The global BBQ charcoal market is set to witness stable growth of around 49% CAGR over the coming years of 2020-2030, with noteworthy demand increase due to rise of the food industry. Moreover, growing demand for barbecue accessories and related products is ultimately contributing to increased demand for charcoal. Demand for charcoal-based grills is increasing even after the introduction of electric and gas grills. The most important factors for this growth are portability and economic pricing, as well as the preference for the smoky flavor offered by BBQ charcoal.

Introduction of new flavors and additives that enhance the taste of barbequed food has influenced early adopters to experiment with their cooking using BBQ charcoal. Furthermore, frequency of barbeque cooking competitions is increasing, as the youth population is increasingly involved in camping and outings every following weekend. Retail sales channel is seen to drive additional revenue through household consumption, due to increased availability of BBQ charcoal through supermarkets, specialty stores, and online channels.

 

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Key Strategies Adopted by Market Players

Market players are adopting the long-term collaboration and partnership strategy with restaurants and catering services to streamline the supply chain of BBQ charcoal. Following this, market players can create a supply-demand equilibrium, as orders from hotels, restaurants, and catering are higher in volume.

  • For instance, Kingsford and Recteq initiated a new partnership. With this deal, Kingsford BBQ Charcoal’s supply chain would become efficient and dynamic with Recteq’s expertise, thereby increasing customer satisfaction, enhancing experience, and enabling higher revenue generation.

Following Questions Answers Covered in the Report are:

  • How will the global BBQ Charcoal Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global BBQ Charcoal Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global BBQ Charcoal Market?
  • How will these strategies influence the market growth and competition?

 

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

 

The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Competition Landscape

Fact.MR has profiled the following prominent BBQ charcoal manufacturers in its report:

  • Matsuri International Co. Ltd.
  • Oxford Charcoal
  • Braai & BBQ International (Pty) Ltd
  • Kingsford Products Company
  • Cavron Global
  • Duraflame Inc.
  • Dancoal sp. z o.o.
  • Carbo Namibia (Pty) Ltd
  • MESJAYA ABADI SDN BHD
  • GRYFSKAND SP Z O O
  • The Dorset Charcoal Co
  • Direct Charcoal Ltd

 

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