Mixer Grinder Market amr
Mixer Grinder Market Size was valued at $12.70 billion in 2021, and is estimated to reach $18.18 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031
DELAWARE, WILMINGTON, UNITED STATES, February 16, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Mixer Grinder Market,” The Mixer Grinder Market Size was valued at $12.70 billion in 2021, and is estimated to reach $18.18 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.
In the recent past, electric kitchen appliances sector has been enduring with some influential trends, which has successfully gained the attention of the target customer. Improvised aesthetic trend is one of Mixer Grinder Market Trends that help drive the demand for mixer grinder products. Black turns out to be the most preferred color among the customers even when it comes to buying any kind of kitchen appliances. Taking this view into consideration, some of the key manufacturers in the global mixer grinder market have been adopting several key product strategies. For instance, Whirlpool Corporation one of the key players in the global mixer grinder market strategize on coming up with majority of its appliances in black stainless with rich matte look making it attractive and alluring for its customers.
There are a few kitchen appliances that can perform the same functionalities as a mixer, but may have additional features or are cost-effective than stand and traditional mixers. These alternatives to mixers are hampering the Mixer Grinder Market Growth. Hand mixers are motorized mixers that are small, so that they can be held in the hand. They are much cost-effective than stand mixers while having the same functionality as a stand mixer which creates an enormous Mixer Grinder Market Opportunities in the market.
📚 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝐏𝐃𝐅 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-sample/A16920
The mixer grinder market was impacted slightly positively during the pandemic. Loss of supply chains and distribution channels in the initial months of the pandemic caused small losses for the market; however these losses were recovered in the later phases. During lockdown, people started indulging in their hobbies of baking and cooking. Many people were engaging in online food trends and making new dishes for themselves as well as their families. As a result, the market witnessed positive growth in the later half of 2020.
According to the Mixer Grinder Market Analysis, the market is segmented on the basis of product type, end user, distribution channel, and region. Based on type, the market is bifurcated into stand mixer and traditional mixer. Based on end user, the market is divided into residential and commercial. Based on distribution channel, the market is classified into online and offline. The Mixer Grinder Industry is also studied across North America, Europe, Asia-Pacific, and LAMEA.
Based on the product type, traditional mixer held the major share in the market in 2021 owing to its widespread usage in commercial and residential sector as well as for the food processing. These mixer can not only mix dough and batter almost as good as stand mixer but also perform many other functionalities, such as cutting, chopping, blending, and mincing, which a stand mixer may or may not be able to do.
Based on the end user, residential segment held the major share in the market in 2021 and is likely to remain same throughout the Mixer Grinder Market Forecast period. Residential mixer are used for regular day to day mixing application and occasional baking by home owners, while commercial stand mixers are used by professional chefs and cooks in restaurants, hotels, cafes, and other similar establishments.
Based on the distribution channel, offline segment held the major share in the market in 2021. Most of the consumer purchase their mixer grinder from a hypermarket/supermarket as it is more convenient place for purchasing a mixer.
In 2021, North America accounted for 31.1% in the mixer grinder market, and is expected to maintain its dominance during the forecast period. However, Asia-Pacific and LAMEA are expected to possess the highest CAGRs, owing to rise in hobby baking and cooking coupled with creating new kinds of recipes at home helped increase the sales of stand and traditional mixers as it makes the process of cooking easier.
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/checkout-final/f9e273953c21091d5bb67befe3ecdc1a
𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 𝐚𝐫𝐞
Bajaj Group,
BOSCH,
Crompton greaves consumer electricals limited,
De’Longhi Appliances S.r.l,
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.
𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐬𝐭𝐮𝐝𝐲
By product type, traditional mixer was the major segment of the market in 2021, and is anticipated to grow at a significant CAGR of 3.4% during the forecast period.
On the basis of end user, the residential segment dominated in 2021, and is anticipated to grow at a significant CAGR of 3.4% during the forecast period.
As per distribution channel, the online sales channel is anticipated to grow at a CAGR of 4.4% during the forecast period.
Region wise, North America was the dominant region in 2021, occupying 31.1% mixer grinder market share.
𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/A16920
𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐑𝐞𝐯𝐢𝐞𝐰
According to the CXOs of leading companies, the past few years have witnessed rapid increase in the adoption and sales of mixer grinder. This can be attributed to an increase in hobbies such as baking and cooking. Increasing standards of living, increasing disposable incomes, and extensive advertisements and marketing of these kinds of products in developing countries are leading to further proliferation of the market.
According to the CXOs of leading companies, the past few years have witnessed rapid increase in the adoption and sales of mixer grinder. This can be attributed to an increase in hobbies such as baking and cooking. Increasing standards of living, increasing disposable incomes, and extensive advertisements and marketing of these kinds of products in developing countries are leading to further proliferation of the market.
Smart kitchen appliance in spite of being a growing market is expected to experience slow growth rate. Companies need to address the rapidly changing technological needs to excel in the market. Growth strategies such as collaborations or acquisitions are anticipated to help the operating companies to sustain in the competitive market.
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:-
➢ Commercial Oven Market
➢ Commercial Dryer Market
➢ Cigarette Lighter Market
https://www.einpresswire.com/article/681864612/cigarette-lighter-market-2023-size-share-industry-trends-growth-development-status-future-plans-analysis-by-2032
➢ Smart Pillows Market
https://world.einnews.com/pr_news/673270155/smart-pillows-market-forecast-to-2030-technology-trends-productivity-demands-supply-market-research
➢ Christmas Lights and Decorations Market
https://www.einnews.com/pr_news/674779867/christmas-lights-and-decorations-market-size-see-incredible-growth-share-industry-analysis-allied-market-research
➢ Game Headphone Market
https://www.einpresswire.com/article/653887409/navigating-the-game-headphone-market-insights-innovations-and-future-outlook-says-allied-market-research
𝐓𝐚𝐛𝐥𝐞 𝐎𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:
Chapter 1 : INTRODUCTION
Chapter 2 : EXECUTIVE SUMMARY
Chapter 3 : MARKET OVERVIEW
Chapter 4 : MIXER GRINDER MARKET, BY PRODUCT TYPE
Chapter 5 : MIXER GRINDER MARKET, BY END USER
Chapter 6 : MIXER GRINDER MARKET BY, DISTRIBUTION CHANNEL
Chapter 7 : MIXER GRINDER MARKET, BY REGION
Chapter 8 : COMPETITION LANDSCAPE
Chapter 9 : COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
