The Global Citrus Juicers Market is estimated to be USD 2.64 Bn in 2023 and is expected to reach USD 3.4 Bn by 2028 growing at a CAGR of 5.21%.Increased Working Population Has Inclined Towards the Use of Automatic Appliances
A citrus juicer is a kitchen appliance that extracts juice from citrus fruits, such as oranges, lemons, grapefruits, and limes. Manual and Electric are the two main types of citrus juicers. Manual citrus juicers are the most basic type of juicer. It consists of a cup with a built-in filter and a lever to press the fruit against the strainer. Electric citrus juicers are more expensive than manual juicers but are easier to use and clean. Electric juicers have a motor that spins a juicing head, which presses the fruit against a strainer.
The Global Citrus Juicer Market is driven by the growing awareness of the health benefits of consuming fresh citrus juices. Citrus fruits are rich in vitamins, minerals, and antioxidants, and juicing them provides an easy and convenient way for individuals to incorporate these nutrients into their diet.
However, the Citrus juicers are relatively expensive compared to other juicers. The specialized design and mechanisms required to extract juice from citrus fruits contribute to the higher cost. The price point of citrus juicers is a restraint for price-sensitive consumers, limiting the market's growth potential.
Moreover, the ongoing trend of homemade and do-it-yourself (DIY) food and beverages has gained significant traction in recent years. The Citrus Juicers allow individuals to create customized juice blends, experiment with flavors, and enjoy the satisfaction of making fresh juices at home.
- The Citrus juicers are designed specifically for extracting juice from citrus fruits, which limits their versatility compared to multi-purpose juicers capable of juicing various fruits and vegetables. Consumers seeking a more versatile juicing appliance may opt for multi-purpose juicers instead of dedicated citrus juicers. This hinders the growth of the Global Citrus Juicer Market.
Market Segmentations
- The Global Citrus Juicers Market is segmented based on Product Type, Distribution Channel, and Geography.
- By Product Type, the Global Citrus Juicer Market is classified into Electric and Manual. The Electric segment holds the largest market share in the Global Citrus Juicer Market. This is typically due to the feature of automated squeezing mechanisms, making the juicing process more efficient and convenient. It offers faster juicing and consistent performance and often includes additional features such as adjustable pulp control. These attributes make them popular among consumers who value convenience and efficiency in their juicing experience.
- By Distribution Channel, the Global Citrus Juicer Market is classified into Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others. The largest market share segment for the Global Citrus Juicers Market in terms of distribution channel is likely to be Online Retail. The popularity of online shopping has grown significantly, providing consumers with convenience, a wide product selection, and competitive pricing. The Online retail channels also offer global reach, making them accessible to a broader customer base.
- By Geography, the Global Citrus Juicer Market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific. The Asia Pacific region is expected to witness the fastest growth in the market. This is due to the rising infrastructural facilities related to the hotels and restaurants that widely use juicers for preparing various beverages. Additionally, the growing demand for smart houses & residencies flourishes the consumption of the newly functioned kitchenware products. Moreover, increasing the health consciousness of the population has given rise to the consumption of citrus juices as a dietary food item by the people, thereby driving the Global Citrus Juicer Market growth.
Recent Development
- Vinci launched the Next Generation of Citrus Juicers. - October 2019
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Cuisinart Inc., Electrolux AB, Gourmia, Groupe SEB, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxemburg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Citrus Juicers Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The publisher analyses the Global Citrus Juicers Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Citrus Juicers Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
- Excel data sheet for the market size will also be provided with the report.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
- The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
- The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
- Market segmentation
- Competitive Analysis: Comparative analysis of competitor
- Historical, current, and projected size of the market based on value and volume
- Market size of the US states
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
Companies Mentioned
- Black & Decker Corp.
- Breville Group Ltd.
- The Chef'n Corp.
- Cuisinart Inc.
- Electrolux AB
- Gourmia
- Groupe SEB
- Hamilton Beach Brands Inc.
- Hurom Inc.
- Koninklijke Philips N.V
- Kuvings
- Omega
- OXO
- Panasonic Corp.
- Sharp Corp.
- SMEG S.p.A.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 182 |
Published | February 2024 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 2.64 Billion |
Forecasted Market Value ( USD | $ 3.4 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |