PUBLISHER: Acute Market Reports | PRODUCT CODE: 1299781
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1299781
Food blenders and mixers market is expected to grow at a CAGR of 5.5% by 2031. Consumption of processed food has increased drastically over the past few years and this has intensified the demand for food blenders and mixer all over the globe. Blenders are multipurpose appliance used in various fields. The most important function of blender is ice crushing. Apart from this it is also utilized to emulsify softer food ingredients such as fruit and yogurt.
The global food blenders and mixers market is growing at a higher pace and is anticipated to attain significant growth over the next seven years till 2023. Intensifying food processing industry along with rising consumption of bakery, confectioneries and beverages in developing regions is expected to outpace the growth of food blenders and mixers market over the period 2016-2023.
At present, Europe region captured the maximum share in revenue of food Blenders and mixers market and is anticipated to dominate over the forecast period. Increasing consumption food based products such as snacks, dairy products and bakery items has intensified the growth of Europe food blenders and mixers market. Rising consumption of processed food products due to rising health consciousness is anticipated to intensify the growth of Asia food blenders and mixers market during the forecast period.
The global food blenders and mixers market is mainly concentrated in Europe. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Hosokawa Micron Corporation, Tetra Laval International S.A., John Bean Technologies Corporation, GEA Group, Sulzer Limited, Buhler Holding AG, KHS GmbH, Krones AG, Marel HF, and SPX Corporation.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Food Blenders and Mixers market are as follows:
Micro and macro environment factors that are currently influencing the Food Blenders and Mixers market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.