Portland, OR, Aug. 22, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the crusher mixer market collected USD 12.7 billion in 2021 and is estimated to generate USD 18.18 billion by 2031, with a CAGR of 3.7% from 2022 to 2031. The report provides a comprehensive analysis of the changing dynamics of the market, the major segments, the value chain, the competitive scenario and the regional panorama. . This research provides valuable guidance to major players, investors, shareholders and startups to design strategies for sustainable growth and gain a competitive edge in the market.
Report coverage and details:
|Coverage of the report||Details|
|Market size in 2021||12.7 billion dollars|
|Market size in 2031||18.18 billion dollars|
|Number of pages in the report||325|
|Segments covered||Product type, end user, distribution channel and region.|
|drivers||Increase in the number of eating places such as hotels and restaurants|
|Increase in business-related travel|
|Expansion of the restaurant sector|
|opportunities||Increasing trend of cloud kitchen|
|restrictions||Intense competition and alternatives to mixers|
Get a detailed analysis of the impact of COVID-19 on the Mixer Grinder market: https://www.alliedmarketresearch.com/request-for-customization/17298?reqfor=covid
- The outbreak of the COVID-19 pandemic had a slight negative impact on the growth of the global mixer grinder market in the initial phase. This was due to disruptions in supply chains and distribution channels.
- However, these losses were recovered in the later stages as lockdowns forced everyone to stay at home and consumers began to indulge in their various hobbies. There was a rapid increase in the number of residential consumers who developed an interest in baking and cooking different types of food and desserts at home. This increase in interest helped increase the sales of crusher mixer.
- New recipes and guides were circulating online as trends and many consumers were chasing these trends. Most of the foods people cooked required extensive mixing and kneading, which is a difficult process if done by hand. Attributing to these difficulties, consumers began to buy mixer grinders to make these processes easier and more efficient than manual processes, which led to an increase in the sale of mixer grinders.
The research provides detailed segmentation of the global mixer crusher market based on product type, end user, distribution channel, and region. The report discusses the segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize based on the highest revenue generating and fastest growing segments mentioned in the report.
Based on product type, the traditional mixer crusher segment held the highest share in 2021, accounting for more than four-fifths of the global mixer crusher market, and is expected to continue its status of leadership during the forecast period. However, the stand mixer segment is expected to register the highest CAGR of 5.0% from 2022 to 2031.
Download a sample copy of the report @https://www.alliedmarketresearch.com/request-sample/17298
Based on end-user, the residential segment accounted for the highest share in 2021, contributing nearly three-fourths of the global mixer grinder market, and is expected to maintain the lead in terms of revenue during the period forecast However, the commercial segment is expected to exhibit the highest CAGR of 4.4% from 2022 to 2031.
By distribution channel, the offline segment accounted for the highest share in 2021, accounting for more than three-fourths of the global market, and is expected to continue its leadership status over the forecast period. However, the online segment is estimated to grow at the highest CAGR of 4.4% during the forecast period.
By region, North America held the largest share in 2021, contributing nearly one-third of the total market share, and is projected to maintain its dominant share in terms of revenue in 2031. Furthermore, expect the LAMEA region to manifest. the fastest CAGR of 4.4% during the forecast period. The research also looks at regions such as Europe and Asia-Pacific.
Major market players of the global mixer grinder market analyzed in the research include Bajaj Group, BOSCH, Crompton greaves consumer electricals limited, De’Longhi Appliances Srl, Electrolux AB, Galanz Enterprise Group, Group SEB, Havells India Ltd., Kenstar , LG Electronics. Ltd., Morphy Richards, Newell Brands, Panasonic Corporation, Samsung Electronics and Whirlpool Corporation.. The report provides a detailed analysis of these key players in the market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting the business performance, operating segments, product portfolio and strategic moves of the market players to display the competitive scenario.
Schedule a free consultation call with our industry analysts/experts to find a solution for your business @https://www.alliedmarketresearch.com/purchase-enquiry/17298
Basic Plan Avinguda | Access to the library | 1 year subscription |
Sign up for Avenue membership to access over 12,000 company profiles and over 2,000 niche industry market research reports for $699 per month per seat. During a year, the customer must purchase a minimum plan of 2 seats.
Subscription to the Library of the avenue | Request a 14-day free trial before you buy: https://www.alliedmarketresearch.com/avenueTrial
Learn more: https://www.alliedmarketresearch.com/library-access
Allied Market Research (AMR) is a full service market research and business consulting firm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global companies as well as medium and small businesses with unmatched quality of ‘Market Research Reports’ and ‘Business Intelligence Solutions’. AMR has a specific vision to provide business information and consulting to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relationships with various companies and this helps us extract market data that helps us generate accurate research data tables and confirms the highest accuracy in our market forecasts. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high data quality and help clients in every possible way to achieve success. Each and every one of the data presented in the reports published by us is extracted through primary interviews with senior managers of the main companies in the domain in question. Our secondary data acquisition methodology includes online and offline research and discussions with expert industry practitioners and analysts.