Global Juicer Market 2024-2028
Juicer Market 2024-2028
The juicer market is forecasted to grow by USD 9037.6 mn during 2023-2028, accelerating at a CAGR of 38.2% during the forecast period. The report on the juicer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising urbanization and changing consumer lifestyles, rise in number of juice bars, and rise in discretionary income of consumers.
Technavio's juicer market is segmented as below:
By Product
- Centrifugal juicer
- Masticating juicer
- Triturating juicer
By End-user
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the rising focus on manufacturing energy-efficient and lightweight juicers as one of the prime reasons driving the juicer market growth during the next few years. Also, growing adoption of smart juicers and increasing online retail sales will lead to sizable demand in the market.
The report on the juicer market covers the following areas:
- Juicer market sizing
- Juicer market forecast
- Juicer market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading juicer market vendors that include AB Electrolux, Bajaj Electricals Ltd., Borosil Ltd., Breville Group Ltd., Cuisinart, DeLonghi Group, Donlim, Hamilton Beach Brands Holding Co., Havells India Ltd., Hurom America Inc., Joyoung Co. Ltd., Koninklijke Philips N.V., Kuvings, MIDEA Group Co. Ltd., Newell Brands Inc., Omega Juicers, Panasonic Holdings Corp., SEB Developpement SA, Treasure Retail Pvt. Ltd., and TTK Prestige Ltd.. Also, the juicer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.