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Smoothies Market By Product Outlook (Fruit-based, Dairy-based, Others) By Distribution Channel Outlook (Restaurants, Smoothie Bars, Supermarkets & Convenience Stores)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Summary
Table Of Content

Key Highlights of the Report

The global smoothies market is divided into four categories: material, application, distribution channel, and geography. Fruit-based smoothies are the most popular, with restaurants and supermarkets & convenience stores are serving as the key distribution channels, with North America dominating market growth.

The global smoothies market is being driven by various factors, including increased fitness and health awareness, an increase in the number of smoothie businesses, and people’s changing lifestyles. Furthermore, increased competition from other beverages, as well as fresh ingredients with a short shelf life, are limiting factors. However, the market faces considerable obstacles, including as limited shelf life for fresh ingredients and increased competition from other healthy beverage options such as cold-pressed juices and kombucha.

Nonetheless, the worldwide smoothies industry provides numerous prospects for expansion, including Plant-based and vegan beverages, as well as functional beverages, are gaining popularity. In addition, increasing the use of social media and influencer marketing to promote smoothies.

Market Overview

The global smoothies market has grown steadily in recent years and is predicted to expand at a CAGR of 9.50% between 2023 and 2030. In 2022, the market was valued at USD 6.8 billion, and it is predicted to grow to USD 12.8 billion by 2030.

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What Are the Primary Driving Forces in the Global Smoothies Market?

Several factors are driving the worldwide smoothies market, including an increase in fitness and health awareness, an increase in the number of smoothie businesses, and people’s changing lifestyles.

What Are the Global Smoothies Market’s Major Challenges?

The worldwide smoothies market also faces various obstacles, including limited shelf life for fresh ingredients and increased competition from alternative healthy beverage options such as cold-pressed juices and kombucha.

What Are the Global Smoothies Market’s Growth Prospects?

There is a growing interest in plant-based and vegan beverages, as well as functional beverages, in the worldwide smoothies industry, which offers considerable potential opportunities.

Executive Summary

Overview of the Global Smoothies Market

Smoothies are growing more popular around the world as people become more health conscious. Demand is also increasing as buyers become more aware of the benefits of the product. Smoothies made with a variety of fruits and vegetables are advised as part of a balanced diet. In addition, rising customer health consciousness, changing lifestyle and food tastes, and health benefits move the Smoothies Market ahead. Half of the population misses meals and substitutes various snack foods. Carbohydrate consumption is modest, particularly when smoothies are made without sugar. As a result, most gym trainers recommend drinking smoothies to persons who wish to reduce weight. Smoothies are becoming more popular as people seek out healthier diets and beverages.

Market Definition

A smoothie is a thick blended beverage with a shake-like consistency that includes fruits and vegetables as well as an extra liquid, such as fruit juice, vegetable juice, milk, or even yogurt, and is typically processed in a blender. Smoothies are made up of three parts, one of which is a fluid that serves as the smoothie’s basis. The second component is a variety of fruits, vegetables, and ice, while the third component is garnishing or toppings. Garnishes are typically fresh mint leaves or half chopped fruits.

Market Insights

Global demand for smoothiess was worth USD 6.8 billion in 2022 and is predicted to reach USD 12.8 billion in 2030, rising at a CAGR of 9.50% between 2023 and 2030.
Fruit-based smoothies accounted for 79% of the market in 2022, while Dairy-based Smoothies are expected to have the highest CAGR during the forecast period.
Restaurants had the largest market share of 67%, with Supermarkets & convenience stores coming in second, and they have considerably contributed to the growth of the Global Smoothies Market.
North America contributed the most to the worldwide smoothie market, accounting for more than 35% of the market in 2022, while Asia Pacific is predicted to grow at a 10.1% CAGR
Increasing Fitness and Health Awareness, as well as an increase in the number of smoothie businesses and people’s changing lifestyles are the major drivers of the market.
At the same time, increased competition from other beverages, as well as fresh ingredients with a short shelf life is the main restraints.
There is a growing interest in plant-based and vegan beverages, as well as functional beverages are the major opportunities in the market.

Segmentation by Product

Fruit-based smoothies accounted for 79% of the market in 2022.
Dairy-based Smoothies are expected to have the highest CAGR during the forecast period.

