Revenue for the Food Processor and Blender Manufacturing industry has decreased slightly over the five years to 2018. The shift of lower-end appliance manufacturing to lower-cost countries in Asia and Mexico, along with traditional manufacturing powerhouses like Germany, hurt industry operators. Over the next five years however, industry revenue is expected to rebound as it benefits from a stronger US economy. In addition, industry exports are projected to slowly rise, as demand stabilizes in foreign markets. While premium products will comprise a greater proportion of the market, competition from imports will continue to challenge the industry over the next five years.
This industry manufactures electric- and motor-driven appliances used in food preparation. More specifically, industry operators manufacture blenders, food processors, stand mixers, slicers, whippers, tenderizers, molders and several other appliances (e.g. ice crushers) used in slicing, chopping, grinding, shredding, pureeing, crushing and mixing food items.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.