Overview of the global commercial electric juicing machines market
Market research analysts at Technavio predicts that the global commercial electric juicing machines market will grow steadily during the next four years and post a CAGR of above 5% by 2021. This market research analysis identifies the increasing number of juice bars as one of the primary factors for market growth. Healthy food items and fresh fruit and vegetable juices are some of the main healthy food and beverage options for consumers globally. Freshly prepared fruit juices are the preferred choices rather than buying packaged juices containing huge amounts of added sugar and preservatives. This rising consumption of freshly prepared juices has initiated several foodservice establishments to expand the number of stores to cater to the increasing demand. For instance, Boost Juice, which offers cold-pressed juices and smoothies, reported its plans to start more than 100 outlets in India by the end of 2020. Thus, the rising number of juice bars will drive the sales of the commercial electric juicing machines in the future.
One of the latest trends that will gain traction in the global commercial electric juicing machines market is the automation to save time and labor. The demand for the improved electric juicing technologies from the large foodservice establishments is rising in the market. To satisfy this mounting demand, numerous manufacturers are concentrating on developing improved and automated technologies to assist the operators to save time with lesser efforts.
Competitive landscape and key vendors
The global commercial electric juicing machines market consists of vendors competing on several factors and focusing on offering enhanced features that assist in reducing the juicing time and improve the ease of operation. Moreover, vendors are also concentrating on developing products with better technology and maximize the amount of juice to be extracted.
The leading vendors in the market are -
- Omega Products
- Robot Coupe
- Santos
- Waring
The other prominent vendors in the market are Crown Pacific Global, Ceado, Champion Juicer, Nutrifaster, Sammic, Samson Life, Semak Australia, Zumex Group, and Zummo.
Segmentation by product type and analysis of the commercial electric juicing machines market
- Centrifugal
- Citrus
- Masticating
During 2016, the centrifugal juicing machines in the product-type segment accounted for the major shares of global commercial electric juicing machines market. However, the masticating juicing machines segment is anticipated to grow faster during the forecast period. The growth of the masticating segment is mainly propelled by the rising demand for freshly prepared cold-pressed juices and their ability to extract larger volumes of juice.
Geographical segmentation and analysis of the commercial electric juicing machines market
This market study estimates that in terms of geographic regions, the Americas led the global commercial electric juicing machines market during 2016 and is foreseen to continue the dominion during the forecast period. Factors like sales of new units of commercial electric juicing machines and rising demand for innovative juicing technology in the region drives the growth of the market.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global commercial electric juicing machines market?
- What are the key market trends impacting the global commercial electric juicing machines market?
- What are the challenges to market growth?
- Who are the key vendors in the global commercial electric juicing machines market?
- What are the market opportunities and threats faced by the vendors in the global commercial electric juicing machines market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global commercial electric juicing machines market?
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