Latin America Electric Grill Market Size & Outlook
The electric grill market in Latin America is expected to reach a projected revenue of US$ 550.7 million by 2030. A compound annual growth rate of 6.4% is expected of Latin America electric grill market from 2024 to 2030.
Revenue, 2023 (US$M)
$357.8
Forecast, 2030 (US$M)
$550.7
CAGR, 2024 - 2030
6.4%
Report Coverage
Latin America
Latin America electric grill market, 2018-2030 (US$M)
Latin America electric grill market highlights
- The Latin America electric grill market generated a revenue of USD 357.8 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, electric smokers was the largest revenue generating product in 2023.
- Electric Smokers is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 357.8 million |
| Market revenue in 2030 | USD 550.7 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Electric smokers |
| Fastest growing segment | Electric Smokers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electric Smokers |
| Key market players worldwide | Weber, The Middleby Corp, Zojirushi |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.7% of the global electric grill market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,881.4 million by 2030.
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Electric Grill Market Scope
Electric grill market segmentation & scope
End Use
Residential
Commercial
Distribution Channel
Online
Offline
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Brazil
Argentina
Australia
China
India
Japan
South Korea
UAE
South Africa
Electric Grill Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America electric grill market
Related regional statistics
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