Food Mixer Market

The article discusses the projected growth of the global market for domestic food grinders, mixers, and juice extractors from 2022 to 2030. Despite a decline in consumption in 2022, the overall trend has shown significant expansion since 2012. Key findings include the countries with the highest consumption levels (India, China, United States), production trends, and import/export data. China and the United States emerge as major players in both production and export of these food processing appliances, while consumption rates vary among different countries. Overall, the article provides a comprehensive overview of the market trends and forecasts for the coming years.

Market Forecast

Driven by increasing demand for domestic food grinders and mixers and fruit or vegetable juice extractors worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.6% for the period from 2022 to 2030, which is projected to bring the market volume to 815M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.4% for the period from 2022 to 2030, which is projected to bring the market value to $19.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors

In 2022, after four years of growth, there was decline in consumption of domestic food grinders and mixers and fruit or vegetable juice extractors, when its volume decreased by -4.4% to 666M units. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +94.2% against 2012 indices. Global consumption peaked at 696M units in 2021, and then fell in the following year.

The global food mixer market size contracted to $13.7B in 2022, declining by -8.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +30.1% against 2018 indices. As a result, consumption attained the peak level of $14.9B, and then shrank in the following year.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were India (175M units), China (165M units) and the United States (69M units), with a combined 61% share of global consumption.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +14.9%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, India ($3.2B), China ($2.5B) and the United States ($1.3B) constituted the countries with the highest levels of market value in 2022, together accounting for 51% of the global market.

Among the main consuming countries, China, with a CAGR of +11.0%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of food mixer per capita consumption in 2022 were Germany (233 units per 1000 persons), the United States (205 units per 1000 persons) and the UK (173 units per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by India (with a CAGR of +13.8%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors

After four years of growth, production of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -6.5% to 720M units in 2022. In general, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 39% against the previous year. Global production peaked at 770M units in 2021, and then contracted in the following year.

In value terms, food mixer production declined to $14.2B in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +82.5% against 2012 indices. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. Over the period under review, global production attained the maximum level at $15.7B in 2021, and then declined in the following year.

Production By Country

The country with the largest volume of food mixer production was China (415M units), comprising approx. 58% of total volume. Moreover, food mixer production in China exceeded the figures recorded by the second-largest producer, India (175M units), twofold. The third position in this ranking was taken by the United States (17M units), with a 2.4% share.

In China, food mixer production expanded at an average annual rate of +5.9% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: India (+15.0% per year) and the United States (+19.9% per year).

Imports

World Imports of Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors

In 2022, supplies from abroad of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -21.6% to 286M units for the first time since 2017, thus ending a four-year rising trend. Overall, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of 364M units, and then reduced rapidly in the following year.

In value terms, food mixer imports fell notably to $6.1B in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports attained the peak of $7.9B, and then fell sharply in the following year.

Imports By Country

In 2022, the United States (60M units), distantly followed by Germany (19M units) were the largest importers of domestic food grinders and mixers and fruit or vegetable juice extractors, together constituting 28% of total imports. The following importers - Russia (12M units), Italy (11M units), France (11M units), the Netherlands (11M units), Spain (10M units), the United Arab Emirates (9.4M units), Mexico (8.2M units), the UK (7.1M units), Poland (6.3M units), Iraq (5.7M units) and Canada (5.5M units) - together made up 34% of total imports.

Imports into the United States increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, Iraq (+21.3%), Spain (+10.3%), Poland (+8.2%), the Netherlands (+6.2%), Italy (+3.7%), Mexico (+3.1%), France (+2.7%), the United Arab Emirates (+2.0%), Russia (+1.9%) and Germany (+1.6%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +21.3% from 2012-2022. Canada experienced a relatively flat trend pattern. By contrast, the UK (-1.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain and Iraq increased by +1.9 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.1B) constitutes the largest market for imported domestic food grinders and mixers and fruit or vegetable juice extractors worldwide, comprising 18% of global imports. The second position in the ranking was taken by Germany ($505M), with an 8.3% share of global imports. It was followed by France, with a 4% share.

In the United States, food mixer imports expanded at an average annual rate of +2.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+0.3% per year) and France (+2.4% per year).

Import Prices By Country

The average food mixer import price stood at $21 per unit in 2022, which is down by -2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 19%. As a result, import price reached the peak level of $27 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($40 per unit), while Spain ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors

In 2022, after four years of growth, there was significant decline in overseas shipments of domestic food grinders and mixers and fruit or vegetable juice extractors, when their volume decreased by -22.3% to 341M units. Overall, exports, however, showed moderate growth. The pace of growth appeared the most rapid in 2018 when exports increased by 80%. Over the period under review, the global exports hit record highs at 438M units in 2021, and then fell notably in the following year.

In value terms, food mixer exports reduced dramatically to $6.5B in 2022. Over the period under review, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of $8.4B, and then dropped remarkably in the following year.

Exports By Country

China prevails in exports structure, accounting for 251M units, which was approx. 74% of total exports in 2022. The following exporters - the Netherlands (8.9M units), the United States (8.5M units), Germany (7.3M units), Mexico (7.3M units), France (6.9M units), Slovenia (6M units) and Spain (5.6M units) - together made up 15% of total exports.

From 2012 to 2022, average annual rates of growth with regard to food mixer exports from China stood at +3.7%. At the same time, Spain (+23.2%), the Netherlands (+10.2%) and the United States (+3.6%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +23.2% from 2012-2022. France and Slovenia experienced a relatively flat trend pattern. By contrast, Germany (-2.1%) and Mexico (-3.1%) illustrated a downward trend over the same period. While the share of China (+6.1 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Mexico (-1.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($3.9B) remains the largest food mixer supplier worldwide, comprising 60% of global exports. The second position in the ranking was held by the United States ($442M), with a 6.8% share of global exports. It was followed by Germany, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +6.3%. In the other countries, the average annual rates were as follows: the United States (+4.2% per year) and Germany (-4.2% per year).

Export Prices By Country

The average food mixer export price stood at $19 per unit in 2022, remaining stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 55% against the previous year. The global export price peaked at $33 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($52 per unit), while France ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform