PUBLISHER: Allied Market Research | PRODUCT CODE: 1344489
PUBLISHER: Allied Market Research | PRODUCT CODE: 1344489
According to a new report published by Allied Market Research, titled, "Portable Blender Market," The portable blender market was valued at $137.8 million in 2022, and is estimated to reach $296.9 million by 2032, growing at a CAGR of 8.3% from 2023 to 2032.
Portable blender simplifies blending and mixing with its quick, simple, and efficient functioning. Portable blenders are equipped with features such as various speed settings, pulse function, and auto-shutoff for safety. Some models may additionally have features such as travel cups, strainers, or a USB connector for easy charging.
The portable blender market is highly competitive, with manufacturers continually introducing new features and innovations to attract consumers. There have been improvements in battery life, blending power, and smart features like connectivity with voice control integration owing to the technological advancements. Portable blenders are frequently used by fitness enthusiasts, athletes, and working professionals to produce protein shakes, pre-workout drinks, and post-workout recovery beverages. The rise in awareness of active lifestyles has contributed to the demand for portable blenders. Fitness enthusiasts, athletes, and people who engage in physical activities often rely on portable blenders to prepare protein shakes, pre-workout or post-workout beverages. Fitness enthusiasts often have specific dietary preferences or nutritional requirements. Portable blenders allow users to customize their blends by controlling the ingredients, portion sizes, and nutrient ratios. This empowers individuals to create personalized, nutrient-dense beverages tailored to their fitness goals and dietary needs.
Portable blenders might not be as functional as bigger countertop blenders. They frequently lack features like variable speed settings, or advanced blending possibilities. Numerous cheap portable blenders with subpar parts are available. Due to their compact and lightweight design, portable blenders may be more susceptible to wear and tear, especially with frequent travel or outdoor use. The durability and longevity of portable blenders can vary across different brands and models. Some consumers may be concerned about the potential fragility or limited lifespan of portable blenders, which could deter them from investing in these products. These factors are predicted to restrict the market revenue growth during the forecast period.
Social networking sites have a huge impact on consumer trends and behavior. On platforms like Instagram and YouTube, influencers and health-conscious people frequently share recipes and ideas as well as their own creations. The demand for portable blenders is driven by these platforms, which raise awareness, stimulate ideas for uses, and have an impact on buying choices. Direct-to-consumer business strategies, e-commerce websites, and online platforms have become more popular. Online channels are well-liked by customers due to the simplicity of online purchasing, the availability of the product variety, and the ability to read user reviews and compare pricing. These platforms are being used by manufacturers to reach a larger audience and sell their portable blenders to clients throughout the world. All these factors are expected to create excellent growth opportunities for the market players during the upcoming years.
The COVID-19 pandemic had a wide-ranging impact on various industries, including the portable blender market. Decline in portable blender sales resulted in higher prices in the post-pandemic period. Supply networks were also disrupted as a result of lockdown measures and travel restrictions. This caused delays in product manufacturing, delivery, and availability, hampering both production capacity and customer access. However, because of time constraints and greater time spent at home, many people have turned to preparing meals at home. Portable blender has become a popular kitchen device as it allows users to easily mix ingredients and make a variety of shakes and smoothies.
The key players profiled in this report include: Conair Cuisinart, Pop Babies, Oster, BILACA, Hamilton Beach, Keyton, Little bees, Blufied, NutriBullet, and BELLA. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as collaborations and acquisitions.