Food Processor & Blender Manufacturing
Revenue for the Food Processor and Blender Manufacturing industry has slightly declined over the five years to 2019. Increasing import penetration has put pressure on manufacturers, dividing the industry. Makers of premium appliances have generally done well as disposable income levels and healthy-eating trends increased. Conversely, lower-end products have largely been replaced by less-expensive foreign alternatives, forcing operators to exit the industry. Furthermore, value products have experienced increased competition from foreign manufacturers over the past five years, which has constrained overall growth. Over the five years to 2024, industry revenue is anticipated to increase as a result of growing domenstic demand for food processors and blenders and rising per capita disposable income.
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.
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