Global Juice Extractor Machine Market - 2023-2030

Global Juice Extractor Machine Market - 2023-2030

Global Juice Extractor Machine Market reached US$ 2.21 billion in 2022 and is expected to reach US$ 3.14 billion by 2030, growing with a CAGR of 4.5% during the forecast period 2023-2030.

Increasing health consciousness among people is driving the need for fresh and natural products. The rising consumer awareness regarding the benefits of fresh and quality juice makes its way from the demand for juice extractor machines that are portable and easy to use. The juice extractor machines best extract fresh juice at household levels.

Easy product availability through an online sales platform drives market growth. In addition, the new offerings from companies and online websites increase product reach to customers. For instance, in February 2023, Angela Juicers Store proclaimed the release of its new online website that provides juices and other products. This new website helps in easy reach of products to the customer.

Manufacturers produce user-friendly devices that are easy to use. For instance, in September 2022, Magic Bullet, introduced the Mini Juicer, an easy-to-use countertop juicer. This juicer has a 400-watt motor and takes less space. The rise in the purchasing power of consumers and high technological developments in North America drives this region market to 1/3rd of the global market.

Dynamics

Growing Demand for Fresh Juice

Freshly extracted juices from juice extractor machines provide various health benefits. Freshly extracted juices are more nutritious and healthier than packed juices. Fresh juices provide instant hydration and energy. These juices comprise the highest concentrations of antioxidants and a good amount of soluble fibre. Fresh juice from juice extractor machines serves as greater energy boosters.

Fresh juice helps regulate blood sugar levels. Drinking fresh juice daily reduces the risk of heart problems. Fresh fresh helps in detoxifying the body. They regulate body metabolisms and improve the body’s health. The rich nutrient content and antioxidants of fresh juice help improve the immune system. Increasing awareness among people about the health benefits of fresh juices drives the demand for juice extractor machines.

Advancement in Technology

The increased consumer interest in making fresh juices and high spending on juicer machines encourage manufacturers to develop new and innovative juicer machines. There is a high focus on releasing easy and unchallenging juicers that are customer-friendly. There are many products available in the market that are highly advanced and comfortable for consumers to use.

The rechargeable and portable juicers from Cuisinart, Brayden Fito and Zemic Smart companies are highly accepted by consumers. There are still advances taking place to improve and produce the latest versions of juice extractor machines. In July 2023, Kuvings Newly announced the launch of Revo, the world’s first juicer with a patented automatic-cutting auger to reduce juicing time. The launch of the Revo Series Professional Cold Press Whole Slow Juicer made its way to expand the consumer base of this brand.

Adverse Effects of Packed Juices

Consumers choose packed and canned juices for hydration and refreshment. The packed juices are concentrated with sugars and other synthetic additives. To attract consumers, manufacturers of packed juices add artificial colours and flavours. Preservatives such as sodium benzoate are used mostly in packed juices. The artificial flavors add a burden to the kidney.

The unhealthy synthetic additives and preservatives in packed juices adversely affect human health. The packed juices are loaded with added sugars. The high content of sugars in the packed sugars may lead to additional calories and a high intake of packed juices may lead to greater chances of diabetes and obesity. Consumers prefer fresh juices that are healthier and more nutritious to avoid the health effects of packed juices.

High Cost and Availability of Alternatives

The increased advancement in the manufacturing of the latest juicer machines, the cost of the final products also increases. With the increased competition, manufacturers are continuously developing new products, such as wireless and chargeable juice extractor machines. The new and innovative products launched by the manufacturers are high in cost.

The expansive versions of juice extractor machines are unaffordable for most moderate-class people and they adopt other alternative products such as blenders and mixer grinders. Mixer grinders are available for all purposes. Rather than buying juice extractor machines, especially for juicing, people prefer mixer grinders that can be used for other purposes too.

Segment Analysis

The global juice extractor machine market is segmented based on type, category, function, blade material, power rating, distribution channel, application, end-use and region.