Segmentation by Distribution Channel

In 2022, restaurants had the biggest market share of 67%.
Supermarkets & convenience stores are the second largest segment, and they have significantly contributed to the expansion of the Global Smoothies Market.
The smoothie bar category is the most popular distribution channel in the market.

Segmentation by Region

North America contributed the most to the worldwide smoothie market, accounting for more than 35% of the market in 2022.
Asia Pacific is predicted to grow at a 10.1% CAGR in 2022.
The rest of the World, including Latin America, The Middle East, and Africa, contributes the remainder to the demand for smoothiess.

Increased fitness and health awareness, as well as a growth in the number of smoothie businesses and people’s changing lifestyles, can all be related to the rising demand for smoothies. However, increased competition from other beverages, as well as fresh ingredients with a short shelf life, are limiting the market.

The North American smoothie market is the world’s largest, thanks to rising demand for healthy and functional beverages. The market is distinguished by a high level of product diversification and innovation, with a diverse range of flavours, formulas, and price points. Jamba Juice, Smoothie King, and Tropical Smoothie Cafe are key players in the North American market.

The Asia-Pacific smoothie market is one of the world’s fastest expanding, owing to rising demand for healthy and functional beverages in emerging economies like China and India. The market is distinguished by a high level of personalization and innovation, with a diverse range of flavours and formulations customized to local tastes and preferences. Jamba Juice, Boost Juice, and Smoothie King are key participants in the Asia-Pacific industry. Moreover, The Latin American smoothie market is still in its infancy, but it has enormous growth potential, thanks to rising demand for healthy and functional beverages in countries such as Brazil and Mexico. The market has a high level of fragmentation and competitiveness, with a big number of small and medium-sized firms. Suco Verde, Green Station, and Casa do Suco are key players in the Latin American market.

Overall, rising demand for smoothies can be ascribed to rising fitness and health awareness, a growth in the number of smoothie businesses, and people’s changing lifestyles.

Increasing Fitness and Health Awareness

The health benefits and nutrients provided by smoothie drinks when compared to other commercial drinks on the market are propelling the smoothie business. According to WHO (World Health Organization) data, lifestyle diseases impact almost 70% of the global population. People are becoming more health and fitness conscious as the prevalence of lifestyle diseases rises. Smoothies are gaining popularity in the market due to their health benefits, as well as their delicious taste and aroma. Custom-made or ordered-made smoothies based on the needs and desires of consumers are also expanding the appeal of smoothie drinks among people.

According to a poll conducted by the FDA (U.S. Food and Drug Administration), banana smoothies are among the most popular and generally sought smoothies. Smoothies are gaining popularity due to their health benefits and delicious taste. The advent of sugar-free smoothies is increasing the appeal of smoothies among diabetics. Smoothie consumption is ideal for people’s demands due to the good packaging and liquid form of smoothies, and the convenience of handling makes the smoothie a preferred health drink among people.

Increasing number of smoothie shops

Smoothie makers are expanding their global footprint, owing to the growing demand for smoothies among Generation Y. Vendors are expanding their consumer base by opening additional stores and outlets across the country. Jamba Juice, one of the biggest smoothie franchises in the United States, launched its first Thai facility in 2017, marking the company’s 70th overseas presence. Max’s Group and the firm have planned to open 40 outlets in the Philippines by 2025.

Smoothie King, the world’s largest smoothie brand, plans to launch a record 263 new locations worldwide in 2020, including 71 in the United States. Tropical Smoothie Caf added 99 new locations, including the 900th at Fort Benning, Georgia. In addition, the company inked 254 additional franchise agreements and is on track to have over 1,000 operating locations by 2021. During the projected period, however, the expanding number of smoothie outlets will drive the worldwide smoothie market.

People’s Changing Lifestyles

Smoothie market growth is being driven by the evolution and modernisation of people’s lifestyles. The United States is regarded as a country with significant smoothie demand and sales. People’s busy and working lifestyles in the United States are growing the demand for smoothies in the country since it is a quick and healthful drink for working professionals with busy schedules. The addition of greens and nutritious fruit to smoothies makes them tastier and higher in nutrient value. The bottled packaging of smoothies, as well as their widespread availability, is expanding the global market for smoothies.

Smoothies are a fantastic health drink and health solution for working professionals who are unable to meet their nutrient demands. Major corporations investing in the smoothies market to develop new varieties and flavours is also increasing the demand for smoothies over other health drinks.

