Global Mixer Mill Market to Generate $18.18 Billion by

portland, OR, Aug. 22, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the mixer grinder market raised $12.70 billion in 2021 and is expected to generate $18.18 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031. The report provides an in-depth analysis of the changing dynamics of the market, major segments, value chain, competitive scenario and regional landscape. . This research offers valuable guidance for key players, investors, shareholders, and startups to design sustainable growth strategies and gain competitive advantage in the market.

Report coverage and details:

Report cover Details
Forecast period 2022–2031
Year of reference 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
Segments Covered Product type, end user, distribution channel and region.
Drivers Increased number of food joints such as hotels and restaurants
Rise in business travel
Expansion of the restaurant industry
Opportunities Rise of the cloud kitchen trend
Constraints Intense competition and alternatives to mixers

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Covid-19 scenario:

  • The outbreak of the COVID-19 pandemic has had a slight negative impact on the growth of the global mixer grinders market in the initial stage. This was due to disruptions in supply chains and distribution channels.
  • However, these losses were recouped in later phases as the shutdowns forced everyone to stay home and consumers began to pursue their various hobbies. There has been a rapid increase in the number of residential consumers who are interested in cooking and baking different types of foods and desserts at home. This increase in interest has helped to increase sales of mixer grinder.
  • New recipes and guides circulated online as trends, and many consumers eagerly followed these trends. Most of the food that people cooked required extensive mixing and dough making, which is a difficult process if done by hand. Due to these difficulties, consumers started to purchase mixer grinders to make these processes easier and more efficient than manual processes, which led to an increase in mixer grinder sales.

The research provides a detailed segmentation of the global Mixer Mills 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 based on the most revenue-generating and fastest-growing segments mentioned in the report.

Based on product type, the traditional mixer-grinder segment held the highest share in 2021, accounting for more than four-fifths of the global mixer-grinder market, and is expected to maintain its leading status over the period. forecast. 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, residential segment accounted for the highest share in 2021, contributing nearly three-quarters of the global mixer grinder market, and is expected to maintain its revenue lead during the forecast period. . However, the commercial segment is expected to show the highest CAGR of 4.4% from 2022 to 2031.

Based on the distribution channel, the offline segment accounted for the highest share in 2021, holding more than three quarters of the global market, and is expected to maintain its leading status during the forecast period. However, the online segment is expected to grow at the highest CAGR of 4.4% during the forecast period.

Based on region, North America held the largest share in 2021, contributing nearly one-third of the total market share, and is expected to maintain its dominant revenue share in 2031. Further, LAMEA region is expected to manifest the fastest CAGR of 4.4% during the forecast period. The research also analyzes regions such as Europe and Asia-Pacific.

Key players of the global mixer grinder 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 Ltd., Kenstar, LG Electronics Ltd., Morphy Richards, Newell Brands, Panasonic Corporation, Samsung Electronics and Whirlpool Corporation. The report provides a detailed analysis of these major market players. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements and others to increase their market share and maintain dominant shares in different regions. The report is valuable for highlighting the business performance, operating segments, product portfolio, and strategic moves of market players to present the competitive scenario.

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About Us

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.


        

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