Commercial Charbroiler Market

The Insider’s Guide to Commercial Charbroiler Market Dynamics (2023 to 2033)

During the forecast period, the global commercial charbroiler market is expected to grow at a modest speed of 4.6% CAGR. In 2023, the market is currently valued at USD 785 million. The commercial charbroiler market is expected to hit a peak of USD 1,230 million by 2033. Future Market Insights researchers observed a historical market valuation of USD 750 million for the particular market during the base year when the market grew at a CAGR of 4.4%.

This expansion is facilitated by the following factors:

• Commercial charbroilers are a promising substitute since they minimize the duration it takes to cook a meal substantially.
• Changing lifestyles coupled with the rising trend of adoption of high-quality equipment for home and outdoor cooking activities.
• There is a huge demand for energy-efficient and accredited kitchen equipment.
• The requirement for contemporary and highly efficient infrared-based commercial charbroilers is increasing.
• Quick-service restaurants (QSRs) are becoming increasingly popular among young people, as is the practice of cookouts on weekends and holidays.
• There is a growing demand for small-sized and portable charbroilers since they are easy to use and transport for outdoor activities such as camping, road excursions, and other adventures.
• Grilled cuisine is becoming increasingly popular, particularly among people who eat meat.
• Preference for charbroiled fast foods like burgers and sandwiches with charbroiled patties among consumers is increasing rapidly.
• While some restaurant owners are increasing their food menus to include charbroiled cuisine, other culinary establishments are expanding both domestically and globally.
• The growth in the number of food service establishments selling charbroiled meals directly correlates to an increase in the demand for commercial charbroilers.
• Manufacturers offer one to ten years of guarantee depending on the material of the charbroiler.

Although the industry is expanding rapidly, Future Market Insights analysts believe that some factors will slow down the expansion of the commercial charbroiler market during the forecast period. These restraining components are as follows:

• Increase in the expense of market research and development.
• The desire for equipment that is lightweight, cost-effective, and energy-efficient.
• Despite the fact that grilled food has fewer fat and calories than fried food, it is linked to numerous potential health risks.
• Deep-frying and grilling both generate advanced glycation end products, which can contribute to chronic diseases including heart disease, diabetes, and Alzheimer's.

Grilled foods are becoming increasingly popular among consumers in numerous nations, according to FMI research. The increased demand for charbroiled food has prompted numerous manufacturers to introduce innovative features in commercial charbroilers. Here are some trends and opportunities in the commercial charbroiler market:

• Technological advances in charbroilers will enhance energy efficiency and lower carbon footprint, fueling the charbroiler market growth.
• Commercial charbroilers with modern features include round rods to prevent grease and flare-ups, steel rods to decrease carbon buildup, and self-cleaning filtration systems with under-fired charbroilers to reduce grilled emissions.
• Manufacturers are selling high-end commercial charbroilers with lifetime burner warranties.
• Hotel and restaurant monopolists are focused on dedicated barbeque restaurant chains, which is likely to boost commercial charbroiler sales globally.

Report Attribute	Details
Commercial Charbroiler Market Value (2023)	USD 785 Million
Commercial Charbroiler Market Anticipated Value (2033)	USD 1,230 Million
Commercial Charbroiler Market Projected Growth Rate (2023 to 2033)	4.6%
Commercial Charbroiler Market Historical Growth Rate (2017 to 2022)	4.4%

Glimpse of the Historical Market Scenario and Current Growth Indicators

After conducting an in-depth market analysis, FMI specialists discovered that the commercial charbroiler market has experienced exceptional growth in recent years. The relevant market CAGR progressively climbed from 4.4% between 2017 and 2022 to 4.6% between 2023 and 2033.

A charbroiler is an excellent tool for imparting smokey and charred characteristics to steaks, poultry, fish, sandwiches, and vegetables. Most charbroilers are constructed of porcelain, enameled cast iron, or steel. Stainless steel is more durable and less expensive than other materials. This is why it is so popular. To entice customers, charbroiler manufacturers are now giving a variety of benefits.

