Blockchain Press Releases
Portable Blender Market to Reach $296.9 Million, Globally, by 2032 at 8.3% CAGR: Allied Market Research
A growing trend of on-the-go consumption among people and an increasing number of dual-income households worldwide are anticipated to drive the growth of the global portable blender market during the forecast period. The North America region is projected to hold the majority of the market share by 2032.
PORTLAND, Ore., July 10, 2023 /PRNewswire/ — Allied Market Research has recently published a report, titled, “Global Portable Blender Market by Material (Plastic, Glass, and Steel), Distribution Channel (Online and Offline), and Region (North America, Europe, Asia-Pacific, and LAMEA): Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global portable blender market generated $137.8 million in 2022, and is anticipated to generate $296.9 million by 2032, witnessing a CAGR of 8.3% from 2023 to 2032.
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Prime Determinants of Growth
Rapid urbanization, changing food consumption patterns, and busy consumer schedules are the factors expected to drive the growth of the global portable blender market in the forecast period from 2023 to 2032. However, the low battery life and limited blending capacity may hamper the portable blender market growth in the coming future. On the contrary, the increasing sale of portable blenders through online platforms and the growing reach of e-commerce platforms are expected to offer remunerative opportunities for the expansion of the portable blender market during the forecast period.
Report Coverage & Details:
Report Coverage |
Details |
Forecast Period |
2023–2032 |
Base Year |
2022 |
Market Size in 2022 |
$137.8 million |
Market Size in 2032 |
$296.9 million |
CAGR |
8.3 % |
No. of Pages in Report |
300 |
Segments covered |
Material, Distribution Channel, and Region |
Drivers |
A rise in fitness enthusiasts and healthy eating practices Increasing demand for healthy meals and beverages |
Opportunities |
Growing health consciousness and changing lifestyles Increase in sales of portable blenders |
Restraints |
Replacement of batteries owing to low performance |
COVID-19 Scenario
- The outbreak of the COVID-19 pandemic has had an adverse impact on the growth of the global portable blender market. The global outbreak hampered global supply chains, causing delays in production, a lack of raw materials, and logistical challenges.
- The portable blender market growth was hampered due to social distancing norms, workforce shortages, and lockdown measures, which led to manufacturing delays in several nations.
- Moreover, delays in transportation and increasing shipping costs hampered the timely supply of portable blenders from factories to distribution centers and retailers, thus hampering the market growth.
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Material: Plastic Sub-segment to Hold Highest Share by 2032
The plastic sub-segment of the global portable blender market accounted for the majority of the share in 2022. The prominent growth of the sub-segment is mainly because portable blenders made of plastic are sometimes less expensive than those made of other materials, making them more widely available to consumers. Besides, they can be utilized for drinking a healthy smoothie or a liquid vitamin at one’s desk, while exercising outdoors, or while working out at the gym.
Distribution Channel: Offline Sub-segment to Hold the Majority of Market Share by 2032
The offline sub-segment was valued for the highest market share in 2022. The significant growth of the offline sub-segment is mainly because offline distribution methods give customers a first-hand look of the products, making it simple for them to check the products’ durability and quality. Besides, offline stores offer a variety of discounts and offers to attract customers.
Region: North America Market to Grab Highest Share by 2032
The portable blender market in the North America region is predicted to hold the highest market share over the forecast period. This growth is mainly due to the increasing popularity of healthy diets and a rising need for nutritious food items. In addition, increased demand for portable blenders due to the need for quick and simple but nutritious food preparations are other factors expected to boost the demand for portable blenders in this region during the forecast period.
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Leading Players in the Portable Blender Market:
- Pop Babies
- Conair Cuisinart
- BILACA
- Keyton
- Little bees
- Oster
- NutriBullet
- Blufied
- BELLA
- Hamilton Beach
The report provides a detailed analysis of the key players of the global portable blender market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others, to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolios, and strategic moves of market players to showcase the competitive scenario.
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Blockchain
MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
Blockchain
Pollbits Redefines Crypto Trading Standards with Industry-Leading Features and Services
PollBits is redefining crypto trading standards with its industry-leading features and services. This platform is making waves in the cryptocurrency trading space by offering innovative solutions and setting new benchmarks for excellence.
PollBits stands out from other crypto trading platforms by introducing cutting-edge features and services that cater to the needs of traders and investors. By prioritizing user experience and functionality, PollBits is enhancing the trading experience and empowering users to make informed decisions in the dynamic cryptocurrency market.
PollBits’ commitment to excellence and innovation is driving its success and setting it apart as a leader in the industry. With its focus on providing industry-leading features and services, PollBits is positioning itself as a go-to platform for traders seeking a reliable and user-friendly trading experience.
Overall, PollBits’ redefinition of crypto trading standards underscores the rapid evolution and maturation of the cryptocurrency industry. As platforms like PollBits continue to push the boundaries of innovation, traders and investors can expect greater accessibility, transparency, and efficiency in cryptocurrency trading, ultimately contributing to the growth and adoption of digital assets worldwide.
Source: cryptonews.com
The post Pollbits Redefines Crypto Trading Standards with Industry-Leading Features and Services appeared first on HIPTHER Alerts.
Blockchain
Fantasy Metaverse Darklume – Presale is LIVE
The presale for Fantasy Metaverse Darklume is now live. This development marks a significant milestone for the project, signaling its progression towards launch and the realization of its vision for a fantasy-themed metaverse.
Fantasy Metaverse Darklume aims to create an immersive virtual world inspired by fantasy themes, offering users the opportunity to explore, interact, and engage with others in a digital environment. The presale phase represents an early opportunity for participants to acquire tokens associated with the project, potentially securing access to exclusive benefits or privileges within the metaverse once it is fully operational.
The launch of the presale underscores the growing interest in metaverse projects and their potential to redefine how people interact and socialize in virtual spaces. As the concept of the metaverse continues to gain traction, initiatives like Fantasy Metaverse Darklume are poised to play a significant role in shaping the future of digital experiences and entertainment.
The presale for Fantasy Metaverse Darklume represents an exciting opportunity for investors and enthusiasts to get involved in a promising project at an early stage. As development progresses and the metaverse evolves, participants can look forward to a new realm of immersive experiences and creative possibilities in the digital landscape.
Source: the-blockchain.com
The post Fantasy Metaverse Darklume – Presale is LIVE appeared first on HIPTHER Alerts.
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