During the projected period (2023 to 2033), the global juice extraction equipment market is expected to grow at a CAGR of 6.2%. The juice extraction equipment market is projected to reach a valuation of USD 23,906.5 Million by 2033 from USD 13,100 Million in 2023.
Fruit & vegetable juice extractors and blenders are useful tools for extracting juice. The juice extraction equipment is multitasking and capable of conducting a wide variety of tasks. It has a high-powered motor. Extracts of all kinds are becoming increasingly popular in recent years. Juicers come in three different types, namely, centrifugal, titrating, and masticating.
High consumption of fruit juices owing to increasing health consciousness among consumers is projected to drive the global juice extraction equipment market in the next ten years. Besides, increasing demand for milkshakes and smoothies in both developing and developed countries is likely to push the market forward.
Various international and local companies are coming up with state-of-the-art beverages consisting of fruit juices to expand their product portfolios and attract a large client base. In January 2021, for instance, FMCG major CavinKare introduced a series of fruit-based carbonated drinks to expand its beverage portfolio. The company’s new beverages include immunity-supporting ingredients such as vitamin D, A, and zinc.
In September 2022, the Campari Group unveiled X-Rated, its new popular fusion liqueur in the Indian market. It is made with ultra-premium vodka sourced from the Ardennes and Champagne regions of France. It is mainly popular among the millennials and is a tropical mango, ultra-premium French vodka, passion fruit juice sourced from Brazil, and blood oranges from Sicily in Italy.
Many large-scale and start-up companies worldwide are engaging in social media marketing, as well as influencer marketing by hiring celebrities and sports personalities to launch their products in the market. In September 2022, 1NE, a leading seasoning and beverage brand under the subsidiary of Livinia foods, joined hands with renowned actress Mouni Roy to launch its new line of trendy fruit juices. The coconut and aloe vera flavored beverages are infused with immunity-boosting abilities.
Some of the chocolate and confectionery companies are also including real fruit juice in their in-house products to enhance their texture and taste. In July 2022, Fruit-tella, the Perfetti Van Melle-owned candy brand, introduced its new fruit stack ice lollies made with real fruit juice in the Food Warehouse and Iceland. The fruit stack lolly blends three Fruit-Tella flavors into one ice cream, including strawberry, lemon, and orange. The product has low salt, sugar, and fat content.
| Attributes | Key Insights |
|---|---|
| Global Juice Extraction Equipment Market Estimated Size (2023E) | USD 13,100 Million |
| Projected Market Valuation (2033F) | USD 23,906.5 Million |
| Value-based CAGR (2023 to 2033) | 6.2% |
| Market Share of North America | 28% |
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During the historical period of 2018 to 2022, the global juice extraction equipment market exhibited considerable growth at a CAGR of nearly 4.3%. The advent of cold-pressed juices, the adoption of healthier diets, changes in consumer tastes, and surging demand for fruit juices all contribute to growth in the global juice extraction equipment market.
Consumers are nowadays opting for healthy food choices that would help them prevent chronic diseases, meet their nutritional requirements, and maintain their body weight. The rising shift of consumers towards healthy juices from aerated soda, which contains excessive sugar and preservatives, is another crucial factor that is estimated to drive the global juice extraction equipment market in the next ten years.
High Demand for Orange Juice in the USA to Push Sales of Juice Extraction Machines
Americans are starting to prefer raw fruits over fruit juices and that is why the demand for fruit juice extraction equipment for domestic use is decreasing. However, sales of packed juices and beverages are rising due to the growing trend of on-the-go snacking. People in the USA are nowadays preferring orange juice as it is considered to be healthier than the other commonly available fruit juices. Thus, the USA juice extraction equipment market is expected to witness steady growth in the assessment period.
High Demand for Organic Beverages to Drive Sales of Fruit Pulp Extractors in India
The Indian fruit juice industry is primarily driven by various factors such as increased health consciousness and the high disposable income of consumers. Therefore, demand for organic beverages over carbonated beverages that are free of added sugar, artificial flavors, and preservatives is growing at a rapid pace in the country.
Many international fruit juice brands are preferring India for setting up their manufacturing facilities owing to the low cost of labor and raw materials. They are also targeting children and millennials to sell their products, which would drive the Indian juice extraction equipment market.
Rising Preference for Low-sugar Drinks to Boost the Demand for Pulp Extraction Machines in Canada
Canadians have been topping the list when it comes to the consumption of fruit juice. They mainly prefer freshly produced fruit juice rather than packed juices. Thus, the Canadian juice extraction equipment market is projected to witness rapid growth in the evaluation period.
However, there have been concerns over the sugar content in fruit juices, and many Canadians are starting to prefer to eat whole fruits over 100% fruit juice. Therefore, several manufacturers will have to come up with new technologies where the juice retains the fibers present in the fruit as well.
Principal Consultant
Demand for Masticating Fruit Juice Extraction Machines to Surge by the End of 2033
By type, the masticating juicer segment is projected to lead the global juice extraction equipment market in the next ten years. The auger in a masticating juicer, also known as a slow juicer, crushes the fruits and vegetables as they pass through the chute, and then squeezes them to separate the juice and pulp.