For example, depending on the material used for the grill, the manufacturer will provide a 1-10 year guarantee. A lifetime burner warranty is prevalent on high-end grills. Vintage, a premium accessory and electric grill company located in the USA, offers a lifetime guarantee on selected accessories and burners.

The advent of the electric charbroiler changed the market and paved the path for new opportunities. If the gas utility line is not accessible to heat the meal, electric charbroilers are a viable alternative. Individuals who do not have access to natural gas or electricity can cook using an alternate fuel source. The expanding number of restaurants and hotels, as well as trekking and camping activities, have contributed to commercial charbroiler's substantial market share.

Furthermore, the growing number of BBQ restaurants in emerging economies such as Japan, India, Mexico, and Brazil is fueling the expansion of the commercial charbroiler industry. Furthermore, as the popularity of backyard gatherings, home-cooked BBQ cuisine, tiny tops, and portable commercial charbroilers grow, homes throughout the world are embracing charbroilers.

Category-wise Insights

Dominant Segments Taking Center Stage Amid Consumer Needs

Electric - By Power Type

On the basis of power type, the commercial charbroiler market is categorized into electric, gas, and charcoal. Among these categories, the electric segment holds the most significant market share as it is the most preferred product by customers. Currently, the electric category is expected to grow at a moderate rate, with a CAGR of 4.9%. During the base period of 2017 to 2022, the segment accounted for the same historical CAGR. The following factors have contributed to the constant progress of electric commercial charbroil:

• The use of renewable energy sources, such as solar panels, which customers are installing in their homes to lower power prices.
• They produce far less smoke and cause significantly less pollution.
• Their ability to be utilized indoors, smoke-free grilling, preference for healthy grilled food, and preference for handmade grilled food.
• Home cooking is becoming increasingly popular as a hobby and leisure activity.

Commercial - By Buyer Type

Depending on the buyer type, the commercial charbroiler market is bifurcated into household and commercial.

According to FMI, the commercial category holds the largest market share in the global commercial charbroiler market. This category is now growing at a substantial rate, with a CAGR of 4.6%. Historically, the category accounted for a 4.3% CAGR from 2017 to 2022. The following factors are contributing to the growth of this segment:

• The growing popularity of BBQ restaurants among developing-country customers is expected to boost category growth.
• A rising number of trekking and camping activities.

Country-wise Insights

The Growing Popularity of Weekend Barbeque Parties Fuels the USA Commercial Charbroiler Market

With significant demand for commercial charbroilers, North America dominates the industry. The USA continues to dominate the commercial charbroilers market in North America and has registered a market valuation of USD 119.1 million in 2023 which is further expected to reach USD 307.5 million by 2033. This trend is projected to continue during the projection period.

The USA Commercial Charbroiler market recorded a CAGR of 5.0% during the historical and a CAGR of 5.1% during the forecast period respectively. The development of new technology has aided in the development of charbroilers, which are reported to be more efficient and modern than traditional grills used to prepare meals.

According to studies, about 85% of families in the USA own a grill, and the majority of owners utilize it all year. Friends and family congregate around the barbecue for holidays, birthdays, occasions, or for no reason at all. American barbecue is a staple of everyday life, whether for large groups or intimate gatherings of one, with meat, poultry, pork, or vegetables. Cookouts are also popular in the USA around national holidays such as Thanksgiving, Independence Day, Christmas, and New Year's Eve.

Over 50% of customers in this country like barbecue for birthday celebrations, and 25% love it on camping vacations. Businesses are investing in new product development to increase their income in this expanding sector.

