17-Mar-2020 | Zion Market Research
Based on the analytical research conducted by the analysts at Zion Market Research, the global smoothies market is projected to grow from the expected value of USD 12.8 Billion in 2019 to cross USD 18.8 Billion at 6.6% CAGR. Smoothie is a viscous beverage formed by blending a variety of veggies, fruits, yogurt, sweeteners, milk, and ice-cubes, along with some herbal and nutritional supplements. The beverage is a rich source of fibers & vitamins and can be stored for a specific period at optimum conditions. Green smoothies contain spinach, collard green, kale, and lettuce-like green leafy vegetables to overcome the growing digestion problems, energize the immune system, and maintain the dietary patterns.
The global market report covers several major companies driving the global smoothies market. Some of the key market players are Barfresh Food Group, Jamba Juice Company, Smoothie King, Ella's Kitchen Ltd, Maui Wowi Hawaiian Coffees & Smoothies, Tropical Smoothie Café, Bolthouse Farms, and MTY Food Group, among others.
The global smoothies market report categorizes the market on the basis of the distribution channel and product type. Based on the distribution channel, the global smoothies market is further categorized into convenience stores, hypermarkets/supermarkets, smoothie bars, restaurants, and others. However, the product-based categorization of the smoothies market includes dairy-based, fruit-based, and other product-based smoothies. Among the product type segments, fruit-based product type attained a significant market share.
Rising Health Awareness Likely To Boost Consumption Of Healthy Beverages
People are becoming health conscious nowadays and are trying to adopt sophisticated food habits. They are likely to start consuming smoothies and other healthy beverages to propel the global smoothies market. So far, the majority of people are skipping proper meals for snack foods.
North America Holds The Biggest Share In The Global Smoothies Market
Owing to the hectic lifestyle and busy routine, the health condition of the citizens has been continuously deteriorating. To cope up with declining health, North Americans have started consuming healthy ingredients. Citizens in nations like China and India been gradually switching to convenience food and probably boosting the global smoothies market. Moreover, the Asia Pacific smoothie market is likely to generate significant revenue. The demand for high fiber and organic smoothies is exceptionally higher in the region.
Browse the full “Global Smoothies Market - By Distribution Channel (Restaurants, Smoothie Bars, Hypermarkets/Supermarkets, Convenience Stores, and Others), By Product (Fruit-based and Dairy-based), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/smoothies-market
The report segments the global smoothies market as follows:
By Distribution Channel:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651