Commercial Beverage Blenders Market 2023-2027: Descriptive Analysis of Five Forces Model, Market Dynamics and Segmentation

NEW YORK, January 24, 2023 /PRNewswire/ — According to Technavio, global commercial beverage blenders market the size is expected to grow by 12.72 million US dollars from 2022 to 2027. The market is expected to grow by a CAGR of 3.14%. Moreover, the rate of growth will accelerate. North America will account for 34% of the global market growth during the forecast period.

Technavio has announced its latest market research report titled Global Commercial Beverage Blender Market 2023-2027

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Global Commercial Beverage Blenders Market – Five Forces
The global commercial beverage blenders market is fragmented and the five forces analysis covers:

  • Bargaining power of buyers

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • Interpreting Porter’s Five Models Helps Strategize Business, For Full Details – Buy The Report!

Global Commercial Beverage Blenders Market – Client Landscape

The report covers the lifecycle of market adoption, from the innovator stage to the laggard stage. It focuses on adoption levels in different regions based on penetration. Additionally, the report also includes key buying criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Commercial Beverage Blenders Market – Segmentation Assessment

Segment view

Technavio segments the market based on end user (JCP, restaurants and others) and distribution channels (offline and online).

  • The JCP segment will grow at a significant rate during the forecast period. The growing health benefits offered by various types of mixed drinks such as smoothies will increase the demand for such drinks and encourage bars, clubs and pubs (JCP) to offer such drinks. Juices and smoothies also contribute significantly to the frozen beverage market in various countries. The revenue generated by the juice industry is increasing in countries as diverse as the United Kingdom and Australia. Hence, increased sales from end-user establishments will drive demand growth for commercial beverage mixers during the forecast period.

Geographical overview
By geography, the global commercial beverage blenders market is segmented into North America, EuropeAPAC, South Americaand Middle East and Africa. The report provides practical insights and assesses the contribution of all regions to the growth of the global commercial beverage blenders market.

  • North America is estimated to account for 34% of the global market growth during the forecast period. The Commercial Beverage Blender Market in North America is expected to grow during the forecast period. USA and Canada are key contributors to the growth of the commercial beverage blender market in the region. Restaurants in United States are increasing their demand for frozen and slush coffee drinks, which include multiple types of blended drinks. Increase in sales of frozen blended beverages in the region may also influence the growth of demand for commercial beverage mixers during the forecast period.

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Global Commercial Beverage Blenders Market – Market dynamics

A key factor driving market growth

  • The health benefits of various types of smoothies may increase per capita consumption during the forecast period, leading to increased demand for commercial beverage blenders.

  • Citrus smoothies contain vitamin C, which supports the immune system and supports the production of collagen, which is necessary for the elasticity and smoothness of human skin.

  • The highly nutritious ingredients contained in the mixed drinks help users detoxify their systems and get rid of toxins.

  • Hence, the increasing health benefits offered by blended beverages will drive the sales of such beverages from foodservice outlets during the forecast period.

Leading trends affecting the market

  • The growing preference for commercial beverage blenders with silent operations is an emerging trend in the market.

  • Manufacturers of commercial beverage blenders are trying to provide equipment with advanced functionality to improve the user experience in food service operations.

  • Higher noise levels in food establishments can have an adverse effect on the customer experience as well as future sales of mixed drinks from food establishments.

  • Some of the vendors that offer commercial beverage blenders with noise reduction technology are Blendtec, Hamilton Beach Brands, and Vita-Mix Corp. (Vita-Mix).

Major challenges hindering the growth of the market

  • Growing demand for used commercial beverage blenders is a major challenge that is hindering the growth of the market.

  • End users prefer to buy pre-owned commercial beverage blenders to save on the cost of purchasing expensive equipment.

  • Many small and medium-sized food service businesses and price-sensitive end-users prefer pre-used commercial beverage mixers to reduce the upfront costs required to introduce or expand their blended beverage services, especially in developing countries.

  • Furthermore, the growing market for pre-used commercial beverage blenders is expected to influence the potential growth prospects of the global commercial beverage blenders market during the forecast period.

Drivers, trends and challenges impact market dynamics that can impact business. Find more information in a sample report!

What are the key data covered in this Commercial Beverage Blenders Market report?

  • Market CAGR during the forecast period

  • Detailed information about the factors that will drive the growth of the Commercial Beverage Blenders market between 2023 and 2027.

  • An accurate estimation of the Commercial Beverage Blender market size and its contribution to the market with an emphasis on the major market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • Growth of the Commercial Beverage Blender Industry North America, EuropeAPAC, South Americaand Middle East and Africa

  • In-depth analysis of the competitive landscape of the market and detailed information on suppliers

  • A comprehensive analysis of the factors that will drive the growth of the Commercial Beverage Blender market vendors

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Commercial Beverage Blenders Market Scope

Report coverage

Details

Page number

170

Base year

2022

Historical period

2017-2021

Estimated period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 3.14%

Market Growth 2023-2027

12.72 million US dollars

Market structure

Torn apart

Year-on-year growth 2022-2023 (%)

2.99

Regional analysis

North America, Europe, APAC, South America and the Middle East and Africa

Effective market contribution

North America with 34%

Key countries

USA, China, Japan, Germany and UK

The competitive environment

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

Key companies profiled

bianco di puro GmbH and Co. KG, Blendtec Inc., Breville USA Inc., Brew Driver, Conair Corp., GEA Group AG, Hamilton Beach Brands Holding Co., Newell Brands Inc., Omcan Inc., Optimum Appliances, Philips International BV, Quamar Srl, Sammic SL , SANTOS SAS, Skyfood Equipment LLC, Stanley Black and Decker Inc., Stoelting Foodservice Equipment, Tetra Laval SA, Vita-Mix Corp. and Whirlpool Corp.

Market dynamics

Major market analysis, drivers and barriers to market growth, analysis of fast-growing and slow-growing segments, analysis of the impact and recovery of COVID-19 and future consumer dynamics, and analysis of market status for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

Contents:

1 Summary

2 Market landscape

3 Sizing the market

4 Historical market size

5 Five Forces Analysis

6 Market segmentation by end user

7 Market segmentation by distribution channel

8 Customer landscape

9 Geographical landscape

10 Drivers, challenges and trends

11 Supplier landscape

12 Supplier Analysis

13 Appendix

About us
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Commercial Beverage Blenders Market 2023-2027

Global Commercial Beverage Blenders Market 2023-2027

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