Product Code: MCP-6332
Global Smoothies Market to Reach $34.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Smoothies estimated at US$20.3 Billion in the year 2020, is projected to reach a revised size of US$34.2 Billion by 2027, growing at a CAGR of 7.7% over the analysis period 2020-2027. Fruit-based, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$15.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Dairy-based segment is readjusted to a revised 7.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.5 Billion, While China is Forecast to Grow at 11.8% CAGR
The Smoothies market in the U.S. is estimated at US$5.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2027 trailing a CAGR of 11.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.
Other Product Types Segment to Record 6.9% CAGR
In the global Other Product Types segment, USA, Canada, Japan, China and Europe will drive the 6.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3 Billion in the year 2020 will reach a projected size of US$4.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.7 Billion by the year 2027, while Latin America will expand at a 8.2% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 224-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Barfresh Food Group Inc.
- Bolthouse Farms Inc.
- Boost Juice
- Crussh Fit Food & Juice Bar
- Ella`s Kitchen (Brands) Ltd
- Innocent Ltd.
- Jamba Juice Company
- Maui Wowi Hawaiian Coffees & Smoothies
- Naked Juice Company
- Orange Julius of America
- Planet Smoothie®
- Red Mango Inc.
- Smoothie King Franchises Inc.
- Stonyfield Farm Inc.
- Suja Life LLC
- Surf City Squeeze®
- Tropical Smoothie Cafe
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Smoothies - Promising Health Benefits to Drive Market Growth
- Smoothie Market - Key Trends & Drivers in a Nutshell
- Recent Market Activity
- Developed Regions Dominate, Developing Economies to Lead Future Growth
- Functional Smoothies Market - Positioned for Growth
- Fruit-Based Smoothies Dominate the Market
- Innovative, Healthy, and Fortified Smoothies Flood the Market
- Organic and Non-GMO Smoothies to Witness Significant Growth
- High-Sugar Content, High Prices & Changing Consumer Tastes - Challenges Confronting Smoothies Market
- Competitive Scenario
- Product Differentiation - Critical Strategy for Success
- Global Competitor Market Shares
- Smoothies Competitor Market Share Scenario Worldwide (in %): 2018 &
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- Barfresh Food Group, Inc. (USA)
- Bolthouse Farms, Inc. (USA)
- Boost Juice (Australia)
- Crussh Fit Food & Juice Bar (UK)
- Ella's Kitchen (Brands) Ltd (UK)
- Innocent Ltd. (UK)
- Jamba Juice Company (USA)
- Maui Wowi Hawaiian Coffees & Smoothies (USA)
- Naked Juice Company (USA)
- Orange Julius of America (USA)
- Planet Smoothie® (USA)
- Red Mango, Inc. (USA)
- Robeks Fresh Juices & Smoothies (USA)
- Smoothie King Franchises, Inc. (USA)
- Surf City Squeeze® (USA)
- Stonyfield Farm, Inc. (USA)
- Suja Life, LLC (USA)
- Tropical Smoothie Cafe (USA)
- 3. MARKET TRENDS & DRIVERS
- Smoothie Market Turns Attention to Address the Unique Needs of Millennials
- Customization Tops the List
- Healthy Smoothies Market - Additional Health Benefits Drive Demand
- Inherent Health Benefits of Smoothies to Drive Market Growth
- Smoothie Blends with Premium Ingredients - How Healthy Are They?
- Higher Fiber Content in Smoothies Makes the Category More Promising than Juices
- Juices Vs Smoothies - An Unending Debate
- Hectic Lifestyles Trigger On-the-Go Smoothie Consumption
- Smoothies Emerge as Ideal Meal Replacements
- Smoothie Bowls - The Next Big Trend in Healthy Foods Space
- Consumers Show Inclination for Superfood Smoothies
- Supercharged Green Juice & Smoothie Diet - The Latest Fad
- Frozen Smoothies Market: Enhancing Shelf Life of Smoothies
- Yogurt Smoothie Market - A Promising Market
- Green Smoothies - Are Health Benefits Just Hype?
- How Real is the Health Risk Associated with Smoothies?
