Smoothies Market Size, Share and Forecast 2019-2026

SKU: DFB120 | Last Updated On: Nov 27 2019 | No. of Pages: 183 | Available Formats

In June 2019, Butterfly Equity, a private equity firm focused on the food sector, completed the acquisition of Bolthouse Farms from Campbell Soup Co. for $510 million in cash.

Market Overview

The global Smoothies market expected to reach $XX billion by 2026, at a CAGR of 11% during the forecast period. The rising health consciousness among consumers and increasing demand for convenience and value are driving the demand for smoothies and smoothie bowls and therefore, is expected to fuel the growth in global Smoothies market.  

 

Smoothies are thick-shake beverages that include ingredients, like yogurt, milk, almond milk, coconut milk, and sherbet. The smoothie market is flourishing in developed and emerging regions. Smoothies consist of dietary fiber. Thus, they are healthier than fruit juices.

Smoothies Market Overview

The report covers all the major trends and drivers playing a key role in the growth of the Smoothies market.

Global Smoothies Market Value (USD Mn), 2018-2026

Market Dynamics

The global Smoothies market growth is driven mainly due to rising health consciousness amongst people. According to the World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older were overweight. Of these, over 650 million adults were obese. Overall, about 13% of the world’s adult population (11% of men and 15% of women) was obese in 2016. Smoothies can help consumers lose excess body weight without skipping any meals. The fruits and berries that are used to prepare these drinks serve as excellent companions for keeping consumers healthy. The enzymes present in several fruits help dissolve body fat and clear up your circulatory system.


Currently, the consumption habits of majority of the population include skipping meals and using other snack foods as substitutes. The intake of carbohydrate, primarily when smoothies are made without sugar, is low. Thus, most of the gym trainers and dietician recommend smoothies to people who are planning to lose weight. Therefore, smoothies emerged as perfect meal replacement products. Furthermore, they are healthier than other snack products, as well as offer good taste, convenience, and portability.

 

Smoothies are becoming popular as they provide various health benefits such as preventing dehydration, aid in digestion, enhance immunity, detoxify body, rich in calcium and fiber, and balance hormonal functioning.
Therefore, it is expected that global smoothies market will witness double digit during the forecast period.

 

Market Segmentation

By type, the global Smoothies Market is segmented into dairy-based smoothies and fruit-based smoothies. In 2018, Fruit-based smoothies accounted for majority share in the global market. However, dairy-based smoothies are expected to witness higher CAGR over the forecast period. Green smoothies made from fresh fruits and leafy greens such as spinach, kale, chard, collards are growing in prominence among the health-conscious consumers. Few of the health benefits of smoothies driving its consumption include preservation of dietary fiber present in fruits and vegetables; aids in easy digestion; hydration benefits as fruits and vegetables are rich in water; improved digestion and immunity booster, among others.

Global Smoothies Market, By Type, 2018

By consumption, the global smoothies market is segmented into the Out-of-home and At-home. In 2018, Out-of-home segment dominated the global smoothies market. Presence of large retail chains, supermarkets, hypermarkets, domestic stores and online retail stores are propelling market over the forecast period. 

 

In 2017, there are more than 185,000 franchised quick service restaurants (QSRs) operating in the US. And, it is expected that QSRs industry will grow at significant rate in next five years. Rising popularity of smoothies and growing     QSRs industry will further fuel growth in the global smoothies market.

 

Geographical Share

By geography, the global Smoothies Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).

 

North America represents the largest market worldwide supported by the growing value of healthy foods among the consumers’ infamously unhealthy diet dominated by processed and calorie rich foods. Growing sophistication of food habits, rising levels of obesity and the ensuing consumer preference for juicing as an effective weight loss management strategy will further fuel growth in smoothies market.
Global Smoothies Market, by Region, 2018 (% share)

Increasing income levels and changing lifestyle of people are expected to drive the market growth. Factors such as improving the lifestyle of consumers, especially in developing countries such as Brazil, China, and India, coupled with increasing disposable income, have fueled the growth in the global market. Nowadays, the adoption of Smoothies has increased, owing to the convenience and health benefits they provide. This trend is expected to continue during the forecast period, thereby positively fueling the Smoothies Market growth. Asia-Pacific region is expected to witness the highest CAGR and incremental growth in the global market due to the high demand for these appliances in China, Japan, South Korea, and India.

 

Competitive Analysis

Global Smoothies Market is fragmented with the presence of global and regional players in the market. Creating consumer awareness by aggressive marketing strategies and greater visibility of products across retail space are other steps taken by market participants to generate demand. 

 

Major players in the market are Bolthouse Farms, Jamba Juice Company, MTY Food Group, Smoothie King, and Tropical Smoothie Cafes. Other key players in the market are Daily Harvest, Dr. Smoothie Brands, HAPPY PLANET, J Sainsbury, and The Smoothie Company. 

