Global Commercial Beverage Blender Market 2018-2022
About Commercial Beverage Blender
Commercial beverage blenders are used for the emulsifying mixtures, blending liquids, and crushing ice. These are mainly used for preparing frozen beverages, smoothies, mocktails, and cocktails.
Technavio’s analysts forecast the Global Commercial Beverage Blender Market to grow at a CAGR of 7.87% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial beverage blender market. To calculate the market size, the report considers the revenue generated from the sales of new units of commercial beverage blenders to various foodservice establishments.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Beverage Blender Market 2018-2022
Technavio recognizes the following companies as the key players in the global commercial beverage blender market: Blendtec, Hamilton Beach Brands, JTC Electronics, Sammic, Vita-Mix Corporation, and Waring.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing preference for commercial beverage blenders with noiseless operation.” The reduction in noise levels offers a better consumer experience in foodservice establishments.
According to the report, one driver influencing this market is the expansion in the number of end-users offering blended beverages. The growing market for blended beverages among consumers in different regions is encouraging foodservice establishments to expand their presence.
Further, the report states that one challenge affecting this market is the growing market for used, second-hand commercial beverage blenders. Some end-users in the foodservice segment with plans to invest in commercial beverage blenders prefer to purchase pre-used commercial beverage blenders, which offer good performance, this enables end-users to save on the cost of purchasing expensive equipment.
Hamilton Beach Brands