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How has the blenders market grown over the years?

In recent times, the blenders market size has seen significant growth. The expected growth is from $3.17 billion in 2024 and is predicted to escalate to $3.41 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.5%. The growth in the past period is linked to the surge in the need for energy-saving kitchen devices, patents for blender models, the emergence of health and well-being tendencies, the transition towards cooking at home, and the impact of celebrity endorsements.

What Is the forecasted market size and growth rate for the blenders market?

Anticipated to witness substantial expansion in the approaching years, the size of the blenders market is projected to escalate to $4.48 billion by 2029, boasting a compound annual growth rate (CAGR) of 7.1%. Numerous factors attributing to this surge during the forecast period include the demand for convenience and time-saving, sustainable and environmentally friendly choices, a rising trend in smoothie and milkshake consumption, heightened health awareness, and an increasing need for processed foods. Noteworthy trends anticipated during the forecast period encompass multi-functional blenders, high-performance power blenders, blenders specialized for nutrient extraction, blending of plant-based and functional ingredients, as well as innovations in design.

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What are the major factors driving growth in the blenders market?

The growth of the blenders market is predicted to be fueled by an increasing commitment to healthy living habits. These include activities that focus on physical fitness, balanced diets, mental health, and an overall focus on health and vitality. As individuals grow more aware of their food content and the implications of their dietary choices on health and the environment, the rise in healthy living habits expands. Blenders provide a practical solution, enabling users to mix a diverse selection of fruits, vegetables, nuts, seeds, and other nutritious components into smoothies. They also make it convenient to transform cooked vegetables and legumes into nutritious soups, sauces, and purees swiftly and effortlessly. In July 2023, data from the Office for National Statistics, a government department in the UK, suggested that 86.5% of adults in Great Britain had made changes to their lifestyles to counter environmental issues based on survey information obtained between May and June 2023. This increasing commitment to healthy living habits is thereby contributing to the expansion of the blenders market.

What key areas define the segmentation of the global blenders Market?

The blenders market covered in this report is segmented –

1) By Product Type: Countertop Blenders, Personal Blenders, Hand Blenders

2) By Material: Plastic, Stainless Steel, Glass, Aluminum, Copper

3) By Sales Channel: Offline, Online

4) By Application: Commercial, Household

Subsegments:

1) By Countertop Blenders: High-performance Blenders, Standard Countertop Blenders

2) By Personal Blenders: Single-serve Blenders, Portable Blenders

3) By Hand Blenders: Corded Hand Blenders, Cordless Hand Blenders

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What are the top market players propelling the growth of the blenders industry?

Major companies operating in the blenders market report are Panasonic Corporation; Whirlpool Corporation; Koninklijke Philips N.V.; Stanley Black & Decker Inc.; Smeg S.p.A.; B. Braun Melsungen AG; Groupe SEB; DoorDash Inc.; SharkNinja Operating LLC; Cuisinart; Breville Group Limited; Hamilton Beach Brands Holding Company; Vitamix Corporation; Blendtec Inc.; Kuvings; Sunbeam Products Inc.; Nutribullet LLC; Weston Products LLC; Gourmia Inc.; Cleanblend; Bella Housewares; Kenwood Limited; Tribest Corporation; Waring Commercial Inc.; Indpro Engineering Systems Pvt. Ltd.

What are the key trends shaping the future of the blenders market?

Big players in the blenders market are fabricating products that are technologically superior, featuring innovative accessories such as switchable add-ons, intended to offer convenience. Exchangeable attachments in blenders relate to extra parts or accessories that can be alternated or connected to the core blender device to escalate its operational capacity and adaptability. For example, in April 2023, Blendtec, a firm located in the US which retails commercial and residential blenders, introduced a brand-new Immersion Blender, engineered to offer adaptability and convenience in blending, mixing, and pureeing tasks. This blender, furnished with exchangeable accessories comprising a blending wand, whisk, and chopper, streamlines a range of blending activities with its potent 350-watt motor and 20-speed variable dial. The soft grip, ergonomic handle, and a duo of power buttons ensure user comfort and control, while its stainless-steel driveshaft and blade ensure longevity and efficient performance.

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What regions are dominating the blenders market growth?

Asia-Pacific was the largest region in the blenders market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the blenders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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