Smoothies Market, is expected to touch at high CAGR of 11% by 2028 | DataM Intelligence

Market Overview:
Smoothies Market is expected to grow at a CAGR of 11% during the forecasting period (2022-2029).
Smoothies are thick-shake beverages that include ingredients, like yogurt, milk, almond milk, coconut milk, and sherbet.
The smoothie market is flourishing in developed and emerging regions. Smoothies consist of dietary fiber. Thus, they are healthier than fruit juices. The report covers all the major trends and drivers playing a key role in the growth of the global Smoothies market.

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Market Dynamics:
Smoothies market growth is driven mainly due to rising health consciousness amongst people.
Smoothies can help consumers lose excess body weight without skipping any meals.
The fruits and berries that are used to prepare these drinks serve as excellent companions for keeping consumers healthy.
The enzymes present in several fruits help dissolve body fat and clear up your circulatory system.

Market Segmentation:
1. By Type
• Fruit-Based Smoothies*
• Dairy-Based Smoothies
2. By Consumption
• Out-of-Home*
• At-Home

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Competitive Analysis:
Major players in the market are Bolthouse Farms, Jamba Juice Company, MTY Food Group, Smoothie King, and Tropical Smoothie Cafes. Other key players in the market are Daily Harvest, Dr. Smoothie Brands, HAPPY PLANET, J Sainsbury, and The Smoothie Company.

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