Food Blenders and Mixers Market: Overview
The market size for Food Blenders and Mixers Market was USD 7.1 Billion in 2021, and it is projected to grow at a CAGR of 5.5 percent during the forecast period. Increased consumption of bakery goods, dairy goods, drinks, etc., and rising demand for food blenders and mixers for home and commercial uses, are the main factors propelling market revenue development. Other significant factors contributing to the rising demand for food blenders & mixers, which in turn is expected to drive global market growth, include the rapidly expanding food processing industry, rising disposable income, and rising demand for convenience food due to a hectic lifestyle. Around 25.8 million blenders were sold through retail channels in the United States in 2019, according to Statista.
Faster mixing and blending, high precision, and hygiene-two of the most crucial features in this industry-are all made possible by technological advancements made by the leading competitors in this market. These advancements in processing technology provide food and beverage producers the freedom to select equipment that can mix and blend with various features, including weighing and cooling. Many participants in the food and beverage sector still use outdated facilities, which use outdated processing techniques, need a large amount of labor, and have low productivity per unit of time. Due to the rising demand for several food and beverage goods, producers in these sectors are eager to install automated machinery and systems in their modern production facilities.
Numerous international and local players offer food blender and mixer equipment on the market, catering to various players in the food and beverage industry. However, well-known businesses with operations or headquarters in developed countries primarily use these machines in manufacturing. Small-scale and local businesses operating in emerging markets are generally unaware of the benefits of using food blending and mixing equipment to speed up processes and produce accurate results. These businesses frequently use manual procedures that are small-scale, traditional, and include human interaction when blending and mixing materials for food or food products. Tetra Pak and Hexagon's PPM division, a major international software provider for designing, building, and managing plants, ships, and offshore installations, partnered in January 2020. Tetra Pak will benefit from this agreement by expanding its Smart Solutions Platform, which will allow the company to work with clients on a global scale while designing a comprehensive manufacturing facility, meeting client needs, keeping up with the growing demand for food blenders and mixers, and ensuring a seamless project implementation.
Food Blenders and Mixers Market: COVID-19 Impact
The COVID-19 pandemic has caused the closure of numerous operations. The situation's overall unpredictability impacts the market for food blenders and mixers. Numerous manufacturing facilities were shut down due to different restrictions imposed by the national and municipal governments, including lockdowns and limits relating to a limited workforce. Due to these lockdowns, most enterprises' revenues were at risk of stagnation, making them hesitant to make substantial capital expenditures on these machines. Several food and beverage manufacturing companies have also scaled back their infrastructures by shutting down certain operations or business divisions, necessitating the use of fewer machines, particularly multi-functional ones that can help these businesses increase their production volumes, profit margins and reduce additional costs associated with specialized equipment used in food processing. As opposed to before COVID-19, the worldwide players in the market for food blenders and mixers are having difficulty providing their services and goods at their full potential because of disrupted supply chains and logistical infrastructure. Together, these obstacles will prevent the market from expanding. However, factors including a shortage of laborers will compel businesses to invest in automated machinery, enhancing demand for businesses that make automated blenders and mixers.
Food Blenders and Mixers Market: Drivers
Development of Innovative Technologies is Fuelling Market Expansion for Combining Food and Beverages
Faster mixing and blending, high precision, and hygiene-two of the most crucial features in this industry-are all made possible by technological advancements made by the leading competitors in this market. These advancements in processing technology provide food and beverage producers the freedom to select equipment that can mix and blend with various features, including weighing and cooling. Many participants in the food and beverage sector still use outdated facilities, which use outdated processing techniques, need a large amount of labor, and have low productivity per unit of time. Due to the rising demand for several food and beverage goods, producers in these sectors are eager to install automated machinery and systems in their modern production facilities. The efficiency of these businesses will increase when outdated processing equipment is replaced with cutting-edge technology.
Expanding Food Processing Industry is driving growth of Food Blender and Mixer Market
The rapidly expanding food processing sector worldwide is the key driver of market expansion. Due to rising per capita income, changing lifestyles, and urbanization, the demand for processed and packaged foods is rising more quickly in developing and developed nations. Due to their busy lifestyles, people choose convenience meals over cooking at home. Because food blenders and mixers are widely used in the food processing business to blend dough, beat various substances, and create pastes out of diverse materials, all these elements are causing the food processing sector to expand.
Food Blenders and Mixers Market: Restraints
Market Growth for Food Blenders is being Hampered by a Lack of Infrastructure and Consumer Awareness in Some Developing and Underdeveloped Areas
Numerous international and local players offer food blender and mixer equipment on the market, catering to various players in the food and beverage industry. However, well-known businesses with operations or headquarters in induindustrializedntries primarily use these machines in manufacturing. Small-scale and local businesses operating in emerging markets are generally unaware of the benefits of using food blending and mixing equipment to speed up processes and produce accurate results. These businesses frequently use manual procedures that are small-scale, traditional, and include human interaction when blending and mixing materials for food or food products.
