The Food Blenders And Mixers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Food Blenders And Mixers Global Market Report 2024, The food blenders and mixers market size has grown strongly in recent years. It will grow from $8.48 billion in 2023 to $9.15 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to rise in demand for functional and fortified foods, focus on texture and mouthfeel enhancement, consumer trend towards healthier food options, rise in demand for processed and packaged foods, globalization of food supply chains..
The food blenders and mixers market size is expected to see strong growth in the next few years. It will grow to $12.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to focus on clean label and natural ingredients, market expansion in developing economies, demand for customizable and scalable equipment, focus on waste reduction and process efficiency, increased demand for baby food and nutritional supplements.. Major trends in the forecast period include rise in demand for customization and flexibility, trend towards sustainable materials and design, adoption of clean-in-place (cip) systems, market emphasis on durability and longevity, focus on noise reduction and user comfort..
Rising demand for bakery products is expected to propel the growth of the food blenders and mixers market going forward. Bakery products refer to a wide range of food items that are baked in an oven, such as bread, cakes, pastries, cookies, muffins, croissants, and bagels. Food blenders and mixers play a vital role in the preparation of bakery products by providing efficient and consistent mixing, blending, and kneading of ingredients. For instance, in April 2023, according to the report published by Agriculture and Agri-Food Canada, a department of the Government of Canada, the global retail sales of baked goods reached a total of $407.2 billion in 2021, representing a growth of approximately 20% from $340.2 billion in 2017. Furthermore, retail sales in the United States amounted to $67.98 billion in 2021, an increase from $58.31 billion in 2017. Therefore, rising demand for bakery products is driving the growth of the food blenders and mixers market.
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The food blenders and mixers market covered in this report is segmented –
1) By Type: High Shear Mixer, Shaft Mixer, Screw Mixer And Blender, Double Cone Blender, Ribbon Blender, Planetary Mixer, Other Types
2) By Technology: Batch Mixing, Continuous Mixing
3) By Mode Of Operation: Automatic, Semi-Automatic
4) By Application: Bakery, Dairy, Beverage, Confectionary, Other Applications
5) By End-User: Household, Commercial
Top Major Players
Whirlpool Corporation
Tetra Laval International S.A.
Electrolux AB
GEA Group AG
Alfa Laval AB
Technological improvements are a key trend gaining popularity in the food blender and mixer market. Major companies operating in the food blender and mixer market are adopting innovative technologies to sustain their position in the market. For instance, in October 2022, JBT Corporation, a US-based machinery manufacturing company, launched FVPGrow and Chopper Blender SE technologies. These are made exclusively for processing juice and purée for consumers requiring more compact, adaptable technology throughout their production lines. To create a liquid or semi-liquid product out of various fruits and vegetables, the FVPGrow technology removes seeds, skins, and extra particle material. Depending on the source material, it delivers continuous juice extraction at up to one ton per hour.
The food blenders and mixers market report table of contents includes:
1. Executive Summary
2. Food Blenders And Mixers Market Characteristics
3. Food Blenders And Mixers Market Trends And Strategies
4. Food Blenders And Mixers Market – Macro Economic Scenario
5. Global Food Blenders And Mixers Market Size and Growth
………………………..
32. Global Food Blenders And Mixers Market Competitive Benchmarking
33. Global Food Blenders And Mixers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Food Blenders And Mixers Market
35. Food Blenders And Mixers Market Future Outlook and Potential Analysis
36. Appendix
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