Food blenders and mixers are the appliances used to mix, grind, and blend the food products for commercial and residential purposes. A mixer helps prepare foods that need mixing and beating, and a blender is used to combine food and other substances, resulting in a consistent and smooth thick texture. Blenders are used in bakeries and confectioneries mainly for dough preparation to make cakes and other bakery products. The demand for mixers and blenders is growing at a fast pace, primarily for domestic use.
According to Statista, in 2019, around 25.8 million units of blenders were sold through retail channels in the U.S. Some of the significant factors responsible for the growth of the food blenders and mixers market are consumers' dependence on prepared foods and fast foods due to changing lifestyles, robotics and automation in mixing and blending equipment, and increasing consumption of beverages, among others.
Food Blenders and Mixers Market Anticipated to Touch a CAGR of 7.22% During the Forecast Period 2023-2031.
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The globally growing food processing industry is the primary factor for market growth. The demand for processed foods and packaged foods is increasing at a higher pace in the developing and developed countries owing to the increasing per capita income, changing lifestyle, and urbanization. People are opting for convenience food and avoiding preparing foods at home due to their hectic lifestyles.
All these factors are giving acceleration to the food processing industry, which is expected to propel the food blenders and mixers market as they are extensively used in the food processing industry to blend dough, beat several substances, and make a paste of various ingredients.
According to the United States Department of Agriculture (USDA), in 2017, there were 36,486 food and beverage processing plants in the U.S. owned by 31,401 companies. According to Statista, the revenue that is expected to generate from the food market in 2020 is USD 7,488,160 million and is expected to grow 3.6% annually. This growth in the food market is expected to significantly impact the food blender and mixer market in the near future.
The food blenders and mixers market has been segmented into bakery products, dairy products, confectionery, and beverages based on application. Among all these segments, the beverage segment is expected to dominate the food blenders and mixers market in the near future owing to the increasing consumption of healthy beverages such as Juice, Smoothie, among others, by the growing health-conscious demographics. Moreover, the consumption of processed or ready to drink beverages increases faster, which is further expected to drive the market. For instance, according to Statista, the demand for ready-to-drink (RTD) coffee and ready to drink tea is increasing at a fast pace in U.S. Starbucks, one of the leading RTD beverage manufacturer firms has over 31 thousand coffee houses in 2019. The sales of RTD tea in the U.S. reached USD 7.78 billion in 2018 grew by 1.1 percent from the previous year. Moreover, in 2018, the supplement protein RTD beverages market generated revenue of USD 1.18 billion in the U.S. By considering these factors, it is expected that the beverage segment will dominate the food blenders and mixers market in the near future.
Based on end-user, the market has been segmented into households and commercials. The Household segment is expected to dominate the market due to increasing food preparation at home. It is extensively used in making pastes such as ginger and garlic, making juice, and several similar applications. Mixers and blenders have become important kitchen appliances nowadays. However, the commercial segments hold most of the blender's market shares due to the extensive use in the bakery, confectionery, and beverage manufacturing.
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Asia-Pacific is expected to grow at the highest rate in the food blenders and mixers market during 2020-2029. The growth can be attributed to the growing middle-class demographics in the region and increasing disposable income. The consumers in the region are demanding healthy and nutritious food and beverages with new and enhanced flavors. Moreover, the growing government investments and initiatives for the region's industrial and manufacturing sector is further anticipated to propel the market growth. Industrialization policies that include FDI (Foreign Direct Investment) and Export Processing Zones adopted by several developing nations such as India are driving the food processing industry. Such improvements in the food and beverage sector in the region have opened a way for the high growth of food blenders and mixers.
Europe is the dominating market for food blenders and mixers due to a large food processing industry. According to the FoodDrinkEurope, the European food and beverage industry employs 4.57 million people. The food and beverage industry's turnover was around USD 1.3 trillion and USD 263 million in value-added; this makes the food and beverage industry the largest industry in Europe. Moreover, the demand for beverages is high in Europe. All these factors are responsible for the regional market growth.
The food blenders and mixers market also include various tier 2 and tier 3 players such as:
|Market Size||USD in Billion By 2031|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends|
|Segments Covered||by Type (Ribbon), Application (Confectionery), Technology (Batch), Mode of Operation, Distribution Channel|
|Geographies Covered||North America, Europe, Asia-Pacific, LAME and Rest of the World|
|Key Companies Profiled/Vendors||GEA Group Aktiengesellschaft (Germany), Tetra Laval International S.A. (Switzerland), Krones AG (Germany), SPX Flow Inc (U.S.), Marel HF (Iceland), Sulzer Ltd. (Switzerland), Buhler Industries Inc (Switzerland), John Bean Technologies Corporation (U.S.), KHS GmbH (Germany), Hosokawa Micron Limited (Japan), Paul Mueller Co (U.S.), Alfa Laval Corporate AB (Sweden), EKATO Holding GmbH (Germany), Philadelphia Mixing Solutions Ltd. (U.S.), Diosna GmbH (Germany), SilversonMachines Inc. (United Kingdom), Fristam Pumps (U.S.), Pentair PLC (The Netherlands), ARDE Barinco (U.S.), General Machine Company (GEMCo) (U.S.),|
|Key Market Opportunities||Growing Prevalence Of Advanced Materials Industry Helps To Grow Food Blenders And Mixers Market Share|
o Ice-cream and Frozen Desserts
o Alcoholic Beverages
o Non-Alcoholic Beverages