NEW YORK, Oct. 26, 2023 /PRNewswire/ -- The industrial food blender and mixer market size is expected to grow by USD 6.06 billion between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 6.81% during the forecast period. The market is segmented by Product (High shear mixer, Ribbon blender, Shaft mixer, Planetary mixer, and Others), Type (Automatic and Semi-automatic), and Geography (Europe, North America, APAC, Middle East and Africa, and South America).
The steady growth of the food processing industry is notably driving the market growth. The rising support for the food processing industry through various government initiatives in emerging economies, such as India, is expected to further boost the adoption of industrial food blenders and mixers for food processing applications during the forecast period. Moreover, the government had announced the relaxation of FDI norms for the food processing sector, allowing up to 100% FDI in food product e-commerce. Such reforms are expected to aid the growth of the market during the forecast period. The report analyses the market size and growth and provides accurate predictions on the growth of the market.
Key Highlights:
Market Dynamics:
Trend
Challenge
The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report
Keg Segments:
By product, the high shear mixer segment will grow at a significant rate during the forecast period. High shear mixers are used for mixing liquid and liquid or liquid and powder ingredients. In GEA Group high shear mixers, for liquid/powder ingredients, powder ingredients are added directly into liquid ingredients in the mixing vessel. Get a glance at the market contribution of the segments, Request a Sample
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The industrial food slicers market size is expected to increase to USD 119.04 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.65%.
Industrial Food Blender And Mixer Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.81% |
Market growth 2023-2027 |
USD 6.06 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.47 |
Regional analysis |
Europe, North America, APAC, Middle East and Africa, and South America |
Performing market contribution |
Europe at 34% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
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SOURCE Technavio