Increased Competition from Other Beverages

Smoothies have grown in popularity in recent years due to their health benefits and ease of preparation. However, increased competition from other beverages such as energy drinks, sports drinks, and ready-to-drink (RTD) tea and coffee is one of the key restrictions of the smoothies market. These beverages are frequently touted as healthier alternatives to soda and other sugary drinks, and they come in a variety of flavours and functionalities.

In addition, these beverages are frequently less expensive than smoothies, which can be pricey due to the inclusion of fresh fruits and vegetables and other premium ingredients. This makes price competition tough for smoothie manufacturers, especially in price-sensitive areas.

Smoothie makers are focused on product innovation and differentiation to address this difficulty. They are creating new flavours and formulations that will appeal to a broader spectrum of consumers, and they are also looking at new distribution channels such as internet sales and vending machines to reach more customers. Despite these obstacles, the smoothies market is likely to rise steadily in the next years, owing to rising demand for nutritious and convenient beverages.

Fresh ingredients have a limited shelf life

The short shelf life of fresh fruits and vegetables used in smoothie manufacture is another important constraint in the smoothies business. Fresh ingredients used in smoothies can expire quickly due to their natural and unprocessed character, resulting in food waste and increased manufacturing expenses. Furthermore, seasonal changes, weather conditions, and other factors might alter the supply of fresh ingredients used in smoothies, resulting in supply chain disruptions and pricing volatility. This can make it challenging for smoothie manufacturers to maintain consistent product quality and pricing.

Rising Interest in Plant-Based and Vegan Beverages

Consumers are increasingly seeking plant-based alternatives to traditional animal-based products as they grow more health-conscious and environmentally conscientious. Smoothies, which are frequently created with fruits, vegetables, and other plant-based ingredients, are ideally positioned to benefit from this trend. Furthermore, smoothies are frequently marketed as healthy and natural beverages, appealing to consumers seeking healthier alternatives to sugary drinks and other unhealthy beverages.

To capitalize on this trend, smoothie makers are creating new plant-based and vegan recipes that will appeal to a broader spectrum of consumers. In order to reach more clients, they are also looking into new distribution methods such as health food stores and online sales. Despite increasing competition and the short shelf life of fresh ingredients, the smoothies industry is predicted to develop steadily in the next years, driven by rising demand for nutritious and ecologically friendly beverages.

Rising Interest in Functional Beverages

Consumers are increasingly interested in beverages that provide functional benefits like energy, immunity, and digestive health. Smoothies, which are frequently mixed with functional ingredients like superfoods, protein powders, and probiotics, are well-positioned to benefit from this trend. In addition, smoothies can be tailored to fit the specific needs and preferences of individual consumers, catering to the growing need for individualized nutrition.

To capitalize on this trend, smoothie makers are creating new formulas with a variety of beneficial benefits. In order to reach more health-conscious consumers, they are also looking into new distribution channels such as gyms, health clubs, and wellness centres. Despite increasing competition and the short shelf life of fresh ingredients, the smoothies industry is likely to develop steadily in the next years, driven by rising demand for functional and personalized beverages.

Competitive Landscape

Key Players

The global smoothies market is highly competitive, with the presence of several key players. Some of the major players in the market and their market share are as follows:

Barfresh Food Group, Inc
Bolthouse Farms
Ella’s Kitchen Ltd
Jamba Juice Company
Hawaiian Coffees & Smoothies
Maui Wowi Smoothie King
Suja Juice
Innocent Drinks
Tropical Smoothie Café
PepsiCo, Inc.
The Coca-Cola Company
Focus Brands LLC.
Others

These companies focus on product innovation, expanding their distribution channels, and mergers and acquisitions to stay ahead in the market.

The major players in the global smoothies market are constantly striving to stay ahead by introducing new products and innovations.

Naked Juice, a PepsiCo juice and smoothies brand, added orange vanilla crème and key lime flavours to its smoothie lineup in February 2022. The new plant-based smoothies, which are sweetened with monk fruit and blended with almond milk and coconut milk, are high in vitamin C.

Barfresh introduced Twist & Go, a ready-to-drink bottled smoothie, in April 2020. Following this debut, the corporation attempted to match its customers’ growing desire for superior flavour.

