![]() Some factors that could affect this market growth include increased awareness of healthy living and convenience appeal of portable blenders for on-the-go meal preparation. ![]() Industrial blenders, however, are projected to experience relatively slower growth rates with a CAGR of around 4%. Portable blenders will witness the fastest growth with a CAGR of more than 20%. In terms of shipments, the commercial desktop blender segment will account for the majority of total sales with a market share of more than 60% by the end of 2028. SkyQuest Analysis of Global Blender Market The growing popularity of Probiotic-based drinks is also contributing significantly to the market growth. The global blender market has witnessed a significant growth in the past few years owing to multiple factors such as increasing adoption of healthy lifestyle habits, rising demand for functional drinks and enhanced food processing capacities. In addition, the report provides detailed competitive landscape analysis including company profiles, product offerings, and key developments. The report covers product types, end users, regions, and application segments across the globe. Nutrient-rich foods such as leafy greens and fruits are blended together using various blade attachments that extract all their nutrients. ![]() Traditional blenders are used for making beverages, smoothies, ice cream, batters, soups, doughs, etc., with different shapes blades that chop or crush ingredients uniformly without leaving lumps or pieces stuck in the blades. The Asia Pacific market is estimated to grow at the highest CAGR in the years to come. The North American blender market is the largest with over 30% market share and is forecast to grow at a CAGR of 3.7% during the forecast period. These key drivers are in addition to increasing interest in plant-based diets, which have driven growth of vegan and vegetarian products. This growth is attributable to the penetration of blenders into households across geographies and Millennials overtaking Baby Boomers as the largest generation in the United States and across the globe. 29, 2022 (GLOBE NEWSWIRE) - Blender market is projected to grow at a CAGR of 4.80% between 20, according to SkyQuest.
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