Press release
Blenders Market Anticipated To Witness Robust Growth, Surpassing $4.48 Billion By 2029
The Blenders Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Blenders Market Size and Its Estimated Growth Rate?
The size of the blenders market has seen significant expansion over the past few years. The market is projected to surge from $3.17 billion in 2024 to $3.41 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.5%. Factors that fueled this growth in the past include increased demand for energy-saving kitchen equipment, proprietary rights to blender designs, the emergence of health and wellness movements, a trend towards home-made cooking, and the impact of celebrity backing.
In the coming years, the blenders market size is projected to experience robust growth. It's predicted to increase to $4.48 billion by 2029, with a compound annual growth rate (CAGR) of 7.1%. The expansion during the forecast period can be due to factors such as convenience, time-saving, environmental sustainability, an upsurge in smoothies and milkshakes consumption, heightening cognizance of health care, and growing demand for processed foods. Key trends to watch during this period include multi-purpose blenders, high-efficiency performance blenders, nutrient extraction blenders, blenders catering to plant-based and functional ingredients, and innovation in design.
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How Are Emerging Segments Shaping the Blenders Market Landscape?
The blenders market covered in this report is segmented -
1) By Product Type: Countertop Blenders, Personal Blenders, Hand Blenders
2) By Material: Plastic, Stainless Steel, Glass, Aluminum, Copper
3) By Sales Channel: Offline, Online
4) By Application: Commercial, Household
Subsegments:
1) By Countertop Blenders: High-performance Blenders, Standard Countertop Blenders
2) By Personal Blenders: Single-serve Blenders, Portable Blenders
3) By Hand Blenders: Corded Hand Blenders, Cordless Hand Blenders
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Which Growth Factors Are Influencing Blenders Market Expansion?
The blenders market is set to experience growth due to the rising uptake of healthy living practices. Emphasizing physical activity, balanced diet, and mental wellness, these healthy lifestyles seek to enhance overall health and vitality. An increasing number of people are embracing these healthy lifestyles as they become more aware of the elements in their food and the effects of their decisions on their well-being and the environment. Blenders, which can mix a wide range of fruits, veggies, nuts, seeds, and other nutritious components into smoothies, facilitate this. They also enable fast and simple pureeing of cooked vegetables and legumes to make nutritious soups, sauces, and purees. For instance, in July 2023, the Office for National Statistics, a British governmental agency, reported that over 86.5% of adults in Great Britain were making lifestyle modifications to address environmental concerns, according to surveys conducted from May to June 2023. Thus, the surge in the adoption of healthy lifestyles is pushing the expansion of the blenders market.
Who Are the Dominant Players Across Different Blenders Market Segments?
Major companies operating in the blenders market report are Panasonic Corporation; Whirlpool Corporation; Koninklijke Philips N.V.; Stanley Black & Decker Inc.; Smeg S.p.A.; B. Braun Melsungen AG; Groupe SEB; DoorDash Inc.; SharkNinja Operating LLC; Cuisinart; Breville Group Limited; Hamilton Beach Brands Holding Company; Vitamix Corporation; Blendtec Inc.; Kuvings; Sunbeam Products Inc.; Nutribullet LLC; Weston Products LLC; Gourmia Inc.; Cleanblend; Bella Housewares; Kenwood Limited; Tribest Corporation; Waring Commercial Inc.; Indpro Engineering Systems Pvt. Ltd.
What Blenders Market Trends Are Gaining Traction Across Different Segments?
Key players within the blender market are focusing on improvements by incorporating advanced technology and innovative add-ons such as versatile attachments. These versatile attachments, which can be swapped or coupled with the principal blender unit, exist to enhance convenience and flexibility. In April of 2023, Blendtec, an American-based company specializing in both commercial and residential blenders, introduced the Immersion Blender. This blender, created with versatility and convenience in mind for blending, mixing, and pureeing tasks, comes with an ensemble of interchangeable attachments like a blending wand, whisk, and chopper. Along with a powerful 350-watt motor and a 20-speed variable dial, it brings simplicity to various preparation processes. Its comfortable, ergonomic handle with dual power buttons supports control while the stainless-steel driveshaft and blade assure long-lasting usage and efficient performance.
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Which Geographic Regions Are Expected to Dominate the Blenders Market in the Coming Years?
Asia-Pacific was the largest region in the blenders market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the blenders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Blenders Market?
2. What is the CAGR expected in the Blenders Market?
3. What Are the Key Innovations Transforming the Blenders Industry?
4. Which Region Is Leading the Blenders Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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