Industry Analysis & Industry Trends
In the mix
While industry revenue will experience a mild recovery in 2012, domestic firms will face continued declines in the years that follow. Retailers will look to cheaper imports from China, and high input costs will place significant price pressure on domestic manufacturers. Nevertheless, improvements in disposable income and demand for blended drinks in restaurants will help some firms survive.... purchase to read more
Industry Report - Industry Analysis Chapter
The Food Processor and Blender Manufacturing industry has suffered through tough conditions during the five years to 2011. Because industry products are highly discretionary, the economic downturn and subsequent declines in consumer confidence and disposable income have adversely affected demand. In addition, rising import penetration of cheap Chinese substitutes has eroded sales away from domestic manufacturers. Consequently, revenue is estimated to decrease at an average annual rate of 2.7% to $484.2 million from 2006 to 2011. Nevertheless, recent positive changes in macroeconomic conditions have encouraged consumers to increase their spending on blenders and food processors. After years of poor performance, IBISWorld anticipates revenue will experience flat growth of 0.0% (0.04%)... purchase to read more