personal and commercial sectors is expected to remarkably contribute towards the expansion of the BBQ charcoal market. The market is mainly driven by the growing demand for grilled food around the world, especially due to the increasing popularity of grilled food among millennials.
Increased public health awareness also is expected to drive the growth of the market. The demand for charcoal barbeque (BBQ) is increasing because they provide grilled food healthier taste and smoky flavor. They emit more heat and are easier to move.
The growing trend of backyard grilling is anticipated to drive the market growth in the coming years. The rising awareness of healthy lifestyle and changing eating preferences are leading factors increasing the consumption of grilled or baked food. This in turn is driving the demand for charcoals charcoal grill.
Competitive Landscape
Key market participants in the global BBQ charcoal market elaborated in the report includes Pol-GartenHolz GmbH, BOOMEX GmbH, Oxford Charcoal company, Dancoal, Direct Charcoal Limited, Bracia Tokarscy, Eco Grilly, GrillBon and others.
Companies operating in the global BBQ charcoal market are focusing on collaborations, mergers, new product development and acquisitions to expand their production facilities and distribution channels.
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BBQ Charcoal Market by Category
By Product Type:
- Lump Charcoal
- Charcoal Briquettes
By Sales Channel Type:
- Offline
- Online
By End-Use:
- Domestic Personal
- Commercial
More Insights into the BBQ charcoal Market Report
In its latest report, FMI offers an unbiased analysis of the global BBQ charcoal market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.
In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (lump charcoal, charcoal briquettes), sales channel (offline online) and end-use (domestic personal and commercial) across six regions (North America, Latin America, Europe, Europe, East Asia , South Asia Pacific and Middle East Africa).
“Focus on healthy food is steering consumers away from fried meals. Instead they are exhibiting high demand for barbeques food and meal preps, which has helped in the growth of the BBQ charcoal market,” says an FMI analyst.
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