The pulp will be put into a separate container while the juice passes through a mesh. Though they are a bit more expensive than centrifugal juicers, the quality of juice is much better than that of centrifugal juicers. Triturating juicers may provide a better quality of juice than masticating juicers, but they cost much more.
Key companies operating in the global juice extraction equipment market are facing intense competition from local players. The presence of small-scale firms that sell their products at slightly lesser prices is causing the market to be highly fragmented. It is thus compelling international companies to upgrade their existing portfolios and introduce affordable products for customers worldwide.
For instance:
Juicing for Good Health: Get the Squeeze on the Best Juice Extraction Equipment from Phillips, Kuvings, and Hamilton Beach
Many companies are installing juice extraction equipment in their offices to improve their employees’ health. Juice extraction equipment removes more nutrients, as compared to a blender or food processor, which enhances health even further. Additionally, juice extraction equipment is relatively easy to clean up and takes up very little space in an office setting. The top three leading players are using different strategies to remain at the forefront in this field.
Royal Philips Group of the Netherlands is a diverse technology firm focusing on enhancing people's lives via significant innovation in healthcare, consumer lifestyle, and lighting. The firm is a pioneer in cardiac care, acute care, and home healthcare, as well as energy-efficient lighting solutions and innovative lighting applications, male shaving & grooming, and oral healthcare. Phillips juice extractor is one of the many products manufactured by Philips. It also includes an automatic pulp ejection system so that the user does not have to worry about getting their hands dirty.
Kuvings, on the other hand, is another popular kitchen appliance brand among health-conscious consumers in over 80 countries. The firm strives to provide high-quality goods that make healthy living easier, more convenient, and enjoyable.
Products manufactured by Kuvings are trusted by people all around the world, and the firm continues to strive for quality in all aspects of its operations. Kuvings have become a vital component of new residences, cafés, restaurants, and cold press juice businesses.
The company offers two premium-level machines with a unique extraction method that promises better juice and reduced oxidation. This is accomplished through an innovative twin-gear system, which grinds up the produce at twice the speed of other juicers while using half as much power.
Likewise, Hamilton Beach Brands Holding Company currently operates through its wholly-owned subsidiary Hamilton Beach Brands, Inc., which is a leading designer, marketer, and distributor of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. Hamilton Beach, Proctor Silex, Hamilton Beach Professional, Weston, TrueAir, Brightline, and Hamilton Beach Health are some of the company's consumer trademarks. Commercial brands held by the company include Hamilton Beach Commercial and Proctor Silex Commercial.
Hamilton Beach Juice Extractor 67650A is a top-of-its-kind product. It has various features that help it to stand out from other products available on the market. This machine is highly rated by customers, as well as experts who have reviewed it. They have given a 4-star rating to the Hamilton beach juicer which makes it one of the best-selling products online.
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| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 13,100 Million |
| Projected Market Valuation (2033) | USD 23,906.5 Million |
| Value-based CAGR (2023 to 2033) | 6.2% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | Value (USD Million) |
| Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; Middle East and Africa (MEA) |
| Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | Type, Application, Use, Distribution Channel, Region |
| Key Companies Profiled | Phillips; Cuisine; Kuvings; Braun; Hamilton Beach; Breville Chefs Star; Breville; Omega; Jack LaLanne; Cuisinart; Hurom; Philips; Kenwood; Guangdong Xinbao Electrical Appliances Holdings Co. Ltd.; Panasonic |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The juice extraction equipment market size is expected to reach USD 13,100.0 Million by the end of 2023.
The juice extraction equipment market is expected to rise at a CAGR of 6.2% in the forecast period.
North America holds around 28% of share in the juice extraction equipment market.
The USA, India, China, the UK, Germany, and Australia are the major countries driving demand in the juice extraction equipment market.
The juice extraction equipment market in Europe accounts for 33% of the global share.
The China juice extraction equipment market is projected to grow at a CAGR of around 6.38% over the next ten years.
The Germany juice extraction equipment market is projected to grow at a CAGR of around 4.93% over the next ten years.
Phillips, Cuisine, Kuvings, Braun, and Hamilton Beach are the top players in the juice extraction equipment market.
The global juice extraction equipment market is expected to surpass USD 23,906.5 Million by the end of 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Masticating Juice Extractors 5.2. Centrifugal Juice Extractors 5.3. Triturating Juice Extractors 5.4. Juicing Press 5.5. Steam Juice Extractor 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Dairy 6.2. Beverage 6.3. Bakery 6.4. Confectionery 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Use 7.1. Commercial 7.2. Industrial 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 8.1. Internet Retailing 8.2. Mass Retailers 8.3. Direct Selling 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia 9.6. Oceania 9.7. Middle East and Africa (MEA) 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Phillips 19.2. Cuisine 19.3. Kuvings 19.4. Braun 19.5. Hamilton Beach 19.6. Breville Chefs Star 19.7. Breville 19.8. Omega 19.9. Jack LaLanne 19.10. Cuisinart 19.11. Hurom 19.12. Philips 19.13. Kenwood 19.14. Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. 20. Assumptions & Acronyms Used 21. Research Methodology
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Juice Extraction Equipment Market