Easy Maintainance

The global juice extractor machines are segmented based on category into electric juicers and manual juicers. The electrical juicers held the largest share in the global market due to their convenience. The ease of work without any manual hard work makes it a greater choice for people to deal with. The smooth functioning and highly efficient nature of electric juicers boost their use in the market.

The advancements in electrical juice extractor machines with automated settings and high durability are boosting their use in the market. The availability of this products in various power ratings, such as from less than 500 Watts to more than 1000 Watts, makes the consumer choose their product of choice. Manufacturers are also providing lesser Watts juice extractor machines. For instance, in November 2021, Kent, a healthcare appliances brand, announced the launch of the Smart Slow Juicer with 80 W.

Geographical Penetration

Increased Health Consciousness Among People

North American juice extractor machines held the largest market share due to the wide use of various home appliances in this region. Manufacturers in this region are producing cost-effective and durable juice extractor machines to provide convenience to consumers to adopt these devices. Various restaurants and other food service sectors are using highly efficient juice extractor machines due to the increased demand for fresh juices among people.

The availability of various new and innovative products with improved functionality in this region boosts the market growth. With the increased health concerns among people, healthy and nutritious foods are leading the path. The increased awareness about the health benefits of freshly extracted juice from these devices fuels this region’s market growth.

The presence of top companies such as Hamilton and Omega from this region expands the market size due to improved expansion of products among the consumers. The increasing disposable incomes and rising purchasing power of people drive their high spending on various healthy products and functional appliances.

Competitive Landscape

The major global players in the market include Kuvings, Hurom, Omega, Cuisinart, Breville, Braun, Philips, Midea, Oster and Panasonic.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic positively impacted the global juice extractor machine market. The increased health consciousness among people increased their consumption of healthy and nutritious products. Fresh juices being one of the healthiest products to improve immunity and overall health condition of a person, received immense demand in the pandemic period.

The strict government regulations shut off various restaurants and juice centers that provide fresh juices. This decreased sales from this field affected the market growth. On the other hand, people bought home appliances such as juicers to extract fresh juice, raising the sales of the device and positively impacting the market growth. Further, the availability of this equipment on online platforms positively influenced the growth of the market during the pandemic.

Russia- Ukraine War Impact

The Russia-Ukraine war had a negative impact on every field sector in every possible way. The interruptions in the demand-supply chains impacted the market mostly. Distribution channels were negatively affected, leading to decreased market growth. The war created import and export trade disruptions, resulting in economic disturbances. The trade disruptions badly impacted the market. The political and economic uncertainty created by the war had a negative impact on the juice extractor machine market.

By Type
• Centrifugal Juicer
• Masticating Juicer
• Triturating Juicer
• Cold Press Juicer
• Steam Juice Extractor
• Others

By Category
• Electric Juicer
• Manual Juicer

By Function
• Non-Drip Spout
• Automatic Pulp Ejection
• Reverse
• Others

By Blade Material
• Stainless Steel
• Alloy
• Iron
• Others

By Power Rating
• Below 500 Watts
• 500-1000 Watts
• Above 1000 Watts

By Distribution Channel
• Online Stores
• Mass Retailers
• Direct Selling
• Others

By Application
• Dairy
• Beverage
• Bakery
• Confectionery

By End-Use
• Home Use
• Commercial Use
• Institutional Use

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In January 2023, a kitchen appliances manufacturer, Prestige announced the launch of its new product, Prestige Plus Atlas 750 Watts Juicer Mixer Grinder.
• In August 2022, a French brand, Thomson announced the introduction of new home appliances into the market. The products include electric cookers, juicers and others. The newly introduced juicer is 500 watts and has three jars.
• In July 2022, Hamilton Beach Professional, an American-based company, released a statement about its partnership with Indian engineers and their plan to launch its JMG in India.

Why Purchase the Report?
• To visualize the global juice extractor machine market segmentation based on type, category, function, blade material, power rating, distribution channel, application, end-use and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of juice extractor machine market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global juice extractor machine market report would provide approximately 101 tables, 113 figures and 209 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies