Global Hand Blender Market Size & Share Revenue to Exceed $611.5 Million by 2030 with 8.5% CAGR | Food Industry Analysis

Alexandria, VA, April 17, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Hand Blender Market By Product (Corded And Cordless), By Application (Residential And Commercial), By Distribution Channel (Offline And Online), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Hand Blender Market size & share in terms of revenue was valued at USD 318.4 million in 2022 and it is expected to surpass around USD 611.5 million mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 8.5% during the forecast period 2023 to 2030.”

What is Hand Blender? How big is the Hand Blender Industry?

Hand Blender Market Coverage & Overview:

The global hand blender market size was worth around USD 318.4 million in 2022 and is predicted to grow to around USD 611.5 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.5% between 2023 and 2030.

The hand blender is a kitchen and laboratory tool that can be used to crush, combine, and blend various materials, including food. It has a revolving metal blade at the bottom that is driven by an electric motor and is common in commercial kitchens. The device is frequently used to chop vegetables and other foods, as well as to make soups, juices, and other dishes because it aids in fully stirring the ingredients.

Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs - https://www.zionmarketresearch.com/sample/hand-blender-market

(A free sample of this report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the Following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
• About 214+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on Request
• Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
• Includes Tables and figures have been updated
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
• Zion Market Research research methodology

(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)

Global Hand Blender Market: Growth Factors

The primary factor projected to drive the global hand blender market is the rise in spending on portable kitchen appliances among families to improve cooking convenience. Additionally, it is anticipated that global middle-income age groups' evolving inclinations towards a luxurious lifestyle will encourage expenditure on high-tech kitchen appliances like hand blenders. In addition, due to a fast-paced lifestyle, consumer choice has changed to portable kitchen gadgets. Because of a movement in attention toward cooking at home for a healthy lifestyle, the working-class population has been much more likely to embrace small and versatile kitchen appliances.

Furthermore, consumers are embracing kitchen appliances with superior space-saving and multi-functional features due to the rise in the number of working women and the global decline in the size of households. These portable cooking gadgets are frequently used in both domestic and commercial settings, such as bakeries and fast-food restaurants. To reach the widest possible consumer base in the unexplored market, major kitchen appliance manufacturers are making investments in emerging nations.

For instance, De'Longhi Group stated in September 2018 that it would be expanding its line of portable kitchen products to include Braun-branded blenders, hand blenders, and hand mixers. The Braun MultiQuick 5 Baby, one of the most popular hand blenders, will also be released by the firm. A 350-watt motor and two-speed options are included with the device. Additionally, the design of this blender makes it appropriate for producing the best purée possible for baby food. However, the lack of power and functionality is expected to hamper the market growth during the forecast period.

Directly Purchase a copy of the report with TOC @ https://www.zionmarketresearch.com/buynow/su/hand-blender-market

Report Scope

Hand Blender Market: Segmentation Analysis

The global hand blender market is segmented based on product, application, distribution channel, and region.

Based on the product, the hand blender industry is bifurcated into corded and cordless. The corded segment captures the largest market share during the forecast period. The high-power rating labels on these products are taken as evidence that they are energy-consuming machinery. On the other hand, the cordless segment is expected to grow at the fastest rate over the forecast period.

Based on the application, the global hand blender industry is divided into residential and commercial. The commercial segment is expected to capture the largest market share over the forecast period. The growth in the segment is attributed to the growing infrastructural facilities such as restaurants and hotels across the globe. Moreover, the demand for this product across numerous resorts and tourist destinations throughout the world is further anticipated to be supported by people's growing interest in leisure travel and activities. Thus, driving the segment growth.

Based on the distribution channel, the hand blender industry is segmented into offline and online. The online segment is expected to grow at the highest CAGR over the forecast period. The growing adoption of smartphones coupled with increasing internet penetration is responsible for the segment growth during the forecast period. Moreover, the high degree of comfort and shopping ease related to the channel. Additionally, e-commerce sites like Rakuten, Amazon, Walmart, and Flipkart, as well as social media and Google ads, have a significant impact on consumer choices for buying home electronics, including hand blenders.

