Blenders And Juicers Market Size, Share, Trends, Value 2030

Blenders And Juicers Market: Overview

The Global Blenders And Juicers Market accounted for almost USD 3129.9 million in 2020 and is likely to cross almost USD 4737.35 Million by end of 2028, developing at a CAGR of almost 6.1% from 2021 to 2028.

Blenders and juicers have become an integral part of modern kitchens. These devices provide a convenient solution to create blended food products and beverages. Though blenders and juicers vary in the way they work, these products are widely used interchangeably by a vast majority of the population. Moreover, rising technology integration and new product launch are contributing to the demand for new products across developing as well as countries. Key manufacturers are adopting strategies such as new product launches, and collaboration for product innovation and development. These factors are contributing to increasing the competitive rivalry among the leading players operating in the market.

COVID-19 Impact Analysis

The pandemic has significantly impacted the industry. Nonetheless, food processing is a necessary industry, and beverages & confectionary manufacturers and bakeries have worked tirelessly to keep their operations up and running. This has resulted in a medium impact on the blenders and juicers market. However, disruption in the manufacturing of blenders and juicers due to the implementation of lockdowns across the leading manufacturing countries has impacted the global blenders and juicers market. The demand has increased significantly owing to shifting preference towards homemade vegetable and fruit juices. The market is anticipated to bounce back and regain its full potential during the next couple of years.

Blenders And Juicers Market: Growth Factors

The blenders and juicers market is expected to rise in response to the rising demand for homemade foods and beverages across the globe. Additionally, the rise in the adoption of advanced products such as portable blenders, portable juicers, and multi-functional kitchen appliances are among the key factors driving the growth of the global blenders and juicers market. For instance, the adoption of portable blenders and juicers, the size of a water bottle, is on the rise in developed countries such as the U.S., the U.K., and Germany, to name a few. This is a major factor driving the growth of the global blenders and juicers market. Integration of multiple kitchen appliances into a single unit is another factor responsible for driving the growth of the global blenders and juicers market.

Blenders And Juicers Market: Report Scope

Application Segment Analysis Preview

Based on application, the global blenders and juicers market is segmented into bakery, dairy, beverage, confectionery, and others. The bakery applications contributed a prominent share to the global blenders and juicers market in 2019 and are anticipated to grow at a significant rate during the forecast period 2021 – 2028. The growth of the bakery segment is attributed to rising demand for blenders from the expanding bakery industry across the globe. The shifting trends toward baking at home and the emergence of baking as a house-run business in major developing countries are the key factors contributing to the growth of the global blenders and juicers market.

The beverages segment accounted for a major share of the global blenders and juicers in 2019 and is anticipated to be the fastest-growing segment during the forecast period. The key factors contributing to this growth are the rising geriatric population, increasing health awareness, rapid growth in the obese population, and rising disposable income across major countries such as India. The growth in the geriatric population is indirectly contributing to the rising demand for juices and beverages from the household end users, due to high nutritional value and ease in consumption of fresh beverages. Moreover, due to rising health awareness and growth in the obese population, the preference for fresh vegetable and fruit juices is on the rise. Fresh vegetable and fruit juices and smoothies are considered highly beneficial for health owing to their low-calorie content and nutritional value. The majority of the population is shifting towards self-made or homemade juices, thereby contributing to the growth of the blenders and juicers market.

The confectionery and dairy segment collectively accounted for approximately 50% share of the global blenders and juicers market in 2019. The growth in the dairy segment is primarily attributed to the rising adoption of advanced technologies in the production of dairy products. Replacement of traditional blenders with new and improved models of is expected to drive the growth of the global blenders and juicers market during the forecast period.

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Blenders And Juicers Market: Key Players & Competitive Landscape

Some of the key players in the global blenders and juicers market are Phillips, Omega, Panasonic, Kuvings, Cuisinart, Braun, Breville, Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Foshan Shunde Ouke Electrical Appliances Holdings Co. Ltd., and Oster among others.

Blenders And Juicers Market: Regional Analysis Preview

Asia Pacific region contributed the largest share to the global blenders and juicers market in terms of revenue and volume in 2019 and is anticipated to be the fastest growing segment during the forecast period. The factors driving the demand for blenders and juices in the Asia Pacific are the increasing disposable income, expansion of the electrical manufacturing industry, and rising health awareness. The expansion of the electrical manufacturing industry has resulted in the availability of affordable blenders and juicers. Additionally, manufacturers are engaged in the development of new, advanced, and portable products to meet the rising demand from the expanding customer base across India, China, Indonesia, and Bangladesh.

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North America contributed a prominent share to the global blenders and juicers market in 2019 and is expected to grow at a steady compound annual growth rate during the forecast period. Rising demand for nutritious food and traction for a healthy diet are the key forces driving the North American blenders and juicers market. The penetration of advanced products, such as portable blenders, is increasing in the U.S. fuelled by rising health awareness, thereby contributing to the growth of the blenders and juicers market in North America.

Blenders And Juicers Market: Competitive Analysis

The global Blenders And Juicers market is dominated by players like:

• Phillips
• Omega
• Panasonic
• Kuvings
• Cuisinart
• Braun
• Breville
• Guangdong Xinbao Electrical Appliances Holdings Co. Ltd
• Foshan Shunde Ouke Electrical Appliances Holdings Co. Ltd
• Oster

The Global Blenders And Juicers Market is segmented as follows:

By Applications

• Bakery
• Dairy
• Beverage
• Confectionery
• Others (sauces, ice crush, etc.)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa