The ever-present BBQ charcoal market is exploding at a breakneck speed. According to a recent market study conducted by Fact.MR, the global BBQ charcoal industry is expected to grow at a CAGR of 4.9 percent from 2021 to 2031.
The market is being pushed by the growing global influence of grilled cuisine, as well as the rising popularity of grilled meals among millennials. Increased public awareness of health issues will also help the market grow. Charcoal grills for barbeque (BBQ) are becoming increasingly popular due to benefits such as smoky flavour, healthier food, increased heat, and portability, among others.
Key Segments Covered
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Form
- Briquettes BBQ Charcoal
- Lump Wood BBQ Charcoal
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Stores
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Sales Channel
- Direct BBQ Charcoal Sales
- Retail BBQ Charcoal Sales:
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End User
- BBQ Charcoal for Hotels, Restaurants and Catering (HoReCa)
- BBQ Charcoal for Households
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Source
- BBQ Charcoal made from Agricultural Waste
- BBQ Charcoal made from Coconut Shells
- BBQ Charcoal made from Nutshells
- BBQ Charcoal made from Hardwood
- BBQ Charcoal made from Bamboo
Competitive Environment
To maintain their position in the global market, leading manufacturers must constantly introduce new product lines. Several manufacturers pride themselves on providing low-emission BBQ charcoal. Capacity expansion, mergers and acquisitions, and collaborations are all used as well.
Oxford Charcoal Company will exhibit its Biochar and Agri-tech grade products at the BBC Gardeners World Live show in May 2019, which is co-hosted with the BBC Good Food Show Summer and is one of the largest gardening shows in the UK.
In addition, Kingsford Products Company has launched its own line of Hardwood Pellets, which are made from all-natural, pure flavour hardwoods with no fillers, binders, or preservatives, and come in five different flavours: classic, signature, hickory, maple, and cherry.
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