South Korea Mixer, Juicer & Grinder Market Research Report, 2028

South Korea has witnessed a substantial growth in the market for mixers and juicers in recent years, driven by a combination of factors that reflect the nation's evolving culinary preferences and lifestyle choices. With a rich culinary heritage that spans traditional Korean cuisine and a burgeoning interest in global food trends, mixers and juicers have become indispensable tools for South Korean households. As the country's population becomes more health-conscious, there has been a surge in demand for fresh and nutritious beverages, and mixers and juicers are the perfect companions for creating these wholesome drinks. Consumers are now more inclined to incorporate fruits, vegetables, and super foods into their diets, leading to a heightened need for appliances that can efficiently extract juices and blend ingredients to make smoothies and nutrient-packed beverages. South Koreans have a proclivity for convenience, and mixers and juicers cater perfectly to this preference. The fast-paced urban lifestyle in cities like Seoul demands quick and hassle-free food preparation, and these appliances excel in simplifying the process. Whether it's whipping up a breakfast smoothie, making traditional Korean sauces, or experimenting with international recipes, mixers and juicers offer the convenience that busy individuals and families seek. According to the research report, “South Korea Mixer, Juicer & Grinder Research Report, 2028” published by Actual Market Research, the South Korea Mixer, Juicer & Grinder market is anticipated to reach more than USD 600 Million by 2028. The market for mixers and juicers in South Korea is experiencing remarkable growth, driven by a combination of health and wellness trends and advancements in technology. South Koreans are increasingly prioritizing healthy living, making mixers and juicers an integral part of their daily routines. The expansion is the burgeoning health-consciousness among South Korean consumers. People are becoming more aware of the benefits of incorporating fresh fruits and vegetables into their diets. Mixers and juicers provide an efficient means to create nutritious and homemade beverages like fresh fruit juices, vegetable smoothies, and detoxifying blends. This aligns perfectly with the growing demand for healthier food choices in South Korea. Additionally, the rise of wellness trends, such as detox diets and organic food consumption, has further fueled the demand for mixers and juicers. These appliances enable South Koreans to create their own customized detox drinks and organic juices, giving them greater control over their dietary choices. Advancements in technology have also played a significant role in the market's expansion. South Korea, known for its technological innovation, has seen the development of increasingly sophisticated and user-friendly mixers and juicers. Many models now come equipped with powerful motors, intuitive touch-screen controls, and smart features like app connectivity. These innovations enhance the user experience and encourage consumers to incorporate these appliances into their daily lives.

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The market is segmented on the basis of Products, into mixers and juicers. The market of mixers dominates the market with more than 80% market share in 2022. Following it the market of juicers which is anticipated to grow with the largest market CAGR; this is due to the health concerns among the consumers. Along with this, during the COVID-19 pandemic there was an increased focus on home cooking and healthier living. Many South Korean have shift towards looking for appliances like juicers to support their healthier lifestyles. Along with this, the market is segmented based on the two types of mixers, which includes traditional and stand mixers. Many people still prefer traditional mixers over stand mixers for a variety of reasons, with the versatility of different-sized jars being a notable advantage. Traditional mixers, often referred to as mixer grinders, are popular in many households, particularly in regions like Japan, where they are an integral part of the culinary culture. The benefit of traditional mixers is their adaptability to a wide range of tasks, due to the inclusion of various-sized jars and attachments. Additionally, the market is also segmented based on different types of juicers available; including Centrifugal juicer, Masticating juicer, and others (Juice Press, Manual Juicer, Pulp Ejection Juicer, and Citrus Juicers. Centrifugal juicers dominate the market in South Korea of 2022. Centrifugal juicers, use spinning blades to produce juice out of veggies and fruit, are cheaper than cold press juicers, which grind and strain instead. The market is segmented based on the End-User’s; it includes commercials and residential sectors. In residential homes, mixers and juicers serve as essential kitchen appliances that cater to a wide range of cooking and dietary preferences. Residential users frequently utilize mixers for tasks such as making homemade batters, kneading dough, blending smoothies, and whipping creams. The convenience of having these appliances readily available in the comfort of one's home encourages regular use. Residential users are more likely to prioritize health and nutrition. The residential kitchen is often the place where families prepare meals, and the demand for fresh, homemade juices and nutritious smoothies is on the rise. Mixers and juicers play a crucial role in helping individuals create healthy and customized beverages from fresh fruits and vegetables, aligning with the growing emphasis on wellness and balanced diets. In contrast, commercial settings like restaurants, cafes, and juice bars also rely on mixers and juicers, but their usage is more specialized and intermittent. Commercial establishments may use larger and more powerful equipment to meet higher demand, but the frequency of use is typically concentrated during operational hours. In these settings, equipment must be durable and capable of handling continuous operation. Considered in this report: • Geography: South Korea • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Kripa Shah

Senior Analyst

Aspects covered in this report: • South Korea Mixer, Juicer & Grinder market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Mixer Grinder • Juicer By Mixer Grinder • Traditional mixer • Stand mixer

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By Juicer • Centrifugal juicer • Masticating juicer • Others (Juice Press, Manual Juicer, Pulp Ejection Juicer, Citrus Juicers) By End User • Residential • Commercial By Distribution • Offline • Online The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Mixer, Juicer & Grinder industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.