Juice Extractors Market Size to Reach US$ 3.40 Billion, Globally by 2028 at 5.9% CAGR

IMARC Group has recently released a new research study titled "Juice Extractors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global juice extractors market size reached US$ 2.40 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.40 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

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A juice extractor is a kitchen appliance designed to extract juice from fruits and vegetables. It works by grinding, crushing, and pressing fruits and vegetables to extract the juice from the pulp, seeds, and skin. Juice extractors come in various types, including centrifugal, masticating, and citrus juicers, each with its own unique features and benefits. Centrifugal juicers are the most common type, spinning at high speeds to separate the juice from the pulp. Masticating juicers work by slowly grinding and crushing the produce to extract the juice, resulting in a higher yield and nutrient content. Citrus juicers are designed specifically for juicing citrus fruits, such as oranges and lemons.

Juice Extractors Market Trends and Drivers: 

The increasing health and wellness trends represent a key factor driving the market growth across the globe. This is primarily attributed to the growing health consciousness among the masses and the widespread adoption of a healthy lifestyle. In line with this, the rising awareness of the health benefits associated with the consumption of fresh juices, such as improved digestion, weight loss, and increased energy, is contributing to the growth of the market. Other factors, such as the increasing investments in high-quality kitchen appliances, the easy product availability at affordable price points, and the rising innovations in product design are creating a positive outlook for the market.

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Key Market Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

• Centrifugal Juicer
• Masticating Juicer
• Triturating Juicers
• Juicing Press
• Steam Juice Extractors

Breakup by Distribution Channel:

• Online Stores
• Mass Retailers
• Direct Selling
• Others

Breakup by Application:

• Industrial Use
• Commercial Use
• Residential Use

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Major Players Covered: 

• Breville Group Limited
• Conair LLC
• Hamilton Beach Brands Inc.
• Hurom India
• Joyoung Co. Ltd.
• Kenwood Limited (De'Longhi S.p.A.)
• Koninklijke Philips N.V.
• Kuvings India
• Newell Brands
• Omega Products Inc.
• Panasonic Holdings Corporation
• Procter & Gamble Company

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