Automatic Juice Machine Market Size, Trends and Insights By Type (Centrifugal Juicer, Masticating Juicer, Triturating Juicer), By Application (Residential, Commercial, Others), By Distribution Channel (Retailers, Hypermarkets, Direct Sales (In commercial juicers), Online), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Breville Group Limited
- Omega Products Inc.
- Hurom Co. Ltd.
- Cuisinart (Conair Corporation)
- Others
Reports Description
As per the current market research conducted by CMI Team, the global Automatic Juice Machine Market is expected to record a CAGR of 11% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 1.2 Billion. By 2032, the valuation is anticipated to reach USD 3.7 Billion.
The Automatic Juice Machine market encompasses appliances designed for efficiently extracting juice from fruits and vegetables. Its nature is marked by continual innovation and diversification, offering various types of juicers, such as centrifugal, masticating, and hydraulic press machines.
Notable trends include a growing preference for smart juicers with app integration, a shift towards whole-food juicing to reduce waste, and heightened eco-consciousness, with manufacturers incorporating sustainable materials and energy-efficient technologies to appeal to environmentally aware consumers.
Automatic Juice Machine Market – Significant Growth Factors
The Automatic Juice Machine Market presents significant growth opportunities due to several factors:
- Health and Wellness Trends: Increasing consumer awareness of the health benefits associated with fresh fruit and vegetable juices is a significant driver. The demand for natural, nutritious beverages is providing opportunities for the Automatic Juice Machine market.
- Busy Lifestyles: Busy schedules and a desire for convenience are driving the need for quick and efficient juicing solutions, making Automatic Juice Machines a convenient choice for many consumers.
- Sustainability: Eco-conscious consumers are seeking sustainable appliances, creating opportunities for companies to develop and market energy-efficient, eco-friendly, and durable Automatic Juice Machines.
- Smart Technology: Integration with smart technology and mobile apps offers opportunities for manufacturers to enhance user experience and provide real-time monitoring and customization of juicing processes.
- Versatility: Machines that can handle a variety of fruits and vegetables, including leafy greens and hard produce, are in demand, as they provide versatility for consumers.
- Growing Health and Wellness Industry: The overall growth of the health and wellness industry, including juice bars and organic food stores, provides opportunities for Automatic Juice Machine manufacturers to cater to a growing market segment seeking to incorporate juicing into their daily routines.
Automatic Juice Machine Market – Mergers and Acquisitions
The Automatic Juice Machine Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their Type offerings and profitability. Some notable examples of mergers and acquisitions in the Automatic Juice Machine Market include:
- In July of 2022, Hamilton Beach Professional unveiled its strategic initiative to introduce a professional juicer mixer grinder (JMG) to the Indian market. This endeavor involved collaboration with local engineers and culinary experts to gain valuable insights into Indian culinary practices and kitchen needs. The aim was to develop an innovative product that would deliver exceptional performance tailored to the Indian context.
- In March 2018, Weight Watchers International, Inc. made a significant move by introducing the ‘WW Healthy Kitchen’ collection. This versatile range featured an array of kitchenware products, including water bottles equipped with built-in tea and fruit infusers, juicers, cutlery sets, storage containers designed for preserving fresh produce, pots, non-stick pans, cups, and more. The intent was to provide a comprehensive selection of kitchen tools to promote effortless, health-conscious cooking and meal preparation.
These mergers and acquisitions have helped companies expand their Type offerings, improve their market presence, and capitalize on growth opportunities in the Automatic Juice Machine Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Automatic Juice Machine Market | Bourbon Spirits Market | Branded Food Staple Market |
| CAGR 11% (Approx) | CAGR 6.2% (Approx) | CAGR 6.6% (Approx) |
| USD 3.7 Billion by 2032 | USD 14.3 Billion by 2032 | USD 107083 Million by 2032 |
Automatic Juice Machine Market – Significant Threats
The Automatic Juice Machine Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Health Trends and Regulations: Evolving health regulations and changing dietary preferences may affect the market. For instance, sugar content and nutrition concerns could impact the demand for juicing.
- Competition: Intense competition among manufacturers can lead to price wars, impacting profit margins.
- Economic Factors: Economic downturns can reduce consumer spending on non-essential appliances like juicers.
- Environmental Concerns: Growing environmental awareness may lead to consumer preference for sustainable and eco-friendly products, pressuring manufacturers to adopt greener practices.
