During the forecast period, the Food Blender and Mixer Market are expected to register a Compound Annual Growth Rate (CAGR) of 6%, increasing from US$ 8.43 billion in 2022 to a valuation of US$ 15.10 billion by 2032.
The rise in sales of food blenders and mixers is anticipated due to advancements in their designs, enabling them to meet consistency requirements while expanding product lines and reducing manufacturing costs. Additionally, changing consumer lifestyles and increasing demand for convenience foods are driving the demand for food blenders and mixers.
Moreover, the growing disposable income of individuals in developing countries is expected to further boost the market share of the food blender and mixer market.
The report highlights the factors contributing to the increased sales of food blenders and mixers, presenting opportunities for market players. However, the market also faces challenges that may impede it from reaching its full potential.
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It has been noticed that recent advancement in blender and mixer designs have added to the growing attainment of food companies, meeting their requirement for consistency and growing new products while also lowering production costs.
The Food blender and mixer market in India is currently growing at a rapid pace and is anticipated to grow at a significant growth rate in the next few years. Rising processed food industry will escalate the demand of food blenders and mixer all across the globe.
Global Food Blender and Mixer: Market Segmentation
The global Food Blender and Mixer market is segmented on the basis of type of blenders which include shaft mixers, ribbon food blender, high shear mixer, double cone food blender, screw mixer and food blender and planetary mixer.
The global food blender and mixer market is also divided on the basis of applications such as bakery, dairy, beverage, confectionary and others. The dairy is further sub-segmented by ice-cream, milk, yogurt and others. The global food blender and mixer market is also divided by technology type such as continuous and batch.
Global Food Blender and Mixer Market: Growth Drivers
Booming processed food industry is driving the demand for food blender and mixer all around the world. Apart from this, tiring work schedules necessitates on the go consumption and accessible meals. The global food blender and mixer market is expected to showcase rapid growth in future due to rising consumption of bakery, beverage and confectionaries in developing economies.
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The robust growth of disposable income in the developing economies is also fostering the growth of global blender and mixer market across the globe. Along with this, increasing health consciousness among consumers have prompted the sales of processed food products thus stimulating the growth of global food blender and mixer market.
Global Food Blender and Mixer Market: Regional Outlook
Geographically, the Global Food Blender and Mixer industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. The European region captured the major chunk in the global food blender and mixer market in 2014.
The consumption of food products which include snacks, bakery and dairy products are rising in European countries. In the coming few years, the market in Asian region is estimated to grow at a higher pace as compared to markets of Europe and North America.
Global Food Blender and Mixer Market: Players
Some of the key vendors identified across the value chain in the global Food Blender and Mixer market include Tetra Laval International S.A., SPX Corporation, GEA group, Krones AG, Sulzer Limited, Buhler Holding AG, John Bean Technologies Corporation, KHS GmbH, Marel HF and Hosokawa Micron Corporation.
In order to gain the competitive advantage, the companies are going for expansions and moving to new and untapped markets. The top companies are also acquiring small and local players in order to mark their significant presence in the global food blender and mixer market.
Regional analysis for Global Food Blender and Mixer Market includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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