Global blenders and juicers market expected to reach USD 3,320.8 million in 2021, growing at a CAGR of 6.1% between 2016 and 2021.
The report provides a forecast and analysis for the blenders and juicers market on a global and regional level. The study provides historic data of 2015 with an estimate from 2016 to 2021 based market revenue (USD million). The study comprises of drivers and restraints along with the impact on the market demand within the forecast period. Furthermore, the report also includes the study of opportunities available in the blenders and juicers market on a global level.
In order to give the users of this report a complete view of the blenders and juicers market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the blenders and juicers market has also been included. The study encompasses a market attractiveness analysis, wherein application and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view on the blenders and juicers market by segmenting the market based on application and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. The major applications of global blenders and juicers market include the bakery, dairy, beverages, confectionery, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. The key players of blender and juicer market include Phillips, Omega, Panasonic, Kuvings, Cuisinart, Braun, Breville, Gaungdong Xinbao Electrical Appliances Holdings Co. Ltd., Foshan Shunde Ouke Electrical Appliances Holdings Co. Ltd., and Oster.
This report segments the global blenders and juicers market as follows:
Global Blenders and Juicers Market: Application Segment Analysis
Global Blenders and Juicers Market: Regional Segment Analysis
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Blenders and juicers– Global Analysis
Chapter 4. Blenders and Juicers Market: Competitive Landscape
Chapter 5. Blenders and Juicers: Application Analysis
Chapter 6. Blenders and Juicers Market: Regional Analysis
Chapter 7. Company Profiles
This report is based on in-depth qualitative and quantitative analyses of the global Blenders and Juicers market. Zion Research has collected and analyzed key data belong to the global Blenders and Juicers market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Blenders and Juicers across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Blenders and Juicers industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Blenders and Juicers market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Blenders and juicers are multipurpose electronic appliances that have a variety of uses in the home and industries. Blenders also emulsify softer food ingredients such as yogurt, which ultimately results in a thick consistency and smooth texture. A juicer is a machine that creates clear juices without fiber and there are different types of juicers with various features available in the market. Centrifugal juicer type is most commonly used in the market. Latest advancements in blender and juicer designs have added advantage to the rising ability of food companies and meeting their requirement for consistency and growing novel products while also lowering production costs.
There are two main types of blenders such as; jug blender and single serving blender. Though the working mechanism of a juicer and a blender is different, both the appliances have common areas of application.
The worldwide market for blenders and juicers is expected to grow at the significant rate due to increasing health consciousness among consumers. Rising disposable income of people in emerging countries and growing demand from industries such as bakery, dairy, and beverages also fuel the demand for blenders and juicers in the forecast period. Emerging countries present a feasible market for blenders and juicers manufacturers, as these regions are budding as potential markets with the easy availability of raw materials. However, tremendous growth in the processed food industry may hamper the market growth in the forecast period. Advancement of new technologies along with innovations of novel products is expected to open lucrative opportunities for the manufacturers operating in the blenders and juicers market.
Global blenders and juicers market has been segmented based on the basis of application and region. On the basis of application, blenders and juicers market is classified into the bakery, dairy, beverage, confectionery, and other applications. Beverage segment accounted for largest share of the market in 2015 owing to increasing health consciousness among consumers. Dairy was the second largest application segment of global blenders and juicers market in 2015 due to the increasing use of blenders in the dairy industry for preparation of dairy products such as ice-cream, milk, yogurt and others.
Geographically, juicers and blenders market can be segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America was the largest market for blender and juicer market in 2015 owing to increased consumption of food products such as bakery, confectionery and dairy products in the U.S. and Canada. Europe is anticipated to be the second largest market in terms of revenue during the forecast period. The market in the Asia-Pacific region is estimated to grow at the higher pace as compared to the market in developed regions.
The blenders & juicers market is fragmented, with the leading companies driving the growth. The study provides qualitative analyses of the well-known market players and their preferred business strategies. The key players of blender and juicer market include Phillips, Omega, Panasonic, Kuvings, Cuisinart, Braun, Breville, Gaungdong Xinbao Electrical Appliances Holdings Co. Ltd., Foshan Shunde Ouke Electrical Appliances Holdings Co. Ltd., and Oster.