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