LONDON--(BUSINESS WIRE)--Technavio has been monitoring the commercial beverage blender market and it is poised to grow by USD 9.06 million during 2021-2025, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the commercial beverage blender market. The market growth in 2021 is likely to increase compared to market growth in 2019.
Frequently Asked Questions:
Based on segmentation by the end-user, which is the leading segment in the market?
JCB is the leading segment in the market.
What are the major trends in the market?
The growing preference for commercial beverage blenders with the noiseless operation is the major trend in the market.
At what rate is the market projected to grow?
The market is projected to accelerate at a CAGR of over 2%.
Who are the top players in the market?
Blendtec Inc., Ceado Srl, Conair Corp., Hamilton Beach Brands Holding Co., Koninklijke Philips NV, Newell Brands Inc., Sammic SL, SANTOS SAS, Vita-Mix Corp., Whirlpool Corp. are the top players in the market.
What are the key market drivers and challenges?
The market is driven by the expansion in the number of end-users offering blended beverages. However, the growing demand for second-hand commercial beverage blenders will challenge growth.
How big is the North America market?
34% of the market’s growth will originate from North America during the forecast period.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blendtec Inc., Ceado Srl, Conair Corp., Hamilton Beach Brands Holding Co., Koninklijke Philips NV, Newell Brands Inc., Sammic SL, SANTOS SAS, Vita-Mix Corp., and Whirlpool Corp. are some of the major market participants. Although the expansion in the number of end-users offering blended beverages will offer immense growth opportunities, factors such as growing demand for second-hand commercial beverage blender is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this commercial beverage blender market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Commercial Beverage Blender Market 2021-2025: Segmentation
The commercial beverage blender market is segmented as below:
- North America
- South America
- Electronic Controls
- Paddle Or Toggle Controls
- Plastic Containers
- Stainless-steel Containers
- Glass Containers
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Commercial Beverage Blender Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial beverage blender market report covers the following areas:
- Commercial Beverage Blender Market Size
- Commercial Beverage Blender Market Trends
- Commercial Beverage Blender Market Industry Analysis
This study identifies the growing preference for commercial beverage blenders with noiseless operation as one of the prime reasons driving the commercial beverage blender market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Commercial Beverage Blender Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist commercial beverage blender market growth during the next five years
- Estimation of the commercial beverage blender market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the commercial beverage blender market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of commercial beverage blender market vendors
Table of Contents:
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Restaurants - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End-user
Market Segmentation by Control Type
- Market segments
- Electronic controls
- Paddle or toggle controls
Market Segmentation by Container Material
- Market segments
- Plastic containers
- Stainless-steel containers
- Glass containers
- Customer landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Blendtec Inc.
- Ceado Srl
- Conair Corp.
- Hamilton Beach Brands Holding Co.
- Koninklijke Philips NV
- Newell Brands Inc.
- Sammic SL
- SANTOS SAS
- Vita-Mix Corp.
- Whirlpool Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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