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The global Electric Juicing Machines market size was valued at USD 630.6 Million in 2022 and will reach USD 939.4 Million in 2028, with a CAGR of 6.87% during 2022-2028.
Electric Juicing Machines refers to a machine that squeezes out the water in fruits or vegetables using electricity as power. This machine is made of plastic, stainless steel or other materials. Compared with the traditional way of juicing, the Electric Juicing Machine is much more efficient and can retain more nutrients.
Under the public background of the COVID-19 crisis, the industry is being affected by COVID-19. It is currently impossible to accurately predict the degree of control of this epidemic in various countries, and it is impossible to predict whether it will function normally for long-term economic activities.
However, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound. The outbreak of the epidemic will have a significant impact on enterprises and individuals within a certain period of time, especially on small and medium-sized enterprises and low-income families. It is necessary for the government to take targeted financial and monetary measures to help all walks of life together.
Economic development and increased awareness of health
The development of science and technology has increased productivity; resources that only the rich can enjoy (for example, some fruits and vegetables) have effectively expanded with the increase in productivity, allowing more people to buy abundant fruits and vegetables at lower prices. In addition, more and more people realize that a healthy body needs enough vitamins to maintain energy, demanding more juice. On the one hand, the development of the logistics cold chain and logistics operation network enables companies to deliver fresh juice to end customers in a timely manner; on the other hand, capable people will buy household juicers to meet their needs in time, and believe that the home-made juices juices are healthier than those sold in supermarkets. This has promoted the development of the juicer industry.
Increasing Competition
The competitive landscape of this industry is strengthening. As the juicer is becoming more and more known, industry participants are simultaneously facing threats from new entrants and pressure from competitors in the same industry. Companies that are recognized by loyal customers are less affected, but if new entrants do not have strong financial strength, mature teams and sound marketing strategies, it becomes more difficult to stand out in the market. Therefore, companies are focusing on expanding channels, recruiting distributors, exploring overseas markets, and striving to establish brand effects and seize more market share. In fact, some leading companies in this industry have already formed a brand effect and have been recognized by downstream customers, such as Panasonic in Japan and Joyoung in China.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Panasonic, Philips, joyoung, Omega Products and Midea are the five key players in the global Electric Juicing Machines market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Midea market in the past 5 years.
Panasonic
Matsushita Electric Industrial Co., Ltd., formerly known as Matsushita Electric Industrial Co., Ltd., was established in 1918 as an anufacturer of light bulb sockets. It is a major Japanese multinational electronics company headquartered in Kadoma, Osaka. In addition to consumer electronics, which became the world's largest manufacturer in the late 20th century, Panasonic provides a wide range of products and services, including home appliances, rechargeable batteries, automotive and avionics systems, and home decoration and construction.
Philips
Philips is a Dutch multinational group company founded in 1891. The initial product was a light bulb. Philips is divided into three main departments: personal care, networked care, and diagnosis and treatment. The lighting department was spun off as an independent company, Signify NV.
Segmentation Overview:
Among different product types, Masticating segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Household Application segment occupied the biggest share from 2017 to 2022.
The Electric Juicing Machines market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Electric Juicing Machines market covered in Chapter 4:
midea
joyoung
Robot Coupe
Nutrifaster
Panasonic
Sammic
Semak Australia
Waring
Omega Products
Santos
Angel Juicer
Ceado
Zummo
Supor
Philips
Champion Juicer
Zumex Group
In Chapter 12 and Chapter 14.1, on the basis of types, the Electric Juicing Machines market from 2018 to 2028 is primarily split into:
Centrifugal
Masticating
Other
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Electric Juicing Machines market from 2018 to 2028 covers:
Household Application
Commercial Application
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Electric Juicing Machines market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Electric Juicing Machines market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Electric Juicing Machines industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Electric Juicing Machines industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Electric Juicing Machines market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Electric Juicing Machines market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Electric Juicing Machines market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Electric Juicing Machines market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
2022
Electric Juicing Machines refers to a machine that squeezes out the water in fruits or vegetables using electricity as power. This machine is made of plastic, stainless steel or other materials. Compared with the traditional way of juicing, the Electric Juicing Machine is much more efficient and can retain more nutrients.
Under the public background of the COVID-19 crisis, the industry is being affected by COVID-19. It is currently impossible to accurately predict the degree of control of this epidemic in various countries, and it is impossible to predict whether it will function normally for long-term economic activities.
However, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound. The outbreak of the epidemic will have a significant impact on enterprises and individuals within a certain period of time, especially on small and medium-sized enterprises and low-income families. It is necessary for the government to take targeted financial and monetary measures to help all walks of life together.
Economic development and increased awareness of health
The development of science and technology has increased productivity; resources that only the rich can enjoy (for example, some fruits and vegetables) have effectively expanded with the increase in productivity, allowing more people to buy abundant fruits and vegetables at lower prices. In addition, more and more people realize that a healthy body needs enough vitamins to maintain energy, demanding more juice. On the one hand, the development of the logistics cold chain and logistics operation network enables companies to deliver fresh juice to end customers in a timely manner; on the other hand, capable people will buy household juicers to meet their needs in time, and believe that the home-made juices juices are healthier than those sold in supermarkets. This has promoted the development of the juicer industry.
Increasing Competition
The competitive landscape of this industry is strengthening. As the juicer is becoming more and more known, industry participants are simultaneously facing threats from new entrants and pressure from competitors in the same industry. Companies that are recognized by loyal customers are less affected, but if new entrants do not have strong financial strength, mature teams and sound marketing strategies, it becomes more difficult to stand out in the market. Therefore, companies are focusing on expanding channels, recruiting distributors, exploring overseas markets, and striving to establish brand effects and seize more market share. In fact, some leading companies in this industry have already formed a brand effect and have been recognized by downstream customers, such as Panasonic in Japan and Joyoung in China.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Panasonic, Philips, joyoung, Omega Products and Midea are the five key players in the global Electric Juicing Machines market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Midea market in the past 5 years.
Panasonic
Matsushita Electric Industrial Co., Ltd., formerly known as Matsushita Electric Industrial Co., Ltd., was established in 1918 as an anufacturer of light bulb sockets. It is a major Japanese multinational electronics company headquartered in Kadoma, Osaka. In addition to consumer electronics, which became the world's largest manufacturer in the late 20th century, Panasonic provides a wide range of products and services, including home appliances, rechargeable batteries, automotive and avionics systems, and home decoration and construction.
Philips
Philips is a Dutch multinational group company founded in 1891. The initial product was a light bulb. Philips is divided into three main departments: personal care, networked care, and diagnosis and treatment. The lighting department was spun off as an independent company, Signify NV.
Segmentation Overview:
Among different product types, Masticating segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Household Application segment occupied the biggest share from 2017 to 2022.
The Electric Juicing Machines market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Electric Juicing Machines market covered in Chapter 4:
midea
joyoung
Robot Coupe
Nutrifaster
Panasonic
Sammic
Semak Australia
Waring
Omega Products
Santos
Angel Juicer
Ceado
Zummo
Supor
Philips
Champion Juicer
Zumex Group
In Chapter 12 and Chapter 14.1, on the basis of types, the Electric Juicing Machines market from 2018 to 2028 is primarily split into:
Centrifugal
Masticating
Other
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Electric Juicing Machines market from 2018 to 2028 covers:
Household Application
Commercial Application
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Electric Juicing Machines market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Electric Juicing Machines market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Electric Juicing Machines industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Electric Juicing Machines industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Electric Juicing Machines market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Electric Juicing Machines market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Electric Juicing Machines market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Electric Juicing Machines market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
