A recent report published by Infinium Global Research on commercial beverage blender market provides an in-depth analysis of segments and sub-segments in the global as well as regional commercial beverage blender market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional commercial beverage blender market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global commercial beverage blender market. According to the report, the global commercial beverage blender market is projected to grow at a CAGR of 7.8% over the forecast period of 2019-2025.
A beverage blender is an equipment mostly used in the laboratories or kitchens by lab technicians and chefs respectively. The blending equipment or container are generally made from glass, stainless steel or plastic. The food service establishments often offer a sufficient quantity of beverages along with smoother and fine texture. There has been a recent hype in the market for the consumption of juices and smoothies, where commercial blenders are designed in a way that not only produces tasty beverages but also emits less noise and is computerized. In order to provide the best texture and taste, mostly food joints are preferring various commercial beverage blenders which have sharper blades for grind the hardest ingredient.
The global commercial beverage blender market is primarily driven by modern blender consuming less electricity and are more computerized. Moreover, health-conscious individuals and rising in the number of restaurants and foodservice outlets which are expected to fuel the market growth in the near future. However, generally, food joints buying second-hand blenders which do not deliver the desired output and are not in good condition is expected to hinder the demand for global commercial beverage blender market. Nonetheless, the strategic alliances with other organization will increase the sales network and enhance the product reach to have a rapid growth in the market is anticipated to create a new opportunity for global commercial beverage blender market.
On the basis of region, the global commercial beverage blender market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America held the largest revenue share for the global commercial beverage blender market in 2018 owing have a significant amount of health-conscious individuals who prefer blended juices and smoothies rather than aerated drinks and alcohol. Europe is expected to be the second-largest regional market for the commercial beverage blender market owing to a high adaptation rate after North America. The Asia Pacific is estimated to witness a significant growth rate due to the rising restaurant and food-service outlet in the region owing to the rising expenditure on food in the region in recent years.
The report on global commercial beverage blender market covers segments such as type, and end user. On the basis of type, the sub-markets include glass, plastic, stainless steel, and other types. On the basis of end user, the sub-markets include juice bars, hotels, catering companies, clubs, and other end users.
The report provides profiles of the companies in the market such as Hamilton Beach Brands, Vitamix, Ceado, Blendtec, Optimum, Waring, JTC Electronics, Rotor Lips, Keepsun Electrical (Guangzhou), and Sammic.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of commercial beverage blender market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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