Whipping Up Success: The Electric Milkshake Machine Market’s Smooth 5.6% CAGR Odyssey from 2022 to 2032
The global sales of electrical milkshake machines totaled a valuation of US$ 1666.2 million in 2022. The overall electric milkshake machine market size is anticipated to expand at 5.6% CAGR between 2022 and 2032, crossing a valuation of US$ 2873.2 million by 2032.
Increasing consumption of milkshakes and other blended beverages due to their
high nutritional content and rising adoption of electric milkshake machines
across households and commercial sectors such as restaurants and cafes are
driving the global market forward.
In recent years, electric milkshake machines have gained
huge traction across the world for making various types of blended beverages.
These electric appliances have made the preparation of milkshakes easy. Hence,
they are being increasingly employed in households, restaurants, cafes, and
several other end-use sectors.
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Electric milkshake machine demand remains particularly high in the residential
sector due to increasing consumer spending on electronic appliances and the
growing popularity of smart homes. As the global population continues to
increase rapidly, so does the need for electrical items.
The average monthly income of households has improved, enabling them to
purchase various electrical appliances to improve their living standard. This
will continue to accelerate growth in the global electric milkshake machine
Market during the assessment period.
A growing number of milkshake brands worldwide and the availability of
customized milkshake equipment are expected to create lucrative opportunities
for electric milkshake machine manufacturers.
Similarly, reduction in product prices, increasing demand for packaged
milkshakes, and growing popularity of fully-automated appliances will boost
electric milkshake machine sales over the projection period.
Key Takeaways from the Electric Milkshake Machine Market
Study:
Global electric milkshake machine demand is projected to surge at a CAGR of
5.6% between 2022 and 2032.
By end user, the household segment holds a prominent share
of the global electric milkshake machines market.
Based on operating mode, sales of fully automated electric milkshake machines
are likely to outpace other types.
The European electric milkshake machine market size reached US$ 666.5 million
in 2022.
With the rapid growth of the electronic appliances industry, China is likely to
emerge as a lucrative market for electric milkshake machines during the
forecast period.
The United States electric milkshake machine market is currently valued at
around US$ 430.5 million.
“Rapid urbanization and increasing disposable income are emerging as the two
main forces driving demand for electrical appliances such as electric milkshake
machines worldwide. Besides, this growing consumption of milkshakes and other
blended beverages will positively influence the electric milkshake machine
market over the next ten years”, says a lead FMI analyst.
Key Companies Profiled:
Hitachi Ltd
Apple Inc.
Panasonic Corporation
Ali Group Srl
Hamilton Beach Brands Holding Co.
Vita-Mix Corp.
Amilton Beach Brands
Electro Freeze
Federal Hospitality Equipment
KitchenAid
Get Valuable Insights into the Electric Milkshake Machine
Market
FMI, in its new offering, provides an unbiased analysis of the electric
milkshake machine equipment market presenting historical demand data (2017 to
2022) and forecast statistics for the period from (2022 to 2032). The study
divulges compelling insights on the demand for Electric milkshake machine
equipment based on product type (mixers, mix-in blenders), type (single
spindle, double spindle, triple spindle), operating mode (manual,
semi-automated, fully-automated), material (polycarbonate, stainless steel),
and end-user (hotel & restaurants, bakery, household, cafes, cloud kitchens)
across several regions.
Key Segments
By Product Type:
Mixers
Mix-in Blenders
By End User:
Hotel and Restaurants
Bakery
Household
Cloud Kitchens
Cafes
By Type:
Single Spindle
Double Spindle
Triple Spindle
By Operating Mode:
Manual
Semi-automated
Fully-automated
By Material:
Stainless steel
Polycarbonate
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
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