Thailand Juicer Market Top Leading Players with Strategies and Forecast 2028
Additionally, with the increase in health concerns after the outbreak of the pandemic, the demand for juices is rising day by day. For instance, according to the Nationthailand article published on 16th March 2022, fruit juice export in 2021 rose to 14.3% and was valued at $641 million. In addition, consumer preference toward fresh fruit juice instead of tetra pack drinks containing high preservatives and sugar and innovations towards the development of juicers consuming less power having new features and capacities, and reduce in the cost of the juices are further accelerating the growth of the market. However, the availability of excessive alternative products other than juicers such as mixers, and grinders is expected to restrain the growth of the market.
Some major players in the market include Omega, HUROM India, Breville USA Inc, Cuisinart, Electrolux Vietnam, and Hamilton Beach Brands Co. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2020, Omega, one of the leading brands in home juicing unveiled the new masticating cold press juicer - Cold Press 365 which is designed to make juicing easy and affordable enough and is a breakthrough in juicing technology.
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The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
By Distribution Channel
Competitive Landscape- Omega, HUROM, and Breville, among others.
A full report is available at: https://orionmarketreports.com/thailand-juicer-market/105381/
Thailand Juicer Market Report by Segment
By Distribution Channel
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
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