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Smoothies: Global Strategic Business Report

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    Report

  • 229 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1227808

Global Smoothies Market to Reach $43.9 Billion by 2030

The global market for Smoothies estimated at US$23.9 Billion in the year 2022, is projected to reach a revised size of US$43.9 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Fruit-Based, one of the segments analyzed in the report, is projected to record 9.3% CAGR and reach US$21.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Dairy-Based segment is readjusted to a revised 7.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.5 Billion, While China is Forecast to Grow at 13.4% CAGR

The Smoothies market in the U.S. is estimated at US$6.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 13.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 6.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Select Competitors (Total 113 Featured) -

  • Barfresh Food Group Inc.
  • Bolthouse Farms Inc.
  • Boost Juice
  • Crussh Fit Food & Juice Bar
  • Ella`s Kitchen (Brands) Ltd
  • Innocent Ltd.
  • Jamba Juice Company
  • Maui Wowi Hawaiian Coffees & Smoothies
  • Naked Juice Company
  • Orange Julius of America
  • Planet Smoothie®
  • Red Mango Inc.
  • Smoothie King Franchises Inc.
  • Stonyfield Farm Inc.
  • Suja Life LLC
  • Surf City Squeeze®
  • Tropical Smoothie Café

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Smoothies - Promising Health Benefits to Drive Market Growth
  • Smoothie Market - Key Trends & Drivers in a Nutshell
  • Recent Market Activity
  • Developed Regions Dominate, Developing Economies to Lead Future Growth
  • Functional Smoothies Market - Positioned for Growth
  • Fruit-Based Smoothies Dominate the Market
  • Innovative, Healthy, and Fortified Smoothies Flood the Market
  • Organic and Non-GMO Smoothies to Witness Significant Growth
  • High-Sugar Content, High Prices & Changing Consumer Tastes - Challenges Confronting Smoothies Market
  • Competitive Scenario
  • Product Differentiation - Critical Strategy for Success
  • Smoothies - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Barfresh Food Group, Inc. (USA)
  • Bolthouse Farms, Inc. (USA)
  • Boost Juice (Australia)
  • Crussh Fit Food & Juice Bar (UK)
  • Ella's Kitchen (Brands) Ltd (UK)
  • Innocent Ltd. (UK)
  • Jamba Juice Company (USA)
  • Maui Wowi Hawaiian Coffees & Smoothies (USA)
  • Naked Juice Company (USA)
  • Orange Julius of America (USA)
  • Planet Smoothie® (USA)
  • Red Mango, Inc. (USA)
  • Robeks Fresh Juices & Smoothies (USA)
  • Smoothie King Franchises, Inc. (USA)
  • Surf City Squeeze® (USA)
  • Stonyfield Farm, Inc. (USA)
  • Suja Life, LLC (USA)
  • Tropical Smoothie Cafe (USA)
3. MARKET TRENDS & DRIVERS
  • Smoothie Market Turns Attention to Address the Unique Needs of Millennials
  • Customization Tops the List
  • Healthy Smoothies Market - Additional Health Benefits Drive Demand
  • Inherent Health Benefits of Smoothies to Drive Market Growth
  • Smoothie Blends with Premium Ingredients - How Healthy Are They?
  • Higher Fiber Content in Smoothies Makes the Category More Promising than Juices
  • Juices Vs Smoothies - An Unending Debate
  • Hectic Lifestyles Trigger On-the-Go Smoothie Consumption
  • Smoothies Emerge as Ideal Meal Replacements
  • Smoothie Bowls - The Next Big Trend in Healthy Foods Space
  • Consumers Show Inclination for Superfood Smoothies
  • Supercharged Green Juice & Smoothie Diet - The Latest Fad
  • Frozen Smoothies Market: Enhancing Shelf Life of Smoothies
  • Yogurt Smoothie Market - A Promising Market
  • Green Smoothies - Are Health Benefits Just Hype?
  • How Real is the Health Risk Associated with Smoothies?
  • Rapid Growth of Juice & Smoothie Bar Franchises
  • Smoothies Increasingly Making their Way into Restaurant Menus
  • Traditional Foodservice Operators & Juice Bars Looking to Transform into Smoothie Outlets
  • Smoothie Blending - An Attractive Proposition for C-Stores
  • Megatrends with Significant Implications for Smoothies Market
  • Expanding Middle Class Population and Rising Disposable Incomes Offer Increased Growth Prospects
  • Expanding Urban Population Spurs Growth
  • Packaging Innovations Facilitate Vendors to Expand Customer Base
  • New, Innovative Sans Bottle for Preserving Juices and Smoothies
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Smoothies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Smoothies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Smoothies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Fruit-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Fruit-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Fruit-based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Dairy-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Dairy-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Dairy-based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Convenience Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Convenience Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Convenience Stores by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Super Markets or Hyper Markets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Super Markets or Hyper Markets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Super Markets or Hyper Markets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Restaurants & Smoothie bars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Restaurants & Smoothie bars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Restaurants & Smoothie bars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Distribution Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Distribution Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Other Distribution Channels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Smoothies Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Smoothies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Barfresh Food Group Inc.
  • Bolthouse Farms Inc.
  • Boost Juice
  • Crussh Fit Food & Juice Bar
  • Ella`s Kitchen (Brands) Ltd
  • Innocent Ltd.
  • Jamba Juice Company
  • Maui Wowi Hawaiian Coffees & Smoothies
  • Naked Juice Company
  • Orange Julius of America
  • Planet Smoothie®
  • Red Mango Inc.
  • Smoothie King Franchises Inc.
  • Stonyfield Farm Inc.
  • Suja Life LLC
  • Surf City Squeeze®
  • Tropical Smoothie Café

Table Information