Embers of Flavor: Navigating the North America Charcoal Market

• Posted by Pramod Kumar Jan 18 - Filed in Business - #trends  #Bowel Management Systems Market Dynamics  #North America Charcoal Market  #Challenges  #Opportunities  #Barbecue  #Sustainable Grilling  #Manufacturers  #Retailers  #Industry Stakeholders  - 101 views

  The North American charcoal industry is projected to generate $466.6 million in 2030, and it is ascribed to rising consumption of barbeued food, and massive usage of charcoal in recreational cooking.

  Applications such as lump charcoal include metallurgical fuel, barbecue, and filtration. Such factors will propel the lump charcoal category in the near future.

  Charcoal is projected to experience the significant consumption in the coming years. It is led by the upgradation of dining themes and barbecue technique integration in the restaurant owners’ menus to attract more customers. Steakhouses are experiencing high footfall, with growing popularity across the region. It is projected to result into high charcoal demand.

  The U.S. captures the larger revenue share in the coming years. It is led by high consumption of charcoal briquettes and lump charcoal in the North America in recreation cooking, more specifically in barbecue and grilling applications.

  According to Hearth, Patio & Barbecue Association survey in 2020, almost 64% of the U.S. adults have a grill or smoker.

  In addition, the massive significance of charcoal in water treatment applications is likely to boost the high-volume consumption of the product in the country in the near future.

  The major trend in the North America based charcoal industry is rising consumption of barbecued food in restaurants, with surging customer demand for unique flavors.

  Moreover, restaurants with live cooking settings are more likely to feature barbecued food at the center of the menu, hence offer a vibrant atmosphere, with spread of the buffet and pleasant music.

  Since, charcoal provides a caramelized exterior and smoky flavor, it is widely used in barbecuing, with rising preference over conventional cooking gas. Thus, the rising interest of the people in barbecued food would result into growing charcoal demand in the region.

  Rising Demand for Healthy Food Propels Charcoal Usage in Recreational Cooking

  The massive usage of charcoal across North America for barbecuing and grilling propels the industry. In addition, the rising adoption of health lifestyle, and shifting consumer preferences result into higher demand for charcoal for grilling and barbecue applications.

  The major companies operating in the industry are; Parker Charcoal Company, Duraflame Inc., The Saint Louis Charcoal Company LLC, The Fogo Charcoal Company, B&B Charcoal, Basques Hardwood Charcoal, and Parker Charcoal Company.