Market News
Recent Developments:
New product launches:
- In January 2022, Weber launched the new Genesis II Smart Gas Grill with built-in WiFi and app connectivity for remote monitoring and control. Weber is a brand that produces high-quality grills and accessories for outdoor cooking. The company offers a wide range of grills, including gas, charcoal, and electric models, as well as smokers and portable grills.
- In March 2021, Char-Broil launched the new TRU-Infrared Electric Patio Bistro Grill for compact outdoor spaces and balconies. Char-Broil is an American manufacturer that produces a wide range of outdoor grills, including gas, charcoal, and electric models, as well as smokers and related products
Acquisition and partnerships:
- In May 2022, Hamilton Beach partnered with June Life Inc. to launch smart grilling and cooking products.
- In September 2021, Middleby is a world leader in manufacturing innovative cooking equipment for the commercial, residential, and industrial foodservice markets acquired Traeger Grills is a brand that produces wood pellet grills and accessories for outdoor cooking. The company offers of grills, including gas, charcoal, and electric models, as well as smokers and portable grills. Traeger Grills to expand its outdoor cooking portfolio.
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