The global Hand Blender market is segmented as follows:

By Product

• Corded
• Cordless

By Application

• Residential
• Commercial

By Distribution Channel

• Offline
• Online

Browse the full “This review is based on a report by Zion Market Research, titled “Hand Blender Market By Product (Corded and Cordless), By Application (Residential and Commercial), By Distribution Channel (Offline and Online), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/hand-blender-market

Competitive Landscape

Some of the main competitors dominating the global Hand Blender market include - 

• Siroca
• Braun
• TESCOM
• Iris Ohyama
• Conair
• Whirlpool
• Breville
• Philips
• Vitamix
• Panasonic
• Vitantonio
• JVC Kenwood
• Electrolux
• Twinbird
• ESGE
• Vremi
• Russell Hobbs
• Hamilton Beach
• Krups
• Calphalon
• Among Others.

 Key Insights from Primary Research:

• According to the analysis shared by our research forecaster, the Hand Blender market is likely to expand at a CAGR of around 8.5% during the forecast period (2023-2030).                                            
• In terms of revenue, the Hand Blender market size was valued at around US$ 318.4 million in 2022 and is projected to reach US$ 611.5 million by 2030.
• Based on the product, the corded segment captures the largest market share during the forecast period.
• Based on the application, the residential segment is growing at a significant rate during the forecast period.
• Based on the distribution channel, the offline segment is expected to capture the largest revenue share over the forecast period.
• Based on region, North America is expected to dominate the market during the forecast period.

Have Any Query? Ask Our Experts: https://www.zionmarketresearch.com/inquiry/hand-blender-market

Key questions answered in this report:

• What is the market size and growth rate forecast for Hand Blender industry?
• What are the main driving factors propelling the Hand Blender Market forward?
• What are the leading companies in the Hand Blender Industry?
• What segments does the Hand Blender Market cover?
• How can I receive a free copy of the Hand Blender Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Product, By Application, By Distribution Channel, And By Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Request for Customization on this Report as per your requirements - https://www.zionmarketresearch.com/custom/7144

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

Regional Analysis:

North America is expected to dominate the global hand blender market over the forecast period. The growth in the region is attributed to the increasing population of working women and the changing eating pattern. On the other hand, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period owing to increasing consumer demand for modular kitchens along with smart appliances, in turn, drive the market growth in the region.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Get Infographics @ https://www.zionmarketresearch.com/content/uploadedimages/global-hand-blender-market-growth.png

Recent Developments

• In March 2022, a new line of motor options from Power Motor is presented for cordless hand blenders. A complete motion solution is offered by the PT2730 series and PT555PM series for cordless hand blenders and mixers. The low-voltage permanent magnet DC motor, motor driver, and rechargeable battery pack are all included in the highly integrated product assembly.
• In March 2018, one of the most popular hand blenders was introduced by Braun GmbH under the name "Braun MultiQuick 5 Baby." The company debuted these goods at the International Home + Housewares Show in Chicago, Illinois, in March 2018. The product visibility is increased by these cutting-edge product introductions. The device has numerous speed settings and 350 watts of electricity.
• In April 2018, a significant Indian manufacturer of electrical appliances, Bajaj Electricals Limited, debuted its new hand blender under the name "Bajaj HB10." These important actions can help the market grow in the upcoming years.

To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/hand-blender-market

FREQUENTLY ASKED QUESTIONS

• What is a hand blender?
• Which key factors will influence the hand blender market growth over 2023-2030?
• What will be the value of the hand blender market during 2023-2030?
• What will be the CAGR value of the hand blender market during 2023-2030?
• Which region will contribute notably towards the hand blender market value?
• Which are the major players leveraging the hand blender market growth?

