Press release
Smoothie Market is Booming Worldwide | Gaining Revolution In Eyes of Global Exposure
Pro Market Reports published a new research publication on "Global Smoothie Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Smoothie market was mainly driven by the increasing R&D spending across the world.Major players profiled in the study are:
PepsiCo Inc of the United States, The Coca Cola Company of the United States, Danone S.A of France, Nestle S.A of Switzerland, Bolthouse Frams Inc of the United States, Barfresh Food group of the United States, Innocent Drink of the United Kingdom, Suja Life LLC of the United States, Smoothie King Franchise Inc of the United States
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Scope of the Report of Smoothie
The size of the Smoothie Market was valued at USD 17 billion in 2023 and is projected to reach USD 26.94 billion by 2032, with an expected CAGR of 6.8% during the forecast period. The smoothie market is the production, distribution, and consumption of blended drinks usually from fruits, vegetables, dairy or plant-based milk, and other ingredients like yogurt, protein powder, and superfoods. Smoothies have gained favor as a product that can be marketed to busy people with a busy lifestyle; they provide nutrients and convenience. They are marketed as healthy, on-the-go meal replacements, snacks, or fitness supplements. This market encompasses bottled or committed RTD smoothies and ingredients to make homemade smoothies, including frozen fruit packs, smoothie powders, and blends. A few factors drive the smoothie market. Firstly, rising consumer preference for healthful and nourishing foods increases smoothies demand as people find them a healthy yet convenient food option for busy lifestyles. Provided with vitamins, antioxidants, and high fiber content, smoothies appeal to consumers who want to incorporate fruits and vegetables into their diet routine. Secondly, awareness of plant-based diets and dietary restrictions on lactose intolerance and gluten sensitivity has resulted in new plant-based smoothie variations using almond, oat, and coconut-based milk. The rising purchase of protein infused and functional smoothies serves the active and health-conscious crowd. Furthermore, following in the vein, some changes in innovations in product formulation have allowed the inclusion of parameters such as kale, chia seeds, and spirulina; hence smoothing expands to more areas of interest. Lastly, the internet business or online presence with health-oriented retail chains adds smoothy consumption throughout the world; hence it has made the market for smoothies expand exponentially. These factors add up to further reinforce the expansive nature of the smoothie market, cementing its place as a dynamic and growing cluster in the global beverage industry.
Driving Forces: What's Propelling the Smoothie Market
• Hybrid Seeds: Improved yield, nutritional content, disease resistance
• Government Initiatives: Promotion of healthy eating, nutrition guidelines
• Food Security Concerns: Convenient and nutritious meal options
• Technological Advancements: Enhanced product quality, shelf life, processing
Challenges and Restraints in Smoothie Market
• Supply Chain Disruptions: Fluctuations in raw material availability
• Raw Material Price Fluctuations: Impact on production costs
• Changing Consumer Preferences: Evolution of dietary habits
Emerging Trends in Smoothie Market
• Plant-Based Smoothies: Growing demand for vegan and health-conscious alternatives
• E-commerce Expansion: Convenient and wider product availability
• Gut Health Focus: Inclusion of probiotics, prebiotics, and digestive enzymes
• Customization and Personalization: Tailoring smoothies to individual nutritional needs
• Functional Ingredient Integration: Incorporation of vitamins, minerals, and other beneficial ingredients
Growth Catalysts in Smoothie Industry
• Innovation: Novel flavors, textures, nutritional profiles
• Regulations: Ensuring food safety and labeling accuracy
• Healthy Lifestyle Movement: Increased awareness of nutritional benefits
The titled segments and sub-section of the market are illuminated below:
Type : Fruit-Based, Dairy-Based, Others (Vegetable-Based; Plant-Based), Distribution Channel : Supermarkets, Hypermarkets, Smoothie- Elated Bars, Convenience Stores
Recent Developments in Smoothie
• March 2022: Felicity Nutrition, Inc. launches EO3 smoothie with stabilized and emulsified cod liver oil for enhanced omega-3 intake.
• September 2021: The Coca-Cola Company sells Odwalla brand to investment firm Full Sail IP Partners.
• August 2022: Bolthouse Farms acquires Evolution Fresh, a subsidiary of Starbucks, to expand its beverage portfolio and add organic cold-pressed juices.
What can be explored with the Smoothie Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Smoothie Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Smoothie
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Smoothie Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Smoothie market
Chapter 2: Exclusive Summary - the basic information of the Smoothie Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Smoothie
Chapter 4: Presenting the Smoothie Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2022
Chapter 6: Evaluating the leading manufacturers of the Smoothie market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Smoothie Market is a valuable source of guidance for individuals and companies.
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Pro Market Reports is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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