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Smoothies Market to Witness Great Growth| Top Key Players are Daily Harvest, Dr. Smoothie, Innocent, Jamba Juice and Odwalla

12-19-2019 10:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

The Smoothies Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Smoothies market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

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A smoothie is a creamy and thick beverage mostly made from the raw fruit, vegetables and dairy products. The dairy products such as milk, yogurt, ice-cream or cottage cheese are used in the smoothies. Other ingredients used in the smoothies are water, crushed ice, fruit juice, sweeteners, nutritional supplements, whey powder, plant milk, tea and chocolate to enhance the nutritional level and taste. A smoothie prepared using the dairy products is similar to a milkshake, though the latter typically contains less fruit and often uses ice cream or frozen yogurt. The smoothies often become hyper-concentrated sources of fruit sugars.

The smoothies market is growing at a sustainable rate owing to factors such as increasing demand for the product in Asia Pacific countries such as India and China owing to the large consumer base and changing food habits, varying lifestyle patterns among the general population. Moreover, rising health consciousness among young population coupled with increasing demand for the ready-to-eat food products is anticipated to drive the growth of the smoothies market over the projected period. The smoothies are gaining popularity among gym trainers owing to health benefits associated with its regular consummation. However, lack of awareness about the availability of products in developing economies about health benefits of the smoothies coupled with the absence of proper packaging methods is expected to restrain market growth to a certain extent.

The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.

The Smoothies market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
Leading companies profiled in the report include:

1. Daily Harvest
2. Dr. Smoothie
3. Happy Planet Foods, Inc.
4. Innocent
5. Jamba Juice
6. MTY Food Group Inc.
7. Naked Juice Company.
8. Odwalla Inc.
9. Smoothie King
10. Tropical Smoothie Cafe, LLC

The global smoothies market is segmented on the basis of type, functional ingredients and distribution channel. On the basis of type, the global smoothies market is segmented into fruit-based smoothies and dairy-based smoothies. The fruit-based smoothies are further bifurcated into organic smoothies and inorganic smoothies. On the basis of functional ingredients, the market is categorized into fruits, nuts, vegetables and seeds. The fruits segment includes strawberry, banana, apple, mango and others. Likewise, the nuts segment includes almond, hazelnut, walnuts and others. The vegetable segment is divided into spinach, celery, carrot, ginger and others. The seed segment is categorized into chia seeds, flax seeds, pumpkin seeds and others. On the basis of the distribution channel, the smoothies market is classified into restaurants, smoothie bars, commercial retail and others.

The report highlights key growth strategies adopted by these players of the Smoothies industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

The report answers the following key aspects:

• Smoothies Market size and growth rate in the forecast period.
• Existing market trends.
• Factors driving Smoothies market growth.
• Future opportunities in the Global Smoothies Market.
• Market initiatives by the leading vendors.
• PEST analysis across five major regions.

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The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Food and Beverages, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

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