Commercial beverage blender market 2023-2027: A descriptive analysis of five forces model, market dynamics, and segmentation - Technavio

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Jan 24, 2023, 02:00 ET

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- According to Technavio, the global commercial beverage blender market size is estimated to grow by USD 12.72 million from 2022 to 2027. The market is expected to grow at a CAGR of 3.14%. Moreover, the growth momentum will accelerate. North America will account for 34% of the growth of the global market during the forecast period.

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Technavio has announced its latest market research report titled Global Commercial Beverage Blender Market 2023-2027

Global commercial beverage blender market - Five forces
The global commercial beverage blender market is fragmented, and the five forces analysis covers–

Bargaining Power of Buyers
The threat of New Entrants
Threat of Rivalry
Bargaining Power of Suppliers
Threat of Substitutes
Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Global commercial beverage blender market – Customer landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global commercial beverage blender market - Segmentation assessment

Segment overview

Technavio has segmented the market based on end-user (JCP, restaurants, and others) and distribution channels (offline and online).

The JCP segment will grow at a significant rate during the forecast period. Growing health benefits offered by various types of blended beverages, such as smoothies, will increase demand for such beverages and encourage juice bars, clubs, and pubs (JCP) to offer such beverages. Juices and smoothies also contribute majorly to the frozen beverage market in various countries. The revenue generated from the juice bar industry is increasing in various countries such as the UK and Australia. Hence, the increased sales from end-user establishments will drive the growth in demand for commercial beverage blenders during the forecast period.

Geography Overview
By geography, the global commercial beverage blender market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global commercial beverage blender market.

North America is estimated to account for 34% of the growth of the global market during the forecast period. The commercial beverage blender market in North America is expected to grow during the forecast period. The US and Canada are key countries contributing to the growth of the commercial beverage blender market in the region. Restaurants in the United States are growing their demand for frozen and slushy coffee drinks, which comprise numerous sorts of blended beverages. The increase in the sales of frozen blended beverages in the region can also influence the growth in demand for commercial beverage blenders during the forecast period.

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Global commercial beverage blender market – Market dynamics

Key factor driving market growth

The health benefits of different kinds of smoothies may increase per capita consumption during the projection period, resulting in increased demand for commercial beverage blenders.
Citrus fruit smoothies contain vitamin C, which supports the immune system and aids in the production of collagen, which is necessary for the suppleness and smoothness of human skin.
The highly nutritious ingredients contained in blended beverages help consumers detox their systems and get rid of toxins.
Hence, the growing health benefits offered by blended beverages will spur the sales of such beverages from food service establishments during the forecast period.

Leading trends influencing the market

The growing preference for commercial beverage blenders with noiseless operations is an emerging trend in the market.
Commercial beverage blender manufacturers are attempting to provide equipment with advanced functionality in order to improve the consumer experience in food service operations.
Higher noise levels in food service facilities can have an adverse effect on the customer experience as well as prospective sales of blended beverages from food service outlets.
Some of the vendors that offer commercial beverage blenders with noise-reduction technology are Blendtec, Hamilton Beach Brands, and Vita-Mix Corp. (Vita-Mix).

Major challenges hindering market growth

The growing demand for second-hand commercial beverage blenders is a major challenge impeding the market growth.
End-users prefer to purchase pre-used commercial beverage blenders to save on the cost of purchasing expensive equipment.
Many small and medium-sized food service enterprises and price-sensitive end-users prefer pre-used commercial beverage blenders to reduce the initial expenditure required to introduce or extend their blended beverage services, particularly in developing nations.
Furthermore, the growing market for pre-used commercial beverage blenders is expected to affect the potential growth prospects of the global commercial beverage blender market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this commercial beverage blender market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the commercial beverage blender market between 2023 and 2027
Precise estimation of the commercial beverage blender market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the commercial beverage blender industry across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of commercial beverage blender market vendors

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Commercial Beverage Blender Market Scope

Report Coverage	Details
Page number	170
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 3.14%
Market growth 2023-2027	USD 12.72 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	2.99
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 34%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	bianco di puro GmbH and Co. KG, Blendtec Inc., Breville USA Inc., Brew Driver, Conair Corp., GEA Group AG, Hamilton Beach Brands Holding Co., Newell Brands Inc., Omcan Inc., Optimum Appliances, Philips International BV, Quamar Srl, Sammic SL, SANTOS SAS, Skyfood Equipment LLC, Stanley Black and Decker Inc., Stoelting Foodservice Equipment, Tetra Laval S.A., Vita-Mix Corp., and Whirlpool Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market Definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global commercial beverage blender market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global commercial beverage blender market 2017 - 2021 ($ million)

4.2 End-user Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.3 Distribution channel Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments

Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user

Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user

6.3 JCP - Market size and forecast 2022-2027

Exhibit 34: Chart on JCP - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on JCP - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on JCP - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on JCP - Year-over-year growth 2022-2027 (%)

