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PUBLISHER: IMARC | PRODUCT CODE: 1287370

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PUBLISHER: IMARC | PRODUCT CODE: 1287370

Smoothies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global smoothies market size reached US$ 15.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

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 industry growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smoothies market report, along with forecasts at the global and regional level from 2023-2028 Our report has categorized the market based on product, distribution channel, packaging material and consumption pattern.

Breakup by Product:

  • Dairy-Based
  • Fruit-Based

Breakup by Distribution Channel:

  • Restaurants and Smoothie Bars
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Others

Breakup by Packaging Material:

  • Plastic
  • Paper
  • Glass
  • Others

Breakup by Consumption Pattern:

  • Out of Home
  • At Home

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 Cafe, 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

Key Questions Answered in This Report:

  • What was the size of the global smoothies market in 2022?
  • What is the expected growth rate of the global smoothies market during 2023-2028?
  • What are the key factors driving the global smoothies market?
  • What has been the impact of COVID-19 on the global smoothies market?
  • What is the breakup of the global smoothies market based on the product?
  • What is the breakup of the global smoothies market based on the distribution channel?
  • What is the breakup of the global smoothies market based on the packaging material?
  • What is the breakup of the global smoothies market based on the consumption pattern?
  • What are the key regions in the global smoothies market?
  • Who are the key players/companies in the global smoothies market?
Product Code: SR1623A70_Report

Table of Contents

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
Product Code: SR1623A70_Report

List of Figures

  • Figure 1: Global: Smoothies Market: Major Drivers and Challenges
  • Figure 2: Global: Smoothies Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Smoothies Market: Breakup by Product (in %), 2022
  • Figure 4: Global: Smoothies Market: Breakup by Distribution Channel (in %), 2022
  • Figure 5: Global: Smoothies Market: Breakup by Packaging Material (in %), 2022
  • Figure 6: Global: Smoothies Market: Breakup by Consumption Pattern (in %), 2022
  • Figure 7: Global: Smoothies Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Smoothies Market Forecast: Sales Value (in Billion US$), 2023-2028
  • 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$), 2017 & 2022
  • Figure 13: Global: Smoothies (Dairy-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Smoothies (Fruit-Based) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Smoothies (Fruit-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Smoothies Market: Sales through Restaurants and Smoothie Bars (in Million US$), 2017 & 2022
  • Figure 17: Global: Smoothies Market Forecast: Sales through Restaurants and Smoothie Bars (in Million US$), 2023-2028
  • Figure 18: Global: Smoothies Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
  • Figure 19: Global: Smoothies Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
  • Figure 20: Global: Smoothies Market: Sales through Convenience Stores (in Million US$), 2017 & 2022
  • Figure 21: Global: Smoothies Market Forecast: Sales through Convenience Stores (in Million US$), 2023-2028
  • Figure 22: Global: Smoothies Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
  • Figure 23: Global: Smoothies Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
  • Figure 24: Global: Smoothies (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Smoothies (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Smoothies (Paper) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Smoothies (Paper) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Smoothies (Glass) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Smoothies (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Smoothies (Other Packaging Types) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Smoothies (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Smoothies (Out of Home) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Smoothies (Out of Home) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Global: Smoothies (At Home) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Global: Smoothies (At Home) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: North America: Smoothies Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: North America: Smoothies Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Europe: Smoothies Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Europe: Smoothies Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: Asia Pacific: Smoothies Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: Asia Pacific: Smoothies Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Middle East and Africa: Smoothies Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Middle East and Africa: Smoothies Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Latin America: Smoothies Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Latin America: Smoothies Market Forecast: Sales Value (in Million US$), 2023-2028

List of Tables

  • Table 1: Global: Smoothies Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Smoothies Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Smoothies Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 4: Global: Smoothies Market Forecast: Breakup by Packaging Material (in Million US$), 2023-2028
  • Table 5: Global: Smoothies Market Forecast: Breakup by Consumption Pattern (in Million US$), 2023-2028
  • Table 6: Global: Smoothies Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Smoothies Market Structure
  • Table 8: Global: Smoothies Market: Key Players
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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