Smoothies Market Estimated to Exceed US$ 21.1 Billion Globally by 2023-2028 | CAGR of 4.7%

As per the latest report by IMARC Group, titled "Smoothies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the global smoothies market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global smoothies market size reached US$ 15.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Smoothies represent a creamy, thick, and milk-based beverage that is prepared from a combination of raw fruits, vegetables, and numerous other components, including ice cream, yogurt, nuts, etc. They are rich in fibers, minerals, proteins, vitamins, etc., that aid in detoxifying the body, enhancing the immune system, reducing unhealthy food cravings, improving skin texture, preventing dehydration, maintaining a healthy body, etc. Smoothies exhibit antioxidant characteristics that help in neutralizing unstable radicals and mitigate the risk of several diseases. Consequently, they are extensively consumed as a refreshing beverage by people to fulfill their nutritional requirements. Presently, smoothies are mainly available in fresh and frozen forms.

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Global Smoothies Market Trends:

The growing prevalence of various lifestyle and chronic diseases, especially amongst the geriatric population, is among the key factors stimulating the smoothies market. Moreover, the rising consumer inclination towards healthier and ready-to-drink (RTD) beverages is acting as another significant growth-industry factor. Apart from this, the widespread adoption of a healthy lifestyle to achieve individual nutritional and weight goals is positively influencing the global market. Furthermore, the emerging trend of green smoothies that are prepared by incorporating numerous green leafy vegetables, including spinach, lettuce, collard greens, etc., is also propelling the market growth.

Besides this, they assist in improving physical strength and endurance, reducing bad cholesterol levels, optimizing metabolism, enhancing skin texture, etc., which is further catalyzing the global market. Additionally, extensive R&D activities, the escalating demand for on-the-go-meal options, and the introduction of variants in innovative flavors are expected to drive the smoothies market over the forecasted period.

Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/smoothies-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Smoothie King
• Maui Wowi Hawaiian Coffees & Smoothies
• Suja Juice
• Innocent Drinks
• Bolthouse Farms
• Jamba Juice Company
• Ella's Kitchen Ltd.
• Barfresh Food Group, Inc
• Tropical Smoothie Café

Key Market Segmentation:

Breakup by Product:

• Dairy-Based
• Fruit-Based

Breakup by Consumption Pattern:

• Out of Home
• At Home

Breakup by Distribution Channel:

• Restaurants and Smoothie Bars
• Supermarkets and Hypermarkets
• Convenience Stores
• Others

Breakup by Packaging Material:

• Plastic
• Paper
• Glass
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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