August 2022, Bolthouse purchased Evolution Fresh, a Starbucks subsidiary. The company hoped to diversify and expand its beverage offerings by acquiring Evolution Fresh’s plant-powered and nutrient-dense smoothies and juices. Furthermore, this acquisition would allow the company to add a full line of organic and cold-pressed premium juices to its portfolio.

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Summary of Key Findings

Increasing Fitness and Health Awareness, as well as an increase in the number of smoothie businesses and people’s changing lifestyles driving market growth
Market segmented by product, distribution channel, and region.
The smoothie bar category is the most popular distribution channel in the market.
Dairy-based Smoothies are expected to have the highest CAGR during the forecast period.
North America is leading market growth; the market is highly competitive with key players including Barfresh Food Group, Inc, Bolthouse Farms, Ella’s Kitchen Ltd and Jamba Juice Company.

Future Outlook

Preservation and packaging processes have advanced technologically.
The increasing popularity of smoothie bowls and other novel formats
Expanding the use of social media and influencer marketing to promote smoothies.
Smoothies are becoming more popular as a meal replacement option.
A greater emphasis on sustainability and environmental responsibility in the smoothie sector. 10. Rising demand for smoothies in emerging areas such as Asia-Pacific and Latin America.

Segmentation

By Product Outlook
- Fruit-based

- Dairy-based
- Others

By Distribution Channel Outlook

- Restaurants
- Smoothie Bars
- Supermarkets & Convenience Stores
By Region

North America
- Canada
- Mexico
- U.S
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – DataModelling
1.3.2.1. Company Share Analysis Model
1.3.2.2. Revenue Based Modelling
1.3.3. Phase III – Primary Research
1.3.4. Research Limitations
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Smoothies Market
2.2. Global Smoothies Market, By Product
2.3. Global Smoothies Market, By Distribution Channel
2.4. Global Smoothies Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Smoothies Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Product
3.5.2. Distribution Channel
3.5.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Products
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Product Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Restaurants Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Supermarkets & Convenience stores

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Smoothies Market, By Product
7.1. Global Smoothies Market Overview, by Product
7.1.1. Global Smoothies Market Revenue Share, By Product, 2022 Vs 2030 (in %)
7.2. Fruit-based
7.2.1. Global Smoothies Market, By Region, 2017-2030 (US$ Bn)
7.3. Dairy-based
7.3.1. Global Smoothies Market, By Region, 2017-2030 (US$ Bn)
7.4. Supermarkets & Convenience stores
7.4.1. Global Smoothies Market, By Region, 2017-2030 (US$ Bn)

8. Global Smoothies Market, By Distribution Channel
8.1. Global Smoothies Market Overview, by Distribution Channel
8.1.1. Global Smoothies Market, By Distribution Channel, 2022 vs 2030 (in%)
8.2. Restaurants
8.2.1. Global Smoothies Market, By Region, 2017-2030 (US$ Bn)
8.3. Smoothie Bars
8.3.1. Global Smoothies Market, By Region, 2017-2030 (US$ Bn)
8.4. Supermarkets & Convenience stores
8.4.1. Global Smoothies Market, By Region, 2017-2030 (US$ Bn)

9. Global Smoothies Market, By Region
9.1. Global Smoothies Market Overview, by Region
9.1.1. Global Smoothies Market, By Region, 2022 vs 2030 (in%)
9.2. Product
9.2.1. Global Smoothies Market, By Product, 2017-2030 (US$ Bn)
9.3. Distribution Channel
9.3.1. Global Smoothies Market, By Distribution Channel, 2017-2030 (US$ Bn)

10. North America Smoothies Market Analysis
10.1. North America Smoothies Market, by Product, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. North America Smoothies Market, by Distribution Channel, 2017-2030(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. North America Smoothies Market, by Country, 2017-2030(US$ Bn)
10.3.1. North America Smoothies Market, by Country, 2022 Vs 2030 (in%)
10.3.2. U.S.
10.3.2.1. U.S. SmoothiesMarket Estimates and Forecast, 2017-2030(US$ Bn)
10.3.2.2. U.S. Smoothies, By Product, 2017-2030(US$ Bn)
10.3.2.3. U.S. Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
10.3.3. Canada
10.3.3.1. Canada Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
10.3.3.2. Canada Smoothies, By Product, 2017-2030(US$ Bn)
10.3.3.3. Canada Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
10.3.4. Mexico
10.3.4.1. Mexico Smoothies Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.3.4.2. Mexico Smoothies, By Product, 2017-2030 (US$ Bn)
10.3.4.3. Mexico Smoothies, By Distribution Channel, 2017-2030 (US$ Bn)

