“Global Juicer Market to reach a market value of 6.29 Billion by 2031 growing at a CAGR of 12.8%”
The Global Juicer Market size is expected to reach $6.29 billion by 2031, rising at a market growth of 12.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 52,710.1 thousand units, experiencing a growth of 12.2% (2020-2023).
European consumers increasingly adopt juicing as part of a healthy lifestyle, driving demand for advanced and efficient juicers. Europe's market leadership is further bolstered by the presence of a robust retail network and established brands. Additionally, the rising trend of sustainable living and eco-friendly practices has spurred interest in durable and energy-efficient juicers in the region. The Europe segment procured 38% revenue share in the market in 2023. In terms of volume, the North America region is expected to utilize 23,618.3 thousand units of juicer by the year 2031. This dominance is attributed to the region's high health and wellness awareness and preference for premium kitchen appliances.
Technological advancements have revolutionized the juicer market, making modern juicers more efficient, versatile, and appealing to a broader audience. One of the most notable innovations is the introduction of cold-press and masticating juicers, which extract juice at a slower speed compared to traditional centrifugal models.
Additionally, with greater awareness of the benefits of consuming fresh fruits and vegetables, more people turn to juicers as an essential kitchen appliance. Freshly prepared juices are perceived as a convenient way to incorporate vital nutrients, vitamins, and minerals into daily diets, especially for those who struggle to consume whole fruits and vegetables regularly. Thus, as more consumers recognize the long-term benefits of fresh juice consumption, the demand for high-quality juicers continues to grow.
However, premium juicer models are often associated with advanced features, superior performance, and sleek designs, resulting in a higher price tag than basic or entry-level options. While these features cater to the demands of health-conscious individuals and culinary enthusiasts, the significant upfront cost can pose a barrier for many potential buyers. Hence, the substantial cost of juicers may hamper the market's growth.
By distribution channel, the market is divided into supermarket & hypermarket, specialty stores, online, and others. The supermarket & hypermarket segment witnessed 45% revenue share in the market in 2023. IN terms of volume, 46,303.6 thousand units of juicer are expected to be sold in supermarket & hypermarket by the year 2031. These retail outlets remain the most popular choice for consumers due to their extensive product variety, convenient locations, and the ability to physically inspect and compare products before purchase.
On the basis of technology, the market is bifurcated into electric juicer and manual juicer. The electric juicer segment acquired 74% revenue share in the market in 2023. In terms of volume, 52,966.8 thousand units of electric juicer by the year 2031. This can be attributed to electric juicers' convenience, speed, and efficiency, which appeal to modern lifestyles. Electric juicers are designed to simplify the process of extracting juice by providing advanced features such as automated functions, high-powered motors, and multiple speed settings.
Based on product, the market is classified into centrifugal juicer, masticating juicer, and triturating juicer. The masticating juicer segment procured 33% revenue share in the market in 2023. In terms of volume, 36,025.8 thousand units of masticating juicer by the year 2031. Often referred to as "slow juicers," these products are known for their superior juice quality, preserving more nutrients and enzymes due to their low-speed extraction process.
Free Valuable Insights: Global Juicer Market size to reach USD 6.29 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment acquired 26% revenue share in the market in 2023. In terms of volume, the North America region is expected to utilize 22,275.9 thousand units of juicer by the year 2031. The growing health consciousness of consumers is the primary factor driving this development, as many are adopting juicing as a convenient method of incorporating fresh fruits and vegetables into their diets.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 2.57 Billion |
| Market size forecast in 2031 | USD 6.29 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 12.8% from 2024 to 2031 |
| Quantitative Data | Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2020 to 2031 |
| Number of Pages | 320 |
| Tables | 690 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Technology, Product, Distribution Channel, Region |
| Country scope |
|
| Companies Included | Breville Group Limited, Wonderchef Home Appliances Pvt. Ltd., Newell Brands, Inc., Robert Bosch GmbH (BSH Home Appliances Corporation), AB Electrolux, Koninklijke Philips N.V., Panasonic Holdings Corporation, SMEG S.p.A., Whirlpool Corporation and De'Longhi Appliances S.r.l |
By Technology (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
![LAMEA Juicer Market Size, Trend & Forecast Report [2031]](https://www.kbvresearch.com/upload/cover/lamea-juicer-market.jpg "LAMEA Juicer Market Size, Trend & Forecast Report [2031]")
Unique Offerings 