Market Overview:
The global multi-function juicer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy and nutritious food, rising awareness about the benefits of consuming juices, and growing disposable income. Based on type, the global multi-function juicer market can be segmented into portable type and desktop type. The portable type segment is expected to grow at a higher CAGR than the desktop type segment during the forecast period from 2018 to 2030. This growth can be attributed to its easy portability and low price point as compared with desktop types. Based on application, the global multi-function juicer market can be divided into retail stores, specialty outlets, and others (including online sales). The retail stores segment is estimated to account for a larger share of this market in 2018 as compared with other segments; however, it is projected that by 2030,the specialty outlets segment will hold a larger share owingtoitsgrowing popularity among consumers seeking premium quality products.
Product Definition:
A multi-function juicer is a type of appliance that can be used to extract juice from fruits and vegetables. They are often more expensive than traditional juicers, but they offer a wider range of functions. Multi-function juicers can typically be used to make smoothies, crush ice, and grind coffee beans. They are also often equipped with additional features such as filters that allow them to produce cold press juices or soup stocks.
Portable Type:
The portable type is used for various purposes such as crushing hard fruits and vegetables, extracting oil from seeds or nuts, making nut milk. It's also used to make baby food.
It has a wide mouth that allows you to place items in it and then close it for cutting off the excess amount of pulp. The main advantage of this product is that there are no special attachments needed for using it; all types of foods can be processed with just one machine.
Desktop Type:
Desktop type is the most basic and traditional way of doing multi-function juicing. It has been around for many years and was one of the first forms of multi-function equipment available in the market. The desktop type juicer can be used to make a wide range of food products including vegetables, fruits, nuts, wheatgrass and even some seeds such as flaxseeds & hempseeds.
Application Insights:
The retail stores application segment accounted for the largest share of over 50.0% in 2017. The need for multi-functional products has increased significantly among consumers, especially in large shopping malls and complexes where a wide range of shops are available with different product categories under one roof. This has resulted in an increased demand for juice extractors at these outlets, which is expected to drive the market growth over the forecast period.
The specialty outlets application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to high product demand due to health benefits associated with fruits and vegetables as well as their juices that have nutritional value superior compared to other nutrients present in foodstuffs or beverages extractsions made from them by using multi-function appliances such as juicers are considered beneficial owing t oour bodies¢â‚¬â„¢ ability t oprocess vitamins, minerals.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding health, fitness, and nutrition among people of this region. Moreover, rising preference for organic fruits and vegetables has led to an increase in demand for multi-function juicers in North America over the past few years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to a large number of retail outlets present in countries such as China.
Growth Factors:
- Increasing demand for healthy and nutritious food: There is a growing awareness among people about the importance of consuming healthy and nutritious food. This has led to an increase in the demand for multi-function juicers that can help in preparing healthy juices at home.
- Rising disposable income: The rising disposable income of consumers has enabled them to invest in premium kitchen appliances such as multi-function juicers. This is helping to drive the growth of the market for these appliances.
- Growing popularity of juice diets: The popularity of juice diets has led to an increase in the demand for multi-function juicers as they help prepare juices quickly and easily without any added preservatives or additives.
- Technological advancements: The advancement in technology has helped manufacturers introduce new features and functions into their products, thereby driving consumer interest towards these appliances. For instance, some modern day multi-function juicers come with additional functionalities such as grinding coffee beans or making pasta doughs etc., which are not found on traditional juicers models available in the market currently .This is attracting more consumers towards purchasing these types of appliances . 5) Rising trend of home cooking: There is a growing trend among people across all age groups to cook at home instead of eating out at restaurants or fast food outlets, This is providing a boost to sales growth prospects for multifunctional Juicer market
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-function Juicer Market Research Report
By Type
Portable Type, Desktop Type
By Application
Retail Stores, Specialty Outlets, Others
By Companies
Philips, Braun, Desadi, Panasonic, Joyoung, Westinghouse Electric, Philex, Hamilton Beach, Midea, Caposi, Aux
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Multi-function Juicer Market Report Segments:
The global Multi-function Juicer market is segmented on the basis of:
Types
Portable Type, Desktop Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Stores, Specialty Outlets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Braun
- Desadi
- Panasonic
- Joyoung
- Westinghouse Electric
- Philex
- Hamilton Beach
- Midea
- Caposi
- Aux
Highlights of The Multi-function Juicer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Type
- Desktop Type
- By Application:
- Retail Stores
- Specialty Outlets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Multi-function Juicer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A multi-function juicer is a kitchen appliance that can be used to juice fruits and vegetables, make nut butters, grind coffee beans, and more. Some models also have built-in blenders and food processors.
Some of the major companies in the multi-function juicer market are Philips, Braun, Desadi, Panasonic, Joyoung, Westinghouse Electric, Philex, Hamilton Beach, Midea, Caposi, Aux.
The multi-function juicer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-function Juicer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Multi-function Juicer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi-function Juicer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Multi-function Juicer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Multi-function Juicer Market Size & Forecast, 2018-2028
4.5.1 Multi-function Juicer Market Size and Y-o-Y Growth
4.5.2 Multi-function Juicer Market Absolute $ Opportunity
Chapter 5 Global Multi-function Juicer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Multi-function Juicer Market Size Forecast by Type
5.2.1 Portable Type
5.2.2 Desktop Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multi-function Juicer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Multi-function Juicer Market Size Forecast by Applications
6.2.1 Retail Stores
6.2.2 Specialty Outlets
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-function Juicer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multi-function Juicer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Multi-function Juicer Analysis and Forecast
9.1 Introduction
9.2 North America Multi-function Juicer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Multi-function Juicer Market Size Forecast by Type
9.6.1 Portable Type
9.6.2 Desktop Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Multi-function Juicer Market Size Forecast by Applications
9.10.1 Retail Stores
9.10.2 Specialty Outlets
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Multi-function Juicer Analysis and Forecast
10.1 Introduction
10.2 Europe Multi-function Juicer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Multi-function Juicer Market Size Forecast by Type
10.6.1 Portable Type
10.6.2 Desktop Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Multi-function Juicer Market Size Forecast by Applications
10.10.1 Retail Stores
10.10.2 Specialty Outlets
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Multi-function Juicer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multi-function Juicer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Multi-function Juicer Market Size Forecast by Type
11.6.1 Portable Type
11.6.2 Desktop Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Multi-function Juicer Market Size Forecast by Applications
11.10.1 Retail Stores
11.10.2 Specialty Outlets
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Multi-function Juicer Analysis and Forecast
12.1 Introduction
12.2 Latin America Multi-function Juicer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Multi-function Juicer Market Size Forecast by Type
12.6.1 Portable Type
12.6.2 Desktop Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Multi-function Juicer Market Size Forecast by Applications
12.10.1 Retail Stores
12.10.2 Specialty Outlets
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Multi-function Juicer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multi-function Juicer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Multi-function Juicer Market Size Forecast by Type
13.6.1 Portable Type
13.6.2 Desktop Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Multi-function Juicer Market Size Forecast by Applications
13.10.1 Retail Stores
13.10.2 Specialty Outlets
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multi-function Juicer Market: Competitive Dashboard
14.2 Global Multi-function Juicer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Braun
14.3.3 Desadi
14.3.4 Panasonic
14.3.5 Joyoung
14.3.6 Westinghouse Electric
14.3.7 Philex
14.3.8 Hamilton Beach
14.3.9 Midea
14.3.10 Caposi
14.3.11 Aux
