Food Blender and Mixer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 - 2025
Food Blender and Mixer Market size was valued as $2.33 billion in 2019 and is poised to grow at a CAGR of 6.71% during the forecast period 2020-2025. Food blender & mixer, unlike food processors, are multipurpose appliances, which are used in the various emulsifying processes in business, home, and laboratory applications. A blender has another name as liquidizer, and used to emulsify food and other substances. Blenders blend food ingredients into a smooth and consistent thick texture. A powerful blender can crush ice. Food blender and mixer consist of blender jar fixed with a cap at the top to stop ingredients from escaping. It also consists of a rotating metal blade at the bottom, powered by an electric motor at its base, designed to grind various food ingredients. Different food blenders and mixers perform different operations but the main function is to meet the consumer needs.
The Food blender and mixer market is currently growing at a rapid pace and is poised to grow at a significant growth rate owing to the recent advancement in blender and mixer designs, meeting their requirement for consistency and growing new products while also lowering the production costs. The rising processed food industry is another factor that is poised to escalate the demand for food blender and mixer all across the globe.
Food Blender and Mixer Market Report Coverage
The report: “Food Blender and Mixer Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Food Blender and Mixer Market.
By Form: Shaft mixers, High shear mixer, Planetary mixer, Ribbon blender, Double cone blender, Screw mixer, and others.
By Technology: Batch, Continuous.
By Application: Bakery, Dairy, Beverage, Confectionary and Others
By Geography: North America, Asia-Pacific, Europe, Rest of World
- Geographically, Europe accounted for the largest market share in the global food blender & mixer market owing to stable economic growth and high demand for food blender & mixer in 2019.
- With rising consumption of beverages, confectionaries, and bakery products, the demand for food blenders and mixers is poised to increase substantially in the forecast period.
- Government initiatives to promote the different food ingredients and increasing trade of these commodities have complemented the overall growth of this industry for the forecast period (2020-2025).
- High cost of food blenders along with rising competition is set to act as challenge for growth of potential market over the forecast period (2020-2025).
By Type- Segment Analysis
The global Food Blender and Mixer market are segmented based on the type of blenders which include shaft mixers, ribbon food blender, high shear mixer, double cone blender, screw mixer, planetary mixer, and others. The high shear mixer dominated the global food blenders and mixers market in 2019 and is estimated to grow at a CAGR of 5.77% during the forecast period 2020-2025. Apart from industrial use, blenders in household like immersion blender, helps to grind and blend ingredients. This segment is set to increase its revenue with the highest CAGR compared to others for the forecast period. As food ingredient needs to mix by their physical characteristics, the food blender, and mixer suppliers provide with specific requirements in terms of mixing equipment such as agitators, blades, and vessels sizes.
By Application Type- Segment Analysis
The application segment of global food blender and mixer market has bakery, dairy, beverage, confectionary and others. The dairy segment further has ice cream, milk, yogurt and others. The bakery segment registers for the highest market share in 2019 and is set to continue for the forecast period (2020-2025) owing to rise in demand for bakery products in developed countries. The beverage segment is set to increase with the highest CAGR growth for the forecast period owing to increase in demand of different beverage products and people's disposable income.
By Geography - Segment Analysis
The global Food Blender and Mixer Market in Europe accounts for the significant share in terms of revenue in 2019 and is poised to maintain its position over the forecast period (2020-2025), owing to the rise in consumption of food products which include snacks, bakery and dairy products in European countries. Following to that North America is growing at a faster rate owing to developing industrialization and higher consumption of food products. Asia-Pacific region is emerging as a lucrative market for food blender & mixer owing to rapidly increasing population and rising disposal income.
Drivers – Food Blender and Mixer Market
- Increase in Consumption
The Growing food processing industry coupled with rising consumption of bakery and dairy food products in developing countries is the major factor poised to drive growth of food blenders and mixers market over the long run. Besides, growing demand for convenience food owing to hectic lifestyles of individuals and robust growth of disposable income are other factors set to augment the growth of global food blenders and mixers market.
The preference of food processing companies is increasingly shifting towards the closed system vacuum technology. This is set to compel food blender and mixer suppliers to adopt this changing preference by manufacturing the closed system for their mixing solutions and drive the growth of market for forecast period (2020-2025)
Challenges – Food Blender and Mixer Market
- Limited Awareness
The limited awareness of food blender and their benefits in some under developed regions is a major factor hampering growth to the target market. Besides, high cost of food blenders coupled with rising competition is poised to restrain growth of potential market over the long run.
Multifunctional Food Ingredients industry outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Food Blender and Mixer Market. Key companies of this market are GEA Group AG, Tetra Laval International S.A., Krones AG, Sulzer Ltd, Buhler Holding AG, JBT Corporation, KHS GmbH, Marel hf., Hosokawa Micron Corporation.
- SPX Flow, the leading food blender and mixer vendors, is providing high shear mixer model, Flex-Mix Instant Mixer, with a closed system. This product comprises of a vacuum feature that provides a consistent quality of mix by deaerating the food contents.
- The leading players have adopted acquisitions and investments & expansions as their key development strategies to explore new and untapped markets, acquiring local players of the industry and constructing a new customer base for long-term client relationships.