Smoothies Market Share, Growth, Trends, And Forecasts (2017–2022)
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Smoothie is a thick nonalcoholic beverage made from raw vegetables or fruits along with some other ingredients. Other ingredients used in smoothie include water, ice, sweeteners, chocolate, nuts, dairy products such as milk and yogurt and other nutritional supplements.
The Global Smoothies Market was worth USD 10.5 billion in 2016 and is projected to grow at a CAGR of 7%, to reach USD 14.7 billion by 2021.
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Smoothies which include a large serving of fruits and vegetables are recommended for a healthy diet. However, use of too many sweeteners, protein powders and ice creams is not healthy. Smoothies consist of high dietary fiber content making them healthier than fruit juices. Green smoothies made from healthy vegetables are gaining prominence especially in health conscious people. Smoothies with increased carbohydrate content by using sugar additives can itself replace a meal.
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Increasing number of health conscious people, changing life styles and food habits and health benefits associated with smoothies are some of the major factors driving the smoothies market. Increasing popularity for meal replacement food and beverages, growing prominence for juice and smoothie bars and increasing demand for non-carbonated soft drinks are also expected to propel the smoothies market. High prices of smoothies and packaging problems as they are made from raw ingredients are the major factors restraining the growth of smoothies market.
The Smoothies market is segmented by product, distribution channel and region. Based on the product, the market is segmented into fruit-based smoothies and dairy-based Smoothies. Fruit based smoothies hold the largest market share and is also expected to be the fastest growing segment. This is attributed to the growing demand for healthy beverages. Fruit-based smoothies are further segmented into organic and inorganic smoothies. Inorganic smoothies are expected to be the largest segment as most of the fruits and vegetables produced from farms are inorganic. Organic smoothies are expected to be the fastest growing segment as the demand for organic fruits and vegetables is increasing. On the basis of distribution channel, the market is segmented into Restaurants, Smoothie bars, Supermarkets and Convenience Stores. Smoothie bars and convenience stores are the major revenue generators for smoothie market.
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On the basis of region, the global Smoothies market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America dominates the smoothie market due to the high demand for healthy nonalcoholic beverages in this region. Asia Pacific is expected to be the fastest growing market with a CAGR over 9% due to increasing number of people with disposable incomes and changing food habits.
Smoothies Market Segmentation:
Product
• Introduction
• Fruit-based Smoothies
i. Organic Smoothies
ii. Inorganic Smoothies
• Dairy-based Smoothies
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
Distribution Channel
• Introduction
• Restaurants
• Smoothie bars
• Supermarkets
• Convenience Stores
• Y-o-Y Growth Analysis, By Distribution Channel
• Market Attractiveness Analysis, By Distribution Channel
• Market Share Analysis, By Distribution Channel
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
The Global Smoothies Market was worth USD 10.5 billion in 2016 and is projected to grow at a CAGR of 7%, to reach USD 14.7 billion by 2021.
Browse Full Report with TOC @ https://marketdataforecast.com/market-reports/smoothies-market-5708/
Smoothies which include a large serving of fruits and vegetables are recommended for a healthy diet. However, use of too many sweeteners, protein powders and ice creams is not healthy. Smoothies consist of high dietary fiber content making them healthier than fruit juices. Green smoothies made from healthy vegetables are gaining prominence especially in health conscious people. Smoothies with increased carbohydrate content by using sugar additives can itself replace a meal.
Get Free Sample Copy of Report @ https://marketdataforecast.com/market-reports/smoothies-market-5708/request-sample
Increasing number of health conscious people, changing life styles and food habits and health benefits associated with smoothies are some of the major factors driving the smoothies market. Increasing popularity for meal replacement food and beverages, growing prominence for juice and smoothie bars and increasing demand for non-carbonated soft drinks are also expected to propel the smoothies market. High prices of smoothies and packaging problems as they are made from raw ingredients are the major factors restraining the growth of smoothies market.
The Smoothies market is segmented by product, distribution channel and region. Based on the product, the market is segmented into fruit-based smoothies and dairy-based Smoothies. Fruit based smoothies hold the largest market share and is also expected to be the fastest growing segment. This is attributed to the growing demand for healthy beverages. Fruit-based smoothies are further segmented into organic and inorganic smoothies. Inorganic smoothies are expected to be the largest segment as most of the fruits and vegetables produced from farms are inorganic. Organic smoothies are expected to be the fastest growing segment as the demand for organic fruits and vegetables is increasing. On the basis of distribution channel, the market is segmented into Restaurants, Smoothie bars, Supermarkets and Convenience Stores. Smoothie bars and convenience stores are the major revenue generators for smoothie market.
Browse Customize before buying @ https://marketdataforecast.com/market-reports/smoothies-market-5708/customize-report
On the basis of region, the global Smoothies market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America dominates the smoothie market due to the high demand for healthy nonalcoholic beverages in this region. Asia Pacific is expected to be the fastest growing market with a CAGR over 9% due to increasing number of people with disposable incomes and changing food habits.
Smoothies Market Segmentation:
Product
• Introduction
• Fruit-based Smoothies
i. Organic Smoothies
ii. Inorganic Smoothies
• Dairy-based Smoothies
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
Distribution Channel
• Introduction
• Restaurants
• Smoothie bars
• Supermarkets
• Convenience Stores
• Y-o-Y Growth Analysis, By Distribution Channel
• Market Attractiveness Analysis, By Distribution Channel
• Market Share Analysis, By Distribution Channel
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626