6.4 Restaurants - Market size and forecast 2022-2027

Exhibit 38: Chart on Restaurants - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Restaurants - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Restaurants - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Restaurants - Year-over-year growth 2022-2027 (%)

6.5 Others - Market size and forecast 2022-2027

Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by End-user

Exhibit 46: Market opportunity by End-user ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments

Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)

7.2 Comparison by Distribution Channel

Exhibit 49: Chart on Comparison by Distribution Channel
Exhibit 50: Data Table on Comparison by Distribution Channel

7.3 Offline - Market size and forecast 2022-2027

Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)

7.4 Online - Market size and forecast 2022-2027

Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Distribution Channel

Exhibit 59: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027

Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027

Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027

Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027

Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027

Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027

Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027

Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 106: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 108: Overview on factors of disruption

11.4 Industry risks

Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 110: Vendors covered

12.2 Market positioning of vendors

Exhibit 111: Matrix on vendor position and classification

12.3 bianco di puro GmbH and Co. KG

Exhibit 112: bianco di puro GmbH and Co. KG - Overview
Exhibit 113: bianco di puro GmbH and Co. KG - Product / Service
Exhibit 114: bianco di puro GmbH and Co. KG - Key offerings

12.4 Blendtec Inc.

Exhibit 115: Blendtec Inc. - Overview
Exhibit 116: Blendtec Inc. - Product / Service
Exhibit 117: Blendtec Inc. - Key offerings

12.5 Breville USA Inc.

Exhibit 118: Breville USA Inc. - Overview
Exhibit 119: Breville USA Inc. - Product / Service
Exhibit 120: Breville USA Inc. - Key offerings

12.6 Conair Corp.

Exhibit 121: Conair Corp. - Overview
Exhibit 122: Conair Corp. - Business segments
Exhibit 123: Conair Corp. - Key offerings
Exhibit 124: Conair Corp. - Segment focus

12.7 GEA Group AG

Exhibit 125: GEA Group AG - Overview
Exhibit 126: GEA Group AG - Business segments
Exhibit 127: GEA Group AG - Key offerings
Exhibit 128: GEA Group AG - Segment focus

12.8 Hamilton Beach Brands Holding Co.

Exhibit 129: Hamilton Beach Brands Holding Co. - Overview
Exhibit 130: Hamilton Beach Brands Holding Co. - Product / Service
Exhibit 131: Hamilton Beach Brands Holding Co. - Key news
Exhibit 132: Hamilton Beach Brands Holding Co. - Key offerings

12.9 Newell Brands Inc.

Exhibit 133: Newell Brands Inc. - Overview
Exhibit 134: Newell Brands Inc. - Business segments
Exhibit 135: Newell Brands Inc. - Key news
Exhibit 136: Newell Brands Inc. - Key offerings
Exhibit 137: Newell Brands Inc. - Segment focus

12.10 Omcan Inc.

Exhibit 138: Omcan Inc. - Overview
Exhibit 139: Omcan Inc. - Product / Service
Exhibit 140: Omcan Inc. - Key offerings

12.11 Philips International BV

Exhibit 141: Philips International BV - Overview
Exhibit 142: Philips International BV - Business segments
Exhibit 143: Philips International BV - Key offerings
Exhibit 144: Philips International BV - Segment focus

12.12 Sammic SL

Exhibit 145: Sammic SL - Overview
Exhibit 146: Sammic SL - Product / Service
Exhibit 147: Sammic SL - Key offerings

12.13 SANTOS SAS

Exhibit 148: SANTOS SAS - Overview
Exhibit 149: SANTOS SAS - Product / Service
Exhibit 150: SANTOS SAS - Key offerings

12.14 Stanley Black and Decker Inc.

Exhibit 151: Stanley Black and Decker Inc. - Overview
Exhibit 152: Stanley Black and Decker Inc. - Business segments
Exhibit 153: Stanley Black and Decker Inc. - Key news
Exhibit 154: Stanley Black and Decker Inc. - Key offerings
Exhibit 155: Stanley Black and Decker Inc. - Segment focus

12.15 Stoelting Foodservice Equipment

Exhibit 156: Stoelting Foodservice Equipment - Overview
Exhibit 157: Stoelting Foodservice Equipment - Product / Service
Exhibit 158: Stoelting Foodservice Equipment - Key offerings

12.16 Vita-Mix Corp.

Exhibit 159: Vita-Mix Corp. - Overview
Exhibit 160: Vita-Mix Corp. - Product / Service
Exhibit 161: Vita-Mix Corp. - Key offerings

12.17 Whirlpool Corp.

Exhibit 162: Whirlpool Corp. - Overview
Exhibit 163: Whirlpool Corp. - Business segments
Exhibit 164: Whirlpool Corp. - Key offerings
Exhibit 165: Whirlpool Corp. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 168: Currency conversion rates for US$

13.4 Research methodology

Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources

13.5 List of abbreviations

Exhibit 172: List of abbreviations

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