The global smokehouse market size is set to value at USD 157.2 million by 2025 and will register a CAGR of 2.2% during the forecast period. This growth is driven by the increasing need for a healthy lifestyle and preference for barbequed or grilled food over fried food and other fast food. Key smokehouse market participants are focusing on innovation and new product launches to devise environment-friendly and sustainable components using the latest technologies.
The smokehouse market is characterized by the presence of some industry giants and small- and medium-scale regional players. The key players are indulged in implementing business expansion strategies to boost product developments, sales, and revenue. Companies are keen on strengthening their foothold over international markets by providing customized services to customers.
Smokehouse Market Report Highlights
• Based on type, indoor grills segment is projected to exhibit a CAGR of 1.9% during the forecast period as these are widely used in commercial spaces such as restaurants and hotels, along with domestic applications including households and food trucks
• Based on product, electric grill emerged as the largest segment in 2017 as electric grills are popularly used in both outdoor and indoor spaces, and are easy to clean
• Based on region, North America dominated the market in 2017 due to the presence of a large number of prominent players and increasing product application in domestic or household spaces
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Smokehouse Market Segmentation
Grand View Research has segmented the global smokehouse market on the basis of type, product, and region:
Smokehouse Type Outlook (Revenue, USD Million, 2014 – 2025)
Smokehouse Product Outlook (Revenue, USD Million, 2014 – 2025)
• Charcoal & Wood Grill
• Electric Grill
• Gas Grill
Smokehouse Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• The U.S.
• Asia Pacific
• Central and South America
• Middle East & Africa
List of Key Players of Smokehouse Market
• Wolf Steel, Ltd.
• Lynx Grills
• Viking Range Corporation
• R & V Works
• Alto-Shaam, Inc.
• Town Food Service Equipment Company.
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