Opening with Charbroiler Forerunners, the United Kingdom Swiftly Acquired a Taste for Grilled Cuisine

Europe has been discovered to have a substantial market share in the commercial charbroiler market. The United Kingdom is now the top country in this area, accounting for a market size of USD 26.70 million in 2023, growing at a moderate-paced CAGR of 4.6%. Earlier, the UK commercial charbroiler market increased at a CAGR of 4.4% throughout the historical period. By 2033, the market valuation is estimated to exceed USD 73.80 million.

BBQ & at-home dining & entertaining has become the UK's No. 1 summer home leisure activity, with three out of every four families having some sort of charbroiler as a result of the Covid-19 lockdown. Despite not being a member of the EU, the United Kingdom overtook Germany as the leading BBQ nation in 2021. It should come as no surprise that gas BBQs are the most popular form of barbecue in the UK. Gas charbroilers grab the top rank due to their efficiency, ease of use, and ability to cook the ideal burger, leaving electric BBQs in last place.

Wagyu Yakiniku Ichiro is a Popular Japanese Dish that Necessitates the Use of a Commercial Charbroiler

Japan is also predicted to develop rapidly as a result of rising street food consumption and large expenditures by key firms. Furthermore, increased demand for barbecue goods over hot dogs, burgers, and pizza is expected to drive the growth of the Japanese commercial charbroiler market during the forecast period. Japan is expected to grow at a gradual rate, with a CAGR of 4.7% during the projection period, up from 4.4% during the historical period. In 2023, the country has a market worth USD 33.27 million. According to FMI, the worth will exceed USD 89.79 million by the end of 2033.

Yakiniku, or grilled-meat restaurants, are popular in Japan, where customers prepare raw materials including beef shoulder, hog belly, and vegetables at the table. As a result, the requirement for portable commercial charbroilers rises. Furthermore, new restaurants specializing in grilling are sprouting in Japan, increasing the use of commercial charbroilers. With the introduction of Wagyu Yakiniku Ichiro in Japan, a whimsical, trend-setting new 'yakiniku' barbecue grill brand was introduced, replete with distinctive 'Shinkansen bullet train' service to table grills.

Korean Grilled Food is a Growing Homemade Food Trend that Demands Charbroilers

The South Korean commercial charbroiler market is expected to grow at a sluggish-paced CAGR of 3.9% over the projected period, up from 3.5% in the preceding season. In 2023, the market is currently valued at USD 12.435 million. FMI researchers forecast a market value of USD 43.05 million by 2033.

Korean barbecue is a menu trend that is here to stay. The delivery of independent and smaller chain restaurants has expanded and continues to develop. K-BBQ, which comes in sweet and sour and sweet and savory flavors and is generally distributed by broad-line distributors to Asian-casual dining and bar & grill restaurants, lends itself to a range of meals such as burgers, jerky, and tacos. These factors contribute to restaurants' increasing adoption of commercial charbroilers.

Furthermore, instead of a massive heavy-duty device on wheels, the grill is normally tabletop in size. As a result, it is an indoor practice, much like in Japan. This, in turn, increases the adoption of portable and electric commercial charbroilers.

Leading Startups to Keep an Eye on

Start-up Ecosystem:

New Entrants Give the Commercial Charbroil Market a Competitive Advantage

New players in the rice processing machine market are capitalizing on technological improvements to offer new products and acquire a competitive edge. These companies are always investing in research and development to stay up with changing customer tastes and end-use industry demands. Efforts are being made to boost their position in the forum and help the commercial charbroiler industry flourish.

Start-up Company	Spark Grills
Country	United States of America
Description	Spark Grills include a revolutionary wood and charcoal barbeque system, which makes loading and rapid lighting easy, smooth, and mess-free. Spark is a sleek charbroiler that lights up in seconds and features oven-like temperature control, allowing grilling fans and home cooks alike to unleash their culinary prowess. It also sells accessories such as grill covers, temperature sensors, cutting boards, and so forth. The firm also has a social effect by assisting local families and communities with their financial health.

