Global Smoothies Market, By Type (Fruit-Based, Vegetable-Based, Blends, and Others), Packaging Type (Bottles, Cans, and Others), Distribution Channel (Store-Based and Non-Store-Based), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Smoothies Market
The global smoothies market is expected to be growing at a growth rate of 10.0% in the forecast period of 2021 to 2028 and is expected to reach 0.187 USD billion by 2028. The increasing health concerns among the population in urban areas will act as a driving factor to the growth of the smoothies market.
A smoothie is a thick drink produced from a combination of fruits and vegetables and water, ice cubes, yogurt, and milk. Other than this, even sweeteners such as syrup, honey, and sugar are added to the product to enhance the taste. Furthermore, the smoothies consist of dietary fibers and they are more nutritious and healthier in comparison to fruit juices.
Major factors that are expected to boost the growth of the smoothies market in the forecast period are the increasing demand for smoothies combined with the green leafy vegetables, such as kale, spinach, lettuce, and collard greens, to improvise digestion, boost the immune system and minimalize the unhealthy food cravings, the growing alertness amongst the customers concerning about the benefits related to the product, and the up surging need for the product because of the large user base and varying of food habits, fluctuating lifestyle patterns amongst the overall population. Furthermore, the growing demand for the ready-to-eat food products, the surging demand for local flavours in the soft drinks comprising of tropical flavors and the application of new ingredients such as erythritol in soft drinks and the growing need for convenience and value are further anticipated to propel the growth of the smoothies market. Moreover, the growing need for functional food and beverages is also cushioning the growth of the smoothies market in in the timeline period.
However, absence of alertness regarding the accessibility of the products in the advancing countries about the health benefits of the smoothies and the lack of proper packaging methods are further estimated to impede the growth of the smoothies market in the coming years. In addition, the constant product launches in this field will further provide potential growth opportunities for the smoothies market in the near future.
This smoothies market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the smoothies market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Smoothies Market Scope and Market Size
The smoothies market is segmented on the basis of type, packaging type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the type, the smoothies market is segmented into fruit-based, vegetable-based, blends, and others.
- Based on the packaging type, the smoothies market is segmented into bottles, cans, and others.
- Based on the distribution channel, the smoothies market is segmented into store-based and non-store-based. Store-based is further sub segmented into supermarkets and hypermarkets, convenience stores, and others.
Smoothies Market Country Level Analysis
The smoothies market is analysed and market size, volume information is provided by country, type, packaging type and distribution channel as referenced above.
The countries covered in the smoothies market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the smoothies market because of the large-scale consumption of healthy ingredients in the countries such as the U.S. furthermore, the chaotic lifestyle and the increasing of health difficulties amongst the customers will further boost the growth of the smoothies market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the smoothies market because of the substantial surge in the demand for organic smoothies. Moreover, the high fiber healthy smoothies, with its added health benefits is further anticipated to propel the growth of the smoothies market in the region in the near future.
The country section of the smoothies market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smoothies Market Share Analysis
The smoothies market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smoothies market.
The major players covered in the smoothies market report are Bolthouse Farms, Inc., Ella's Kitchen (Brands) Limited, Maui Wowi Hawaiian Coffees & Smoothies, Tropical Smoothie Café, LLC, Barfresh Food Group, Jamba Juice Franchisor SPV LLC., Smoothie King., MTY Franchising Inc., Focus Brand LLC., The Coca-Cola Company., The Hain Celestial, Danone S.A., PepsiCo, The Kraft Heinz Company., Innocent, SUJA LIFE, LLC, Savsé, Crussh, Daily Harvest, Dr. Smoothie Brands, Inc., HAPPY PLANET FOODS., Smoothies - N - Things Café, SmoothieCompany.com, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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