The global Outdoor Commercial Grills market size is expected to be valued at USD 2.8 Million in 2023. With the continually increasing disposable income of consumers, the overall scope for Outdoor Commercial Grills Market is projected to grow at a CAGR of 5.8% between 2023 to 2033, totaling around USD 5.0 Million by 2033.
| Data Points | Key Statistics |
|---|---|
| Outdoor Commercial Grills Market Value 2023 | USD 2.8 Million |
| Outdoor Commercial Grills Market Projected Value (2033) | USD 5.0 Million |
| Outdoor Commercial Grills Market CAGR (2023 to 2033) | 5.8% |
According to the analysis of Future Market Insights, in recent years, there has been a growing awareness of the link between diet and health, and many consumers are now more conscious of the foods they eat. As a result, there has been a shift towards healthier food options, such as grilled foods. Grilled foods are often seen as a healthier alternative to deep-fried or processed foods, as they are typically lower in fat and calories.
This trend is likely to drive the demand for outdoor commercial grills that are suitable for cooking healthy meals. Manufacturers are responding by developing grills that are designed to cook food in a healthier way, such as grills that are equipped with infrared burners or grills that use less oil or butter. These grills can help consumers achieve the desired texture and flavor of grilled foods without sacrificing taste or nutrition.
Furthermore, consumers are also looking for grills that are easy to clean and maintain, as cleaning and maintaining grills can be a time-consuming and daunting task. To meet this demand, manufacturers are developing grills that are equipped with features such as removable grates and drip trays, which make cleaning easier and less time-consuming.
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The global demand for Outdoor Commercial Grills is projected to increase at a CAGR of 3.1% during the forecast period between 2018 to 2022, reaching a total of USD 5.0 Million in 2033.
According to Future Market Insights, a market research and competitive intelligence provider, the Outdoor Commercial Grills market was valued at USD 2.6 Million in 2022.
Outdoor kitchens and living spaces are becoming increasingly popular, with homeowners investing in high-end outdoor appliances and furnishings. This trend is likely to drive demand for high-end outdoor commercial grills that can be integrated into outdoor kitchen spaces. Outdoor commercial grills with features such as built-in refrigeration, sinks, and storage cabinets are becoming increasingly popular among homeowners who want to create a complete outdoor cooking and entertainment space.
Outdoor kitchens and living spaces are becoming increasingly popular among homeowners who want to extend their living space and create an outdoor oasis for cooking, dining, and entertaining. These outdoor spaces can range from a simple grill and seating area to a full-fledged outdoor kitchen complete with built-in appliances, countertops, and storage.
As the trend towards outdoor living spaces grows, so does the demand for high-end outdoor appliances and furnishings. Homeowners are investing in high-quality outdoor furniture, lighting, and decor, as well as outdoor appliances such as refrigerators, ovens, and outdoor commercial grills. The market for outdoor commercial grills has been particularly strong, with manufacturers introducing new and innovative products to meet the demand.
One of the key factors driving the demand for outdoor commercial grills in the context of outdoor living spaces is the desire for a complete outdoor cooking and entertainment experience. Many homeowners who invest in outdoor kitchens and living spaces want to be able to prepare meals and entertain guests outside, rather than being confined to indoor cooking and dining areas. This requires high-quality outdoor commercial grills that can withstand the elements and provide reliable performance.
Growth in the Foodservice Industry to Fuel the Market Growth
As the foodservice industry grows, the demand for outdoor commercial grills is likely to increase. Outdoor commercial grills are essential equipment for many foodservice businesses, including restaurants, catering companies, and food trucks. For instance, many restaurants offer outdoor dining options that require commercial-grade outdoor grills to prepare food. Similarly, catering companies often use outdoor grills to prepare food for events such as weddings, corporate events, and outdoor parties. Food trucks also rely on outdoor commercial grills to prepare food on the go.
Furthermore, the foodservice industry is expected to experience growth in the coming years, driven by factors such as rising disposable incomes and increasing urbanization. As the foodservice industry grows, the demand for outdoor commercial grills is likely to increase. Outdoor commercial grills are essential equipment for many foodservice businesses, including restaurants, catering companies, and food trucks.