11. Europe Smoothies Market Analysis
11.1. Europe Smoothies Market, by Product, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Europe Smoothes Market, by Distribution Channel, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Europe Smoothies Market, by Country, 2017-2030(US$ Bn)
11.3.1. Europe Smoothies Market, by Country, 2022 Vs 2030 (in%)
11.3.2. Germany
11.3.2.1. Germany Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
11.3.2.2. Germany Smoothies, By Product, 2017-2030(US$ Bn)
11.3.2.3. Germany Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
11.3.3. France
11.3.3.1. France Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
11.3.3.2. France Smoothies, By Product, 2017-2030(US$ Bn)
11.3.3.3. France Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
11.3.4. UK
11.3.4.1. UK Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
11.3.4.2. UK Smoothies, By Product, 2017-2030(US$ Bn)
11.3.4.3. UK Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
11.3.5. Italy
11.3.5.1. Italy Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
11.3.5.2. Italy Smoothies, By Product, 2017-2030(US$ Bn)
11.3.5.3. Italy Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
11.3.6. Spain
11.3.6.1. Spain Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
11.3.6.2. Spain Smoothies, By Product, 2017-2030(US$ Bn)
11.3.6.3. Spain Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
11.3.7. Rest of Europe
11.3.7.1. Rest of Europe Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
11.3.7.2. Rest of Europe Smoothies, By Product, 2017-2030(US$ Bn)
11.3.7.3. Rest of Europe Smoothies, By Distribution Channel, 2017-2030(US$ Bn)

12. Asia Pacific Smoothies Market Analysis
12.1. Asia Pacific Smoothies Market, by Product, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Asia Pacific Smoothies Market, by Distribution Channel, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Asia Pacific Smoothies Market, by Country, 2017-2030(US$ Bn)
12.3.1. Asia Pacific Smoothies Market, by Country, 2022 Vs 2030 (in%)
12.3.2. China
12.3.2.1. China Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
12.3.2.2. China Smoothies, By Product, 2017-2030(US$ Bn)
12.3.2.3. China Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
12.3.3. Japan
12.3.3.1. Japan Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
12.3.3.2. Japan Smoothies, By Product, 2017-2030(US$ Bn)
12.3.3.3. Japan Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
12.3.4. India
12.3.4.1. India Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
12.3.4.2. India Smoothies, By Product, 2017-2030(US$ Bn)
12.3.4.3. India Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
12.3.5. South Korea
12.3.5.1. South Korea Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
12.3.5.2. South Korea Smoothies, By Product, 2017-2030(US$ Bn)
12.3.5.3. South Korea Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
12.3.6. South-East Asia
12.3.6.1. South-East Asia Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
12.3.6.2. South-East Asia Smoothies, By Product, 2017-2030(US$ Bn)
12.3.6.3. South-East Asia Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
12.3.7. Rest of Asia Pacific
12.3.7.1. Rest of Asia Pacific Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
12.3.7.2. Rest of Asia Pacific Smoothies, By Product, 2017-2030(US$ Bn)
12.3.7.3. Rest of Asia Pacific Smoothies, By Distribution Channel, 2017-2030(US$ Bn)

13. Latin America Smoothies Market Analysis
13.1. Latin America Smoothies Market, by Product, 2017-2030(US$ Bn)
13.1.1. Overview
13.1.2. SRC Analysis
13.2. Latin America Smoothies Market, by Distribution Channel, 2017-2030(US$ Bn)
13.2.1. Overview
13.2.2. SRC Analysis
13.3. Latin America Smoothies Market, by Country, 2017-2030(US$ Bn)
13.3.1. Latin America Smoothies Market, by Country, 2022 Vs 2030 (in%)
13.3.2. Brazil
13.3.2.1. Brazil Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
13.3.2.2. Brazil Smoothies, By Product, 2017-2030(US$ Bn)
13.3.2.3. Brazil Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
13.3.3. Argentina
13.3.3.1. Argentina Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
13.3.3.2. ArgentinaSmoothies, By Product, 2017-2030(US$ Bn)
13.3.3.3. ArgentinaSmoothies, By Distribution Channel, 2017-2030(US$ Bn)
13.3.4. Rest of Latin America
13.3.4.1. Rest of Latin America Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
13.3.4.2. Rest of Latin America Smoothies, By Product, 2017-2030(US$ Bn)
13.3.4.3. Rest of Latin America Smoothies, By Distribution Channel, 2017-2030(US$ Bn)