- Rapid Growth of Juice & Smoothie Bar Franchises
- Smoothies Increasingly Making their Way into Restaurant Menus
- Traditional Foodservice Operators & Juice Bars Looking to Transform into Smoothie Outlets
- Smoothie Blending - An Attractive Proposition for C-Stores
- Megatrends with Significant Implications for Smoothies Market
- Expanding Middle Class Population and Rising Disposable Incomes Offer Increased Growth Prospects
- Expanding Urban Population Spurs Growth
- Packaging Innovations Facilitate Vendors to Expand Customer Base
- New, Innovative Sans Bottle for Preserving Juices and Smoothies
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Smoothies Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020
- TABLE 2: Smoothies Global Retrospective Market Scenario in US$ Million by Region/Country: 2012
- TABLE 3: Smoothies Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS
- TABLE 4: Fruit-based (Product Type) World Market by Region/Country in US$ Million: 2020 to
- TABLE 5: Fruit-based (Product Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to
- TABLE 6: Fruit-based (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS
- TABLE 7: Dairy-based (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to
- TABLE 8: Dairy-based (Product Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to
- TABLE 9: Dairy-based (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS
- TABLE 10: Other Product Types (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to
- TABLE 11: Other Product Types (Product Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to
- TABLE 12: Other Product Types (Product Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Smoothies Market Share (in %) by Company: 2018 &
- Market Analytics
- TABLE 13: United States Smoothies Market Estimates and Projections in US$ Million by Product Type: 2020 to
- TABLE 14: Smoothies Market in the United States by Product Type: A Historic Review in US$ Million for 2012
- TABLE 15: United States Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- CANADA
- TABLE 16: Canadian Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020 to
- TABLE 17: Canadian Smoothies Historic Market Review by Product Type in US$ Million: 2012
- TABLE 18: Smoothies Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and
- JAPAN
- TABLE 19: Japanese Market for Smoothies: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020
- TABLE 20: Smoothies Market in Japan: Historic Sales Analysis in US$ Million by Product Type for the Period 2012
- TABLE 21: Japanese Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- CHINA
- TABLE 22: Chinese Smoothies Market Growth Prospects in US$ Million by Product Type for the Period 2020
- TABLE 23: Smoothies Historic Market Analysis in China in US$ Million by Product Type: 2012
- TABLE 24: Chinese Smoothies Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and
- EUROPE
- Market Facts & Figures
- European Smoothies Market: Competitor Market Share Scenario (in %) for 2018 &
- Market Analytics
- TABLE 25: European Smoothies Market Demand Scenario in US$ Million by Region/Country: 2020
- TABLE 26: Smoothies Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012
- TABLE 27: European Smoothies Market Share Shift by Region/Country: 2012 VS 2020 VS
- TABLE 28: European Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020
- TABLE 29: Smoothies Market in Europe in US$ Million by Product Type: A Historic Review for the Period 2012
- TABLE 30: European Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- FRANCE
- TABLE 31: Smoothies Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020
- TABLE 32: French Smoothies Historic Market Scenario in US$ Million by Product Type: 2012
- TABLE 33: French Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- GERMANY
- TABLE 34: Smoothies Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020
- TABLE 35: German Smoothies Historic Market Analysis in US$ Million by Product Type: 2012
- TABLE 36: German Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- ITALY
- TABLE 37: Italian Smoothies Market Growth Prospects in US$ Million by Product Type for the Period 2020
- TABLE 38: Smoothies Historic Market Analysis in Italy in US$ Million by Product Type: 2012
- TABLE 39: Italian Smoothies Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and
- UNITED KINGDOM
- TABLE 40: United Kingdom Market for Smoothies: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020
- TABLE 41: Smoothies Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Type for the Period 2012
- TABLE 42: United Kingdom Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- SPAIN
- TABLE 43: Spanish Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020 to
- TABLE 44: Spanish Smoothies Historic Market Review by Product Type in US$ Million: 2012
- TABLE 45: Smoothies Market in Spain: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and
- RUSSIA
- TABLE 46: Russian Smoothies Market Estimates and Projections in US$ Million by Product Type: 2020 to
- TABLE 47: Smoothies Market in Russia by Product Type: A Historic Review in US$ Million for 2012
- TABLE 48: Russian Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- REST OF EUROPE
- TABLE 49: Rest of Europe Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020
- TABLE 50: Smoothies Market in Rest of Europe in US$ Million by Product Type: A Historic Review for the Period 2012
- TABLE 51: Rest of Europe Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- ASIA-PACIFIC
- TABLE 52: Asia-Pacific Smoothies Market Estimates and Forecasts in US$ Million by Region/Country: 2020
- TABLE 53: Smoothies Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012
