Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 318.4 Million | USD 611.5 Million | 8.5% | 2022 |
FrequentlyAsked Questions
The hand blender is a kitchen and laboratory tool that can be used to crush, combine, and blend different substances, 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.
The primary factor projected to drive the 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.
According to the report, the global market size was worth around USD 318.4 million in 2022 and is predicted to grow to around USD 611.5 million by 2030.
The global hand blender market is expected to grow at a CAGR of 8.5% during the forecast period.
The global hand blender market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the increasing demand for modular kitchen appliances.
The global hand blender market is dominated by players like Siroca, Braun, TESCOM, Iris Ohyama, Conair, Whirlpool, Breville, Philips, Vitamix, Panasonic, Vitantonio, JVC Kenwood, Electrolux, Twinbird, ESGE, Vremi, Russell Hobbs, Hamilton Beach, Krups and Calphalon among others.
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