Commercial Charbroilers and Grills Market – Rising Number of Restaurants to Create New Market Opportunities

Commercial Charbroilers and Grills: Introduction

  • Charbroilers and grills generally produce a gas flame under an electric heating element or lava rocks to create radiant heat. This product is used for cooking and grilling different foods.

Key Drivers of the Global Commercial Charbroilers and Grills Market

  • Growing trend of consuming grilled products is a key factor driving the market. Popularity of grilled products has been increasing among the meat consuming population for the last few years. Moreover, preference for vegetarian grilled products is increasing at a higher pace. Some popular vegetarian dishes that have fueled the demand for commercial charbroilers and grills include grilled portobello steaks, veggie burgers, beer-can cabbage, and tacos.
  • COVID-19 has hampered sales of commercial charbroilers and grills in 2020. Lockdowns across the globe have prompted people to prefer home cooked products. This is a key factor that is estimated to restrain the market in 2020 and 2021.

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Rising Number of Restaurants to Create New Market Opportunities

  • Number of food courts and restaurants has been increasing across the globe for the last few years, which is expected to boost the market
  • Trend of outdoor open air food courts is also gaining popularity at a rapid pace in developing and developed countries. Consumers prefer to have grilled food parties at open air restaurants. These factors are likely to offer significant opportunity for charbroilers and grills manufacturers.

Trade Barriers in Many Countries to Restrict Market Growth

  • Numerous small-scale manufacturers are facing issues in the purchase of raw materials owing to trade barriers in various regions across the globe. Furthermore, stringent government regulations and volatile trade policies in different countries are also likely to restrain the commercial charbroilers and grills market.

Asia Pacific the Dominant Market for Commercial Charbroilers and Grills

  • The commercial charbroilers and grills market in Asia Pacific witnessed expansion at a rapid pace in 2019. Demand for takeaways from restaurants has been increasing considerably in countries across Asia Pacific for the last few years. Several food delivery companies are providing grilled products at the consumer’s door step. This factor is projected to drive the market in the region.
  • North America and Europe already have several established manufacturers of commercial charbroilers and grills. These companies are focused on product penetration in small- and medium-sized food courts. Moreover, numerous corporate and IT companies are installing this product at their pantries and canteens. The market in Brazil and South Africa is also likely to witness significant expansion in the near future.

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Key Players Operating in the Global Commercial Charbroilers and Grills Market

The global commercial charbroilers and grills market is fragmented in nature. Companies are emphasizing on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to expand globally. Small players are trying to boost sales by improving their domestic market share. Some of the key players operating in the global commercial charbroilers and grills market are listed below:

  • Bakers Pride
  • Castle Stove
  • Garland Group
  • ITW Food Equipment Group LLC. (Vulcan)
  • MagiKitch’n, Inc.
  • Southbend
  • The Montague Company
  • Toastmaster Corp.
  • Wells, Bloomfield, LLC

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