Sarasota, FL, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Blenders and Juicers Market for Bakery, Dairy, Beverage, Confectionery, and Other Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast 2015-2021”. According to the report, global demand for blenders and juicers market was valued at USD 2,334.5 million in 2015, is expected to reach USD 3,320.8 million in 2021 and is anticipated to grow at a CAGR of 6.1% between 2016 and 2021.
Blenders are used both in the home and commercial kitchens for various purposes such as milkshakes, smoothies, Emulsify mixtures, and among others. Different blenders have different functions and features. Blenders also have a variety of applications in microbiology labs and food science. In addition to standard food-type blenders, there is a variety of other configurations of blender for laboratories. A juice extractor is a device that is used to extract juice from fruits, vegetables, and even from nuts, seeds, and meat. There are mainly three types of juice extractors: centrifugal, masticating, and triturating. Of these, the centrifugal juice extractor is the most common among end-users.
Browse through 8 Market Tables and 19 Figures spread over 110 Pages and in-depth TOC on “Global Blenders and Juicers Market: By Application, Type, Industry Size, Share, Trends, Segment, Analysis and Forecast 2015-2021”.
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North America dominated the overall blenders and juicers market in terms of revenue in 2015 owing to increased consumption of food products such as bakery, confectionary, and dairy products in the U.S. and Canada. North America region is expected to show moderate growth in the forecast period. The U.S. is the largest regional market in North America.
Europe is one of the leading markets in blenders and juicers market in 2015. European countries demonstrate higher growth rate in the forecast period. Rising consumption of food products such as bakery, confectionary and dairy products, and possible market opportunities in developing countries of Eastern Europe contribute to market growth. Consumption of different types of bread in meals and breakfast led to high growth of bakery market. This in turn is expected to drive the demand for the blenders market due to high use of blenders in the bakery industry. Germany, U.K., and Italy are some of the important markets for blenders and juicers in Europe.
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Asia is anticipated to grow at a faster rate as compared to markets in developed regions. In Asia Pacific region, the rise in the disposable income, people adopting the western culture, health awareness and import of fruits are among the most important factors that are expected to drive the juice business in Asia Pacific region which in turn increase the demand for juicer and blender products in the region. In Asia Pacific, India is presently growing at a faster rate and is expected to report a significant growth rate in the near future.
Latin America shows promising growth in blenders and juicer market. Increasing demand for blenders and juicers from the processed food & beverage industry in Brazil is expected to propel market growth in Latin America. Changing consumer preference towards the healthy lifestyle in the region is positively impact juicers and blenders market in coming years.
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The key players of blender and juicer market include Phillips, Omega, Panasonic, Kuvings, Cuisinart, Braun, Breville, Gaungdong Xinbao Electrical Appliances Holdings Co. Ltd., Foshan Shunde Ouke Electrical Appliances Holdings Co. Ltd., and Oster.
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This report segments the global blenders and juicers market as follows:
Blenders and Juicers Market: Application Segment Analysis
- Others (sauces, ice crush, etc.)
Blenders and Juicers Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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