The Europe Barbeque Grill Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
The demand for low- and slow-cooked barbeques, like brisket, pork shoulder, and pork ribs, has increased due to changes in young consumers' lifestyles and eating habits, as well as the growing popularity of outdoor parties and social events. In the near future, it is anticipated that this aspect will help the sector flourish.
38% of all grill owners have bought a new grill in the last two years, according to a consumer study conducted by the Hearth, Patio & Barbeque Association (HPBA) and released in November 2021. Due to the pandemic, 27% of people who made purchases in 2020 did so because they were cooking more at home.
Restaurants are working to develop fresh, new cuisine in response to shifting consumer tastes and preferences. The majority of restaurants used to exclusively serve barbecued chicken, seafood, and vegetables, but nowadays, they also serve barbecued beets and sweet potatoes in addition to those foods that were previously only eaten boiled.
In Europe, the hospitality and tourism industry is rising significantly. According to the Government of the United Kingdom, the Hospitality and Tourism sector has been a key reason for the UK's broader economic and social success, contributing £66bn to Gross Value Added and employing around 3 million people. While the sector is one of the UK's top-ranked industry contributors economically as well as an employer, there are reasons to believe that productivity performance has room for improvement.
The Germany market dominated the Europe Barbeque Grill Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $395 million by 2028. The UK market is anticipated to grow at a CAGR of 4.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on End-use, the market is segmented into Commercial and Household. Based on Product, the market is segmented into Gas, Charcoal and Electric. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Barbeque Grill Market will Hit $6.3 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Newell Brands, Inc., Spectrum Brands Holdings, Inc., MiddleBy Corporation, Weber, Inc., Char?Broil, LLC (W.C. Bradley Co.), Empire Comfort Systems, Inc., RH Peterson Co., Landmann USA, Inc. (Gebrüder Thiele Group), Transform Holdco LLC, and Traeger, Inc.
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