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Global Smoothies Market to reach USD 12 billion by 2028.

Global Smoothies Market Size study, byProduct (Dairy-based, Fruit-based, Others), By Distribution Channel (Smoothie Bars, Restaurants, Supermarkets & Convenience Stores) and Regional Forecasts 2022-2028

Product Code: OIRFB-60168341
Publish Date: 25-05-2022
Page: 200

Global Smoothies Market is valued at approximately USD 6.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2022-2028. Smoothies with a lot of fruits and vegetables are advised as part of a healthy diet. Furthermore, rising consumer health consciousness and changing lifestyle and food habits, as well as health benefits, are propelling the smoothies industry forward. The bulk of the population currently skips meals and replaces them with various snack foods. Carbohydrate intake is low, especially when smoothies are made without sugar. As a result, most gym trainers advise clients who want to reduce weight to drink smoothies. As a result, smoothies have become a popular meal replacement option. They are also healthier than other snack foods, as well as having a wonderful taste, areconvenient, and portable.Companies are concentrating their efforts on developing new beverages to fulfil the growing demand for smoothies. However, achieving sustainability has its own set of difficulties and constraints. Several companies are focusing on expanding and introducing sugar-free products to the market. Smoothie King collaborated with HungerRush in February 2022 to use its OrderAI platform. The partnership’s main goal was to show its willingness to invest in new technology in order to increase profitability and sales for its franchisees. Similarly, the UK government has adopted health policy measures and reforms that have had a substantial impact on the market. The British government has issued guidelines for residents on how to eat healthily. The Eatwell Guide (UK) found that daily ingestion of 150 mL of fruit-based smoothies decreases the incidence of dental decay. These campaigns attempt to raise public awareness about the benefits of fruit-based smoothies, which will increase industry demand.

The key regions considered for the global Smoothies marketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World.Due to rising demand in the United States, Canada. North America accounted for significant share of the worldwide smoothie market.. The industry is developing due to the increasing use of smoothies to maintain body metabolism. Increasing R&D in order to procure innovative organic beverages is driving regional market expansion. Key players headquartered in the United States are offering smoothies at a cheaper cost to encourage citizens to live a healthier lifestyle.From 2022 to 2028, Asia Pacific is predicted to grow with highest growth rate. This is due to the rising demand for organic soft drinks throughout the region. The market is rising due to a growing awareness of the need of maintaining long-term health in China and India. In the future years, the increased acceptance of the product to combat diseases like diabetes is expected to fuel corporate growth. Increased product awareness in nations like India, China, Japan, and South Korea is expected to drive the region’s strong growth rate. The demand for processed foods is being driven by rising disposable income and a changing lifestyle in the region.

Major market players included in this report are:
Barfresh Food Group, Inc
Bolthouse Farms
Ella’s Kitchen Ltd
Innocent Drinks
Jamba Juice Company
Maui Wowi Hawaiian Coffees & Smoothies
Smoothie King
Suja Juice
Tropical Smoothie Café
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct:
Fruit-based
Dairy-based
Others

By Distribution Channel:
Restaurants
Smoothie Bars
Supermarkets & Convenience Stores

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Smoothies Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Smoothies Market, by Region, 2020-2028 (USD Billion)
1.2.2. Smoothies Market, by Product, 2020-2028 (USD Billion)
1.2.3. Smoothies Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smoothies Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smoothies Market Dynamics
3.1. Smoothies Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing consumption of healthy beverages from emerging economy
3.1.1.2. Change in lifestyle and food consumption habits
3.1.2. Market Challenges
3.1.2.1. Implementing sustainability has its unique challenges and limitations.
3.1.3. Market Opportunities
3.1.3.1. Initiatives and reforms in health policies
Chapter 4. Global Smoothies Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Smoothies Market, by Product
6.1. Market Snapshot
6.2. Global Smoothies Market by Product, Performance – Potential Analysis
6.3. Global Smoothies Market Estimates & Forecasts by Product, 2018-2028 (USD Billion)
6.4. Smoothies Market, Sub Segment Analysis
6.4.1. Fruit-based
6.4.2. Dairy-based
6.4.3. Others
Chapter 7. Global Smoothies Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Smoothies Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Smoothies Market Estimates & Forecasts by Distribution Channel, 2018-2028 (USD Billion)
7.4. Smoothies Market, Sub Segment Analysis
7.4.1. Restaurants
7.4.2. Smoothie Bars
7.4.3. Supermarkets & Convenience Stores
Chapter 8. Global Smoothies Market, Regional Analysis
8.1. Smoothies Market, Regional Market Snapshot
8.2. North America Smoothies Market
8.2.1. U.S. Smoothies Market
8.2.1.1. Product breakdown estimates & forecasts, 2018-2028
8.2.1.2. Distribution Channel breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Smoothies Market
8.3. Europe Smoothies Market Snapshot
8.3.1. U.K. Smoothies Market
8.3.2. Germany Smoothies Market
8.3.3. France Smoothies Market
8.3.4. Spain Smoothies Market
8.3.5. Italy Smoothies Market
8.3.6. Rest of Europe Smoothies Market
8.4. Asia-PacificSmoothies Market Snapshot
8.4.1. China Smoothies Market
8.4.2. India Smoothies Market
8.4.3. Japan Smoothies Market
8.4.4. Australia Smoothies Market
8.4.5. South Korea Smoothies Market
8.4.6. Rest of Asia Pacific Smoothies Market
8.5. Latin America Smoothies Market Snapshot
8.5.1. Brazil Smoothies Market
8.5.2. Mexico Smoothies Market
8.6. Rest of The World Smoothies Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Barfresh Food Group, Inc
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Bolthouse Farms
9.2.3. Ella’s Kitchen Ltd
9.2.4. Innocent Drinks
9.2.5. Jamba Juice Company
9.2.6. Maui Wowi Hawaiian Coffees & Smoothies
9.2.7. Smoothie King
9.2.8. Suja Juice
9.2.9. Tropical Smoothie Café
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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