The bbq charcoal market has seen considerable growth due to a variety of factors.
• The BBQ charcoal market has experienced strong growth recently. It is expected to increase from $3.23 billion in 2024 to $3.54 billion in 2025, at a CAGR of 9.8%.
Factors driving this growth include the growing trend of cooking at home, the rising demand for charcoal grills, the growth of e-commerce platforms, the rise in BBQ charcoal consumption, and the expansion of eco-friendly BBQ restaurants.
The bbq charcoal market is expected to maintain its strong growth trajectory in upcoming years.
• The BBQ charcoal market is expected to experience substantial growth, reaching $5.07 billion by 2029 at a CAGR of 9.4%.
The growth can be attributed to the increasing popularity of indoor cooking, higher consumption of barbecued food, more BBQ grill purchases, greater ownership of household grills, and the growing trend of outdoor cooking. Key trends include the development of blockchain technology, eco-friendly BBQ charcoal, flavored charcoal variants, e-commerce platforms, and premium artisanal charcoal products.
The growth of the BBQ charcoal market is driven by the increasing number of restaurants. Restaurants, where food is prepared and served, are growing in number due to factors such as rising disposable income, changing consumer preferences, and the demand for more accessible dining options. BBQ charcoal is used in many restaurant kitchens to enhance grilling, providing a memorable dining experience. In 2023, the National Restaurant Association reported that the number of U.S. restaurants increased significantly, reaching 749,404 establishments, showing a notable rise from previous years. This increase in restaurants is driving the demand for BBQ charcoal.
The BBQ charcoal market covered in this report is segmented –
1) By Charcoal: Lump Charcoal, Briquettes, Binchotan, Other Charcoals
2) By Source: Agricultural Waste, Coconut Shells, Nutshells, Hardwood, Bamboo
3) By Grill: Brazier, Pellet Grill, Square Charcoal Grill, Kettle Grill, Other Grills
4) By Sales Channel: Direct Sales, Retail Sales
5) By End User: Residential, Commercial
Subsegments:
1) By Lump Charcoal: Hardwood Lump Charcoal, Softwood Lump Charcoal
2) By Briquettes: Hardwood Briquettes, Coconut Shell Briquettes, Sawdust Briquettes
3) By Binchotan: White Binchotan, Black Binchotan
4) By Other Charcoals: Coconut Charcoal, Bamboo Charcoal, Sugarcane Charcoal
Major companies in the BBQ charcoal market are creating innovative products such as flavored charcoal to cater to various consumer preferences. Flavored charcoal involves infusing charcoal with different flavors to enhance the grilling experience. For example, in March 2022, Kingsford, a U.S.-based charcoal manufacturer, launched its Signature Flavors line. This includes charcoal briquets pre-mixed with flavor boosters like garlic onion paprika, Memphis BBQ, and bourbon BBQ to enhance grilled food flavors.
Major companies operating in the BBQ charcoal market are:
• KitchenAid
• Clorox Company
• The Middleby Corporation LLC
• Spectrum Brands Inc.
• Weber Inc.
• The Coleman Company Inc.
• Traeger Pellet Grills LLC
• Royal Oak Enterprises LLC
• NexGrill
• Viking Range Corporation
• Duraflame Inc.
• Ignite
• Char-Broil LLC
• Kingsford Products Company
• Bull Outdoor Products Inc.
• Char-Griller
• Broilmaster
• Paraguay Charcoal
• Direct Charcoal Limited
• Timber Charcoal Company LLC
North America was the largest region in the BBQ charcoal market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the BBQ charcoal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.