BBQ Charcoal Market

Sales Of BBQ Charcoal Industry Is Anticipated To Augment At 4.9 % CAGR During 2021 To 2031

Key Takeaways

– Global BBQ charcoal market to expand 1.6x from 2021 to 2031 – 7 out of 10 charcoal sales to be stimulated by briquettes, by form – HoReCa to emerge the dominant end user of BBQ charcoal, at 60% market share – U.S BBQ charcoal sales to be valued at US$ 418 Mn by 2031, capturing over 96% revenue – High prospects abound for Germany, expected to reach US$ 73 Mn by 2031-end – Coconut shell derived BBQ charcoal to create absolute opportunity worth US$ 87 Mn

Key Players

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

Analyst View

“Rising consumer preferences for exotic and unique cuisines, combined with purported health benefits associated with consuming grilled foods is prompting increase in barbecue preparations, widening scope for BBQ charcoal,” says a Fact.MR analyst.

Explore Fact.MR’s Domain Coverage On Consumer Goods