Browse Other Related Research Reports from Zion Market Research:

Blenders And Juicers Market For Bakery, Dairy, Beverage, Confectionery, And Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020 – 2028: https://www.zionmarketresearch.com/report/blenders-and-juicers-market

Confectionery Processing Equipment Market: Report by Type (Thermal, Mixers, Blenders, Cutters, Extrusion, Cooling, Coating), by Mode of Operation (Automatic and Semi-Automatic), by Mode of Operation (Hard Candies, Chewing Gums, Gummies & Jellies, and Soft Confectionery): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026: https://www.zionmarketresearch.com/report/confectionery-processing-equipment-market

Food Blender & Mixer Market By Technology (Continuous Mixing, Batch Mixing), By Type (Double Cone Blender, Screw Mixer & Blender, High Shear Mixer, Planetary Mixer, Ribbon Blender, And Others), By Mode Of Operation (Semi-Automatic, And Automatic), By Application (Bakery Products, Beverages, Confectionery, Meat Products, Dairy, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030: https://www.zionmarketresearch.com/report/food-blender-mixer-market

Hand Dryer Market By Type (Hot Hand Dryers And Jet Hand Dryers) By Application (Hotel, Hospitals & Clinics, Food Processing & Service Industry, Commercial Complexes, And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028: https://www.zionmarketresearch.com/report/hand-dryer-market

Household And DIY Hand Tools Market By Type (General Purpose Tools, Metal Cutting Tools, Layout & Measuring Tools, Taps & Dies), By Application (Household Appliances, Entertainment & Consumer Electronics, IT & Telecommunications, Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028: https://www.zionmarketresearch.com/report/household-and-diy-hand-tools-market

Licensed Sports Merchandise Market: By Product Category (Apparel And Footwear, Accessories And Gifts, Toys And Games, And Others), By Distribution Channel (E-Commerce Or Online Stores, Offline Stores, Department Stores, Specialty Stores, And Others), By Price Range (Premium And Economic) - Global Industry Perspective, Comprehensive Analysis And Forecast, 2017 – 2024: https://www.zionmarketresearch.com/report/licensed-sports-merchandise-market

Power and Hand Tools Market - by Technology (Engine Driver, Hydraulic & Powder-Actuated, Pneumatic, and Electric), Application (Electronics, Construction, Aerospace, Automobiles, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026: https://www.zionmarketresearch.com/report/power-and-hand-tools-market

Smart Hand Tools Market: By Product Type (General Purpose Tools, Layout and Measuring Tools, Metal Cutting Tools, Taps and Dies) By Sales Channel (Online Sales, Retail Sales and Distributor Sales) By End-User (Mechanical, Industrial, Household, Intelligence & Reconnaissance, Command & Control, Target Recognition and Surveillance & Monitoring) By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2019 – 2025.: https://www.zionmarketresearch.com/report/smart-hand-tools-market

Merchandising Units Market - By Type (Standard And Customized), By Application (Hypermarkets, Supermarkets, Specialty Stores, Departmental Stores, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025: https://www.zionmarketresearch.com/report/merchandising-units-market

Automated Material Handling Equipment And Systems Market: By Product (Robots, Automated Guided Vehicles (AGV), Conveyor & Sortation Systems, Automated Storage & Retrieval Systems, And Others), By System (Unit Load Material Handling System And Bulk Load Material Handling System), By Application (Transportation, Waste Handling, Packaging, Assembly, And Distribution), And By Industry Vertical (Automotive, Metals & Heavy Machinery, Food & Beverages, Semiconductor & Electronics, Retail, And Others) - Global Industry Perspective, Comprehensive Analysis And Forecast, 2017 – 2024: https://www.zionmarketresearch.com/report/automated-material-handling-equipment-and-systems-market

About Zion Market Research:

Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us on LinkedIn: https://www.linkedin.com/company/zion-market-research/

Follow Us on Twitter: https://twitter.com/zion_research

Follow Us on Facebook: https://www.facebook.com/zionmarketresearch

Follow Us on Pinterest: https://www.pinterest.com/zionmarketresearch/

Follow Us on YouTube: https://youtu.be/Y0Yfi7N8zSs

Contact Us:

Rushikesh Dorge

USA: +1 347 690-0211

United Kingdom: +44 2032 894158

Japan: +81 50 5806 9039

India: +91 7768 006 007

Web: https://www.zionmarketresearch.com/

Blog: https://zmrblog.com/

Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or Media?

Email Directly Here with Detail Information: sales@zionmarketresearch.com