Global Smoothies Market

Global Smoothies Market Size, Share, Growth Analysis, By Product(Fruit-based, Dairy-based and Others), By Distribution Channel(Restaurants, Smoothie Bars) - Industry Forecast 2024-2031

Report ID: SQMIG30H2069 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 62 | Figures: 75

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Global Smoothies Market size was valued at around USD 7.30 billion in 2022 and is poised to grow from USD 7.98 billion in 2023 to USD 16.25 Billion by 2031, at a CAGR of 9.3% over the forecast period (2024–2031).

To satisfy the growing demand for smoothies, businesses are primarily focused on developing new beverages. However, putting sustainability into practice has particular difficulties and constraints. Many businesses are focusing on the market growth and introduction of sugar-free products. In order to use HungerRush's OrderAI technology, Smoothie King partnered with it in February 2022. The primary goal of the collaboration was to show that it was prepared to spend money on new technology in order to increase sales and profitability for its franchisees. 'Jamba Juice', 'Smoothie King', 'Tropical Smoothie Cafe', 'Boost Juice', 'Robeks', 'Innocent Drinks', 'Odwalla', 'Naked Juice', 'Happy Planet', 'Bolthouse Farms', 'Suja Juice', 'Planet Smoothie', 'Red Mango', 'Clean Juice', 'Revive Superfoods', 'Daily Harvest', 'Green Blender', 'Sambazon', 'Frulatte', 'Ceres Juices'

More people are looking for healthy food options, and smoothies are seen as a convenient way to get essential nutrients.

As more consumers adopt plant-based and vegan diets, there is growing demand for smoothies made with non-dairy milk, vegan protein sources, and plant-based ingredients.

North America held a market share of more than 35% of the global smoothie market in 2021 as a result of growing demand in the United States, Canada, and Mexico. Due to the growing use of smoothies to maintain body metabolism, the business is growing. The area market is growing as a result of increased R&D efforts to acquire cutting-edge organic beverages. To encourage people to live healthy lifestyles, the main businesses with American roots provide smoothies at lower costs.

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