South Korea Juicer Market Competitive Analysis, Segmentation and Opportunity Assessment; 2027

Juicer Market is expected to garner a revenue of USD 4 billion by 2027 with a CAGR of approximately 6.9% during the forecast period, 2020–2027 Fruit juices are one of the most common and easily available consumer beverages and the rising demand for the same is likely to give birth to new opportunities for the market to grow and expand upon during the forecast period that ends in 2027.

The juicer market in South Korea is flourishing, driven by a growing health and wellness trend among consumers who increasingly prioritize fresh, nutrient-rich beverages. South Korean consumers, known for their discerning tastes and demand for high-quality products, favor juicers that combine efficiency, innovation, and sleek design. Local and international brands compete in this dynamic market by introducing advanced features such as powerful motors, multiple juicing functions, and user-friendly interfaces. Additionally, the rising popularity of homemade juices and smoothies has fueled demand for versatile juicers that cater to various dietary preferences and lifestyles. As South Koreans continue to embrace healthy living, the juicer market is set to expand further, reflecting the nation’s commitment to wellness and technological excellence.

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Competitive Landscape

Hamilton Beach Brands Holding Company
Cuisinart
Koninklijke Philips N.V.
Breville Group Limited
KUVINGS
Braun GmbH
Kenwood Limited
Foshan Shunde Ouke Electric Co. Ltd.
Panasonic India
Xinbao Group
Hurom India Private Limited

Recent Developments

One of the major market players in the global Juicer market - Philips has invested in the research and development sector to come up with the VIVA series that are majorly targeting the household segment of the market. The juicers developed are available in the market at a low price and opt for a quick cleaning technology that will help in offering a better, easy, and high degree of convenience alongside promising smooth using of the juicers by the audience. The VIVA range is equipped to help in providing 2 liters of juice in a single time with a 700w motor.

When it comes to professional working, the consumers are relying on the functioning of the HUROM HZ series. This product series is available in the market that offers the finest way of separating the inlet for fruits and leafy vegetables. The product in addition has a different strainer for frozen fruits, smoothies, and soft ingredients as well. This product is excellent to cover all the requirements of juice bars and shops, and hence, help in increasing the footfall of the target audience.

The widespread Juicer Market research report is a skilful and deep analysis of the present situation and challenges. This report focuses on the key drivers, restraints, market opportunities, threats and risks for market major players. It also makes available analysis of market size, shares, growth, segmentation, revenue projection (USD Mn), and regional study till 2029. The market research document offers a comprehensive overview of the global Juicer market and contains thoughtful insights, facts, historical information, and statistically supported and industry-verified market data. It also encompasses forecasts using a suitable set of predictions and distinct research methodologies.

Major questions answered:

- What are influencing factors driving the demand for Juicer near future?

- What is the impact analysis of various factors in the Global Juicer market growth?

- What are the recent trends in the regional market and how successful they are?

- How feasible is Juicer market for long-term investment?

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