Juicer market size to grow by USD 2,346.13 million from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 11, 2023 /PRNewswire/ -- The global juicer market size is estimated to increase by USD 2,346.13 million between 2022 and 2027. The market's growth momentum will decelerate at a CAGR of 18.41% - Request a sample report

Global juicer market – Vendor analysis

Vendor offerings -

• AB Electrolux - The company offers different types of juicers that provide fast, fresh, and simple blends.
• Bajaj Electricals Ltd. - The company offers different types of juicers that are easy to clean, work efficiently, and ensure minimum wastage.
• Breville USA Inc. - The company offers different types of juicer machines, presses, and extractors with various types of features and colors.
• Cuisinart - The company offers several types of electric juicer machines at different price levels with many features and colors.
• For details on vendors and their offerings – Buy the report!

Vendor landscape -

The global juicer market is fragmented, with the presence of a substantial number of international players as well as a few small-scale regional players. A few prominent vendors that offer juicer in the market are 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., and TTK Prestige Ltd. and others.

The global juicer market is evolving, and it is expected to grow exponentially during the forecast period. Owing to the presence of significant growth opportunities, vendors are reaching out to new customers. This will also encourage them to form partnerships and strategic alliances. The market requires constant innovation, as product differentiation is low. Moreover, companies must sustain themselves in a highly competitive market in terms of pricing and data accuracy requirements to gain market share. All these factors are estimated to propel the demand for juicers, which will drive the growth of the market during the forecast period.

Global juicer market - Segmentation assessment

Global juicer market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Segment overview
Technavio has segmented the market based on product (centrifugal juicer, masticating juicer, and triturating juicer) and end-user (residential and commercial). 

• The market share growth of the centrifugal juicer segment will be higher than the other segments during the forecast period. Centrifugal juicers are highly popular among residential users. They are considered more effective when compared to other types of juicers. In addition, centrifugal juicers are cost-effective, which is increasing their adoption in household applications.

Geography overview
Based on geography, the global juicer market is segmented into APAC, Europe, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global juicer market.

• APAC is estimated to account for 41% of the growth of the global market during the forecast period. The rising income of the middle-class population has led to an increase in the spending power of consumers in the region, which is driving the growth of the market. During the forecast period, APAC is expected to be the fastest-growing region owing to the health and wellness trend, especially in emerging economies such as China and India. The demand for smoothies and juices made of fruits and vegetables is also increasing, which will further propel the growth of the juicer market in APAC during the forecast period. 

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Global juicer market – Market dynamics

Leading drivers - Rapid urbanization and changing lifestyles of consumers are driving the juicer market growth. Rapid economic growth in the developing countries of APAC, such as China and India, has increased the disposable incomes of consumers. As a result, there has been a significant shift in the lifestyles of consumers, which has increased the consumption of homemade products. Moreover, the increasing use of preservatives and other chemicals in packaged food is compelling consumers to look for other options, which, in turn, will drive the growth of the market during the forecast period.

Key trends - The rising focus on manufacturing energy-efficient and lightweight juicers is a key trend in the juicer market. Residential and commercial end-users prefer energy-efficient products to reduce costs and save energy. Hence, many manufacturers are offering energy-efficient products. These products involve fewer emissions of harmful substances. Moreover, the increasing awareness about climate change, the growing focus on environmental issues, and the rise in energy prices will drive the demand for lightweight juicers. Such developments will support the growth of the market during the forecast period.

Major challenges - Fluctuations in raw material prices and operational costs may impede the juicer market growth. The price of juicers depends on factors such as manufacturing costs, labor costs, prices of raw materials, and transportation and marketing costs. Hence, any fluctuation in these prices directly impacts the prices of juicers. This may compel consumers to choose low-cost local brands, which reduces the profit margins of vendors. Such concerns are expected to adversely affect the growth of the market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this juicer market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the juicer market between 2023 and 2027
• Precise estimation of the size of the juicer market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the juicer market across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of juicer market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global juicer market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global juicer market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Centrifugal juicer - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Centrifugal juicer - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Centrifugal juicer - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Centrifugal juicer - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Centrifugal juicer - Year-over-year growth 2022-2027 (%)

• 6.4 Masticating juicer - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Masticating juicer - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Masticating juicer - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Masticating juicer - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Masticating juicer - Year-over-year growth 2022-2027 (%)

