Juicer Market Segmentation, Share, Future Scope, Business...

Juicer Market Segmentation, Share, Future Scope, Business Statistics, Innovative Strategy and Forecast by 2027

Posted 2024-03-04 10:42:20

Global Juicer Market is expected to garner a revenue of USD 4 billion by 2027 with a CAGR of approximately 6.9% during the forecast period, 2020–2027 Fruit juices are one of the most common and easily available consumer beverages and the rising demand for the same is likely to give birth to new opportunities for the market to grow and expand upon during the forecast period that ends in 2027.

The comprehensive scope and research methodology of the Juicer Market report lay the foundation for a detailed and insightful analysis of the industry. The report's scope encompasses a broad spectrum, delving into various types of coffee machines, applications, and end-user segments, providing a comprehensive view of the market landscape. The research methodology employed adheres to rigorous standards, involving a mix of primary and secondary research, market surveys, and data triangulation to ensure accuracy and reliability. This robust methodology enables the extraction of valuable insights into market trends, competitive landscapes, and emerging opportunities, providing stakeholders with a holistic understanding of the Juicer industry. The report's scope and research methodology act as pillars supporting the generation of actionable intelligence for businesses and decision-makers in the Juicer market.

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Competitive Landscape

Hamilton Beach Brands Holding Company
Cuisinart
Koninklijke Philips N.V.
Breville Group Limited
KUVINGS
Braun GmbH
Kenwood Limited
Foshan Shunde Ouke Electric Co. Ltd.
Panasonic India
Xinbao Group
Hurom India Private Limited

Major questions answered:

- What are influencing factors driving the demand for Juicer near future?

- What is the impact analysis of various factors in the Global Juicer market growth?

- What are the recent trends in the regional market and how successful they are?

- How feasible is Juicer market for long-term investment?

Recent Developments

One of the major market players in the global Juicer market - Philips has invested in the research and development sector to come up with the VIVA series that are majorly targeting the household segment of the market. The juicers developed are available in the market at a low price and opt for a quick cleaning technology that will help in offering a better, easy, and high degree of convenience alongside promising smooth using of the juicers by the audience. The VIVA range is equipped to help in providing 2 liters of juice in a single time with a 700w motor.

When it comes to professional working, the consumers are relying on the functioning of the HUROM HZ series. This product series is available in the market that offers the finest way of separating the inlet for fruits and leafy vegetables. The product in addition has a different strainer for frozen fruits, smoothies, and soft ingredients as well. This product is excellent to cover all the requirements of juice bars and shops, and hence, help in increasing the footfall of the target audience.

Omega is another prominent market player that is soaring high on innovations and market developments during the forecast period of 2020-2027. Omega NC900HDC is one of the finest centrifugal machines that are available in the market. It can run on an 80 rpm motor that helps in extracting juice slowly. The juice is thicker and is more vibrant in color. This juice is fine even when stores for 72 hours and can be consumed after storing, as well.

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