Food Blenders and Mixers Market: Segment Overview
Beverages Segment is Dominating Market Due to Rise in Demand for Healthy Beverages
Based on application, the market for food blenders and mixers has been divided into segments for bread items, dairy products, confectionery, and drinks. Due to the rising consumption of healthy beverages like juice and smoothies by the expanding population of health-conscious consumers, the beverage segment will dominate the food blenders and mixers market shortly. Additionally, the market is anticipated to be driven by a faster increase in the consumption of processed or ready-to-drink beverages. For instance, ready-to-drink (RTD) coffee and ready-to-drink (RTD) tea are in high demand in the United States, according to Statista. Starbucks, a leading RTD beverage manufacturer, had over 31 thousand coffee houses in 2019. RTD tea sales in the US increased by 1.1 percent from 2017 to USD 7.78 billion in 2018.
Batch Mixing category is Dominating Market due to Affordability
On a technological level, the market for food blenders and mixers is dominated by the batch mixing category. Batch mixing: Most food production and processing industries utilize mixers and blenders to produce commodities and ingredients in specified quantities or groups. The batch mixing is employed when production volumes are small, component qualities are prone to change over time, and accurate mix composition control is required. Batch mixing technology has thus far dominated the market for food blenders and mixers because it is affordable, can create items of the right quality, and offers options for customization and homogeneity.
Food Blenders and Mixers Market: Regional Landscape
North America to Dominate Market due to Well established Food Industry
The North American market is anticipated to represent a significant revenue share during the projected period. The North American food blenders & mixers market is expanding due to the region's well-established food industry, technological advancements in food machinery, appliances, and equipment, and rising consumption of processed foods like bakery goods, dairy goods, beverages, etc. The food blenders & mixers market in North America is anticipated to expand due to the high production volumes of these tools, which are widely employed in the food sector. Moreover, increasing investments in technological advancements by manufacturers operating in the region further drive the growth of the North American market. For instance, ready-to-drink (RTD) coffee and ready-to-drink (RTD) tea are in high demand in the United States, according to Statista. In 2019, Starbucks, one of the top RTD beverage manufacturers, had over 31,000 coffee shops. RTD tea sales in the US increased by 1.1 percent from 2017 to USD 7.78 billion in 2018. Additionally, the market for supplement protein RTD beverages brought in USD 1.18 billion in the United States in 2018.
The need for new and improved flavors in healthy and nutritious food and beverage items from the Asia-Pacific region's expanding middle class has increased the requirement for expanding the food blenders and mixers industry. The market for food blenders and mixers is also driven by densely inhabited areas, which blender and mixer businesses have not fully exploited. Thus, growth rates are still very strong in the beverage, confectionery, dairy, and R.T.E. industries. The processing and manufacture of food and beverages have been boosted in the area thanks to various activities carried out by various national and local administrations. The growth of value-added products has been aided by industrialization strategies (of which only a few include FDI and the creation of Export-Processing Zones) undertaken by governments of developing countries. These policies have fueled the processing industry. Blenders and mixers now have more chances thanks to the region's recent increased unindustrialized expansion and advancements in the food and beverage sector.
Food Blenders and Mixers Market: Competitive Landscape
The KHS Group will strategically invest €20 million (USD 23.50 million) in May 2020 to modernize its plant in Dortmund, Germany, where it has its headquarters. This development will help the business increase its competitiveness and put it in a better position to provide tailored solutions for its clients. Tetra Pak and Hexagon's PPM division, a leading global provider of software for the design, construction, and operation of plants, ships, and offshore facilities, entered a strategic partnership in January 2020. Tetra Pak will gain from this partnership by improving its Smart Solutions Platform, allowing the company to work with clients globally, design a full production facility that meets client needs, and ensure project execution goes smoothly.
Few of the players in the Food Blenders and Mixers Market include GEA Group Aktiengesellschaft (Germany), ARDE Barinco (US), Tetra Laval International S.A. (Switzerland), Krones AG (Germany), SPX Flow Inc (US), Sulzer Ltd. (Switzerland), Buhler Industries Inc (Switzerland), John Bean Technologies Corporation (US), KHS GmbH (Germany), Marel HF (Iceland), Hosokawa Micron Limited (Japan), Paul Mueller Co (US), Alfa Laval Corporate AB (Sweden), EKATO Holding GmbH (Germany), Philadelphia Mixing Solutions Ltd. (US), Diosna GmbH (Germany), Fristam Pumps (US), Pentair PLC (The Netherlands), General Machine Company (GEMCo) (US). Amazon Mixing Technologies (Germany), Primix B.V. (The Netherlands), Silverson Machines Inc. (United Kingdom), Q-Pumps (Mexico), TechnoSilos AP (Italy), Admix Inc (US), Cabbage Shredders (Latvia) Nano Pharm Tech Machinery Equipment Co Ltd (China), TGD Makine San. ve Tic. Ltd. ªti. (Turkey), STK Makina (Turkey), Laser Srl (Italy), UNI-MASZ H.M.Juszczuk Sp.j. (Poland), Valtorta Battaggion Group S.r.l. (Italy) Agitaser (Spain), Automated process equipment corporation (APEC) (US), and FLUIMAC Pump Solution (Italy).
Regional Classification of the Global Food Blenders and Mixers Market is Described Below:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
*Regions and countries are subject to change based on data availability
Key Elements Included In The Study: Global Food Blenders and Mixers Market
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