- Technological Disruption: Rapid advancements in technology may render older models obsolete, necessitating constant innovation.
- Supply Chain Disruptions: Disruptions in the supply chain, such as material shortages or transportation issues, can affect production and availability.
- Consumer Behavior Shifts: Changing consumer preferences, such as a shift away from traditional kitchen appliances or a preference for ready-made juices, can impact the market.
- Trade Barriers: Tariffs and trade restrictions can affect the cost and availability of components and finished products.
- Pandemic Effects: Unforeseen events like the COVID-19 pandemic can disrupt manufacturing and supply chains.
- Market Saturation: In mature markets, saturation can limit growth opportunities.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 1.2 Billion |
| Projected Market Size in 2032 | USD 3.7 Billion |
| Market Size in 2022 | USD 1.1 Billion |
| CAGR Growth Rate | 11% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Application, Distribution Channel and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Type:
- Centrifugal Juicer: Centrifugal juicers operate by spinning a rapidly rotating blade against a mesh filter to extract juice from fruits and vegetables. They are known for their speed and are great for handling hard produce. A trend in this segment is the integration of advanced motor technology to reduce noise levels and improve efficiency, along with enhanced safety features.
- Masticating Juicer: Masticating juicers, also known as slow juicers, use a slow, chewing or grinding action to extract juice. They are popular for effectively processing leafy greens and soft produce. A trend in this category is the development of compact, space-saving designs for modern kitchens and a focus on yielding higher juice quality with minimal oxidation.
- Triturating Juicer: Triturating juicers, often referred to as twin-gear juicers, employ two interlocking gears to crush and squeeze the juice from fruits and vegetables. These juicers are favored for their ability to yield maximum juice and preserve essential nutrients. A trend in this segment is the integration of precision engineering to enhance the efficiency and durability of the twin-gear mechanism, resulting in improved performance and nutrient retention.
By Application
- Residential: The residential segment of the Automatic Juice Machine market includes machines designed for home use, enabling individuals and families to prepare fresh juices conveniently within their households. This segment has witnessed a surge in demand due to the growing emphasis on healthy living. Trends include the development of compact and user-friendly machines with smart features, catering to health-conscious consumers seeking to incorporate fresh juices into their daily routines.
- Commercial: The commercial segment comprises Automatic Juice Machines designed for use in commercial establishments such as juice bars, restaurants, cafes, and hotels. These machines are engineered to handle high volumes of juice production. Commercial juicing machines are witnessing a trend toward durability, speed, and efficiency to meet the demands of busy food service settings. Additionally, energy-efficient and easy-to-clean models are gaining popularity as businesses aim to streamline operations.
- Others: The “Others” segment may encompass unique or specialized applications of Automatic Juice Machines, which do not fit into the residential or commercial categories. This can include industrial-scale juicing operations, vending machines, or custom juicing solutions for specific industries. Trends within this segment vary widely, depending on the specific applications. For instance, industrial juicing may focus on maximizing production output, while vending machines may emphasize user convenience and customization. The trends here are diverse and often niche-oriented.
By Distribution Channel
- Retailers: In the Automatic Juice Machine market, retailers refer to physical stores where consumers can purchase juicers. These outlets range from small appliance shops to large home appliance stores, offering a hands-on shopping experience. Trends in this segment include personalized customer service, product displays, and in-store demonstrations, as consumers often prefer to see, touch, and interact with the machines before buying.
- Hypermarkets: Hypermarkets are large retail stores that provide a wide variety of products, including Automatic Juice Machines. A trend in this distribution channel is the bundling of juicers with other kitchen appliances or offering discounts on bulk purchases to attract value-conscious customers.
- Direct Sales (In commercial juicers): For commercial juicers, direct sales channels involve manufacturers or distributors selling directly to businesses in the food and beverage industry. This segment may see trends like offering bulk discounts, leasing options, and customized solutions to cater to specific business needs.
- Online: The online distribution channel has witnessed substantial growth, driven by the convenience of e-commerce. Consumers can browse, compare, and purchase Automatic Juice Machines from the comfort of their homes. Key trends include the availability of a wide product range, customer reviews, and the emergence of user-friendly, mobile-optimized websites and apps, making online shopping an increasingly popular choice.
