About Juicer
A juicer is refer as a tool for separating juice from fruits, herbs, leafy greens and alternative kinds of vegetables from its pulp during a method referred to as a juicing. In separating the pulp, juicers concentrate the nutrition which is naturally available in fruits and vegetables that permit the body by simply absorbing the nutrition than digesting the solid turn out. The utilization of juicers additionally makes it easier to consumes a lot of a raw fruits. Some juicers of the masticating, or the twin gear selection performs further functions too, like crushing herbs and spices, and extruding food.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and Chinese Players will contribute the maximum growth to Global Juicer market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Omega (United States), Breville (Australia), Oster (Sunbeam Products) (United States), Hurom (United Arab Emirates), Philips (Netherlands), Panasonic (Japan), Electrolux (Sweden), Braun (Germany), Cuisinart (United States) and Kuvings (South Korea) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Joyoung (China), Supor (China), Midea (China) and KENWOOD (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Juicer market by Type (Centrifugal Force Juicer, Masticating Juicer, Twin Gear Juicer and Juice Press), Application (Household Use and Commercial Use) and Region.
On the basis of geography, the market of 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). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Juicer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Working Mode, the sub-segment i.e. Electric will boost the Juicer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of New Technology and Advancement in Designs and Growing Import and Export of Kitchen Appliances is helping the Industry
Market Growth Drivers:
Consumer Dependence on Prepared Juice With Changing Lifestyles, Rise in Consumption of Juice and Innovation and Advancement in Food & Beverage Processing
Challenges:
Request of High Quality Product at Lower Cost is becoming a Challenge and Availability of Alternative Options for Juicer
Restraints:
Reduction in Availability of Raw Materials Needed to Manufacturing of Juicer and Application of Government Regulation is Affecting the Growth of the Industry
Opportunities:
Advent of New Technologies for Fruit Blending and New Advancements in the Juicer have Increased the Attainment of Food Companies for Meeting the Requirement of the Consumers
Market Leaders and their expansionary development strategies
In July 2022, Groupe SEB continues to strengthen its positions in the professional market with the acquisition of Zummo, the Spanish world leading maker of automatic fruit juice extraction machines. The professional offering of Groupe SEB is being expanded to meet its strong development ambitions in this segment. Numerous synergies will be created in this way for all of Groupe SEB customers: hotels, major restaurant brands and local businesses, in France and throughout the world.
In March 2024, JUICER, a pioneer in real-time revenue management, announced the launch of its latest innovation, JUICER Compete. This new solution is the first hyper-local competitive pricing intelligence tool designed to elevate precision and scalability in the restaurant industry to unprecedented levels. With JUICER Compete, the company is redefining industry competitive intelligence standards and is quickly gaining the attention of restaurant giants in the field.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Juicer Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.