The global mixer grinder market will be generated by $18.18 billion

PORTLAND, OR, Aug. 22, 2022 (GLOBE NEWSWIRE) — According to a report published by Allied Market Research, worldwide Mixer Grinder Market Earned $12.70 billion in 2021, and is projected to generate $18.18 billion by 2031, revealing a CAGR of 3.7% from 2022 to 2031. The report provides detailed analysis of market dynamics, key segments, competitive landscape, value chain, modification. . This research provides valuable guidance to leading players, investors, shareholders, and startups in formulating strategies for sustainable growth and achieving a competitive edge in the market.

Report coverage and details:

Report coverage Details
Forecast period 2022–2031
base year 2021
Market size in 2021 $12.70 billion
Market size in 2031 $18.18 billion
CAGR 3.7%
Number of pages in the report 325
Sections covered Product type, end user, distribution channel, and region.
Drivers Increase in number of food joints like hotels and restaurants
There will be an increase in business travel
Expansion of the food service industry
opportunities The rise in the trend of cloud kitchens
Restrictions Intense competition and choice of mixers

Get Detailed COVID-19 Impact Analysis on Mixer Grinders Market: https://www.alliedmarketresearch.com/request-for-customization/17298?reqfor=covid

The Covid-19 scenario:

  • 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 is due to disruptions in the supply chain and distribution channels.
  • However, these losses were recovered in the later stages, as the lockdown forced everyone to stay at home and consumers started pursuing their various hobbies. There has been a rapid increase in the number of residential consumers who have developed an interest in cooking and preparing a variety of food and deserts at home. This increase in interest helped increase sales of mixer grinders.
  • New recipes and guides were circulating online as trends and many consumers were eagerly following those trends. Most of the foods that people were cooking required extensive mixing and dough making, which was a difficult process done by hand. Due to such difficulties, consumers started buying mixer grinders to make such processes easier and more efficient than manual processes, which has increased the sales of mixer grinders.

The research offers detailed segmentation of the global Mixer Grinders market on the basis of 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 according to the highest revenue generating and fastest growing segments mentioned in the report.

Based on product type, the conventional mixer grinder segment held the largest share in 2021, accounting for more than four-fifths of the global mixer grinder market, and is expected to continue its leadership position over the forecast period. However, the stand mixer segment is expected to register the highest CAGR of 5.0% from 2022 to 2031.

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On the basis of end user, the residential segment accounted for the largest share in 2021, contributing to nearly three-fourths of the global mixer grinder market, and is expected to maintain its leadership in terms of revenue over the forecast period. However, the commercial segment is expected to reveal the highest CAGR of 4.4% from 2022 to 2031.

On the basis of distribution channel, the offline segment accounted for the largest share in 2021, holding more than three-fourths of the global market, and is expected to continue its leadership position during the forecast period. However, the online segment is estimated to grow at the highest CAGR of 4.4% during the forecast period.

On the basis of region, North America will hold the largest share in 2021, contributing nearly one-third of the total market share, and is projected to retain its dominant share in terms of revenue in 2031. Also, the LAMEA region is expected to emerge. Fastest CAGR of 4.4% during the forecast period. The research also analyzes the Europe and Asia-Pacific regions.

Major market players of the Global Mixer Grinders 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 Limited, 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 various strategies such as new product launches, collaborations, expansions, joint ventures, agreements, and others to increase their market share and maintain dominance in various sectors. The report is valuable in highlighting strategic moves of market players to showcase business performance, operating segments, product portfolios, and competitive landscape.

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about us

Allied Market Research (AMR) is the full-service market research and business-consulting arm of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides unmatched quality of “market research reports” and “business intelligence solutions” to global enterprises as well as medium and small businesses. AMR aims to provide business insights and consulting to help its clients take strategic business decisions and achieve sustainable growth in their respective market domains.

We have professional corporate relationship with various companies and it helps us to dig market data which helps us to generate accurate research data tables and confirms utmost accuracy in our market forecast. Pawan Kumar, CEO of Allied Market Research, has been instrumental in motivating and encouraging everyone associated with the company to maintain the highest quality of data and help clients achieve success in every way possible. Each and every data presented in the reports published by us is extracted through primary interviews with top executives of leading companies in respective domains. Our secondary data procurement methodology includes in-depth online and offline research and discussions with knowledgeable industry professionals and analysts.

        

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