Report Scope & Overview:
Smoothies Market Size was valued at USD 13.78 billion in 2022 and is expected to reach USD 30.20 billion by 2030, and grow at a CAGR of 10.3% over the forecast period 2023-2030.
A smoothie alludes to a thick drink that is ready by mixing a variety of organic products, vegetables, and different fixings including milk, seeds, yogurt, ice shapes, sugars, and dietary and home-grown supplements. It is high in supplements like nutrients and strands and can be effortlessly ready and put away for prompt or later utilization. With the rising pattern of green smoothies, different shoppers are consolidating green verdant vegetables, for example, kale, spinach, lettuce, and collard greens, into their smoothies to further develop processing, support the invulnerable framework and limit unfortunate food desires.
With the working on monetary circumstances, malnourishment and healthful lack which prior impacted a huge section of the populace have now been supplanted with persistent sicknesses, for example, joint inflammation, stroke, weight, diabetes, epilepsy, and coronary episodes, especially in created nations. For example, as per the Centers for Disease Control and Prevention (CDC), persistent infections are one of the main medical conditions in the US. Be that as it may, attributable to rising wellbeing awareness in intersection with the reception of better ways of life, purchasers are changing their ordinary eating regimen. They are moving from carb-loaded food items toward solid protein-improved tidbits and dinners. Also, they are eating more practical food varieties and drinks like smoothies to meet their everyday nourishing prerequisites. Aside from this, attributable to rushed ways of life and long working hours, an ascent in the interest for in a hurry dinner choice has been seen which, thusly, is reinforcing the business development.
Developing worries about well-being and wellness among individuals across the globe is the key element driving market development.
Rising mindfulness about the advantages of smoothies in the weight loss interaction.
Absence of mindfulness about the accessibility of smoothies in the arising areas might upset the market development.
Besides, rising interest for prepared-to-eat food and drinks is likewise expected to add to the market development throughout the next few years.
High interest in sound beverages.
Impact of Covid-19:
Smoothies were essentially sold in physical stores before the pandemic, which had represented most of their deals. During the COVID-19 pandemic, retail organizations must be shut because of lockdown, and café and bistro proprietors to fight with the lower footfall in their outlets. A few organizations turned their plan of action and chose to create bundled cycles of their famous items, while establishments focused on feast conveyance accomplices and drive-through administrations. In addition, organizations that offered more nutritious item contributions flourished because of an expansion in mindfulness concerning the utilization of good food sources.
A smoothie is a thick beverage produced using joining an assortment of organic products, vegetables, and extra parts, for example, milk, seeds, yogurt, ice 3D squares, sugars, and wholesome and homegrown supplements. The smoothie market is sectioned based on item type, appropriation channel, and topography. Given item type, the market is portioned into organic product-based, dairy-based, and other item types. Based on the dissemination channel, the market is portioned into general stores/hypermarkets, smoothie bars, odds and ends shops, and other conveyance channels.
Key Market Segmentation:
By Distribution Channel:
Restaurants and Smoothie Bars
Supermarkets and Hypermarkets
By Packaging Material:
By Consumption Pattern:
Out of Home
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The North American area represents the larger part share of the market examined, trailed by the Asia-Pacific district. In the North American locale, the United States represented a greater part share, regarding utilization of solid fixings, inferable from the bustling way of life and disintegrating medical issues in the country. Additionally, rising well-being awareness and occupied way of life are driving the reception of accommodation food, essentially in nations, similar to India and China. Moreover, the Asia-Pacific smoothies market is supposed to enlist sound development. Also, there is a huge expansion in the interest for natural smoothies and high-fiber solid smoothies, with added medical advantages. This is expected to drive the market's development.
Key Players of Smoothies Markets are NOKA Organics LLC, Evolution Fresh, SUJA LIFE, LLC, Naked Juice Company, Koia, Daily Harvest, Medlie, HAPPY PLANET FOODS, Innocent, and Smoothie King.
|Market Size in 2022||US$ 13.78 Billion|
|Market Size by 2030||US$ 30.20 Billion|
|CAGR||CAGR 10.3% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Product (Fruit-based, Dairy-based, And Others)
• by Distribution Channel (Restaurants, Smoothie Bars, Supermarkets, And Convenience Stores)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||NOKA Organics LLC, Evolution Fresh, SUJA LIFE, LLC, Naked Juice Company, Koia, Daily Harvest, Medlie, HAPPY PLANET FOODS, Innocent, and Smoothie King.|
|Key Drivers||•Rising mindfulness about the advantages of smoothies in the weight loss interaction.|
|Market Challenges:||•High interest in sound beverages.|
The Smoothies Market Size was valued at USD 13.78 billion in 2022
The growth rate of the smoothie market is a CAGR of 10.3% over the forecast period 2023-2030.
A smoothie alludes to a thick drink that is ready by mixing a variety of organic products, vegetables, and different fixings including milk, seeds, yogurt, ice shapes, sugars, and dietary and home-grown supplements. It is high in supplements like nutrients and others.
The forecast period for the smoothie market is 2022-2030
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Smoothies Market segmentation, by Product
9. Global Smoothies Market segmentation, by Distribution Channel
9.1 Restaurants and Smoothie Bars
9.2 Supermarkets and Hypermarkets
9.3 Convenience Stores
10. Global Smoothies Market segmentation, by Packaging Material:
11. Global Smoothies Market segmentation, by Consumption Pattern:
11.1 Out of Home
11.2 At Home
12. Global Smoothies Market, by region/ country
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company profiles
13.1 NOKA Organics LLC
13.1.2 Products/ Services Offered
13.1.3 Swot Analysis
13.1.4 The SNS View
13.2 Evolution Fresh
13.3 SUJA LIFE, LLC
13.4 Naked Juice Company
13.6 Daily Harvest
13.8 HAPPY PLANET FOODS
13.10 Smoothie King.
14. Competitive Landscape
14.1 Competitive Bench Marking
14.2 Market Share Analysis
14.3 Recent Developments
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