Nutrient-rich foods such as leafy greens and fruits are blended together using various blade attachments that extract all their nutrients. Traditional blenders are used for making beverages, smoothies, ice cream, batters, soups, doughs, etc., with different shapes blades that chop or crush ingredients uniformly without leaving lumps or pieces stuck in the blades. The Asia Pacific market is estimated to grow at the highest CAGR in the years to come. The North American blender market is the largest with over 30% market share and is forecast to grow at a CAGR of 3.7% during the forecast period. These key drivers are in addition to increasing interest in plant-based diets, which have driven growth of vegan and vegetarian products.
This growth is attributable to the penetration of blenders into households across geographies and Millennials overtaking Baby Boomers as the largest generation in the United States and across the globe. 29, 2022 (GLOBE NEWSWIRE) - Blender market is projected to grow at a CAGR of 4.80% between 20, according to SkyQuest.
Global blender market size was valued at US$ 2.57 billion in 2021, and it is expected to reach a value of US$ 3.58 billion by 2028, at a CAGR of 4.80% over the forecast period (2022–2028).
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