Blenders Global Market Report 2024

Description

Blenders are kitchen appliances designed to swiftly and efficiently mix, puree, chop, or liquefy food and liquids. They feature a container with rotating blades at the base, facilitating rapid blending when activated. Blenders are versatile tools used for various culinary tasks, including preparing smoothies, soups, sauces, and more.

The primary types of blender products available are countertop blenders, personal blenders, and hand blenders. Countertop blenders are traditional kitchen appliances positioned on countertops. They typically consist of a motorized base with controls, a removable pitcher or jar, and a blade assembly. Countertop blenders are constructed from materials such as plastic, stainless steel, glass, aluminum, and copper. These blenders are distributed through online and offline sales channels and are suitable for both commercial and household applications.

The blenders market research report is one of a series of new reports from The Business Research Company that provides blenders market statistics, including blenders industry global market size, regional shares, competitors with blenders market share, detailed blenders market segments, market trends, and opportunities, and any further data you may need to thrive in the blenders industry. This blender market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The blenders market size has grown strongly in recent years. It will grow from $2.97 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth witnessed during the historic period can be attributed to several factors including increased demand for energy-efficient kitchen appliances, innovations in blender designs leading to patenting, the surge in health and wellness trends promoting nutritious food preparation, a notable shift towards home cooking practices, and the impact of celebrity endorsements endorsing the use of blenders for various culinary purposes.

The blenders market size is expected to see strong growth in the next few years. It will grow to $4.18 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The forecasted growth is driven by several factors including the demand for convenience and time-saving solutions, the adoption of sustainable and eco-friendly options, the rising consumption of smoothies and milkshakes as dietary preferences evolve, heightened awareness about healthcare leading to more conscious food choices, and an increasing demand for processed foods. Key trends anticipated in the forecast period include the emergence of multi-functional blenders catering to diverse culinary needs, high-power performance blenders for efficient blending tasks, nutrient extraction blenders targeting health-conscious consumers, the incorporation of plant-based and functional ingredients into blending recipes, and continuous design innovation to meet evolving consumer preferences.

The surge in adopting healthy lifestyles is expected to drive the growth of the blenders market. Healthy lifestyles encompass habits prioritizing physical activity, balanced nutrition, and mental well-being, aiming for overall health and vitality. With increased awareness about food ingredients and their impact on health and the environment, there is a growing adoption of healthy eating habits. Blenders play a pivotal role in this trend by enabling users to blend a wide range of fruits, vegetables, nuts, seeds, and other wholesome ingredients into smoothies. They also facilitate the quick and easy pureeing of cooked vegetables and legumes for creating healthy soups, sauces, and purees. For example, findings from an online survey conducted by the International Food Information Council in May 2022 revealed that 52% of Americans followed a specific diet or eating regimen within the previous year, marking a significant increase from 39% and 43% in 2021 and 2020, respectively. Consequently, the growing adoption of healthy lifestyles is a key driver propelling the growth of the blenders market.

Leading companies in the blenders market are actively developing technologically advanced products with innovative accessories, particularly interchangeable attachments, to enhance convenience for users. Interchangeable attachments in blenders refer to additional components or accessories that can be swapped or attached to the main blender unit, enhancing its functionality and versatility. For instance, Blendtec, a US-based blender manufacturer, introduced the all-new Immersion Blender in April 2023. This blender comes with interchangeable attachments including a blending wand, whisk, and chopper, offering versatility in blending, mixing, and pureeing tasks. Equipped with a powerful 350-watt motor and a 20-speed variable dial, the Immersion Blender simplifies various blending tasks while ensuring comfort and control with its soft grip, ergonomic handle, and dual power buttons. Its stainless-steel driveshaft and blade guarantee durability and optimal performance.

In February 2022, Crompton Greaves Consumer Electricals Ltd., an India-based electrical equipment company, acquired a majority stake in Butterfly Gandhimathi Appliances Ltd. for $183.95 million (Rs 1,379.68 crore). This strategic acquisition aims to bolster Crompton's presence in the kitchen appliances market, positioning it as a leading player in India's kitchen appliances segment. The move aligns with Crompton's strategic vision of expanding its core product portfolio and enhancing its offerings in the small domestic appliances category. Butterfly Gandhimathi Appliances Ltd. is an India-based manufacturer specializing in hand blenders, further enhancing Crompton's product range and market position in the blender segment.

