Booming Electric Milkshake Machine Market Set to Reach US$ 2,873.2 Million by 2032

In 2022, the value of electrical milkshake machine market sales worldwide was US$ 1666.2 million. Between 2022 and 2032, the size of the global electric milkshake machine market is projected to increase at a 5.6% CAGR, reaching a value of US$ 2873.2 million by that time.

The global market is being driven forward by rising consumption of milkshakes and other blended drinks due to their high nutritional content and rising adoption of electric milkshake machines across households and commercial sectors like restaurants and cafes.

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Electric milkshake makers have become extremely popular in recent years for blending a variety of blended drinks. The creation of milkshakes has become simple thanks to these electric appliances. As a result, they are being used more frequently in homes, eateries, cafes, and a number of other end use sectors.

Electric milkshake machine demand remains particularly high in the residential sector due to increasing consumer spending on electronic appliances and growing popularity of smart homes. As the global population continues to increase rapidly, so does the need for electrical items.

The average monthly income of households has improved, enabling them to purchase various electrical appliances to improve their living standard. This will continue to accelerate growth in the global electric milkshake machine Market during the assessment period.

Growing number of milkshake brands worldwide and availability of customized milkshake equipment are expected to create lucrative opportunities for electric milkshake machine manufacturers.

Similarly, reduction in product prices, increasing demand for packaged milkshakes, and growing popularity of fully-automated appliances will boost electric milkshake machine sales over the projection period.

Key Takeaways from the Electric Milkshake Machine Market Study:

  • Global electric milkshake machine demand is projected to surge at a CAGR of 5.6% between 2022 and 2032.
  • By end user, household segment holds a prominent share of the global electric milkshake machines market.
  • Based on operating mode, sales of fully-automated electric milkshake machines are likely to outpace other types.
  • The Europe electric milkshake machine market size reached US$ 666.5 million in 2022.
  • With rapid growth of electronic appliances industry, China is likely to emerge as a lucrative market for electric milkshake machines during the forecast period.
  • The United States electric milkshake machine market is currently valued at around US$ 430.5 million.

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“Rapid urbanization and increasing disposable income are emerging as the two main forces driving demand for electrical appliances such as electric milkshake machines worldwide. Besides, this growing consumption of milkshakes and other blended beverages will positively influence electric milkshake machine market over the next ten years”, says a lead FMI analyst.

Who is Winning?

Key companies dominating the global electric milkshake machine market include Hitachi Ltd, Apple Inc., Panasonic Corporation, Ali Group Srl, Hamilton Beach Brands Holding Co., Vita-Mix Corp., Amilton Beach Brands, Electro Freeze, Vita-Mix, Ceado, Federal Hospitality Equipment, and KitchenAid.

Get Valuable Insights into Electric Milkshake Machine Market

FMI, in its new offering, provides an unbiased analysis of the electric milkshake machine equipment market presenting historical demand data (2017 to 2022) and forecast statistics for the period from (2022 to 2032). The study divulges compelling insights on the demand for Electric milkshake machine equipment based on product type (mixers, mix-in blenders), type (single spindle, double spindle, triple spindle), operating mode (manual, semi-automated, fully-automated), material (polycarbonate, stainless steel), and end user (hotel & restaurants, bakery, household, cafes, cloud kitchens) across several regions.

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Key Segments

By Product Type:

  • Mixers
  • Mix-in Blenders

By End User:

  • Hotel and Restaurants
  • Bakery
  • Household
  • Cloud Kitchens
  • Cafes

By Type:

  • Single Spindle
  • Double Spindle
  • Triple Spindle

By Operating Mode:

  • Manual
  • Semi-automated
  • Fully-automated

By Material:

  • Stainless steel
  • Polycarbonate

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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