Press release
Milk Frother Market To Reach A Value Of US$ 645.4 Million By The End Of 2032
Global sales of milk frothers stood at a valuation of US$ 347.2 million at the end of 2021. Forecasts are that the global milk frother market is likely to expand at a CAGR of 5.9% and reach a value of US$ 645.4 million by the end of 2032.
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Milk Frother Consumption Analysis (2017-2021) Vs. Market Outlook (2022-2032)
Milk frothers are used for coffee drinks and add a foamy touch to any latte, cappuccino, cold foam, and cold brew. Consumers also demand combination drinks that can easily be achievable by milk frothers. Milk frothers create tiny microbubbles and a creamy texture while increasing the overall volume of the drink.
Latest market analysis by Fact.MR, a market research and competitive analysis provider, states that the global market for milk frothers expanded at a CAGR of 2.5% over the 2017-2021 historical period. Plug-in milk frothers and battery-powered milk frothers are replacing traditional coffee-making accessories at a rapid pace.
Manufacturers of milk frothers are establishing strategic partnerships with local cafes and full-service restaurants to showcase their products and use them as a medium to advertise. Product pricing is an important factor in the milk frother market. Continuous R&D and investments are necessary, which makes it difficult for small-scale milk frother manufacturers to sustain in this dynamic market.
Fact.MR predicts the global market for milk frother systems will rise at 5.9% CAGR over the next ten years (2022-2032).
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Segmentation of Milk Frother Industry Survey
Milk Frother Market by Type/Power Source:
Manual Milk Frothers
Automatic Milk Frothers
Plug-in/Electric Milk Frothers
Battery-powered Milk Frothers
Milk Frother Market by End User:
Household/Residential Milk Frothers
Commercial/HORECA Milk Frothers
Hotels
Full-Service Restaurants
Fast Food Outlets/Quick Service Restaurants
Caterers
Cafeteria
Others
Milk Frother Market by Sales Channel:
Offline Sales of Milk Frothers
Convenience Stores
Departmental Stores
Homeware/Gift Stores
Supermarkets/Hypermarkets
Others
Online Sales of Milk Frothers
e-Commerce Websites
Company Websites
Milk Frother Market by Region:
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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Competition Landscape
Breville Group Limited, JURA Inc, Glen Dimplex Group, Koninklijke Philips N.V., Keurig Dr Pepper Inc, Melitta Group Management GmbH & Co. KG, Nestlé SA, Glen Dimplex Group, and Sunbird Technology Development Co., Limited are some of the top companies in the milk frother market.
Milk frother brands from the top two tiers have started collaborating with small-scale manufacturers who have a more local customer base and advanced technology. The price point of automatic milk frothers plays a vital role in catching consumers' attention, and most manufacturers are focusing on reducing packaging and supply chain costs to reduce the product's final cost.
Fact.MR has provided detailed information about the overall strategies adopted by key suppliers of milk frothers, along with a detailed overview of the milk frother market analysis by type/power source, including SWOT analysis and sales generated from target products.
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