Global Smoothie Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Smoothie Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Fruit-based, Dairy-based, and Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Smoothie Bars, Convenience Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Smoothie Market was valued at USD 12,527.7 million in 2023 and is expected to reach USD 25,517.3 million by 2031 while growing at a CAGR of 9.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global smoothie market growth. A smoothie is a thick and creamy blended beverage made by mixing fruits, vegetables, yogurt, ice, and liquids such as milk or juice until smooth. It is enjoyed as a refreshing and nutritious drink.
Increasing demand for convenient and on-the-go options, coupled with a growing awareness of the importance of a healthy lifestyle, propels the smoothie market's growth. Nevertheless, obstacles like high perceived cost and limited product differentiation may impede market expansion.
Furthermore, the global smoothie industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Smoothie Market is segmented among Fruit-based, Dairy-based, and Other Product Types, based on Product Type. In 2023, Fruit-based accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Smoothie Market is segmented among Supermarkets/Hypermarkets, Smoothie Bars, Convenience Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Smoothie Bars accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Smoothie Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Danone SA, Focus Brands LLC, Bolthouse Farms, Barfresh Food Group Inc., The Coca-Cola Company, The Hain Celestial Group Inc., PepsiCo Inc., The Kraft Heinz Company, MTY Food Group, and Smoothie King.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Smoothie Market Dynamics
Drivers
Restraints
Opportunity
4. Global Smoothie Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Smoothie Market Segmentation, By Product Type
Global Smoothie Market Share Analysis, By Product Type
Global Smoothie Market Growth Analysis, By Product Type
Global Smoothie Market Trends, By Product Type
o Fruit-based
o Dairy-based
o Other Product Types
6. Global Smoothie Market Segmentation, By Distribution Channel
Global Smoothie Market Share Analysis, By Distribution Channel
Global Smoothie Market Growth Analysis, By Distribution Channel
Global Smoothie Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Smoothie Bars
o Convenience Stores
o Other Distribution Channels
7. Global Smoothie Market Segmentation, By Region
Global Smoothie Market Share Analysis, By Region
Global Smoothie Market Growth Analysis, By Region
Global Smoothie Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Danone SA.
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Focus Brands LLC
Bolthouse Farms
Barfresh Food Group Inc.
The Coca-Cola Company
The Hain Celestial Group Inc.
PepsiCo Inc.
The Kraft Heinz Company
MTY Food Group
Smoothie King
*Similar analysis will be provided for each company listed above.
