Lewes, DE -- (SBWire) -- 01/20/2017 --Report forecast the global commercial beverage blender market to grow at a CAGR of 8.29% during the period 2016-2020.
Commercial beverage blenders are gaining significant prominence among various food service establishments that have considerably high demand for beverages like smoothies and frozen beverages. These food service establishments need to provide consistent quality of blended beverages by pulverizing even the hardest ingredients to provide a fine and smooth texture. Moreover, many food service establishments are also expanding their menu offerings and including blended beverages in their menu.
The report covers the present scenario and the growth prospects of the global commercial beverage blender market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of new units of commercial beverage blenders to end-users like juice bars, pubs, and clubs, restaurants, hotels and catering companies.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
According to the report, one of the major drivers for this market is strategic alliances. Increase in number of strategic alliances to improve the product reach and enhance the sales network is expected to significantly propel the market growth during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is prevailing market for used commercial beverage blenders. Most of the commercial beverage blender operators are leaning toward using high-end beverage blender models so as to offer better quality beverage with high consistency over the taste and texture of blended beverages. However, many small food service establishments are price sensitive and avoid unnecessary expenditure to maximize their overall profit margin. Thus, they prefer investing in used beverage blenders to get advanced features at economical price.
Global Commercial Beverage Blender Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global commercial beverage blender market: Vitamix, Blendtec, Hamilton Beach Brands, and Waring.
Other Prominent Vendors in the market are: Ceado, Univex, JTC Electronics, Keepsun Electrical, Optimum, Rotor Lips, Sammic, SANTOS, Semak, and Sirman.
Market driver
- Strategic alliances
- For a full, detailed list, view our report
Market challenge
- Prevailing market for used commercial beverage blenders
- For a full, detailed list, view our report
Market trend
- Jar free technology
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 59 pages and 30 Exhibits "Global Commercial Beverage Blender Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by container construction, Market segmentation by capacity, Market segmentation by end-user, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Competitor landscape, Key vendor analysis, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-commercial-beverage-blender-market-2016-2020
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