Juicer or juicing machine is a machine used to extract juice from fruits, vegetables, and herbs. It extracts juices by crushing and squeezing the pulp and filtering juice from a thin mesh attached to the unit. The introduction of new juicer varieties has helped in the consumption of raw fruits and vegetables more accessible. The application of a juicer enables the consumption of more raw fruits and vegetables. Juicers of twin gear or masticating variety perform various additional functions that are to make dough for chapattis, bread, pizza, grinding baby foods, and coffee.
MARKET DYNAMICS
The juicer market has witnessed a significant growth owing to factors such as growth in awareness about health and healthy living among consumers. Moreover, the increase in demand for juices with fiber content provides a huge market opportunity for the key players operating in the juicer market. However, increase in availability of packaged juices is projected to hamper the overall growth of the juicer market.
MARKET SCOPE
The "Global Juicer Market Analysis to 2028? is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the juicer market with detailed market segmentation type, application, distribution channel and geography. The global juicer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading juicer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global juicer market is segmented on the basis of type, application and distribution channel. On the basis of type, the global juicer market is divided into centrifugal juicer, masticating juicer, and triturating juicer. On the basis of application, the global juicer market is divided into residential, commercial and others. On the basis of distribution channel, the market is divided into retailers, hypermarkets, direct sales (in commercial juicers) and online.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global juicer market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The juicer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the juicer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the juicer market in these regions.
MARKET PLAYERS
The reports cover key developments in the juicer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from juicer market is anticipated to lucrative growth opportunities in the future with the rising demand for juicer in the global market. Below mentioned is the list of few companies engaged in the juicer market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the juicer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Breville Group Ltd.
- Cuisinart Inc.
- Electrolux AB
- Hamilton Beach Brands Holding Co.,
- HUROM HZ
- Kuvings
- Newell Brands Inc.
- Omega
- Panasonic Corp.
- Philips
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.