Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Posted By Jessica Weisman-Pitts

Posted on April 1, 2025

Featured image for article about Research Reports

Rising Consumer Demand for Convenient Cooking Solutions Fuels Growth in Residential Electric Grill Market, States Fact.MR

According to Fact.MR, a market research and competitive intelligence provider, the residential electric grill market is estimated to reach a valuation of USD 679 million in 2025 and is expected to grow at a CAGR of 7.3% during the forecast period of 2025 to 2035.

The residential electric grill market is set for substantial growth as consumer awareness of healthier cooking options and convenience increases. The rising demand for energy-efficient and versatile cooking solutions is particularly appealing to urban residents with limited outdoor space. As grilling evolves into a year-round activity, indoor electric grills are gaining popularity, providing a practical alternative to traditional outdoor methods. This shift in consumer preferences highlights the market's potential, driven by the desire for convenient and efficient cooking appliances.

Over the forecast period, stakeholders in the residential electric grill market will find numerous expansion opportunities, particularly as manufacturers introduce innovative features like smart technology integrations. This trend aligns with the increasing consumer preference for energy-efficient and eco-friendly products, driving demand for sustainable cooking solutions.

The growth of e-commerce platforms is enhancing product accessibility, enabling manufacturers to reach a wider audience. Ongoing public health campaigns that emphasize the benefits of home cooking are expected to boost interest in residential electric grills. The market will thus grow both in private and commercial sectors to meet the emerging needs of consumers.

Receive a Tailored Analysis for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=3276

Key Takeaways from the Market Study:

  • The Residential Electric Grill market is projected to grow at 7.3% CAGR and reach USD 1,374 million by 2035
  • The market created an absolute $ opportunity of USD 694.6 million between 2025 to 2035
  • North America is a prominent region that is estimated to hold a market share of 26.6% in 2035
  • Indoor electric grills under application are estimated to grow at a CAGR of 8.7% creating an absolute $ opportunity of USD 460.14 million between 2025 and 2035
  • North America and East Asia are expected to create an absolute $ opportunity of USD 405.6 million collectively

"The residential electric grill market will grow due to health awareness, convenience, and innovative features” says a Fact.MR analyst.

Leading Players Driving Innovation in the Residential Electric Grill Market

Key players in the residential electric grill market are De'Longhi S.p.A, BLACK+DECKER Inc., Hamilton Beach Brands Holding Company, Spectrum Brands, Breville Group Limited, Koninklijke Philips N.V., The Middleby Corporation, Zojirushi Corporation, Weber-Stephen Products LLC, Char-Broil LLC.

Market Development

Major players in the residential electric grill market are focusing on product innovations, smart technology integrations, and strategic partnerships to enhance performance and consumer appeal. This includes developing advanced features, utilizing energy-efficient designs, and collaborating with tech firms to drive market growth and meet rising demand for versatile cooking solutions.

For instance, in November 2023, Ninja Kitchen launched the "Ninja Foodi Smart XL Grill," which features grilling and air frying capabilities for healthier cooking. This innovative appliance allows users to achieve crispy, grilled results with less oil, promoting both flavor and texture in their meals. The Ninja Foodi Smart XL Grill was introduced with a 6-in-1 functionality, designed to deliver char-grilled results through its Smart Cook System. This product caters to a variety of cooking needs, highlighting the increasing consumer demand for multifunctional kitchen appliances that enhance cooking efficiency and support health-conscious meal preparation.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=3276

Residential Electric Grill Market News:

  • Current Backyard introduced the Current Model G Dual-Zone Electric Grill and Current Model G Electric Griddle in February 2024, which come with smart home connectivity and advanced cooking performance. These products provide high heat, energy efficiency, and personalization options for a refined outdoor cooking experience.
  • Breville launched the "Breville Smart Grill Pro" in January 2024, complete with its in-built temperature probe and LCD screen to allow people to attain an accurate level of cooking control. It is best for serious home cooks who will be able to easily create restaurant-quality results at home.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the residential electric grill market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The study reveals essential insights based on Product (Built-In Electric Grills, Portable Electric Grills, Other), Distribution Channel (Home Improvement Stores, Supermarkets/ Hypermarkets, Kitchenware Stores, Departmental Stores, Online Retail, Company Website, Third Party Online, Other Retail), Power rating (1,560 Watts, <1,800 Watts, >1,800 Watts), Price Range (<$100, $100 - $250, $251 - $300, $301 - $350, $351- $400, $401 - $450, $451 - $500, >$500), Cooking Area (Under 200 Square Inches, 200 - 400 Square Inches), Application (Indoor Electric Grill, Outdoor Electric Grill), across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

Check out More Related Studies Published by Fact.MR:

The U.S. and Canada travel market is set to grow from US$ 952 million in 2022 at a 10.14% CAGR through 2032.

The global ride-hailing market is expected to rise from US$ 109.3 billion in 2023 to US$ 361.3 billion by 2033, growing at a 12.7% CAGR.

The denim jeans market, valued at US$ 102.69 billion in 2022, is projected to reach US$ 152 billion by 2032 at a 4% CAGR.

The funeral products and services market is forecasted to grow from US$ 62.5 billion in 2023 to US$ 113 billion by 2033 at a 6.1% CAGR.

The clay pigeon thrower market, with a historical CAGR of 3% (2015-2019), is expected to grow at over 4% CAGR from 2020 to 2030.

The fabric glue market, valued at US$ 106 billion in 2024, is projected to reach US$ 203 billion by 2035, expanding at a 6.2% CAGR.

The sewing machine market is expected to grow 1.5x from 2021 to 2031, with computerized sewing machines driving demand.

The disposable gloves market, valued at US$ 449.52 million in 2021, is projected to grow at a 12.1% CAGR, reaching US$ 1,579.11 million by 2032.

Recommended for you

  • Thumbnail for recommended article

  • Thumbnail for recommended article

  • Thumbnail for recommended article

;