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Mar 03, 2023 (The Expresswire) --Pre and Post Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19 on This Industry.
[111 Pages] Top “Smoothies Market” Size 2023 Key players Profiled in the Report are (The Smoothie Company, Jamba Juice Company, Suja Juice, Smoothies - N - Things Cafe, Robeks, innocent, HAPPY PLANET, Naked Juice, Daily Harvest, MTY Food Group, Odwalla, J Sainsbury, Dr. Smoothie Brands, Smoothie King, Tropical Smoothie CafÃ©) most important, influential, or successful companies, brands, or individuals within a Smoothies market 2023 to 2028.
The market is segmented on the basis of End-user Industry (Supermarkets/Hypermarkets, Restaurants, Smoothie Bars, Convenience Stores, Others), By Type (Fruit-based, Dairy-based, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).
“Global Smoothies market size was valued at USD 8990.12 million in 2022 and is expected to expand at a CAGR of 8.04% during the forecast period, reaching USD 14300.82 million by 2028.”Ask for Sample Report
Smoothies Market Report Contains 2023: -
● Complete overview of the global Smoothies Market
● Smoothies Market provides high-class data, info, vital statistics, trends, and competitive landscape details in this role sector.
● Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Smoothies Markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
● Description and analysis of Smoothies market potential by type, Deep Dive, disruption, application capacity, end use industry
● impact evaluation of most important drivers and restraints, and dynamics of the global Smoothies Market and current trends in the enterprise
● Smoothies industry forecast is offered along with info related to key drivers, restraints, and opportunities.
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Short Description About Smoothies Market:
The global Smoothies market size was valued at USD 8990.12 million in 2022 and is expected to expand at a CAGR of 8.04% during the forecast period, reaching USD 14300.82 million by 2028.
A smoothie (occasionally spelled smoothee or smoothy) is a thick, cold beverage made from pureed raw fruit, and sometimes vegetables, typically using a blender. Smoothies are often blended with other ingredients such as water, crushed ice, fruit juice, sweeteners (e.g. honey, sugar, stevia, syrup), dairy products (e.g. milk, yogurt, or cottage cheese, whey powder), plant milk, nuts, nut butter, seeds, tea, chocolate, herbal supplements, or nutritional supplements. A smoothie containing dairy products is similar to a milkshake, though the latter typically contains less fruit and often contains ice cream or frozen yogurt.
The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Smoothies market covering all its essential aspects.
For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.
In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.
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Market segment by Region/Country including: -
● North America (United States, Canada, and Mexico)
● Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
● Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
● South America (Brazil, Argentina, Colombia, etc.)
● Middle East and Africa (South Africa, UAE, Saudi Arabia, etc.)
User Center of Smoothies Market 2023
Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Precious Metals Industry.
Final Report will add the analysis of the impact of COVID-19 on this industry.
TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT - REQUEST SAMPLE
The Global Smoothies market is anticipated to rise at a considerable rate during the forecast period. the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Smoothies Market -SegmentationAnalysis:
Report further studies the market development status and future Smoothies Market trend across the world. Also, it splits Smoothies market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Segment by Type
Which growth factors drives the Smoothies market growth?
Increasing use of is expected to drive the growth of the Smoothies Market.
Segment by Application
● Smoothie Bars
● Convenience Stores
Which market dynamics affect the business?
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
It also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process.
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Smoothies Market - Competitive Analysis:
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Please find the key player list in Summary.
Smoothies Industry leading players are the ones that have the biggest impact, the most market share 2023, the best reputation, or the highest revenue within their field they are
Who Are The Leading Players In Smoothies Market?
● The Smoothie Company
● Jamba Juice Company
● Suja Juice
● Smoothies - N - Things Cafe
● HAPPY PLANET
● Naked Juice
● Daily Harvest
● MTY Food Group
● J Sainsbury
● Dr. Smoothie Brands
● Smoothie King
● Tropical Smoothie CafÃ©
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Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.
Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Please find a more complete list of data sources in Chapters
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Major Points from Table of Contents
Global Smoothies Market Research Report 2023-2028, by Manufacturers, Regions, Types and Applications
1.1 Objective of the Study
1.2 Definition of the Market
1.3 Market Scope
1.3.1 Market Segment by Type, Application and Marketing Channel
1.3.2 Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
1.4 Years Considered for the Study (2017-2028)
1.5 Currency Considered (U.S. Dollar)
2 Key Findings of the Study
3 Market Dynamics
3.1 Driving Factors for this Market
3.2 Factors Challenging the Market
3.3 Opportunities of the Global Smoothies Market (Regions, Growing/Emerging Downstream Market Analysis)
3.4 Technological and Market Developments in the Smoothies Market
3.5 Industry News by Region
3.6 Regulatory Scenario by Region/Country
3.7 Market Investment Scenario Strategic Recommendations Analysis
4 Value Chain of the Smoothies Market
4.1 Value Chain Status
4.2 Upstream Raw Material Analysis
4.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
4.5 Downstream Major Customer Analysis (by Region)
5 Global Smoothies Market-Segmentation by Type
6 Global Smoothies Market-Segmentation by Application
7 Global Smoothies Market-Segmentation by Marketing Channel
7.1 Traditional Marketing Channel (Offline)
7.2 Online Channel
8 Competitive Intelligence Company Profiles
9 Global Smoothies Market-Segmentation by Geography
9.1 North America
9.4 Latin America
9.5 Middle East and Africa
10 Future Forecast of the Global Smoothies Market from 2023-2028
10.1 Future Forecast of the Global Smoothies Market from 2023-2028 Segment by Region
10.2 Global Smoothies Production and Growth Rate Forecast by Type (2023-2028)
10.3 Global Smoothies Consumption and Growth Rate Forecast by Application (2023-2028)
12.2 Research Data Source
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Key Reasons to Purchase
● To gain insightful analyses of the market and have comprehensive understanding of the global Smoothies Market and its commercial landscape.
● Assess the production processes, major issues, and solutions to mitigate the development risk.
● To understand the most affecting driving and restraining forces in the Smoothies Market and its impact in the global market.
● Learn about the Smoothies Market strategies that are being adopted by leading respective organizations.
● To understand the future outlook and prospects for the Smoothies Market.
● Besides the standard structure reports, we also provide custom research according to specific requirements
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What is the market size of the smoothie industry? ›
The market size, measured by revenue, of the Juice & Smoothie Bars industry is $2.7bn in 2023.What is the market segmentation of smoothie? ›
Smoothies Market is segmented on the basis of Product Type (Fruit-based, Dairy-based, and Other Product Types); by Distribution Channel (Supermarkets/Hypermarkets, Smoothie Bars, Convenience Stores, and Other Distribution Channels), and by Geography (North America, Europe, Asia-Pacific, South America, and Middle East & ...How much can a smoothie business make? ›
Juice bars are flexible business models that can churn out major cash – the average annual revenue of a juice bar ranges from $100,000 - $600,000 . Additionally, juice bars often run with lower labor and operating expenses, raising the profit margin.How many smoothies are sold per day? ›
The average number of smoothies sold per day is 40 which is around 14,400 smoothies sold per year. In terms of dollars, that's an average of: $57,456 - $71,856 in yearly sales depending on the size of the smoothie. (For this example, the low end is for 16 oz. smoothies and the high end is for 24 oz.)
Tropical Smoothie Cafe is the most popular smoothie & juice shop chain in America with over 1,100 stores. Smoothie King came in second with 1,000 stores, followed by Jamba with over 600.Who is Smoothie King target market? ›
Smoothie King Franchises Inc. is targeting consumers 40 years and older with a new health-oriented marketing campaign tied to its 40th anniversary. The New Orleans-based franchisor launched its 40 Years Strong campaign and a 40 over 40 contest via social media on Tuesday.Are smoothies in high demand? ›
Report Overview. The global smoothies market size was valued at USD 6.68 billion in 2021 and expected to expand at a CAGR of 9.3% from 2022 to 2028.What demographic drinks the most smoothies? ›
Consumers ages 18 to 34 are the most avid smoothie consumers: 18- to 24- year-olds are traditionally loyal smoothie consumers, while the 25- to 34-year-old set has shown a recent growth in smoothie consumption.What are 3 market segmentation examples? ›
- Level of education.