Major companies operating in the blenders market are Panasonic Corporation, Whirlpool Corporation, Koninklijke Philips N.V., Stanley Black & Decker Inc., Smeg S.p.A., B. Braun Melsungen AG, Groupe SEB, DoorDash Inc., SharkNinja Operating LLC, Cuisinart, Breville Group Limited, Hamilton Beach Brands Holding Company, Vitamix Corporation, Blendtec Inc., Kuvings, Sunbeam Products Inc., Nutribullet LLC, Weston Products LLC, Gourmia Inc., Cleanblend, Bella Housewares, Kenwood Limited, Tribest Corporation, Waring Commercial Inc., Indpro Engineering Systems Pvt. Ltd.

Asia-Pacific was the largest region in the blenders market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the blenders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the blenders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The blenders market consists of sales of commercial blenders, immersion blender, high-speed blenders, and specialty blenders. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Blenders Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on blenders market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for blenders? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The blenders market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product Type: Countertop Blenders; Personal Blenders; Hand Blenders
2) By Material: Plastic; Stainless Steel; Glass; Aluminum; Copper
3) By Sales Channel: Offline; Online
4) By Application: Commercial; Household
Companies Mentioned: Panasonic Corporation; Whirlpool Corporation; Koninklijke Philips N.V.; Stanley Black & Decker Inc.; Smeg S.p.A.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r17704

1. Executive Summary

2. Blenders Market Characteristics

3. Blenders Market Trends And Strategies

4. Blenders Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Blenders Market Size and Growth

5.1. Global Blenders Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Blenders Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Blenders Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Blenders Market Segmentation

6.1. Global Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Countertop Blenders
Personal Blenders
Hand Blenders
6.2. Global Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Plastic
Stainless Steel
Glass
Aluminum
Copper
6.3. Global Blenders Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Offline
Online
6.4. Global Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Commercial
Household

7. Blenders Market Regional And Country Analysis

7.1. Global Blenders Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Blenders Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Blenders Market

8.1. Asia-Pacific Blenders Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Blenders Market

9.1. China Blenders Market Overview
9.2. China Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Blenders Market

10.1. India Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Blenders Market

11.1. Japan Blenders Market Overview
11.2. Japan Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Blenders Market

12.1. Australia Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Blenders Market

13.1. Indonesia Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Blenders Market

14.1. South Korea Blenders Market Overview
14.2. South Korea Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Blenders Market

15.1. Western Europe Blenders Market Overview
15.2. Western Europe Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Blenders Market

16.1. UK Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Blenders Market

17.1. Germany Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Blenders Market

18.1. France Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Blenders Market

19.1. Italy Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Blenders Market

20.1. Spain Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Blenders Market

21.1. Eastern Europe Blenders Market Overview
21.2. Eastern Europe Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Blenders Market

22.1. Russia Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Blenders Market

23.1. North America Blenders Market Overview
23.2. North America Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Blenders Market

24.1. USA Blenders Market Overview
24.2. USA Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Blenders Market

25.1. Canada Blenders Market Overview
25.2. Canada Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Blenders Market

26.1. South America Blenders Market Overview
26.2. South America Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Blenders Market

27.1. Brazil Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Blenders Market

28.1. Middle East Blenders Market Overview
28.2. Middle East Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Blenders Market

29.1. Africa Blenders Market Overview
29.2. Africa Blenders Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Blenders Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Blenders Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Blenders Market Competitive Landscape And Company Profiles

30.1. Blenders Market Competitive Landscape
30.2. Blenders Market Company Profiles
- 30.2.1. Panasonic Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Whirlpool Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Koninklijke Philips N.V.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Stanley Black & Decker Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Smeg S.p.A.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Blenders Market Other Major And Innovative Companies

31.1. B. Braun Melsungen AG
31.2. Groupe SEB
31.3. DoorDash Inc.
31.4. SharkNinja Operating LLC
31.5. Cuisinart
31.6. Breville Group Limited
31.7. Hamilton Beach Brands Holding Company
31.8. Vitamix Corporation
31.9. Blendtec Inc.
31.10. Kuvings
31.11. Sunbeam Products Inc.
31.12. Nutribullet LLC
31.13. Weston Products LLC
31.14. Gourmia Inc.
31.15. Cleanblend

32. Global Blenders Market Competitive Benchmarking

33. Global Blenders Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Blenders Market

35. Blenders Market Future Outlook and Potential Analysis

35.1 Blenders Market In 2028 - Countries Offering Most New Opportunities
35.2 Blenders Market In 2028 - Segments Offering Most New Opportunities
35.3 Blenders Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer