The global smoothies market is expected to grow at a CAGR of around 6% during 2019-2024. 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.
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 market growth.
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:
- Historical, Current and Future Market Trends
- Market Breakup by Product:
- Market Breakup by Distribution Channel:
- Restaurants and Smoothie Bars
- Supermarkets and Hypermarkets
- Convenience Stores
- Others
- Market Breakup by Packaging Material:
- Plastic
- Paper
- Glass
- Others
- Market Breakup by Consumption Pattern:
- Market Breakup by Region:
- 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.
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 is the breakup of the market based on the product type?
- 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 Market Breakup by Product
5.4 Market Breakup by Distribution Channel
5.5 Market Breakup by Packaging Material
5.6 Market Breakup by Consumption Pattern
5.7 Market Breakup by Region
5.8 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$), 2013-2018
Figure 3: Global: Smoothies Market: Breakup by Product (in %), 2018
Figure 4: Global: Smoothies Market: Breakup by Distribution Channel (in %), 2018
Figure 5: Global: Smoothies Market: Breakup by Packaging Material (in %), 2018
Figure 6: Global: Smoothies Market: Breakup by Consumption Pattern (in %), 2018
Figure 7: Global: Smoothies Market: Breakup by Region (in %), 2018
Figure 8: Global: Smoothies Market Forecast: Sales Value (in Billion US$), 2019-2024
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$), 2013-2018
Figure 13: Global: Smoothies (Dairy-Based) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Smoothies (Fruit-Based) Market: Sales Value (in Million US$), 2013-2018
Figure 15: Global: Smoothies (Fruit-Based) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Smoothies Market: Sales Through Restaurants and Smoothie Bars (in Million US$), 2013-2018
Figure 17: Global: Smoothies Market Forecast: Sales Through Restaurants and Smoothie Bars (in Million US$), 2019-2024
Figure 18: Global: Smoothies Market: Sales Through Supermarkets and Hypermarkets (in Million US$), 2013-2018
Figure 19: Global: Smoothies Market Forecast: Sales Through Supermarkets and Hypermarket(in Million US$), 2019-2024
Figure 20: Global: Smoothies Market: Sales Through Convenience Stores (in Million US$), 2013-2018
Figure 21: Global: Smoothies Market Forecast: Sales Through Convenience Stores (in Million US$), 2019-2024
Figure 22: Global: Smoothies Market: Sales Through Other Distribution Channels (in Million US$), 2013-2018
Figure 23: Global: Smoothies Market Forecast: Sales Through Other Distribution Channels (in Million US$), 2019-2024
Figure 24: Global: Smoothies (Plastic) Market: Sales Value (in Million US$), 2013-2018
Figure 25: Global: Smoothies (Plastic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Smoothies (Paper) Market: Sales Value (in Million US$), 2013-2018
Figure 27: Global: Smoothies (Paper) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Smoothies (Glass) Market: Sales Value (in Million US$), 2013-2018
Figure 29: Global: Smoothies (Glass) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Smoothies (Other Packaging Types) Market: Sales Value (in Million US$), 2013-2018
Figure 31: Global: Smoothies (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Smoothies (Out Of Home) Market: Sales Value (in Million US$), 2013-2018
Figure 33: Global: Smoothies (Out Of Home) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Smoothies (At Home) Market: Sales Value (in Million US$), 2013-2018
Figure 35: Global: Smoothies (At Home) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: North America: Smoothies Market: Sales Value (in Million US$), 2013-2018
Figure 37: North America: Smoothies Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Europe: Smoothies Market: Sales Value (in Million US$), 2013-2018
Figure 39: Europe: Smoothies Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: Asia Pacific: Smoothies Market: Sales Value (in Million US$), 2013-2018
Figure 41: Asia Pacific: Smoothies Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Middle East and Africa: Smoothies Market: Sales Value (in Million US$), 2013-2018
Figure 43: Middle East and Africa: Smoothies Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Latin America: Smoothies Market: Sales Value (in Million US$), 2013-2018
Figure 45: Latin America: Smoothies Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Smoothies Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Smoothies Market Forecast: Breakup by Product (in Million US$), 2019-2024
Table 3: Global: Smoothies Market Forecast: Breakup by Distribution Channel (in Million US$), 2019-2024
Table 4: Global: Smoothies Market Forecast: Breakup by Packaging Material (in Million US$), 2019-2024
Table 5: Global: Smoothies Market Forecast: Breakup by Consumption Pattern (in Million US$), 2019-2024
Table 6: Global: Smoothies Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 7: Global: Smoothies Market Structure
Table 8: Global: Smoothies Market: Key Players