Why will Demand for Charcoal Briquettes Surge in South Africa in Future?

The major factors aiding in the growth of the South African charcoal briquettes market are the country’s rich barbecue culture and the low cost of such fuel. As a result, the revenue generated from the sale of such products is projected to display an 8.8% CAGR during the forecast period (2020–2030), to reach $286.7 million by 2030 from $136.0 million in 2019. Charcoal is produced by heating wood without oxygen, to remove all the volatile constituents and water from it.

A key trend in the South African charcoal briquettes market is the usage of instant-light briquettes. Lighting conventional briquettes can be a long and tiring process of kindling and rekindling the fire and continuously monitoring and controlling the heat. This is crucial as too strong a flame can burn the food instead of cooking it, while if the heat is too low, the food will never cook. Instant-light charcoal takes people’s pain of using a dryer and fan to control the heat away, as such briquettes come to the desired temperature within 20 minutes of being lit.

Out of these, the barbecue category recorded the highest growth in the South African charcoal briquettes market in the past and this trend is likely to continue in the forthcoming years as well, primarily because of the surging tourism activities and the increasing number of international travelers in the country. Tourists come here for experiencing the country’s rich culture, soul-satisfying cuisines, and scenic landscapes. According to South African Tourism, 29.0 million overnight trips were recorded in the country in 2019.

Hence, it can be safely concluded that the demand for charcoal briquettes would surge in South Africa in the upcoming years, mainly because of the ballooning popularity of barbecued food items in the country.

Read More: https://www.psmarketresearch.com/market-analysis/south-africa-charcoal-briquettes-market-outlook

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