Automatic Juice Machine Market – Regional Analysis
The Automatic Juice Machine Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, the Automatic Juice Machine market includes the United States and Canada. This region is characterized by a health-conscious population with a growing preference for fresh juices. Trends include a demand for smart juicers, eco-friendly designs, and a focus on premium juicing experiences.
- Europe: The European Automatic Juice Machine market covers a diverse range of countries with varying dietary habits. Trends comprise a rising demand for compact and multifunctional juicers to suit smaller living spaces and a growing interest in home juicing for health and sustainability reasons.
- Asia-Pacific: In the Asia-Pacific region, including countries like China and India, there’s a robust market driven by a cultural appreciation for fresh juices. Key trends involve the adoption of traditional cold-press juicers, rapid urbanization, and the integration of local flavors into juicing.
- LAMEA: LAMEA’s Automatic Juice Machine market reflects a blend of local preferences and health-consciousness. Trends include the use of tropical fruits in juicing, catering to diverse taste profiles, and the growth of juice bars and cafes, especially in urban areas.
Competitive Landscape – Automatic Juice Machine Market
The Automatic Juice Machine Market is highly competitive, with a large number of manufacturers and others operating globally. Some of the key players in the market include:
- Breville Group Limited
- Omega Products Inc.
- Hurom Co. Ltd.
- Cuisinart (Conair Corporation)
- Hamilton Beach Brands Inc.
- Tribest Corporation
- Champion Juicer
- Kuvings
- Nutrifaster Inc.
- Robot Coupe
- Samson Brands
- Santos Group
- Zumex Group
- Waring Commercial
- Goodnature Products Inc.
- Others
These companies operate in the market through various strategies such as application innovation, mergers and acquisitions, and partnerships.
Several new players have entered the Automatic Juice Machine market with innovation and development. These newcomers often focus on niche segments, introducing compact, affordable, and innovative juicers to target specific consumer needs. Some emphasize smart features, sustainability, and unique design to stand out.
Key players dominating the market include established brands like Breville, Omega, and Hurom, renowned for their quality, performance, and diverse product lines. They maintain a significant market share, leveraging their brand reputation, extensive distribution networks, and consistent product innovation. These leaders continually invest in R&D, expand their product portfolios, and adapt to evolving consumer preferences, cementing their dominance in the competitive Automatic Juice Machine market.
The Automatic Juice Machine Market is segmented as follows:
By Type
- Centrifugal Juicer
- Masticating Juicer
- Triturating Juicer
By Application
- Residential
- Commercial
- Others
By Distribution Channel
- Retailers
- Hypermarkets
- Direct Sales (In commercial juicers)
- Online
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Automatic Juice Machine Market, (2024 – 2033) (USD Billion)
- 2.2 Global Automatic Juice Machine Market: snapshot
- Chapter 3. Global Automatic Juice Machine Market – Industry Analysis
- 3.1 Automatic Juice Machine Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Health and Wellness Trends
- 3.2.2 Busy Lifestyles
- 3.2.3 Sustainability
- 3.2.4 Smart Technology
- 3.2.5 Versatility
- 3.2.6 And Growing Health and Wellness Industry.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Distribution Channel
- Chapter 4. Global Automatic Juice Machine Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Automatic Juice Machine Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Automatic Juice Machine Market – Type Analysis
- 5.1 Global Automatic Juice Machine Market Overview: By Type
- 5.1.1 Global Automatic Juice Machine Market Share, By Type, 2022 and – 2033
- 5.2 Centrifugal Juicer
- 5.2.1 Global Automatic Juice Machine Market by Centrifugal Juicer, 2024 – 2033 (USD Billion)
- 5.3 Masticating Juicer
- 5.3.1 Global Automatic Juice Machine Market by Masticating Juicer, 2024 – 2033 (USD Billion)
- 5.4 Triturating Juicer
- 5.4.1 Global Automatic Juice Machine Market by Triturating Juicer, 2024 – 2033 (USD Billion)
- 5.1 Global Automatic Juice Machine Market Overview: By Type
- Chapter 6. Global Automatic Juice Machine Market – Application Analysis
- 6.1 Global Automatic Juice Machine Market Overview: By Application
- 6.1.1 Global Automatic Juice Machine Market share, By Application, 2022 and – 2033
- 6.2 Residential
- 6.2.1 Global Automatic Juice Machine Market by Residential, 2024 – 2033 (USD Billion)
- 6.3 Commercial
- 6.3.1 Global Automatic Juice Machine Market by Commercial, 2024 – 2033 (USD Billion)
- 6.4 Others
- 6.4.1 Global Automatic Juice Machine Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Automatic Juice Machine Market Overview: By Application
- Chapter 7. Global Automatic Juice Machine Market – Distribution Channel Analysis
- 7.1 Global Automatic Juice Machine Market Overview: By Distribution Channel
- 7.1.1 Global Automatic Juice Machine Market Share, By Distribution Channel, 2022 and – 2033
- 7.2 Retailers
- 7.2.1 Global Automatic Juice Machine Market by Retailers, 2024 – 2033 (USD Billion)
- 7.3 Hypermarkets
