Over the past few years, the global juicer market has seen tremendous evolution both on domestic as well as international front. There are five key regional segments of the global market.
San Francisco, CA -- (SBWIRE) -- 03/25/2020 -- TMR Research has now come up with a brand new market research report about the global juicer market. The research report provides in-depth analysis of all the prominent segments, key driving factors, geographical outlook, and current situation of the vendor landscape.
Over the past few years, the global juicer market has seen tremendous evolution both on domestic as well as international front. There are five key regional segments of the global market. These are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Among these, traditionally, the regional segment of Europe has been the most dominant regional segment. Increasing and wide-reaching demand for vegetable and fruit juices among the European citizens is the chief driving factor for the development of the regional market. Moreover, improving health consciousness and nutritional awareness among the masses is also helping the growth of the regional market.
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On the other hand, the regional segment of Asia Pacific is expected to show a highly promising growth rate in the coming years of the forecast period ranging from 2019 to 2029. The growth of the region is primarily driven due to the increasing demand from the emerging nations such as India, Indonesia, and China, who all host majority of millennial and health conscious population. Another important factor for growth is the people in these countries are slowly warming up to the idea of using new age kitchen equipment and devices over traditional methods.
Increasing Health Benefits of Juices is Key Driving Factor
On the global front, there are several different factors that are helping to drive the overall growth of the juicer market. One of the biggest driving factors for the market development has been the increasing importance of fresh fruit and vegetable juices that are nutritious and necessary for all age groups. Elderly people in particular are benefitted extremely by regular consumption of these juices and thus this trend has helped in shaping the growth of the global market. In addition to this, growing health consciousness among people across the globe is also helping to drive the overall development of the global juicer market.
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In recent years, there has been a growing demand for ensuring that grinding juice on a daily basis is a streamlined affair. It has prompted not only the growth of the global market but also helped in bringing in more innovation in the product development. People are now increasingly preferring smart juicers in these recent years. Naturally, the leading companies in the global market are providing highly user-friendly devices with interactive interfaces. Machines that generate minimal noise, and those can provide juicing capacities for hard and thick fruits and vegetables has helped in driving the growth of the global juicer market.
Improved Juicing Capabilities Is Gaining Popularity among Masses
The leading manufacturers are now leaning towards cutting down the maintenance on these juicers. A range of features that help in prolonging the juicer lives is huge attractive proposition for purchasers. This a key trend that manufacturers are trying to take advantage of. Prominently, different features, which make juicers safer to use such as safety locks and built in circuits are gaining huge popularity among purchasers. Increasing popularity of centrifugal juicers with the capacity of providing high rotation per minute to juice hard vegetables and fruits is also a key driving factor for the overall development of the global market.
Many companies operating in the global juicer market are concentrating on increasing the overall juicing capability of these juicing machines and subsequently create designs with good aesthetics to attract new consumers.
Some of the key companies in the global market for juicers are Kuvings, Newell Brands Inc., Panasonic Corp., Groupe SEB, and Sharp Incorporation.
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