 

Intense rivalry among top players in the market has started fierce competition at various levels for setting a low price, driving aggressive marketing strategies, and new product launches as per consumers’ taste and preference.

 

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Related Reports:

Soy Beverages Market

Alcoholic Beverages Market

 

 

Table of Contents

Global Smoothies Market Methodology and Scope

    1. Research Methodology

    2. Research Objective and Scope of the Report

  1. Global Smoothies Market – Market Definition and Overview

  2. Global Smoothies Market – Executive Summary

  1. Market Snippet by Type

  2. Market Snippet by Consumption

  3. Market Snippet by Region

  4. Global Smoothies Market Dynamics

    1. Market Impacting Factors

      1. Drivers

        1. Increasing Consumption of Healthy Beverages

      2. Restraints

        1. Availability of substitutes

  5. Global Smoothies Market – Industry Analysis

    1. Porter's Five Forces Analysis

  6. Global Smoothies Market – By Type

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      2. Market Attractiveness Index, By Type

    2. Fruit-Based Smoothies*

      1. Introduction

      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)

    3. Dairy-Based Smoothies

  7. Global Smoothies Market – By Consumption

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Consumption

      2. Market Attractiveness Index, By Consumption

    2. Out-of-Home*

      1. Introduction

      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)

    3. At-Home

  8. Global Smoothies Market – By Region

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region

      2. Market Attractiveness Index, By Region

    2. North America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Consumption

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. The U.S.

        2. Canada

        3. Mexico

    3. Europe

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Consumption

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. Germany

        2. The U.K.

        3. France

        4. Rest of Europe

    4. South America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Consumption

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. Brazil

        2. Argentina

        3. Rest of South America

    5. Asia Pacific

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Consumption

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. China

        2. Japan

        3. South Korea

        4. Rest of Asia Pacific

    6. The Middle East and Africa

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Consumption

  9. Global Smoothies Market – Competitive Landscape

    1. Competitive Scenario

    2. Market Positioning/Share Analysis

    3. Mergers and Acquisitions Analysis

  10. Company Profiles

    1. Bolthouse Farms*

      1. Company Overview

      2. Product Portfolio and Description

      3. Key Highlights

      4. Financial Overview

    2. Jamba Juice Company

    3. MTY Food Group

    4. Smoothie King

    5. Tropical Smoothie Cafes

    6. Daily Harvest

    7. Dr. Smoothie Brands

    8. HAPPY PLANET

    9. J Sainsbury

    10. The Smoothie Company

  11. Global Smoothies Market – Premium Insights

  12. Global Smoothies Market – DataM

    1. Appendix

    2. About Us and Services

    3. Contact Us

List of Tables & Figures

LIST OF TABLES
Table 01    Global Smoothies Market Value, By Type, 2018,2022 & 2026 ($ Million)
Table 02    Global Smoothies Market Value, By Consumption, 2018,2022 & 2026 ($ Million)
Table 03    Global Smoothies Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 04    Global Smoothies Market Value, By Type, 2018,2022 & 2026 ($ Million)
Table 05    Global Smoothies Market Value, By Type, 2017-2026 ($ Million)
Table 06    Global Smoothies Market Value, By Consumption, 2018,2022 & 2026 ($ Million)
Table 07    Global Smoothies Market Value, By Consumption, 2017-2026 ($ Million)
Table 08    Global Smoothies Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 09    Global Smoothies Market Value, By Region, 2017-2026 ($ Million)
Table 10    North America Smoothies Market Value, By Type, 2017-2026 ($ Million)
Table 11    North America Smoothies Market Value, By Consumption, 2017-2026 ($ Million)
Table 12    North America Smoothies Market Value, By Country, 2017-2026 ($ Million)
Table 13    South America Smoothies Market Value, By Type, 2017-2026 ($ Million)
Table 14    South America Smoothies Market Value, By Consumption, 2017-2026 ($ Million)
Table 15    South America Smoothies Market Value, By Country, 2017-2026 ($ Million)
Table 16    Europe Smoothies Market Value, By Type, 2017-2026 ($ Million)
Table 17    Europe Smoothies Market Value, By Consumption, 2017-2026 ($ Million)
Table 18    Europe Smoothies Market Value, By Country, 2017-2026 ($ Million)
Table 19    Asia-Pacific Smoothies Market Value, By Type, 2017-2026 ($ Million)
Table 20    Asia-Pacific Smoothies Market Value, By Consumption, 2017-2026 ($ Million)
Table 21    Asia-Pacific Smoothies Market Value, By Country, 2017-2026 ($ Million)
Table 22    Middle East & Africa Smoothies Market Value, By Type, 2017-2026 ($ Million)
Table 23    Middle East & Africa Smoothies Market Value, By Consumption, 2017-2026 ($ Million)
Table 24    Bolthouse Farms: Overview
Table 25    Bolthouse Farms: Product Portfolio
Table 26    Bolthouse Farms: Key Developments
Table 27    Jamba Juice Company: Overview
Table 28    Jamba Juice Company: Product Portfolio
Table 29    Jamba Juice Company: Key Developments
Table 30    MTY Food Group: Overview
Table 31    MTY Food Group: Product Portfolio
Table 32    MTY Food Group: Key Developments
Table 33    Smoothie King: Overview
Table 34    Smoothie King: Product Portfolio
Table 35    Smoothie King: Key Developments
Table 36    Tropical Smoothie Cafes : Overview
Table 37    Tropical Smoothie Cafes : Product Portfolio
Table 38    Tropical Smoothie Cafes : Key Developments
Table 39    Daily Harvest: Overview
Table 40    Daily Harvest: Product Portfolio
Table 41    Daily Harvest: Key Developments
Table 42    Dr. Smoothie Brands: Overview
Table 43    Dr. Smoothie Brands: Product Portfolio
Table 44    Dr. Smoothie Brands: Key Developments
Table 45    HAPPY PLANET: Overview
Table 46    HAPPY PLANET: Product Portfolio
Table 47    HAPPY PLANET: Key Developments
Table 48    J Sainsbury: Overview
Table 49    J Sainsbury: Product Portfolio
Table 50    J Sainsbury: Key Developments
Table 51    The Smoothie Company: Overview
Table 52    The Smoothie Company: Product Portfolio
Table 53    The Smoothie Company: Key Developments

