Global Blender Market

Blender Market Size, Share, Growth Analysis, By Product Type, By Technology, By Application, By Distribution Channel, By Region - Industry Forecast 2024-2031


Report ID: SQSG25I2004 | Region: Global | Published Date: December, 2024
Pages: 165 | Tables: 65 | Figures: 75

Blender Market Regional Insights

In 2021, North America dominated the global blender market. Due to the wide availability of secure, hygienic products, the blender market in North America is predicted to expand at a high rate throughout the forecast timeframe. Sales of blenders are expected to soar in the coming years due to the rising demand for processed foods in the US, Canada, and Mexico. Customers in North America, especially in the US, tend to maintain a healthy diet and consume more nutrient-dense foods, which is expected to lead to a significant increase in the market penetration of portable blenders in the area.

The desire for healthy and nutritious food and beverage items with new and improved flavors, as well as rising disposable income in India, Japan, and other Southeast Asian nations, are expected to drive the market in the Asia Pacific to rise at a substantial rate during the forecast period. The processing and production of food and drinks in the processed food industry are being improved by government programs.

Due to its expanding economic profile, Latin America has had the quickest growth among the other areas of the world. However, the economic crisis brought on by Covid-19 poses a threat to this market as well.

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Global Blender Market size was valued at USD 3.20 billion in 2022 and is poised to grow from USD 3.39 billion in 2023 to USD 5.32 billion by 2031, growing at a CAGR of 5.8% during the forecast period (2024-2031).

Due to local market competition between numerous small regional competitors and well-known international brands, the blender industry is fragmented. Since local players typically provide more affordable items due to lower prices and taxes on completed goods, labor, and raw materials, this rivalry is likely to worsen in the future. The market has become even more fragmented as a result of several significant consumer electronics manufacturers gradually entering the blender business. 'Vitamix ', 'Blendtec ', 'Breville ', 'Hamilton Beach ', 'KitchenAid ', 'SharkNinja ', 'Sunbeam Products ', 'Cuisinart ', 'Capital Brands ', 'Braun ', 'Smeg ', 'Panasonic ', 'Philips ', 'Kenwood ', 'Electrolux ', 'Conair Corporation ', 'Hurom ', 'Bosch ', 'Russell Hobbs'

The main drivers propelling the growth of the hand blender market are improved hand blender performance and functionality. Additionally, factors including technological advancements have led to the creation of sophisticated and automated hand blenders, which will in turn increase demand for them through the forecast period.

A developing trend in the industrial jar blender market is the creation and use of BPA-free jars. As a manufactured substance, BPA has the potential to be damaging to human health, especially in the development of the brain and prostate glands in fetuses, newborns, and children. Because of this, producers are putting more emphasis on providing consumers with BPA-free materials.

In 2021, North America dominated the global blender market. Due to the wide availability of secure, hygienic products, the blender market in North America is predicted to expand at a high rate throughout the forecast timeframe. Sales of blenders are expected to soar in the coming years due to the rising demand for processed foods in the US, Canada, and Mexico. Customers in North America, especially in the US, tend to maintain a healthy diet and consume more nutrient-dense foods, which is expected to lead to a significant increase in the market penetration of portable blenders in the area.

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Global Blender Market

Report ID: SQSG25I2004

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