Smart Juicer Market Scope
The fully automated and intelligent juicer prototype is designed using an integrated application of servo positioning modules, human-machine interface, and image vision sensor device technology, which automates all steps such as peeling, coring, slicing, and juicing. Unlike traditional juicers, smart juicers can be operated using smart devices such as smartphones and other remote devices, using which unique combinations and proportions can be added to the final output of the juice. Smart juicers require less man power and are easy to operate. Multiple factors including rising disposable income and growing healthcare awareness are responsible for growth in demand for smart juicers.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Breville (Australia), OSTER (Sunbeam Products, Inc.) (United States), Hurom America Inc. (United States), Braun GmbH (Germany), Cuisinart (United States), Kuvings (India), Koninklijke Philips N.V. (Netherlands), Panasonic Corporation (Japan), Electrolux AB (Sweden) and Joyoung Co., Ltd. (China) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States & Chinese Vendors will contribute to the maximum growth of Global Smart Juicer market throughout the predicted period.
Breville (Australia), OSTER (Sunbeam Products, Inc.) (United States), Hurom America Inc. (United States), Braun GmbH (Germany), Cuisinart (United States), Kuvings (India), Koninklijke Philips N.V. (Netherlands), Panasonic Corporation (Japan), Electrolux AB (Sweden) and Joyoung Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Zhejiang Supor Co., Ltd. (China), Ronco Kitchen Accessories (United States), Xinbao Group. (China) and Foshan Skg Electric Co., Ltd. (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Smart Juicer market by Type , by Application (Fruit Juice, Milkshake and Crushing) and Region with country level break-up.
On the basis of geography, the market of Smart Juicer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
On 26th December, 2019 - Sage launched New Blender-Juicer Hybrid, the “Sage 3X Bluicer Pro”. The New Offering Comes with Both Blending Jug and Juicer Attachments Making Easy to Make Juices or Smoothies by Simply Switching Accessories Among Its Other Features, Overall, The Juicer Is A Budget Buy for Common Households. and On 18th September, 2019 – SHARP (Leading Japan Based Electronics Giant) Introduced its New Range of Smart Home Appliances for the Indian Market. The Line Includes Twin Cooker, Superheated Steam Oven, Slow Juicer, Vacuum Blender and Bread Maker.
Influencing Trend:
Integration with Technologies Such as Artificial Intelligence (AI)
Market Growth Drivers:
Rising Household Disposable Income, Increasing Digitization Across Home Appliances and Demand for Interconnectivity in Appliances
Challenges:
Market Penetration in New Regions
Restraints:
Durability Concerns and High-Cost Expenses
Opportunities:
Rising Demand Across Emerging Regions
Key Target Audience
Smart Juicer Manufactures, New Entrants and Investors, Smart Juicer Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others