The Rise of the Smoothies Market

The global smoothies market size is expected to be valued at USD 16.15 billion in 2024 and reach USD 26.13 billion by 2029, growing at a CAGR of 10.1% from 2024 to 2029.


Smoothies Market Report Scope:

• Market Size (2029): USD 26.13 billion
• Market Size (2024): USD 16.15 billion
• CAGR (2024 to 2029): 10.1%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Product Type, Distribution channel & Region.
• Geographies Covered: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
• Key Market Players Profiled: PepsiCo, Inc., Smoothie King, Maui Wowi Hawaiian Coffees & Smoothies, Suja Juice, Innocent Drinks, Bolthouse Farms, Jamba Juice Company, Ella's Kitchen Ltd, Barfresh Food Group and Tropical Smoothie Cafe are a few of the major players in the global smoothies market.

Growing consumer preference for healthy diet options is one of the primary factors for the market to grow. Nowadays, people are making health-conscious decisions by skipping meals and replacing them with fresh fruit or vegetable smoothies. Some people are making the daily habit of taking smoothies as snacks. Therefore, awareness among consumers of leading a healthy lifestyle in order to reduce the risk of various diseases is significantly adding fuel to the smoothie's market growth rate. Many companies are launching smoothies with organic ingredients that are high in protein and maintain good health with different flavors according to customer preferences. Smoothies made with fresh fruits or vegetables with added supplements are healthy and tasty. The blenders with different combinations of fruits add exotic flavors to the smoothie, boosting the market value in an enormous way.

Many key players are focusing on following the stringent regulations imposed by government authorities in favor of public safety, which is likely to propel the growth rate of the market. The launch of innovative beverages with various flavors, likely with very little sugar content, is anticipated to level up the market size. With the growing need for the intake of vitamin C and less sugar content, manufacturers are focusing on launching this kind of product, which is eventually prompting the demand for smoothies across the world. Several companies are approaching various strategies in order to promote smoothies through various services in every country. The modern style of smoothies adds high nutritional value as the growing awareness of making smoothies with superfoods like acai, chia seeds, and others grows. This attribute is likely to leverage the growth rate of the market. The US is planning to increase the fruit production rate this year, whereas, in 2023, the US fruit production rate was 52 billion pounds.

However, the high cost of raw products like nuts, oats, fruits, and others due to disruptions in the supply chain is degrading the growth rate of the smoothie market. Less knowledge of the availability of the smoothies and their health benefits will slightly hinder the market size in the coming years. In addition, the easy availability of other sources at lower prices in restaurants and other places limits the market growth rate. Though the recipes are available online, due to lack of time, people rely on alternate choices, which is why the demand for smoothies slightly varies from time to time.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/smoothies-market

Key Insights from The Report:

• By product type, Based on product, the fruit-based segment is estimated to hold the largest share of the global market in 2023 and is expected to be the fastest-growing segment during the forecast period. The domination of the fruit-based segment is attributed to the growing demand for healthy beverages. Fruit-based smoothies are further segmented into organic and inorganic smoothies.

• By Distribution channel, From 2022 to 2027, offline channels are anticipated to account for the majority of distribution channels. The industry is expected to be driven by the high visibility of supermarkets and convenience stores as important selling channels in developing nations like China and India. However, due to the increasing popularity of e-commerce portals, the category for online channels is anticipated to increase at the quickest rate, 5.9%, during the course of the forecasted years.

• North America, dominates the smoothie market due to the high demand for healthy nonalcoholic beverages in this region. Asia Pacific is expected to be the fastest-growing market with a CAGR of over 9% due to the increasing number of people with disposable incomes and changing food habits.
• PepsiCo, Inc., Smoothie King, Maui Wowi Hawaiian Coffees & Smoothies, Suja Juice, Innocent Drinks, Bolthouse Farms, Jamba Juice Company, Ella's Kitchen Ltd, Barfresh Food Group and Tropical Smoothie Cafe are a few of the major players in the global smoothies market.


SEGMENTATION INCLUDED IN THIS REPORT:

By Product type,
• Fruit-based
• Dairy-based

By Distribution channel,
• Offline
• Online

By Region,
• Asia-Pacific
• Middle East
• North America
• Latin America
• Africa

Browse Regional Reports:

North America Smoothies Market Research Report - Segmented By Product (Fruit-based, Dairy-based And Others), Distribution Channel (Restaurants, Smoothie Bars, Supermarkets and Convenience Stores) and Country (The U.S., Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)
https://www.marketdataforecast.com/market-reports/na-smoothies-market

Europe Smoothies Market Research Report - Segmented By Product (Fruit-based, Dairy-based and Others), Distribution Channel (Restaurants, Smoothie Bars, Supermarkets and Convenience Stores) and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)
https://www.marketdataforecast.com/market-reports/europe-smoothies-market

Asia-Pacific Smoothies Market Research Report - Segmented By Product (Fruit-based, Dairy-based and Others), Distribution Channel (Restaurants, Smoothie Bars, Supermarkets and Convenience Stores) and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of Asia-Pacific) - Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)
https://www.marketdataforecast.com/market-reports/apac-smoothies-market

Latin America Smoothies Market By Product (Fruit-based, Dairy-based And Others), By Distribution Channel (Restaurants, Smoothie Bars, Supermarkets And Convenience Stores) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027.
https://www.marketdataforecast.com/market-reports/la-smoothies-market

Middle East and Africa Smoothies Market Research Report - Segmented By Product, Distribution Channel & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from 2023 to 2028
https://www.marketdataforecast.com/market-reports/mea-smoothies-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Fruit-based Smoothies
5.1.2.1 Organic Smoothies
5.1.2.2 Inorganic Smoothies
5.1.3 Dairy-based Smoothies
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 Distribution Channel
5.2.1 Introduction
5.2.2 Restaurants
5.2.3 Smoothie bars
5.2.4 Supermarkets
5.2.5 Convenience Stores
5.2.6 Y-o-Y Growth Analysis, By Distribution Channel
5.2.7 Market Attractiveness Analysis, By Distribution Channel
5.2.8 Market Share Analysis, By Distribution Channel
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Distribution Channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Distribution Channel
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Distribution Channel
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Smoothie King
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Maui Wowi Hawaiian Coffees & Smoothies
8.3 Suja Juice
8.4 Innocent Drinks
8.5 Bolthouse Farms
8.6 Jamba Juice Company
8.7 Ella's Kitchen Ltd
8.8 Barfresh Food Group, Inc
8.9 Tropical Smoothie Café
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

Contact Us:
MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081.

Market Data Forecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081.

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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