14. Middle East and Africa Smoothies Market Analysis
14.1. Middle East and Africa Smoothies Market, by Product, 2017-2030(US$ Bn)
14.1.1. Overview
14.1.2. SRC Analysis
14.2. Middle East and Africa Smoothies Market, by Distribution Channel, 2017-2030(US$ Bn)
14.2.1. Overview
14.2.2. SRC Analysis
14.3. Middle East and Africa Smoothies Market, by Country, 2017-2030(US$ Bn)
14.3.1. Middle East and Africa Smoothies Market, by Country, 2022 Vs 2030 (in%)
14.3.2. GCC Countries
14.3.2.1. GCC Countries Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
14.3.2.2. GCC Countries Smoothies, By Product, 2017-2030(US$ Bn)
14.3.2.3. GCC Countries Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
14.3.3. South Africa
14.3.3.1. South Africa Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
14.3.3.2. South Africa Smoothies, By Product, 2017-2030(US$ Bn)
14.3.3.3. South Africa Smoothies, By Distribution Channel, 2017-2030(US$ Bn)
14.3.4. Rest of Middle East and Africa
14.3.4.1. Rest of Middle East and Africa Smoothies Market Estimates and Forecast, 2017-2030(US$ Bn)
14.3.4.2. Rest of Middle East and Africa Smoothies, By Product, 2017-2030(US$ Bn)
14.3.4.3. Rest of Middle East and Africa Smoothies, By Distribution Channel, 2017-2030(US$ Bn)

15. Company Profiles
15.1. Dorel Industries Inc.
15.1.1. Company Overview
15.1.2. Products/Services Portfolio
15.1.3. Geographical Presence
15.1.4. Financial Summary
15.1.4.1. Market Revenue and Net Profit (2019-2022)
15.1.4.2. Business Segment Revenue Analysis
15.1.4.3. Geographical Revenue Analysis
15.2. Goodbaby International Holdings
15.3. UPPAbaby
15.4. RENOLUX FRANCE INDUSTRY
15.5. RECARO Holding GmbH
15.6. Newell Brands
15.7. Mothercare plc
15.8. InfaSecure
15.9. Kiwi Baby
15.10. Artsana Group

List of Figures
FIG. 1 Global Smoothies Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Smoothies Market Segmentation
FIG. 4 Global Smoothies Market, by Product, 2022(US$ Bn)
FIG. 5 Global Smoothies Market, by Distribution Channel, 2022(US$ Bn)
FIG. 6 Global Smoothies Market, by Geography, 2022(US$ Bn)
FIG. 7 Attractive Investment Proposition, by Product, 2022
FIG. 8 Attractive Investment Proposition, by Distribution Channel, 2022
FIG. 9 Attractive Investment Proposition, by Geography, 2022
FIG. 10 Global Market Share Analysis of Key Smoothies Market Manufacturers, 2022
FIG. 11 Global Market Positioning of Key Smoothies Market Manufacturers, 2022
FIG. 12 Global Smoothies Market Value Contribution, By Product, 2022&2030 (Value %)
FIG. 13 Global SmoothiesMarket, by Fruit-based, Value, 2017-2030(US$ Bn)
FIG. 14 Global SmoothiesMarket, by Dairy-based, Value, 2017-2030(US$ Bn)
FIG. 15 Global SmoothiesMarket, by Others, Value, 2017-2030(US$ Bn)
FIG. 16 Global Smoothies Market Value Contribution, By Distribution Channel, 2022&2030 (Value %)
FIG. 17 Global SmoothiesMarket, by Restaurants , Value, 2017-2030(US$ Bn)
FIG. 18 Global SmoothiesMarket, by Smoothie Bars , 2017-2030(US$ Bn)
FIG. 19 Global Smoothies Market, by Supermarkets & Conenience stores, 2017-2030(US$ Bn)
FIG. 20 North America Smoothies Market, 2017-2030 (US$ Bn)
FIG. 21 U.S. Smoothies Market, 2017-2030(US$ Bn)
FIG. 22 Canada Smoothies Market, 2017-2030(US$ Bn)
FIG. 23 Europe Smoothies Market, 2017-2030 (US$ Bn)
FIG. 24 Germany Smoothies Market, 2017-2030(US$ Bn)
FIG. 25 France Smoothies Market, 2017-2030(US$ Bn)
FIG. 26 U.K. Smoothies Market, 2017-2030(US$ Bn)
FIG. 27 Italy Smoothies Market, 2017-2030(US$ Bn)
FIG. 28 Spain Smoothies Market, 2017-2030(US$ Bn)
FIG. 29 Rest of Europe Smoothies Market, 2017-2030(US$ Bn)
FIG. 30 Asia Pacific Smoothies Market, 2017-2030 (US$ Bn)
FIG. 31 China Smoothies Market, 2017-2030(US$ Bn)
FIG. 32 Japan Smoothies Market, 2017-2030(US$ Bn)
FIG. 33 India Smoothies Market, 2017-2030(US$ Bn)
FIG. 34 South Korea Smoothies Market, 2017-2030(US$ Bn)
FIG. 35 South-East Asia Smoothies Market, 2017-2030(US$ Bn)
FIG. 36 Rest of Asia Pacific Smoothies Market, 2017-2030(US$ Bn)
FIG. 37 Latin America Smoothies Market, 2017-2030(US$ Bn)
FIG. 38 Brazil Smoothies Market, 2017-2030(US$ Bn)
FIG. 39 Mexico Smoothies Market, 2017-2030(US$ Bn)
FIG. 40 Rest of Latin America Smoothies Market, 2017-2030(US$ Bn)
FIG. 41 Middle East & Africa Smoothies Market, 2017-2030(US$ Bn)
FIG. 42 GCC Countries Smoothies Market, 2017-2030(US$ Bn)
FIG. 43 South Africa Smoothies Market, 2017-2030(US$ Bn)
FIG. 44 Rest of Middle East and Africa Smoothies Market, 2017-2030(US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Smoothies Market
TABLE 2 Global Smoothies Market: Market Drivers Impact Analysis
TABLE 3 Global Smoothies Market: Market Restraints Impact Analysis
TABLE 4 Global Smoothies Market, by Competitive Benchmarking,2022
TABLE 5 Global Smoothies Market, by Geographical Presence Analysis, 2022
TABLE 6 Global Smoothies Market, by Key Strategies Analysis, 2022
TABLE 7 Global Smoothies Market, by Fruit-based, By Region, 2017-2022(US$ Bn)
TABLE 8 Global Smoothies Market, by Fruit-based, By Region, 2023-2030(US$ Bn)
TABLE 9 Global Smoothies Market, by Dairy-based, By Region, 2017-2022(US$ Bn)
TABLE 10 Global Smoothies Market, by Dairy-based, By Region, 2023-2030(US$ Bn)
TABLE 11 Global Smoothies Market, by Others, By Region, 2017-2022(US$ Bn)
TABLE 12 Global Smoothies Market, by Others, By Region, 2023-2030(US$ Bn)
TABLE 13 Global Smoothies Market, by Convertible, By Region, 2017-2022(US$ Bn)
TABLE 14 Global Smoothies Market, by Convertible, By Region, 2023-2030(US$ Bn)
TABLE 15 Global Smoothies Market, by Restaurants , By Region, 2017-2022(US$ Bn)
TABLE 16 Global Smoothies Market, by Restaurants , By Region, 2023-2030(US$ Bn)
TABLE 17 Global Smoothies Market, by Smoothie Bars , By Region, 2017-2022(US$ Bn)
TABLE 18 Global Smoothies Market, by Smoothie Bars , By Region, 2023-2030(US$ Bn)
TABLE 19 Global Smoothies Market, by Supermarkets & Convenience stores, By Region, 2017-2022(US$ Bn)
TABLE 20 Global Smoothies Market, by Supermarkets & Convenience stores, By Region, 2023-2030(US$ Bn)
TABLE 21 Global Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 22 Global Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 23 Global Smoothies Market, by Region, 2017-2022(US$ Bn)
TABLE 24 Global Smoothies Market, by Region, 2023-2030(US$ Bn)
TABLE 25 North America Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 26 North America Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 27 North America Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 28 North America Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 29 North America Smoothies Market, by Country, 2017-2022(US$ Bn)
TABLE 30 North America Smoothies Market, by Country, 2023-2030(US$ Bn)
TABLE 31 United States Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 32 United States Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 33 United States Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 34 United States Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 35 Canada Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 36 Canada Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 37 Canada Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 38 Canada Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 39 Mexico Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 40 Mexico Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 41 Mexico Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 42 Mexico Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 43 Europe Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 44 Europe Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 45 Europe Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 46 Europe Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 47 Europe Smoothies Market, by Country, 2017-2022(US$ Bn)
TABLE 48 Europe Smoothies Market, by Country, 2023-2030(US$ Bn)
TABLE 49 Germany Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 50 Germany Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 51 Germany Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 52 Germany Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 53 France Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 54 France Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 55 France Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 56 France Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 57 United Kingdom Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 58 United Kingdom Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 59 United Kingdom Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 60 United Kingdom Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 61 Italy Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 62 Italy Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 63 Italy Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 64 Italy Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 65 Spain Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 66 Spain Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 67 Spain Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 68 Spain Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 69 Rest of Europe Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 70 Rest of Europe Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 71 Rest of Europe Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 72 Rest of Europe Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 73 Asia Pacific Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 74 Asia Pacific Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 75 Asia Pacific Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 76 Asia Pacific Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 77 China Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 78 China Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 79 China Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 80 China Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 81 Japan Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 82 Japan Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 83 Japan Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 84 Japan Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 85 India Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 86 India Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 87 India Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 88 India Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 89 South Korea Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 90 South Korea Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 91 South Korea Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 92 South Korea Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 93 South-East Asia Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 94 South-East Asia Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 95 South-East Asia Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 96 South-East Asia Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 97 Rest of Asia Pacific Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 98 Rest of Asia Pacific Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 99 Rest of Asia Pacific Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 100 Rest of Asia Pacific Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 101 Latin America Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 102 Latin America Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 103 Latin America Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 104 Latin America Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 105 Brazil Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 106 Brazil Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 107 Brazil Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 108 Brazil Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 109 Argentina Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 110 Argentina Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 111 Argentina Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 112 Argentina Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 113 Rest of Latin America Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 114 Rest of Latin America Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 115 Rest of Latin America Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 116 Rest of Latin America Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 117 Middle East and Africa Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 118 Middle East and Africa Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 119 Middle East and Africa Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 120 Middle East and Africa Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 121 GCC Countries Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 122 GCC Countries Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 123 GCC Countries Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 124 GCC Countries Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 125 South Africa Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 126 South Africa Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 127 South Africa Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 128 South Africa Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)
TABLE 129 Rest of Middle East and Africa Smoothies Market, by Product, 2017-2022(US$ Bn)
TABLE 130 Rest of Middle East and Africa Smoothies Market, by Product, 2023-2030(US$ Bn)
TABLE 131 Rest of Middle East and Africa Smoothies Market, by Distribution Channel, 2017-2022(US$ Bn)
TABLE 132 Rest of Middle East and Africa Smoothies Market, by Distribution Channel, 2023-2030(US$ Bn)

