ACCESS Newswire
23 Feb 2021, 20:19 GMT+10
Increasing demand for compliance with global sustainability initiatives and attainment of SDGs along with rising demand for carbon emission reduction to widen green charcoal popularity
ROCKVILLE, MD / ACCESSWIRE / February 23, 2021 / The global BBQ charcoal market is expected to surge positive through 2021, receiving tailwinds from increasing household level barbecue food consumption. Long-term prospects also appear optimistic, with Fact.MR projecting a noteworthy CAGR for the 2021-2031 forecast period.
The market is expected to make credible gains, with sustainable charcoal products acquiring precedence. According to an ExxonMobil publication, in consideration of IPCC's Lower 2o C scenario, global demand for conventional fuels for multiple purposes is poised decelerate in favor of more renewable alternatives. Hence, manufacturers are reformulating their product offerings to incorporate naturally sourced BBQ charcoal, with specific demand for coconut-shell derived ones experiencing significant uptick.
For instance, Malaysian charcoal manufacturer Life Green Charcoal Sdn Bhd manufactures coconut shell charcoal for usage as a biofuel in BBQ activity and activated carbon in water and air purification processes. Likewise, Mesjaya Abadi Sdn Bhd manufactures coconut shell charcoal with a production temperature ranging from 400-500o C, a fixed carbon content of 65.8% and burning duration of 1-2 hours.
'Rising sustainability concerns are prompting BBQ charcoal manufacturers to introduce greener charcoal varieties, leading to the introduction of new grades and varieties across the global market and subsequently broadening their revenue prospects,' says a Fact.MR analyst.
For More Valuable Information on Regional Market Dynamics, Request a Report Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=2153
Key Takeaways from Fact.MR's BBQ Charcoal Market Study
BBQ Charcoal Market- Prominent Drivers
BBQ Charcoal Market- Key Restraints
Discover more about the BBQ charcoal market with 192 figures and 120 data tables, along with the table of contents. You will also find detailed market segmentation on https://www.factmr.com/report/2153/bbq-charcoal-market
Competitive Landscape
Key BBQ charcoal manufacturers in Fact.MR's report include Matsuri International Co. Ltd., Oxford Charcoal, Braai & BBQ International (Pty) Ltd., Kingsford Products Company, Cavron Global, Duraflame Inc., Dancoal Sp. Z.O.O., Carbo Namibia (Pty) Ltd., MESJAYA ABADI SDN BHD, GRYFSKAND SP Z.O.O, The Dorset Charcoal Co. and Direct Charcoal Ltd.
Companies are concentrating on introducing sustainable products, consistent with the global commitment to reduce global carbon footprint. For instance, Oxford Charcoal manufactures Ethical Charcoal, a 100% sustainably sourced charcoal from sustainable woodlands. The product line comes in a wide variety of flavors and is ready to cook within 10-15 minutes.
For in-depth Competitive Analysis, Request Customization!
https://www.factmr.com/connectus/sample?flag=RC&rep_id=2153
Manufacturers are also striving to acquire appropriate certifications to affirm their global commitment to sustainability. In January 2020, Cavron Global received the Bra Miljöval, or Good Environmental Choice, ecolabel from the Swedish Environmental Protection Association. This certification has bolstered the company's organic BBQ charcoal production capabilities.
More Insights on the BBQ Charcoal Market
Fact.MR, in its new offering, presents an unbiased analysis of the global BBQ charcoal market. The study discloses essential insights on the basis of form (briquettes and lump woods), source (agricultural waste, coconut shells, nutshells, hardwood, and bamboo), end use (hotels, restaurants, caterings (HoReCa), and household consumption), and sales channel (direct sales and retail sales), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa).
Key Questions Covered in the Report
Request More Information about Report Methodology
https://www.factmr.com/connectus/sample?flag=RM&rep_id=2153
Explore Fact.MR's Coverage on the Retail & Consumer Goods Domain
Massive Wood Slabs Market: Fact.MR's massive wood slabs market research report sheds light on the prominent expansion dynamics expected to play a role in the landscape's future growth trajectory. Market statistics have been presented on the basis of key segments across prominent geographies, as well as in the form of details about prominent manufacturers and their respective market shares.
Clay Pigeon Thrower Market: The global clay pigeon thrower market is anticipated to witness notable upsurge during the upcoming forecast period, conferring to a new Fact.MR study. The study promotes crucial trends that are presently determining the growth of the clay pigeon thrower market, such as driver, trends and opportunities in key geographies and segments.
Timber Frames Market: A recent study by Fact.MR on the timber frames market offers a 10-year forecast for the upcoming decade. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players.
About Fact.MR
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.
Contact:
Sudip Saha
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: [email protected]
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
SOURCE: Fact.MR
Get a daily dose of Atlanta Leader news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Atlanta Leader.
More InformationMOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...