The demand for outdoor commercial grills in the foodservice industry is likely to continue to grow as the industry expands. In response to this demand, manufacturers of outdoor commercial grills are introducing new and innovative products that are designed specifically for the foodservice industry. For example, some outdoor commercial grills now come with features such as built-in refrigeration, sinks, and storage cabinets, which can make food preparation and service more efficient and convenient for foodservice businesses.
Increasing Popularity of Restaurants with Outdoor Dining to Accelerate the Market Growth
Outdoor dining has become increasingly popular among customers because it provides a more relaxed and casual dining experience. Many people enjoy dining outdoors because it allows them to enjoy fresh air and scenic views while they eat. In addition, outdoor dining provides an opportunity for customers to enjoy a unique atmosphere, which can be particularly appealing in urban areas where outdoor space is limited.
Outdoor commercial grills are essential components of outdoor dining setups because they allow restaurants to prepare a wide variety of grilled foods, which are often popular with customers. In addition, outdoor grills can be used to create a more interactive and engaging dining experience, as customers can watch their food being prepared and interact with the chef.
Furthermore, outdoor dining can create a more festive and relaxed atmosphere, which can be ideal for socializing and celebrating special occasions. The open-air environment can also be more conducive to live entertainment and music, which can enhance the overall dining experience.
Additionally, in terms of using outdoor commercial grills, these can allow restaurants to expand their menu options and offer a wider variety of grilled items, such as burgers, steaks, seafood, and vegetables. Grilling can also impart unique and delicious flavors to the food, which can be a major draw for customers. Additionally, outdoor grilling can create a more theatrical and dynamic dining experience, which can help to attract new customers and retain regulars.
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High Cost of Outdoor Grills to Restrain the Market
High cost is a significant factor limiting the growth of the outdoor commercial grills market. These grills are often expensive compared to traditional indoor kitchen equipment, which can deter small businesses or individuals from investing in them.
Additionally, outdoor commercial grills are designed to withstand harsh outdoor conditions and have specialized features that make them suitable for cooking large quantities of food quickly. These features include durable materials, larger cooking surfaces, and high-powered burners. As a result, outdoor commercial grills can be significantly more expensive than their indoor counterparts.
For small businesses or individuals with limited budgets, the high cost of outdoor commercial grills can be a significant barrier to entry. They may opt for less expensive equipment, such as portable grills, which may not meet their cooking needs or quality standards. This can limit the growth of the outdoor commercial grills market, particularly in the small business and residential segments.
Increasing Popularity of Recreational Activities in North America to Fuel the Market Growth
The Outdoor Commercial Grills Market in North America is expected to accumulate the highest market share of 37.5% in 2023.
The regional market growth is attributed to the growing popularity of outdoor recreational activities and the trend of outdoor dining experience, which are driving the demand for outdoor commercial grills. In addition, the increasing number of restaurants, hotels, and resorts that offer outdoor dining experiences is another factor that is projected to augment the regional market prospects during the forecast period.
Additionally, the availability of innovative and technologically advanced products, such as smart grills and grills with built-in temperature sensors, is attracting consumers and boosting the market growth. Also, barbecues have become a popular social activity in North America, which is driving the demand for outdoor commercial grills.
Furthermore, manufacturers of outdoor commercial grills are expanding their distribution channels, including online sales, to reach a wider customer base, which is driving the growth of the regional market.
Increasing Tourism in the Region to Fuel the Market Growth
The Outdoor Commercial Grills Market in South Asia is expected to accumulate the highest market share of 28.0% in 2023.
The growth of the regional market is attributed to the factors such as the rapidly growing tourism in the region, with more people traveling domestically and internationally. This is driving the demand for outdoor commercial grills in hotels, resorts, and other foodservice establishments.
Furthermore, as urbanization increases in South Asia, more people are living in apartments and high-rise buildings with limited outdoor spaces. This is driving the demand for portable and compact outdoor commercial grills.
In addition, the governments in South Asia are increasingly investing in tourism and outdoor recreation infrastructure, which is driving the demand for outdoor commercial grills in parks, campsites, and other outdoor spaces.
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Stationary Outdoor Grills Segment to beat Competition in Untiring Market
On the basis of mobility, the market is dominated by Stationary segment, which is expected to hold a CAGR of 5.6% over the analysis period.
One of the major factors driving the segmental growth is that these grills can be installed permanently in outdoor dining setups, making them a reliable and convenient option for restaurants. Stationary grills also offer greater customization options, as they can be built into outdoor kitchen islands or custom structures to fit the specific needs of the restaurant.
