DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Industrial Food Blender and Mixer Market 2017-2021" report to their offering.
The global industrial food blender and mixer market to grow at a CAGR of 5.94% during the period 2017-2021.
Global Industrial Food Blender And Mixer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. To calculate the market size, the report considers the revenue generated from the sales of new units of food blender and mixer to end-users like dairy industry, bakery industry, confectionery, and beverage processing industry. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in market is increasing demand for processed packaged food. The growing demand for processed packaged food, such as finished bakery and dairy products and confectionaries significantly contributes to the growth of the food blender and mixer market. There has been a significant rise in the demand for processed food due to the favorable economic conditions in the developed countries and increase in disposable income in countries like China, India, and Saudi Arabia.
The global packaged food market is expected to grow at a CAGR of 5% to reach up to $3.2 trillion by the end of 2020. The consumers tend to buy food products, which are good quality and have increased shelf life. In 2016, the global bakery market was valued at $433 billion and is expected to reach $593.5 billion by the end of 2021.
The growth in the bakery market is expected to increase the sales of packaged bakery products, such as bread, rolls, pastries, and cookies. In addition to this, the consumption of snacks, such as sweet and savory biscuits, have also gained popularity around the world. For instance, it was estimated that in 2015 over 40% of the people in Australia consumed a sweet biscuit at least once a week. On an average, one out of every three people in the country is also estimated to consume savory biscuits per week.
- Improving designs of the mixing tank enhances the efficiency
- Increasing demand for processed packaged food
- Growing preference for closed system with vacuum technology
- High energy consumption
- Risk of contamination
- Rising environmental concerns for waste disposal by food processing companies
- Use of multi-mixer agitators
- Increasing number of M&A
- Custom design mixers
- Tetra Pak International
- SPX Flow
- Morton Mixers
- Charles Ross & Son Company
Other Prominent Vendors:
- Eirich Machines
- Jinhu Ginhong Machinery Co.
- Vortex Mixing Technology
For more information about this report visit http://www.researchandmarkets.com/research/jhsmtc/global_industrial