PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1241352
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1241352
Food blenders and mixers are the equipment used to mix, grind, and blend food products for residential and commercial purposes. Blenders and mixers are used in various industries such as bakeries, confectionaries, hospitality, and retail chains. In recent years, the high demand for food blenders and mixers has risen dramatically due to the rising demand for ready-to-eat food and the utility derived by consumers and professional users.
The food blenders & mixers market is expected to grow at a steady rate of around 6% owing to the shift in technology and consumers' willingness to spend more on recreational activities which in turn boosts demand for processed foods and drinks which ultimately benefits the global food blenders & mixers market. Major companies in the market offer blenders & mixers for residential and commercial purposes. For instance, Tetra Pak, a subsidiary of Tetra Laval has developed a processing method for soya drinks, which utilizes the entire soybean in the production cycle. This reflects that plant-based drinks are becoming popular in developed countries.
Based on type, the market is segmented into shaft mixers, high-shear mixers, planetary mixers, ribbon blenders, and others. The high-shear mixers category is expected to witness higher CAGR during the forecast period owing to the growing demand for high-shear mixers from developing nations such as China, India, and Mexico, among others. The high-shear mixers enhance product quality and increase efficiencies which help manufacturers with a variety of formulation mixes, therefore, boosting the global high-shear mixer market.
Based on application, the food blenders & mixers market has been classified into the bakery, dairy, beverage, confectionary, and others. Among them, the beverage category is to witness higher adoption of food blenders and mixers during the forecast period. The demand for healthy drinks is increasing and consumers' disposable incomes are also growing at a rapid pace. In a nutshell, the consumption of processed or ready-to-drink beverages increased rapidly, which resulted to drive the market.
Based on end-users, the market has been categorized into households and commercials. The household segment is expected to dominate the market due to ever-increasing food preparation at home. Blenders & mixers are used extensively in making pastes, juices, and several other applications. Mixers and blenders have become essential kitchen appliances nowadays. However, the commercial segments hold a great share of the blenders & mixers market due to their widespread use in bakery, confectionery, and beverage manufacturing.
For a better understanding of the market adoption of the Food Blenders & Mixers Industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Europe is anticipated to grow at a substantial CAGR during the forecast period. Owing to the extensive use of advance food processing machinery that assist in reducing overall processing time and improves operational efficiency. In addition, rising consumption of processed foods like snacks, bakery, and dairy by consumers coupled with increased disposable income is contributing towards the growth of the market in the region.
Some of the major players operating in the market include: GEA Group Aktiengesellschaft, Tetra Laval, Krones AG, Sulzer Ltd, Buhler, JBT Corporation, KHS Group, SPX Flow, Hosokawa Micron Group, and Charles Ross And Son Company.