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The commercial milkshake machines market share is expected to increase by USD 5.16 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 1.75%.
This commercial milkshake machines market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial milkshake machines market segmentation by product (multiple spindles and single spindle) and geography (North America, APAC, Europe, South America, and MEA). The commercial milkshake machines market report also offers information on several market vendors, including Ali Group Srl, bianco di puro GmbH & Co. KG, Blendtec Inc., Ceado Srl, Conair Corp., Hamilton Beach Brands Holding Co., Omcan Inc., Omega Juicers, Optimum Appliances, and Vita-Mix Corp. among others.
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The high-profit margins from milkshakes are notably driving the commercial milkshake machines market growth, although factors such as availability of substitute may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial milkshake machines industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.
Key Commercial Milkshake Machines Market Driver
High-profit margins from milkshakes are the major drivers of the commercial milkshake machines market growth. Milkshakes, on average, account for profit margins in the range of 50%-70%. The average selling price of a cup of milkshake with different ingredients such as milk, ice cream, syrups, sugar, cookies, nuts, chocolate, coffee, and others generally ranges from $2 to $5, while the cost of production is less than $1. For instance, Sonic banana milkshake and Wendy's chocolate frosty milkshake are priced less than $3, Five Guys malted vanilla milkshake and Chick-fil-A cookies and cream milkshake are priced around $4, and Smashburger salted caramel milkshake and Bobby's Burger Palace pistachio milkshake are priced around $5. A small food service establishment can earn close to $50,000 per year from selling milkshakes if the selling price is $3.5, the cost of production is around $0.80 with at least 50 servings per day, and it is open seven days a week, and 12 months a year. This translates to a daily profit of around $135. Such high-profit margins encourage many end-users in the milkshake segment to invest in improved models of commercial milkshake machines. These models help ensure consistent and superior quality of output, which enables end-users to achieve high-profit margins.
Key Commercial Milkshake Machines Market Trend
Increasing preference for milkshake machines with maximum power and precision is one of the major trends in the commercial milkshake machines market growth. Commercial milkshake machine vendors are enhancing the quality of milkshake machines by providing more power and higher efficiency to tackle competition, stimulate sales, and gain market share. For instance, Roband Australia Pty Ltd. provides powerful motors in its commercial milkshake machines. The motors have two-speed functions and can generate 13,000 RPM, along with a separate two-speed on/off switch. The powerful motors allow the easy mixing of ingredients in the preparation of milkshakes. Vita-Mix Corp. offers Mix'n Machine Advance with six pre-programmed settings. It also has an automatic shut-off feature, which provides consistency in the quality of milkshakes. Omega Juicers offers Omega Products' M3000 series, which has a powerful motor, which is balanced in design to minimize vibrations while operating. This offers consistency and high precision while preparing milkshakes on a large scale.
Key Commercial Milkshake Machines Market Challenge
The availability of substitutes is the major challenge to the commercial milkshake machines market growth. Beverage blenders are potential substitutes for commercial milkshake machines. A commercial immersion blender is an appliance with detachable shafts that are used to blend food and beverages using a container. The appliance does not require a jar like the commercial milkshake machine. It can blend huge volumes of milk and ingredients in a single operation to make milkshakes. End-users mainly look for operational efficiency and quality of blending and making milkshakes, and commercial immersion blenders are designed specifically to meet these qualities. Advances made in the commercial immersion blender have also improved its performance significantly. Some of the advances are ergonomic handles for a comfortable grip, improved variable speed settings, cordless models, and the use of high torque motors. Given the above factors, the market for commercial immersion blenders is expected to grow significantly during the forecast period. The growth of the global commercial immersion blender market could hamper the growth of the global milkshake machines market during the forecast period.
This commercial milkshake machines market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global commercial milkshake machines market as a part of the global household appliances market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial milkshake machines market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the commercial milkshake machines market encompasses successful business strategies deployed by the key vendors. The commercial milkshake machines market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The commercial milkshake machines market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the commercial milkshake machines market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the household appliances market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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75% of the market’s growth will originate from the US during the forecast period. However, market growth in the US will be slower than the growth of the market in Mexico and Canada.
The adoption of innovative supply chain strategies and the use of automotive transmission dynamometers in military vehicles and heavy equipment testing will facilitate the commercial milkshake machines market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The commercial milkshake machines market in the region faced huge challenges due to the outbreak of COVID-19 in the US, Canada, and Mexico during 2020. The US was severely affected by the pandemic, and several states in the country witnessed lockdowns in the first half of 2020. This substantially hit production across the household appliances industry, which affected the regional commercial milkshake machines market. Similar situations in Canada and Mexico slowed down the growth of the commercial milkshake machines market. Also, the outbreak compelled the governments of several countries to impose a total lockdown, leading people to be confined in their homes, thereby limiting the sales of commercial milkshake machines from offline distribution channels. However, once the pandemic ceases to exist, the regional commercial milkshake machines market will register moderate growth during the forecast period as vendors are actively promoting online sales, especially through brand-owned e-commerce portals in their home countries, and giving discounts on prominent household appliances, such as commercial milkshake machines.
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The automotive transmission dynamometer market share growth in North America by the testing centers and body shops segment will be significant during the forecast period. The increasing automotive sales will lead to subsequent growth in the adoption of transmission dynamometers in testing centers and body shops.
This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial milkshake machines market size and actionable market insights on post COVID-19 impact on each segment.
Commercial Milkshake Machines Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 1.75% |
Market growth 2021-2025 |
$ 5.16 million |
Market structure |
Fragmented |
YoY growth (%) |
1.11 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
APAC at 39% |
Key consumer countries |
US, China, UK, Germany, and Japan |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Ali Group Srl, bianco di puro GmbH & Co. KG, Blendtec Inc., Ceado Srl, Conair Corp., Hamilton Beach Brands Holding Co., Omcan Inc., Omega Juicers, Optimum Appliances, and Vita-Mix Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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