Start-up Company	June
Country	United States of America
Description	June is the first brand to provide smart top ovens on the Internet. Sensors in the oven detect the weight and automatically set the temperature. Its app includes functions such as intelligent notifications, video monitoring, and food planning. Android and iOS users can download the mobile app.

Competitive Landscape

Endeavors by Key Players to Bring Revolution in Market Dynamics

Prominent competitors in the commercial charbroiler market are focused on evolving the newest technology and implementing new features, such as temperature sensor technology, into their grill products. Major players in the commercial charbroiler market focus on product launch strategies that are driven by ingenuity. The incorporation of various technologies into domestic electric grills is advancing the manufacture of novel culinary goods in response to consumer demand for convenience. Manufacturers are extensively spending on research and development operations in order to create technological breakthroughs in machinery and gain a larger portion of the global market.

ITW Food Equipment Group LLC. Heats Things Up in the Global Forum

ITW Food Equipment Group LLC. is a prominent player in the total commercial charbroil market and has seized the lead in both the present and future predictions. The goal of this company is to produce food equipment that food service and food retail professionals can rely on to work hard and give quality, consistent results day in and day out, allowing them to focus on what they love most-creating great food for wonderful people.

Garland Expands its Presence by Receiving Several Awards

Garland has spent the last 140 years working directly with our clients, partnering on practical, effective, and long-lasting solutions that assist to bring their passion to the surface every day. The firm worked hard to win their trust, innovating and adapting regularly to keep up with our ever-changing industry. From ranges and clamshell grills to whole island suites, the organization has cooperated on several advances to meet the different demands of our consumers. Nonetheless, they have all been founded on the same underlying goal of practical application, developed from true necessity to address the real issues that an organization faces.

Avantco Equipment Fires up the Market with their Unique Offerings

Avantco commercial charbroilers are ideal for bustling businesses that have limited space. The long-lasting stainless steel design and strong burners let you swiftly produce chicken, burgers, steaks, and veggie meals with the convenience and efficiency that you need. Avantco charbroilers use a radiant heat source for uniform cooking and precision heat distribution.

Recent Developments:

In April 2022, Avantco released the Chef Series CAG-36-RC 36" Gas Countertop Radiant Charbroiler with 90,000 BTU. Because each burner can be adjusted to a different temperature, it is great for cooking burgers, prawns, or veggie skewers. This charbroiler employs radiants to reflect heat onto the cooking surface, guaranteeing speedy recovery and convenient heat retention.

In May 2022, Clark Associates topped Foodservice Equipment & Supplies magazine's list of 2022 Distribution Giants for the second year in a straight, cementing its position as the nation's premier supplier.

In August 2021, Garland introduced additional time-saving features to its Cuisine Series® heavy-duty oven and burner system, which is trusted and market-leading. The Cuisine Series, built on a 36" chassis, has long blended durability and careful design to satisfy the needs of high-performance kitchens. Garland has now implemented a number of new features to give faster results and even greater simplicity of use.

Some of the other key companies proliferating in the market are

• Dukers Appliance Co.
• Middleby
• Champion Tuff Grills
• Wells
• Vollrath

Key Segments in the Commercial Charbroiler Market

By Power Type:

• Electric
• Gas
• Charcoal

By Buyer Type:

• Household
• Commercial

By Sales Channel:

• Direct Procurement
• Distributor Sales
• E-commerce Platforms
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• Middle East and Africa (MEA)
• Oceania
• South Asia and ASEAN

Frequently Asked Questions

What is the Growth Outlook for the Commercial Charbroiler Market?

The growth outlook for the commercial charbroiler market is predicted to advance at a CAGR of 4.6% from 2023 to 2033.

Which Country Leads the Commercial Charbroiler Market?

The United States is anticipated to lead the commercial charbroiler market during the forecast period.

How much Growth Potential does Commercial Charbroiler hold?

The commercial charbroiler market is likely to hold a valuation of USD 1230 Million by 2033.