Juice Extractors Market Size 2023, Demand, Trends, Manufacturers Analysis and Business Opportunities by 2028
The latest report published by IMARC Group, titled “Juice Extractors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Market Overview:
The global juice extractors market size reached US$ 2.40 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.40 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028
A juice extractor is a kitchen appliance designed to extract juice from fruits and vegetables. It works by grinding, crushing, and pressing fruits and vegetables to extract the juice from the pulp, seeds, and skin. Juice extractors come in various types, including centrifugal, masticating, and citrus juicers, each with its own unique features and benefits. Centrifugal juicers are the most common type, spinning at high speeds to separate the juice from the pulp. Masticating juicers work by slowly grinding and crushing the produce to extract the juice, resulting in a higher yield and nutrient content. Citrus juicers are designed specifically for juicing citrus fruits, such as oranges and lemons.
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Juice Extractors Market Trends and Drivers:
The increasing health and wellness trends represent a key factor driving the market growth across the globe. This is primarily attributed to the growing health consciousness among the masses and the widespread adoption of a healthy lifestyle. In line with this, the rising awareness of the health benefits associated with the consumption of fresh juices, such as improved digestion, weight loss, and increased energy, is contributing to the growth of the market. Other factors, such as the increasing investments in high-quality kitchen appliances, the easy product availability at affordable price points, and the rising innovations in product design are creating a positive outlook for the market.
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Juice Extractors Market Report 2023-2028 |
Juice Extractors Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global juice extractors market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Breville Group Limited
- Conair LLC
- Hamilton Beach Brands Inc.
- Hurom India
- Joyoung Co. Ltd.
- Kenwood Limited (De'Longhi S.p.A.)
- Koninklijke Philips N.V.
- Kuvings India
- Newell Brands
- Omega Products Inc.
- Panasonic Holdings Corporation
- Procter & Gamble Company
Key Market Segmentation:
The report has segmented the global juice extractors market on the basis of type, distribution channel, application and region.
Type Insights:
- Centrifugal Juicer
- Masticating Juicer
- Triturating Juicers
- Juicing Press
- Steam Juice Extractors
Distribution Channel Insights:
- Online Stores
- Mass Retailers
- Direct Selling
- Others
Application Insights:
- Industrial Use
- Commercial Use
- Residential Use
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Note: This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Insight (2023-2028)
- Market Trends
- Market Growth Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About IMARC Group:
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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