Market Overview:
The global lab blenders market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision and accuracy in laboratory operations, rising R&D expenditure by biotechnology companies, and growing number of research institutions. In terms of type, the 1 liter segment is expected to account for a larger share of the global lab blenders market during the forecast period. This can be attributed to its low cost and easy portability. By application, research institutions are expected to account for a larger share of the global lab blenders market during the forecast period.
Product Definition:
Lab blenders are laboratory devices used to blend two or more substances together. They are often used to create homogeneous mixtures, or to combine two substances that do not mix well on their own.
1 Liter:
1 liter is a unit of volume that represents one thousand liters. The U.S. Pharmacopoeia has established the International System of Units (ISU) as the sole system to determine drug and food measurements, which are based on the SI units. One litre is thus defined as being equal to 1,000 cubic centimetres (cm3).
2 Liters:
2 liters is the capacity of Lab Blenders used for mixing various solutions. It can be aseptic or non-aseptic. The most common types of 2 liter blenders are manual and motorized.
The price range for these products varies widely depending upon its features, quality, brand name etc., but on an average, a good quality product costs around USD 250 to 300 (INR 17000).
Application Insights:
The college application segment led the global lab blender market in 2017. College students across the world prepare their own solutions of chemicals for various experiments. Hence, they require chemical reagents and solvents to carry out these experiments efficiently. In addition, a large number of colleges and universities have started offering advanced courses in science and engineering which require more complex solutions for conducting experiments. This has increased the demand for lab blenders in colleges significantly over the past few years.
Research institutions are another major end-use segment of this market owing to their constant need for novel chemical compounds or laboratory reagents that can help them advance research work significantly within a short period of time without any errors or side effects commonly known as benchtop convenience chemistry synthesis methodologies that allow researchers to rapidly produce high quality compounds with minimal resources investment by using automated systems with programmable robotic arms operating under computer control followed by industrial applications where lab safety is an integral part based on volume consumed (1 liter, 2 liters).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S.-based companies are focusing on developing novel technologies to manufacture high-end products at a lower cost, which is expected to drive regional growth over the forecast period. Asia Pacific and Latin America are anticipated to witness significant growth during the forecast period owing to rising R&D activities and increasing number of biotechnology companies present in these regions. In addition, growing research activities by various organizations based out of this region will propel product demand over the next eight years.
The European market is also expected to grow significantly due its large geriatric population base coupled with increased healthcare expenditure levels as compared to other developed regions such as North America and Asia Pacific & MEA). Moreover, presence of major pharmaceutical manufacturers including GlaxoSmithKline Plc’s Parkinson’s disease treatment drug Sinemet; Pfizer Inc.
Growth Factors:
- Increasing demand for customized and innovative products: The Lab Blenders market is witnessing an increasing demand for customized and innovative products. This is owing to the changing needs of consumers, who are looking for unique blends that cater to their specific requirements.
- Growing popularity of home blending: There is a growing trend of home blending, which is helping to drive the growth of the Lab Blenders market. Home blenders offer users greater flexibility and control over the ingredients used in their blends, thus allowing them to create unique flavors and concoctions according to their preferences.
- Rising awareness about health benefits associated with blended foods: Consumers are becoming increasingly aware about the health benefits associated with blended foods, which is driving them towards using Lab Blenders more often than ever before. This has resulted in an increase in demand for high-quality blenders that can help create nutrient-rich blends without compromising on flavor or texture.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lab Blenders Market Research Report
By Type
1 Liter, 2 Liters, Others
By Application
College, Research Institutions, Biotechnology Company, Others
By Companies
Eberbach, FUCHS Maschinen, GlobePharma, INTERSCIENCE, METO Systems, MRC, Patterson Kelley, Seward
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Lab Blenders Market Report Segments:
The global Lab Blenders market is segmented on the basis of:
Types
1 Liter, 2 Liters, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
College, Research Institutions, Biotechnology Company, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eberbach
- FUCHS Maschinen
- GlobePharma
- INTERSCIENCE
- METO Systems
- MRC
- Patterson Kelley
- Seward
Highlights of The Lab Blenders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1 Liter
- 2 Liters
- Others
- By Application:
- College
- Research Institutions
- Biotechnology Company
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lab Blenders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lab Blenders are a type of blender that is specifically designed for laboratories. They have features that make them ideal for use in labs, such as high-powered motors and precision blades. Lab blenders are also often equipped with special attachments that allow them to perform specific lab tasks, such as mixing liquids or powders.
Some of the major companies in the lab blenders market are Eberbach, FUCHS Maschinen, GlobePharma, INTERSCIENCE, METO Systems, MRC, Patterson Kelley, Seward.
The lab blenders market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lab Blenders Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Lab Blenders Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lab Blenders Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Lab Blenders Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Lab Blenders Market Size & Forecast, 2020-2028 4.5.1 Lab Blenders Market Size and Y-o-Y Growth 4.5.2 Lab Blenders Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1 Liter
5.2.2 2 Liters
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 College
6.2.2 Research Institutions
6.2.3 Biotechnology Company
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lab Blenders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lab Blenders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1 Liter
9.6.2 2 Liters
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 College
9.10.2 Research Institutions
9.10.3 Biotechnology Company
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1 Liter
10.6.2 2 Liters
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 College
10.10.2 Research Institutions
10.10.3 Biotechnology Company
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1 Liter
11.6.2 2 Liters
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 College
11.10.2 Research Institutions
11.10.3 Biotechnology Company
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1 Liter
12.6.2 2 Liters
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 College
12.10.2 Research Institutions
12.10.3 Biotechnology Company
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1 Liter
13.6.2 2 Liters
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 College
13.10.2 Research Institutions
13.10.3 Biotechnology Company
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lab Blenders Market: Competitive Dashboard
14.2 Global Lab Blenders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eberbach
14.3.2 FUCHS Maschinen
14.3.3 GlobePharma
14.3.4 INTERSCIENCE
14.3.5 METO Systems
14.3.6 MRC
14.3.7 Patterson Kelley
14.3.8 Seward