Global Juicer Industry is expected to exhibit a robust 6.9% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Industry Research Future (MRFR). The global juicer Industry is mainly driven by the growing demand from residential consumers in recent years, which has been a major driver for all electrical appliances. The report presents a detailed overview of the global juicer Industry by providing a thorough analysis of the major drivers and restraints affecting the global juicer Industry. The economic and competitive landscape of the juicer Industry is also examined in the report.

Juicer Industry Updates:

In September 2019, SHARP launched a new range of home appliances, including slow juicers.

Juicer Industry Segmentation:

By type, the global juicer Industry has been bifurcated into manual juicers and electric juicers. The electric juicers segment is further segmented into centrifugal juicers, masticating juicers, and triturating juicers.

The global juicer Industry has also been divided, based on end user, into residential and commercial.

Based on distribution channel, the global Industry is segregated into store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, specialty stores, and others.

Juicer Industry Competitive Insights:

Juicer Industry Regional Outlook:

Asia Pacific is the dominant regional Industry in the global juicer Industry, followed by North America and Europe. The growing number of urban consumers in Asia Pacific has been a major driver for the global juicer Industry. Growing urbanization in Asia Pacific is likely to remain a major driver for the global juicer Industry over the forecast period. Urban consumers in Asia Pacific countries such as China, India, Japan, Taiwan, and South Korea are highly aware of the various applications of juicers and have made juicers an important kitchen appliance to have in this region. The growing demand for product development is likely to be a major driver for the juicer Industry in Asia Pacific over the forecast period.

North America and Europe are also likely to remain important regional markets over the forecast period due to the widespread consumer electronics Industry in the region.

Growing demand from the youth population for fruit juice products is likely to be a major driver for the global juicer Industry over the forecast period. The youth demographic has evolved into a strong consumer demographic for the global juicer Industry due to the increasing number of millennials living on their own and requiring their own kitchen appliances. The importance of juicers to teenagers and other similar demographics is high, as they can be used to produce a wide variety of beverages, such as fruit juices and milk shakes. This is likely to remain a major driver for the global juicer Industry over the forecast period.