A recent report published by Infinium Global Research on the 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 the 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 equipment mostly used in the laboratories or
kitchens by lab technicians and chefs respectively. The blending equipment or
container is 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 that 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 that do
not deliver the desired output and are not in good condition is expected to
hinder the demand for the global commercial beverage blender market. Nonetheless,
the strategic alliances with other organizations 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 the 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 an outlet in the region owing to the rising expenditure on food in the region in
recent years.
The report on the 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.