Following the outbreak of COVID-19 there was a huge shift online for sales of food preparation appliances and although growth has since stabilised e-commerce has remained one of the most important distribution channels. This pattern is set to continue over the forecast period with e-commerce opening the market up to more products and brands.
The centrifugal juicers category is expected to continue losing ground to other products that can perform similar functions but which also offer other functions too, such as blenders. These products are considered to be in the declining stage of their lifecycle due to various factors including the challenges involved in cleaning them, the fact that using these products often results in the loss of nutrients, and the space they take up in kitchens.
The forecast period will likely see an increase in the use of AI by companies to improve and generate interest in their products. New technology is increasingly being integrated into the home offering new opportunities for innovation.
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Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Food Preparation Appliances industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)
See all of our definitionsThis report originates from Passport, our Food Preparation Appliances research and analysis database.
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