Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Juicer Market is Expected to Grow at a CAGR of 9.2% in the Forecast Period of 2020-2025.

According to a new report by EMR titled, ‘Global Juicer Market Report and Forecast 2020-2025’, the global juicer market is expected to increase at a CAGR of 9.2% in the forecast period of 2020-2025.

The global juicer market is being aided by the rising health awareness among consumers. The growing demand for innovative products has encouraged the juicer manufacturers to produce user-friendly and attractive smart juicers with a wide variety of advanced features. Mobile app management, the capability to extract juices straight into a variety of glass and container sizes, food and drink recipes, and adjustable mode based on fruit or vegetables juicing are some of the new features of smart juicers. Smart juicers are affordable, as well as provides features like remote control, increased security, enhanced connectivity, and energy savings.

Get a Free Sample Report with Table of Contents - Download Now

An increase in the demand for juices containing fibre is one of the main factors driving the juicer market. High fibre juice contributes to lower cholesterol and enhances digestion. It also helps to control the levels of blood sugar. The increasing demand for fruit juice and green leafy vegetables also boosts the juicer market. The juicer industry is also growing due to the rising consumer awareness of fitness and healthy living. Improved standards of living and increased incomes enable customers to opt for new juicers, fuelling the juicer market. In the coming years, the expansion of the distribution channels of the product, especially e-retail platforms, is likely to boost the market growth. The juicers of Koninklijke Philips NV (OTCMKTS: RYLPF), one of the leading key players, is widely available at various e-commerce platforms like Amazon (NASDAQ: AMZN).

Manufacturing-intensive countries, including South Korea, China, and Eastern Europe, produce a large percentage of cooking appliances. The Asia Pacific region accounted for the largest juicer market share in 2019 and is likely to continue dominating the market in the forecast period. The increased awareness of people's health and the increased focus on fitness will significantly impact the growth of juicer markets in this region. The key juicer markets in the Asia Pacific are India and China. Market development in this region will be higher than in other regions.

Market Analysis by Product, End-Use, and Region:

  • Based on products, the market can be divided into a centrifugal juicer, masticating juicer, and triturating juicers.
  • Juicer finds its end-uses in the residential and commercial sectors.
  • The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • With rising health awareness, the demand for fruit and vegetable juices is growing, boosting the demand for juicers.
  • The health benefits of juices, including antioxidants, enhanced immune systems, and other health advantages, are driving the market growth.
  • The increasing demand for time-saving equipment has led to an increased demand for the product.
  • The growing number of fresh juice outlets is propelling the market growth.
  • The rising population and urbanisation are providing an impetus for the market development.
  • The rising shift to low-cost countries for manufacturing is also anticipated to boost the market over the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the global juicer market for the periods (2015-2019) and (2020-2025), covering the products and end-uses of the product.
  • The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the regions.
  • The EMR report also provides an insight into the market through SWOT and Porter's Five Forces analysis.

The major key players in the global juicer market include companies like Breville Group, Cuisinart Inc., Hamilton Beach Brands Holding Co. (NYSE: HBB), Koninklijke Philips NV, and Kuvings. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Multi Cooker Market Report and Forecast 2020-2025


India Chimneys and Built-In Hobs Market Report and Forecast 2020-2025


Global Ceiling Fan Market Report and Forecast 2020-2025


Global Intelligent Humidifiers Market Report and Forecast 2020-2025


France Cooking Equipment Market Report and Forecast 2020-2025


NEWSLETTER