Market Overview:
The global smoothies market reached a value of US$ 14.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2027, exhibiting at a CAGR of 5.0% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A smoothie refers to a thick beverage which is prepared by blending an assortment of fruits, vegetables and other ingredients including milk, seeds, yogurt, ice-cubes, sweeteners, and nutritional and herbal supplements. It is high in nutrients such as vitamins and fibers and can be easily prepared and stored for immediate or later consumption. With the rising trend of green smoothies, various consumers are incorporating green leafy vegetables, such as kale, spinach, lettuce and collard greens, into their smoothies to improve digestion, boost the immune system and minimize unhealthy food cravings.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
With the improving economic conditions, malnourishment and nutritional deficiencies which earlier affected a large segment of the population have now been replaced with chronic diseases such as arthritis, stroke, obesity, diabetes, epilepsy and heart attacks, particularly in developed countries. For instance, according to the Centers for Disease Control and Prevention (CDC), chronic diseases are one of the leading health problems in the US. However, owing to rising health consciousness in confluence with the adoption of healthier lifestyles, consumers are altering their everyday diet. They are shifting from carbohydrate-laden food products toward healthy protein-enriched snacks and meals. In addition to this, they are consuming more functional foods and beverages like smoothies to meet their daily nutritional requirements. Apart from this, owing to hectic lifestyles and long working hours, a rise in the demand for on-the-go-meal options has been observed which, in turn, is strengthening the industry growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smoothies market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product, distribution channel, packaging material and consumption pattern.
Breakup by Product:
Breakup by Distribution Channel:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Restaurants and Smoothie Bars
- Supermarkets and Hypermarkets
- Convenience Stores
- Others
Breakup by Packaging Material:
- Plastic
- Paper
- Glass
- Others
Breakup by Consumption Pattern:
Breakup by Region:
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- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Smoothie King, Maui Wowi Hawaiian Coffees & Smoothies, Suja Juice, Innocent Drinks, Bolthouse Farms, Jamba Juice Company, Ella’s Kitchen Ltd, Barfresh Food Group, Inc, Tropical Smoothie Café, etc.
IMARC Group’s latest report provides a deep insight into the global smoothies market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global smoothies market in any manner
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product, Distribution Channel, Packaging Material, Consumption Pattern, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
Smoothie King, Maui Wowi Hawaiian Coffees & Smoothies, Suja Juice, Innocent Drinks, Bolthouse Farms, Jamba Juice Company, Ella’s Kitchen Ltd, Barfresh Food Group, Inc. and Tropical Smoothie Café |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global smoothies market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global smoothies industry?
- What has been the impact of COVID-19 on the global smoothies market?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the packaging material?
- What is the breakup of the market based on the consumption pattern?
- What are the various stages in the value chain of the global smoothies industry?
- What are the key driving factors and challenges in the global smoothies industry?
- What is the structure of the global smoothies industry and who are the key players?
- What is the degree of competition in the global smoothies industry?
- What are the profit margins in the global smoothies industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smoothies Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Packaging Material
5.7 Market Breakup by Consumption Pattern
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product
6.1 Dairy-Based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Fruit-Based
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Restaurants and Smoothie Bars
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Supermarkets and Hypermarkets
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Convenience Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Packaging Material
8.1 Plastic
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Paper
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Glass
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Consumption Pattern
9.1 Out of Home
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 At Home
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
14.1 Price Indicators
14.2 Price Structure
14.3 Margin Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Smoothie King
15.3.2 Maui Wowi Hawaiian Coffees & Smoothies
15.3.3 Suja Juice
15.3.4 Innocent Drinks
15.3.5 Bolthouse Farms
15.3.6 Jamba Juice Company
15.3.7 Ella’s Kitchen Ltd
15.3.8 Barfresh Food Group, Inc
15.3.9 Tropical Smoothie Cafe
List of Figures
Figure 1: Global: Smoothies Market: Major Drivers and Challenges
Figure 2: Global: Smoothies Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Smoothies Market: Breakup by Product (in %), 2021
Figure 4: Global: Smoothies Market: Breakup by Distribution Channel (in %), 2021
Figure 5: Global: Smoothies Market: Breakup by Packaging Material (in %), 2021
Figure 6: Global: Smoothies Market: Breakup by Consumption Pattern (in %), 2021
Figure 7: Global: Smoothies Market: Breakup by Region (in %), 2021
Figure 8: Global: Smoothies Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Smoothies Industry: SWOT Analysis
Figure 10: Global: Smoothies Industry: Value Chain Analysis
Figure 11: Global: Smoothies Industry: Porter’s Five Forces Analysis
Figure 12: Global: Smoothies (Dairy-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Smoothies (Dairy-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Smoothies (Fruit-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Smoothies (Fruit-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Smoothies Market: Sales through Restaurants and Smoothie Bars (in Million US$), 2016 & 2021
Figure 17: Global: Smoothies Market Forecast: Sales through Restaurants and Smoothie Bars (in Million US$), 2022-2027
Figure 18: Global: Smoothies Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2016 & 2021
Figure 19: Global: Smoothies Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2022-2027
Figure 20: Global: Smoothies Market: Sales through Convenience Stores (in Million US$), 2016 & 2021
Figure 21: Global: Smoothies Market Forecast: Sales through Convenience Stores (in Million US$), 2022-2027
Figure 22: Global: Smoothies Market: Sales through Other Distribution Channels (in Million US$), 2016 & 2021
Figure 23: Global: Smoothies Market Forecast: Sales through Other Distribution Channels (in Million US$), 2022-2027
Figure 24: Global: Smoothies (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Smoothies (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Smoothies (Paper) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Smoothies (Paper) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Smoothies (Glass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Smoothies (Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Smoothies (Other Packaging Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Smoothies (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Smoothies (Out of Home) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Smoothies (Out of Home) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Smoothies (At Home) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Smoothies (At Home) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Smoothies Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Smoothies Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Europe: Smoothies Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Europe: Smoothies Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia Pacific: Smoothies Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia Pacific: Smoothies Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Middle East and Africa: Smoothies Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Middle East and Africa: Smoothies Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Latin America: Smoothies Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Latin America: Smoothies Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: Smoothies Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smoothies Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Smoothies Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Smoothies Market Forecast: Breakup by Packaging Material (in Million US$), 2022-2027
Table 5: Global: Smoothies Market Forecast: Breakup by Consumption Pattern (in Million US$), 2022-2027
Table 6: Global: Smoothies Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Smoothies Market Structure
Table 8: Global: Smoothies Market: Key Players