List of Figures
Figure 01    Global Smoothies Market Share, By Type, 2018 & 2026 (%)
Figure 02    Global Smoothies Market Share, By Consumption, 2018 & 2026 (%)
Figure 03    Global Smoothies Market Share, By Region, 2018 & 2026 (%)
Figure 04    Global Smoothies Market Value, 2017-2026 ($ Million)
Figure 05    Global Smoothies Market Y-o-Y Growth, By Type, 2018-2026 (%)
Figure 06    Fruit-Based Smoothies: Global Smoothies Market Value, 2017-2026 ($ Million)
Figure 07    Dairy-Based Smoothies: Global Smoothies Market Value, 2017-2026 ($ Million)
Figure 08    Global Smoothies Market Y-o-Y Growth, By Consumption, 2018-2026 (%)
Figure 09    Out-of-Home: Global Smoothies Market Value, 2017-2026 ($ Million)
Figure 10    At-Home: Global Smoothies Market Value, 2017-2026 ($ Million)
Figure 11    Global Smoothies Market Y-o-Y Growth, By Region, 2018-2026 (%)
Figure 12    North America Smoothies Market Value, 2017-2026 ($ Million)
Figure 13    North America Smoothies Market Share, By Type, 2018 & 2026 (%)
Figure 14    North America Smoothies Market Share, By Consumption, 2018 & 2026 (%)
Figure 15    North America Smoothies Market Share, By Country, 2018 & 2026 (%)
Figure 16    South America Smoothies Market Value, 2017-2026 ($ Million)
Figure 17    South America Smoothies Market Share, By Type, 2018 & 2026 (%)
Figure 18    South America Smoothies Market Share, By Consumption, 2018 & 2026 (%)
Figure 19    South America Smoothies Market Share, By Country, 2018 & 2026 (%)
Figure 20    Europe Smoothies Market Value, 2017-2026 ($ Million)
Figure 21    Europe Smoothies Market Share, By Type, 2018 & 2026 (%)
Figure 22    Europe Smoothies Market Share, By Consumption, 2018 & 2026 (%)
Figure 23    Europe Smoothies Market Share, By Country, 2018 & 2026 (%)
Figure 24    Asia-Pacific Smoothies Market Value, 2017-2026 ($ Million)
Figure 25    Asia-Pacific Smoothies Market Share, By Type, 2018 & 2026 (%)
Figure 26    Asia-Pacific Smoothies Market Share, By Consumption, 2018 & 2026 (%)
Figure 27    Asia-Pacific Smoothies Market Share, By Country, 2018 & 2026 (%)
Figure 28    Middle East & Africa Smoothies Market Value, 2017-2026 ($ Million)
Figure 29    Middle East & Africa Smoothies Market Share, By Type, 2018 & 2026 (%)
Figure 30    Middle East & Africa Smoothies Market Share, By Consumption, 2018 & 2026 (%)
Figure 31    Bolthouse Farms: Financials
Figure 32    Jamba Juice Company: Financials
Figure 33    MTY Food Group: Financials
Figure 34    Smoothie King: Financials
Figure 35    Tropical Smoothie Cafes : Financials
Figure 36    Daily Harvest: Financials
Figure 37    Dr. Smoothie Brands: Financials
Figure 38    HAPPY PLANET: Financials
Figure 39    J Sainsbury: Financials
Figure 40    The Smoothie Company: Financials

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