- 7.3.1 Global Automatic Juice Machine Market by Hypermarkets, 2024 – 2033 (USD Billion)
- 7.4 Direct Sales (In commercial juicers)
- 7.4.1 Global Automatic Juice Machine Market by Direct Sales (In commercial juicers), 2024 – 2033 (USD Billion)
- 7.5 Online
- 7.5.1 Global Automatic Juice Machine Market by Online, 2024 – 2033 (USD Billion)
- 7.1 Global Automatic Juice Machine Market Overview: By Distribution Channel
- Chapter 8. Automatic Juice Machine Market – Regional Analysis
- 8.1 Global Automatic Juice Machine Market Regional Overview
- 8.2 Global Automatic Juice Machine Market Share, by Region, 2022 & – 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Automatic Juice Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.4 North America Automatic Juice Machine Market, by Type, 2024 – 2033
- 8.4.1 North America Automatic Juice Machine Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Automatic Juice Machine Market, by Application, 2024 – 2033
- 8.5.1 North America Automatic Juice Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.6 North America Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033
- 8.6.1 North America Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Automatic Juice Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Automatic Juice Machine Market, by Type, 2024 – 2033
- 8.8.1 Europe Automatic Juice Machine Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Automatic Juice Machine Market, by Application, 2024 – 2033
- 8.9.1 Europe Automatic Juice Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.10 Europe Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033
- 8.10.1 Europe Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Automatic Juice Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Automatic Juice Machine Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Automatic Juice Machine Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Automatic Juice Machine Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Automatic Juice Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033
- 8.14.1 Asia Pacific Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Automatic Juice Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Automatic Juice Machine Market, by Type, 2024 – 2033
- 8.16.1 Latin America Automatic Juice Machine Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Automatic Juice Machine Market, by Application, 2024 – 2033
- 8.17.1 Latin America Automatic Juice Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.18 Latin America Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033
- 8.18.1 Latin America Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 8.19. The Middle East and Africa
- 8.19.1 The Middle-East and Africa Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Automatic Juice Machine Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Automatic Juice Machine Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Automatic Juice Machine Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Automatic Juice Machine Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Automatic Juice Machine Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Automatic Juice Machine Market, by Application, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033
- 8.22.1 The Middle-East and Africa Automatic Juice Machine Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Breville Group Limited
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Omega Products Inc.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Hurom Co. Ltd.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Cuisinart (Conair Corporation)
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Hamilton Beach Brands Inc.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Tribest Corporation
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Champion Juicer
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Kuvings
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Nutrifaster Inc.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Robot Coupe
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Samson Brands
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Santos Group
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Zumex Group
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Waring Commercial
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Goodnature Products Inc.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Others.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.1 Breville Group Limited
List Of Figures
Figures NO 1 to 26
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
The key factors driving the Market are Health and Wellness Trends, Busy Lifestyles, Sustainability, Smart Technology, Versatility, And Growing Health and Wellness Industry.
The “Centrifugal Juicer” category dominated the market in 2022.
The key players in the market are Breville Group Limited, Omega Products Inc., Hurom Co. Ltd., Cuisinart (Conair Corporation), Hamilton Beach Brands Inc., Tribest Corporation, Champion Juicer, Kuvings, Nutrifaster Inc., Robot Coupe, Samson Brands, Santos Group, Zumex Group, Waring Commercial, Goodnature Products Inc., Others.
“North Amercia” had the largest share in the Automatic Juice Machine Market.
The global market is projected to grow at a CAGR of 11% during the forecast period, 2023-2032.
The Automatic Juice Machine Market size was valued at USD 1.2 Billion in 2023.