- TABLE 54: Asia-Pacific Smoothies Market Share Analysis by Region/Country: 2012 VS 2020 VS
- TABLE 55: Smoothies Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020
- TABLE 56: Asia-Pacific Smoothies Historic Market Scenario in US$ Million by Product Type: 2012
- TABLE 57: Asia-Pacific Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- AUSTRALIA
- TABLE 58: Smoothies Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020
- TABLE 59: Australian Smoothies Historic Market Analysis in US$ Million by Product Type: 2012
- TABLE 60: Australian Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- INDIA
- TABLE 61: Indian Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020 to
- TABLE 62: Indian Smoothies Historic Market Review by Product Type in US$ Million: 2012
- TABLE 63: Smoothies Market in India: Percentage Share Breakdown of Sales by Product Type for 2012, 2020, and
- SOUTH KOREA
- TABLE 64: Smoothies Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020
- TABLE 65: South Korean Smoothies Historic Market Analysis in US$ Million by Product Type: 2012
- TABLE 66: Smoothies Market Share Distribution in South Korea by Product Type: 2012 VS 2020 VS
- REST OF ASIA-PACIFIC
- TABLE 67: Rest of Asia-Pacific Market for Smoothies: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020
- TABLE 68: Smoothies Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Type for the Period 2012
- TABLE 69: Rest of Asia-Pacific Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- LATIN AMERICA
- TABLE 70: Latin American Smoothies Market Trends by Region/Country in US$ Million: 2020
- TABLE 71: Smoothies Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012
- TABLE 72: Latin American Smoothies Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and
- TABLE 73: Latin American Smoothies Market Growth Prospects in US$ Million by Product Type for the Period 2020
- TABLE 74: Smoothies Historic Market Analysis in Latin America in US$ Million by Product Type: 2012
- TABLE 75: Latin American Smoothies Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and
- ARGENTINA
- TABLE 76: Argentinean Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020
- TABLE 77: Smoothies Market in Argentina in US$ Million by Product Type: A Historic Review for the Period 2012
- TABLE 78: Argentinean Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- BRAZIL
- TABLE 79: Smoothies Market in Brazil by Product Type: Estimates and Projections in US$ Million for the Period 2020
- TABLE 80: Brazilian Smoothies Historic Market Scenario in US$ Million by Product Type: 2012
- TABLE 81: Brazilian Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- MEXICO
- TABLE 82: Smoothies Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020
- TABLE 83: Mexican Smoothies Historic Market Analysis in US$ Million by Product Type: 2012
- TABLE 84: Mexican Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- REST OF LATIN AMERICA
- TABLE 85: Rest of Latin America Smoothies Market Estimates and Projections in US$ Million by Product Type: 2020 to
- TABLE 86: Smoothies Market in Rest of Latin America by Product Type: A Historic Review in US$ Million for 2012
- TABLE 87: Rest of Latin America Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- MIDDLE EAST
- TABLE 88: The Middle East Smoothies Market Estimates and Forecasts in US$ Million by Region/Country: 2020
- TABLE 89: Smoothies Market in the Middle East by Region/Country in US$ Million: 2012
- TABLE 90: The Middle East Smoothies Market Share Breakdown by Region/Country: 2012, 2020, and
- TABLE 91: The Middle East Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020 to
- TABLE 92: The Middle East Smoothies Historic Market by Product Type in US$ Million: 2012
- TABLE 93: Smoothies Market in the Middle East: Percentage Share Breakdown of Sales by Product Type for 2012,2020, and
- IRAN
- TABLE 94: Iranian Market for Smoothies: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020
- TABLE 95: Smoothies Market in Iran: Historic Sales Analysis in US$ Million by Product Type for the Period 2012
- TABLE 96: Iranian Smoothies Market Share Analysis by Product Type: 2012 VS 2020 VS
- ISRAEL
- TABLE 97: Israeli Smoothies Market Estimates and Forecasts in US$ Million by Product Type: 2020
- TABLE 98: Smoothies Market in Israel in US$ Million by Product Type: A Historic Review for the Period 2012
- TABLE 99: Israeli Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- SAUDI ARABIA
- TABLE 100: Saudi Arabian Smoothies Market Growth Prospects in US$ Million by Product Type for the Period 2020
- TABLE 101: Smoothies Historic Market Analysis in Saudi Arabia in US$ Million by Product Type: 2012
- TABLE 102: Saudi Arabian Smoothies Market by Product Type: Percentage Breakdown of Sales for 2012, 2020, and
- UNITED ARAB EMIRATES
- TABLE 103: Smoothies Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020
- TABLE 104: United Arab Emirates Smoothies Historic Market Analysis in US$ Million by Product Type: 2012
- TABLE 105: Smoothies Market Share Distribution in United Arab Emirates by Product Type: 2012 VS 2020 VS
- REST OF MIDDLE EAST
- TABLE 106: Smoothies Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020
- TABLE 107: Rest of Middle East Smoothies Historic Market Analysis in US$ Million by Product Type: 2012
- TABLE 108: Rest of Middle East Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
- AFRICA
- TABLE 109: African Smoothies Market Estimates and Projections in US$ Million by Product Type: 2020 to
- TABLE 110: Smoothies Market in Africa by Product Type: A Historic Review in US$ Million for 2012
- TABLE 111: African Smoothies Market Share Breakdown by Product Type: 2012 VS 2020 VS
IV. COMPETITION
- Total Companies Profiled: 83
比較リスト