Frequently Asked Questions

What is the current size of the global smoothies market?

The global smoothies market was valued at USD 6.8 Billion in 2022.

What is the expected growth rate of the smoothies market between 2023 and 2030?

The smoothies market is estimated to increase at a CAGR of 9.50% between 2023 and 2030, reaching USD 12.8 billion in 2030.

Which segment is leading the market share in terms of distribution Channel?

In 2022, restaurants had the biggest market share of 67%.

Which distribution Channel segment governs the demand for smoothiess in the world?

The smoothie bar category is the most popular distribution channel in the market.

Which segment is expected to post the highest CAGR during the forecast period?

Dairy-based Smoothies are expected to have the highest CAGR during the forecast period.

Which region is fueling the growth of the smoothies industry?

North America contributed the most to the worldwide smoothie market, accounting for more than 35% of the market in 2022.

Who are the major players in the global smoothies market?

The top players include Barfresh Food Group, Inc, Bolthouse Farms, Ella’s Kitchen Ltd and Jamba Juice Company. Other major players include Maui Wowi Smoothie King, Suja Juice, Innocent Drinks and Tropical Smoothie Café.

What are the major market drivers of the smoothies industry?

Increasing Fitness and Health Awareness, as well as an increase in the number of smoothie businesses and people’s changing lifestyles are the major market drivers.

What are the major market restraints of the smoothies industry?

Increased competition from other beverages, as well as fresh ingredients with a short shelf life is the major market restraints.

What are the major market opportunities of the smoothies industry?

There is a growing interest in plant-based and vegan beverages, as well as functional beverages are the major opportunities in the smoothies industry.

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