The global food blenders & mixers market size is estimated to account for nearly USD 7.2 billion in 2020 and projected to grow at a CAGR of 5.8%, to reach nearly USD 9.5 billion by 2025. The market for food blenders & mixers is been witnessing rise in demand, owing to the increase in consumption of processed foods and beverages in the global market. Consumers in the global market are increasingly preferring to consume prepared foods and beverages, owing to the rising income levels, longer working and commuting hours, and lack of sufficient time to cook and prepare delicious and healthy foods.
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In turn, the growing processed and packaged food & beverage industry will influence the manufacturers are extensively focusing on maximizing the output and thus, will upgrade to newer equipment, which provides optimum volumes to be produced without additional hassle to the support healthy gain in the coming years. Significant changes in the food & beverage processing industry over the last two decades have led to a high demand for food & beverage processing equipment especially in the developing economies, in particularly for the food blenders & mixers.
The beverage industry is witnessing an incrementally rising demand in the global market for blenders and mixers, by application, owing to the fact that mixing and blending is a vital part of beverage processing. Also, the European and North American markets have higher demands for beverages. Thus, beverage manufacturers in those regions invest in the mixing and blending equipment for gaining higher yields and volumes. The growing demand for functional beverages, requiring fortification of various nutritional ingredients in the final products, is expected to further bolster the demand for mixer and blender in the coming years.