According to a new report, published by KBV research, The Global Stand Mixer Market size is expected to reach $2.8 billion by 2031, rising at a market growth of 4.6% CAGR during the forecast period.
The Commercial segment is experiencing a CAGR of 5.1% during (2024 - 2031). Commercial stand mixers are designed to handle larger quantities and more demanding tasks, making them essential tools for bakeries, restaurants, and catering services. The robust construction and powerful motors of commercial stand mixers enable them to perform heavy-duty mixing, kneading, and whipping with efficiency and consistency. This dependability is essential for organizations that necessitate high performance and durability to satisfy their production requirements.
The Hypermarket/Supermarket segment is leading dominated the Global Stand Mixer Market by Distribution Channel in 2023; thereby, achieving a market value of $1.3 billion by 2031. Hypermarkets and supermarkets offer a convenient one-stop shopping experience, allowing consumers to purchase stand mixers and regular grocery shopping. The extensive product displays and in-store demonstrations enable customers to physically examine and compare different models, fostering informed purchasing decisions.
The Bowl Lift segment would capture a CAGR of 5.3% during (2024 - 2031). Bowl lift mixers are known for their robust design and powerful motors, which provide the stability and strength required for heavy-duty tasks like kneading dense dough and mixing large batches of ingredients. This makes them particularly popular among serious bakers, professionals, and small-scale food entrepreneurs. The larger mixing bowls associated with bowl lift mixers enable the preparation of bigger batches, which is advantageous for frequent bakers or those catering to gatherings and events.
Full Report: https://www.kbvresearch.com/stand-mixer-market/
The Europe region dominated the Global Stand Mixer Market by Region in 2023; thereby, achieving a market value of $1.1 billion by 2031. The North America region is poised to grow at a CAGR of 4.4% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 5.2% during (2024 - 2031).
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