Additionally, stationary grills are often preferred for their larger cooking capacity, allowing restaurants to cook for larger groups of customers. While portable and towable grills have their own benefits in terms of mobility and versatility, the stationary grills segment is expected to remain the dominant choice for many restaurant owners due to its reliability and customization options.
Moreover, the stationary grills can help restaurants to increase revenue by expanding their menu offerings and catering to larger groups of customers. They can also create a unique dining experience that can help to attract new customers and retain existing ones.
Propane Tank Segment to Drive the Outdoor Commercial Grills Market
Based on the Grilling Fuel, the Propane Tanks segment is expected to expand at rapid rate of 5.5% CAGR over the analysis period.
One of the major driving factors for the segmental growth is the convenience and ease of use that propane tanks offer, as they provide a reliable and consistent source of heat with minimal preparation time. Propane tanks also offer greater temperature control compared to other fuel sources, making them a preferred option for professional chefs and restaurants.
Additionally, propane tanks are cleaner and more environmentally friendly compared to charcoal and wood-based fuels, which can produce more smoke and ash. While other fuel sources such as wood chips, pellets, and lump charcoal have their own unique benefits in terms of flavor and aroma, the propane tanks segment is expected to remain the dominant choice for many restaurant owners due to its convenience and efficiency.
Furthermore, propane tanks are widely available and can be easily obtained from local suppliers, making them a convenient option for restaurants. They also come in a range of sizes, allowing restaurants to choose the appropriate size for their grilling needs.
Outdoor Commercial Grills Market startup players are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential patients and create a larger customer base. For instance
Prominent players in the Outdoor Commercial Grills market are Backyard Pro, Crown Verity, Holstein Manufacturing, Louisiana Grills, Magikitch'n, Meadow Creek, Blackstone, R&V Works, Southern Pride, Old Country BBQ Pits, Middleby Corporation, Traeger Pellet Grills, Lynx Grills, Inc., Char-Broil LLC, Nuke BBQ, Pit Boss Grills, Weber, Kamado Joe, and Dyna Glo, among others.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.8% from 2023 to 2033 |
| Market Value in 2023 | USD 2.8 Million |
| Market Value in 2033 | USD 5.0 Million |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Category, Mobility, Grilling Fuel |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
| Key Countries Profiled | Germany, United kingdom, France, Spain, Italy, Rest of Europe, China, Japan, South Korea, Singapore, Thailand, Indonesia, Australia, New Zealand, Rest of Asia Pacific |
| Key Companies Profiled | Backyard Pro; Crown Verity; Holstein Mnaufacturing; Louisiana Grills; Magikitch’n; Meadow Creek; Blackstone; R&V Works; Southern Pride; Old Country BBQ Pits; Nuke BBQ; Pit Boss Grills; Weber; Kamado Joe; Dyna Glo |
As of 2022, the market for Outdoor Commercial Grills was valued at USD 2.6 Million, as per FMI
By 2023-end, demand of Outdoor Commercial Grills closed at a value of USD 2.8 Million
From 2018 to 2022, Outdoor Commercial Grills demand expanded at a CAGR of 3.1%
From 2023 to 2033, Outdoor Commercial Grills services are expected to flourish at a CAGR of 5.8%
By 2033, the market value of Outdoor Commercial Grills is expected to reach USD 5.0 Million.
By Mobility, the Stationary segment is expected to constitute a CAGR of 5.6% in 2033.
By Grilling Fuel, the Propane Tank segment is expected to dominate the market with a CAGR of 5.5% in 2033.
1. Executive Summary | Outdoor Commercial Grills Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Gas-fuel Outdoor Grills 5.2. Charcoal Outdoor Grills 5.3. Electric Outdoor Grills 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 6.1. Full Service Restaurants 6.2. Quick Service Restaurants 6.3. Hotels 6.4. Other Food Services 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. MEA 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Coleman 15.2. Weber 15.3. Masterbuilt Grills 15.4. Lynx Grills 15.5. Bull Outdoor 15.6. Onward Manufacturing 15.7. Subzero Wolf 15.8. American Outdoor Grill 15.9. Blaze Grills 15.10. Avantco Equipment 15.11. Standex International Corp. 16. Assumptions & Acronyms Used 17. Research Methodology
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Outdoor Commercial Grills Market
