Market Research

BBQ Charcoal Market Future Growth by Prominent Key Players Braai & BBQ International (Pty) Ltd, CV Elvatara Indojaya, Dancoal sp. z o.o, Direct Charcoal Ltd

Jul 7, 2020 4:15 PM ET

iCrowd Newswire – Jul 7, 2020

Barbecue charcoal is cooking coal, which is used in barbecuing meat. Barbecue charcoal is the carbon and ash residue left after the complete removal of water and other volatile compounds. It leaves no odor, less smoke, and little ash while having high calorific value and long-burning duration. Barbecue charcoal is commercially available in the form of briquettes, lump wood, and self-lighting.

MARKET DYNAMICS

The growing fondness for grilled food prepared by the barbecuing method has led to significant demand for BBQ charcoal in recent times. The rising sales of charcoal barbecues are attributed to its uses in preparing classic smoky flavored meat. The burgeoning sales of these barbecues have led to substantial demand for BBQ charcoal. As the trend of cooking grilled foods in the backyards coupled with barbecue parties catches up, especially among the youngsters, the demand for BBQ charcoal is anticipated to soar in the forecast period. The trend of barbecuing, which was traditional in the western world, is now soon catching up in Asian countries and is expected to spur the growth of the BBQ charcoal market.

 

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MARKET PLAYERS

The reports cover key developments in the BBQ charcoal market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the BBQ charcoal market are anticipated to lucrative growth opportunities in the future with the rising demand for BBQ charcoal in the global market. Below mentioned is the list of few companies engaged in the BBQ charcoal market.

he report also includes the profiles of key companies along with their SWOT analysis and market strategies in the BBQ charcoal market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

  • Braai & BBQ International (Pty) Ltd
  • CV Elvatara Indojaya
  • Dancoal sp. z o.o
  • Direct Charcoal Ltd
  • Duraflame Inc.
  • Matsuri International Co. Ltd.
  • Nagahawatta Export & Import
  • PT Dharma Hutani Makmur
  • Pyrocal Pty Ltd.
  • W W Wood Inc

MARKET SCOPE

The “Global BBQ Charcoal Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the BBQ charcoal market with detailed market segmentation by form, source, end user, distribution channel, and geography. The global BBQ charcoal market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading BBQ charcoal market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global BBQ charcoal market is segmented on the basis of form, source, end user, and distribution channel. On the basis of form, the BBQ charcoal market is segmented into briquettes and lump wood. The BBQ charcoal market on the basis of source is classified into agricultural waste, coconut shells, nutshells, hardwood, and bamboo. Based on end user, the global BBQ charcoal market is divided into horeca and household. Based on the distribution channel, the global BBQ charcoal market is divided into supermarkets and hypermarkets, specialty stores, online, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global BBQ charcoal market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The BBQ charcoal market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the BBQ charcoal market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the BBQ charcoal market in these regions.

 

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