• 6.5 Triturating juicer - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Triturating juicer - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Triturating juicer - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Triturating juicer - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Triturating juicer - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 49: Chart on Comparison by End-user
• Exhibit 50: Data Table on Comparison by End-user

• 7.3 Residential - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.4 Commercial - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 59: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027 
• Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027 
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 AB Electrolux
• Exhibit 112: AB Electrolux - Overview
• Exhibit 113: AB Electrolux - Business segments
• Exhibit 114: AB Electrolux - Key offerings
• Exhibit 115: AB Electrolux - Segment focus

• 12.4 Bajaj Electricals Ltd. 
• Exhibit 116: Bajaj Electricals Ltd. - Overview
• Exhibit 117: Bajaj Electricals Ltd. - Business segments
• Exhibit 118: Bajaj Electricals Ltd. - Key news
• Exhibit 119: Bajaj Electricals Ltd. - Key offerings
• Exhibit 120: Bajaj Electricals Ltd. - Segment focus

• 12.5 Breville USA Inc.
• Exhibit 121: Breville USA Inc. - Overview
• Exhibit 122: Breville USA Inc. - Product / Service
• Exhibit 123: Breville USA Inc. - Key offerings

• 12.6 Cuisinart
• Exhibit 124: Cuisinart - Overview
• Exhibit 125: Cuisinart - Product / Service
• Exhibit 126: Cuisinart - Key offerings

• 12.7 DeLonghi Spa
• Exhibit 127: DeLonghi Spa - Overview
• Exhibit 128: DeLonghi Spa - Business segments
• Exhibit 129: DeLonghi Spa - Key news
• Exhibit 130: DeLonghi Spa - Key offerings
• Exhibit 131: DeLonghi Spa - Segment focus

• 12.8 Donlim
• Exhibit 132: Donlim - Overview
• Exhibit 133: Donlim - Product / Service
• Exhibit 134: Donlim - Key offerings

• 12.9 Hamilton Beach Brands Holding Co. 
• Exhibit 135: Hamilton Beach Brands Holding Co. - Overview
• Exhibit 136: Hamilton Beach Brands Holding Co. - Product / Service
• Exhibit 137: Hamilton Beach Brands Holding Co. - Key news
• Exhibit 138: Hamilton Beach Brands Holding Co. - Key offerings

• 12.10 Hurom America Inc.
• Exhibit 139: Hurom America Inc. - Overview
• Exhibit 140: Hurom America Inc. - Product / Service
• Exhibit 141: Hurom America Inc. - Key offerings

• 12.11 Joyoung Co. Ltd.
• Exhibit 142: Joyoung Co. Ltd. - Overview
• Exhibit 143: Joyoung Co. Ltd. - Product / Service
• Exhibit 144: Joyoung Co. Ltd. - Key offerings

• 12.12 Koninklijke Philips NV 
• Exhibit 145: Koninklijke Philips NV - Overview
• Exhibit 146: Koninklijke Philips NV - Business segments
• Exhibit 147: Koninklijke Philips NV - Key news
• Exhibit 148: Koninklijke Philips NV - Key offerings
• Exhibit 149: Koninklijke Philips NV - Segment focus

• 12.13 Kuvings
• Exhibit 150: Kuvings - Overview
• Exhibit 151: Kuvings - Product / Service
• Exhibit 152: Kuvings - Key offerings

• 12.14 Midea India Pvt. Ltd. 
• Exhibit 153: Midea India Pvt. Ltd. - Overview
• Exhibit 154: Midea India Pvt. Ltd. - Product / Service
• Exhibit 155: Midea India Pvt. Ltd. - Key offerings

• 12.15 Newell Brands Inc.
• Exhibit 156: Newell Brands Inc. - Overview
• Exhibit 157: Newell Brands Inc. - Business segments
• Exhibit 158: Newell Brands Inc. - Key news
• Exhibit 159: Newell Brands Inc. - Key offerings
• Exhibit 160: Newell Brands Inc. - Segment focus

• 12.16 Omega Juicers
• Exhibit 161: Omega Juicers - Overview
• Exhibit 162: Omega Juicers - Product / Service
• Exhibit 163: Omega Juicers - Key offerings

• 12.17 SEB SA Co.
• Exhibit 164: SEB SA Co. - Overview
• Exhibit 165: SEB SA Co. - Business segments
• Exhibit 166: SEB SA Co. - Key news
• Exhibit 167: SEB SA Co. - Key offerings
• Exhibit 168: SEB SA Co. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 
• Exhibit 175: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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