Juicer Market Global Research Report by Type [Manual Juicers and Electric Juicers (Centrifugal Juicers, Masticating Juicers, Triturating Juicers)], End User (Residential and Commercial), Distribution Channel (Store-Based and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and RoW) - Forecast till 2024.
Market Insight
Global Juicer Market is expected to garner Revenue of USD 4 billion by 2024 with a CAGR of approximately 6.9% during the forecast period, 2019–2024. Juicer, also known as juice extractors, is manual or electric kitchen appliances used to extract juice from vegetables and fruits. The major factors driving the market for juicers are increasing consumption of fresh vegetable and fruit juices, shifting consumer preference from packed juices containing preservatives to freshly extracted juices, improving living standards, and rising per capita disposable income. However, the global market is witnessing hurdles in its growth, especially in the rural areas of developing countries and least developed countries due to frequent power outages and high prices of advanced electric juicers. Rising adoption of smart juicers and an increasing number of juice bars are expected to render lucrative opportunities to the market players during the upcoming years.
Key Players
Hamilton Beach Brands Holding Company (US), Cuisinart (US), Koninklijke Philips N.V. (Netherlands), Breville Group Limited (Australia), KUVINGS (India), Braun GmbH (Germany), Kenwood Limited (India), Foshan Shunde Ouke Electric Co., Ltd. (China), Panasonic India (India), Xinbao Group (China) and Hurom India Private Limited (India)
Segmentation
Global Juicer Market has been segmented based on type, end user, distribution channel, and region.
By type, the global juicer market has been bifurcated into manual juicers and electric juicers. The electric juicers segment is further segmented into centrifugal juicers, masticating juicers, and triturating juicers.
Global Juicer Market has also been divided, on the basis of end user, into residential and commercial.
Intended Audience
Juicer manufacturers
Juice processors
Kitchen appliance manufacturers
Traders, importers, and exporters
Raw material suppliers
Retailers and wholesalers
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