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According to the latest research, the global Electric Juicing Machines market size was valued at USD 630.6 million in 2022 and is expected to expand at a CAGR of 6.87% during the forecast period, reaching USD 939.4 million by 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.
This report elaborates on the market size, market characteristics, and market growth of the Electric Juicing Machines industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Electric Juicing Machines. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Electric Juicing Machines Market Report Include:
Market Size Estimates: Electric Juicing Machines market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Electric Juicing Machines market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Electric Juicing Machines market
Segment Market Analysis: Electric Juicing Machines market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Electric Juicing Machines market situations and prospects in major and top regions and countries
Electric Juicing Machines Market
Electric Juicing Machines Industry Chain: Electric Juicing Machines market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Electric Juicing Machines Industry News, Policies by regions
Electric Juicing Machines Industry Porters Five Forces Analysis
Key players in the global Electric Juicing Machines market are covered in Chapter 2:
Omega Products
Nutrifaster
Zumex Group
Ceado
Waring
Robot Coupe
Semak Australia
Panasonic
Philips
Supor
joyoung
Sammic
Zummo
midea
Champion Juicer
Angel Juicer
Santos
In Chapter 6 and Chapter 9, on the basis of types, the Electric Juicing Machines market from 2018 to 2028 is primarily split into:
Centrifugal
Masticating
Other
In Chapter 7 and Chapter 10, on the basis of applications, 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 of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Electric Juicing Machines market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Electric Juicing Machines industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Electric Juicing Machines market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Electric Juicing Machines industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Electric Juicing Machines market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Electric Juicing Machines market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Electric Juicing Machines market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
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.
This report elaborates on the market size, market characteristics, and market growth of the Electric Juicing Machines industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Electric Juicing Machines. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Electric Juicing Machines Market Report Include:
Market Size Estimates: Electric Juicing Machines market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Electric Juicing Machines market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Electric Juicing Machines market
Segment Market Analysis: Electric Juicing Machines market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Electric Juicing Machines market situations and prospects in major and top regions and countries
Electric Juicing Machines Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Electric Juicing Machines Industry Chain: Electric Juicing Machines market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Electric Juicing Machines Industry News, Policies by regions
Electric Juicing Machines Industry Porters Five Forces Analysis
Key players in the global Electric Juicing Machines market are covered in Chapter 2:
Omega Products
Nutrifaster
Zumex Group
Ceado
Waring
Robot Coupe
Semak Australia
Panasonic
Philips
Supor
joyoung
Sammic
Zummo
midea
Champion Juicer
Angel Juicer
Santos
In Chapter 6 and Chapter 9, on the basis of types, the Electric Juicing Machines market from 2018 to 2028 is primarily split into:
Centrifugal
Masticating
Other
In Chapter 7 and Chapter 10, on the basis of applications, 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 of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Electric Juicing Machines market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Electric Juicing Machines industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Electric Juicing Machines market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Electric Juicing Machines industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Electric Juicing Machines market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Electric Juicing Machines market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Electric Juicing Machines market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain 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.
