Authored By: Sarah
09 Jul 2024

 Juicer Market Size to grow by USD 2346.13 million between 2023-2027

According to a research report “ Juicer Market” by Product (Centrifugal juicer, Masticating juicer, Triturating juicer) End-user (Residential, Commercial) Geography (APAC, Europe, North America, Middle East and Africa, South America)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by USD 2346.13 million, at a CAGR of almost 18.41% during the forecast period. The global juicer market is experiencing robust growth due to the expanding disposable income of consumers in developing countries, particularly in Asia Pacific regions like China and India. Urbanization and consumerism have significantly influenced lifestyle changes over the past two decades, leading to a surge in demand for homemade products. Europe, North America, and emerging economies in Asia Pacific are key markets for juicers, driven by increasing purchasing power and a health-conscious population. This trend is expected to continue during the forecast period.

Browse market data tables, figures, and in-depth TOC on “Juicer Market” by Product (Centrifugal juicer, Masticating juicer, Triturating juicer) End-user (Residential, Commercial) Geography (APAC, Europe, North America, Middle East and Africa, South America) Global Forecast to 2027. Download Free Sample

 

By Product, the Centrifugal juicer segment is projected to dominate the market size in 2024

The global juicer market in the residential sector is experiencing significant growth due to the rising disposable income and the burgeoning health and wellness trend in developing countries. Notable consumers of household electronic juicers include Brazil, India, and China. Consumers' increasing emphasis on maintaining a healthy lifestyle and consuming nutritious diets on a daily basis is driving the demand for fruit and vegetable juices. Moreover, the growing awareness regarding the potential health risks associated with packaged juices is propelling consumers to prepare their own juices at home.

By End-user, Residential  segment is expected to hold the largest market size for the year 2024

Centrifugal juicers, the most popular choice in the global juicing market, are favored by residential users due to their efficiency and widespread adoption. These juicers feature a mesh chamber with sharp teeth that shred fruits and vegetables into pulp, while a high-speed metal blade, operating at 3,000-10,000 rpm, separates the juice from the pulp. Primarily used for juicing fibrous produce like carrots, apples, and beetroot, centrifugal juicers excel in their ability to process large quantities quickly. Despite their advantages, they generate considerable noise and heat due to their high-speed operation.

APAC is forecasted to hold the largest market size by region in 2024

The juicer market in the Asia Pacific (APAC) region is experiencing significant growth, primarily driven by the expanding middle class population and their increasing disposable income. This economic shift has boosted their purchasing power, enabling them to invest in household appliances, including juicers. The region is projected to lead the global market expansion during the forecast period, fueled by the burgeoning health and wellness trend, particularly in emerging economies like China and India. Moreover, the growing health consciousness and fitness trends are fueling the demand for juicers in both residential and commercial sectors. Notably, functional fruit and vegetable juice ingredients, such as baobab, barley grass powder, spirulina powder, chlorella, and collagen, are gaining popularity in countries like Australia, South Korea, and China.

The Juicer Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AB Electrolux
  • Bajaj Electricals Ltd.
  • Borosil Ltd.
  • Breville USA Inc.
  • Cuisinart
  • DeLonghi Spa
  • Donlim
  • Hamilton Beach Brands Holding Co.
  • Havells India Ltd.
  • Hurom America Inc.
  • Joyoung Co. Ltd.
  • Koninklijke Philips NV
  • Kuvings
  • Midea India Pvt. Ltd.
  • Newell Brands Inc.
  • Omega Juicers
  • Panasonic Holdings Corp.
  • SEB SA Co.
  • Treasure Retail Pvt. Ltd.
  • TTK Prestige Ltd.
.

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Research Analysis Overview

Title: The Booming Juicer Market: A Healthy Lifestyle Trend in Smart Homes The juicer market is experiencing a surge in demand as more households embrace health consciousness and the desire for nutrient-dense, raw vegetable, raw fruit, and herb-based dietary food items. Juicers have become essential kitchenware segments for those seeking to incorporate more vitamins, minerals, antioxidants, and other essential nutrients into their daily lives. From steam juice extractors and juicing presses to reamers, triturating juicers, multicasting juicers, centrifugal juicers, and electric juicers, the juicer market caters to various preferences and budgets. Televisions shows and social media influencers have popularized this kitchen appliance, with brands like Goodnature leading the way with innovative designs and technology. Fruits and vegetables are the primary focus, with pulp containing valuable nutrients that are often lost during cooking. Juicers extract these nutrients, ensuring a healthy intake of essential vitamins and minerals. As smart homes continue to evolve, juicers are becoming an integral part of modern kitchens, offering a convenient and efficient way to maintain a healthy lifestyle.

Market Research Overview

The store-based juicer market is witnessing significant growth due to the increasing health awareness campaigns and the growing lifestyle trend of consuming raw vegetables, fruits, herbs, and other dietary food items. Propellants like parabens are being replaced with natural antimicrobials to ensure the safety and purity of the juices. Both residential and commercial markets are showing a surge in demand for juicers, with triturating and masticating juicers being popular choices. Smart homes and households are investing in steam juice extractors, juicing presses, reamers, triturating juicers, multicasting juicers, centrifugal juicers, electric juicers, grinders, mixers, and bars. The juice shop industry and tourism sector are also benefiting from this trend, with breakfast culture and residencies offering juicer vouchers, coupons, and discounts. The kitchenware segments are innovating with design and technology to cater to this demand, with television shows promoting the health benefits of juicing. Juicers are not just kitchen appliances anymore but are becoming a statement of health consciousness and lifestyle. Fruits rich in vitamins and minerals and antioxidants are being juiced to maintain a healthy lifestyle. The market for juicers is expected to continue growing as more people embrace the benefits of a raw, natural, and healthy diet.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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