- Profession/role in a company.
- Define Your Marketing Goals.
- Nail the Shop Promotion Basics.
- Offer Discounts Strategically.
- Be Easily Found Online.
- Make Every Day Special.
- Reward Repeat Customers.
- Share the Love Locally.
Do smoothie shops make good money? ›
Yes, smoothie bars can make money. The amount of money that can be earned from a smoothie bar depends on several factors, such as the demand for smoothies in the local area, the quality of the ingredients and preparation of the smoothies, and the cost of running the business.What is the profit margin for a smoothie shop? ›
A juice business or restaurant selling juice direct to consumer can expect about a 50% – 70% gross margin (profit before labor and overhead costs) if careful planning is done when developing the recipes.How many Americans drink smoothies? ›
The data has been calculated by Statista based on the U.S. Census data and Simmons National Consumer Survey (NHCS). According to this statistic, 176.06 million Americans consumed yogurt and smoothies in 2020.How attractive is the smoothie industry? ›
The smoothie industry has been becoming attractive and the research suggests that from 2015 to 2022 the international smoothie market will grow from $9bn to $15 due to a rise in health consciousness in consumers. Industry growth: The industry showed an increase in the consumption of smoothies since 2007.How many smoothie shops are there in the US? ›
There are more than 5,000 juice and smoothie shops operating in the United States as of 2021, and the industry is growing with new stores opening by the month.Who is most likely to buy smoothies? ›
Market research found that 78% of women are more likely to purchase smoothies than men. This statistic is a powerful indicator of the potential success of the smoothie industry.Do smoothie Kings make money? ›
2021 Smoothie King Median Franchise Sales: $573,269
Based on the median sales provided by Smoothie King's franchise locations, at an average of a 15% profit margin it will take around 8.75 years to recoup your investment. This is longer than other franchise opportunities.
Welcome to Smoothie King! We are the world's largest smoothie brand and offer an exciting franchise opportunity for you. As a Smoothie King franchise owner, you'll have access to: World-class training and support.Why did Smoothie King shut down? ›
Two Charlotte, North Carolina Smoothie Kings have been shut down after customers noticed racist names added on their receipts. In one case, a black customer noticed the n-word printed on the receipt.What are the weaknesses of a smoothie business? ›
Smoothie production requires a significant equipment investment. To store fruit and other ingredients, you need a refrigeration unit and possibly a freezer. Cutting and blending smoothies requires industrial blenders built purposefully for heavy use.
Who are the major competitors of smoothie? ›
Smoothie King's competitors and similar companies include McDonald's, SSP Group, Subway and The Cheesecake Factory. Smoothie King is a company that operates smoothie bars and health food stores.Why do people buy smoothies? ›
There are a number of benefits from consuming smoothies, they increase fibre intake, contribute towards our 5 a day, boost our vitamin C levels and may help with conditions like high blood pressure.What is the most used fruit in smoothies? ›
Banana. Consistently the most popular fruit used in many smoothies, the banana is tasty, healthy and versatile.What age drinks the most smoothies? ›
Smoothies are most popular with the younger generation – a quarter (25%) of those aged 16-24 have at least one smoothie a week, with this falling to 7% of those aged 60 or older.What is the biggest smoothie in the world? ›
The largest smoothie is 4030 litres (886 UK gal, 1064.61 US gal), achieved by Stichting Jaarmarkt Nibbixwoud (Netherlands), in Nibbixwoud, Noord-Holland, Netherlands, on 2 July 2017. The ingredients used were: orange juice, strawberries, bananas, honey, yogurt, sugar and ice.What are the 4 types of marketing? ›
What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix,” or the combined tools and methodologies used by marketers to achieve their marketing objectives.How do you define market size? ›
The "market size" is made up of the total number of potential buyers of a product or service within a given market, and the total revenue that these sales may generate.Who is your target market example? ›
A target customer is an individual that's most likely to buy your product. And it's a subset of the broader target market. For example, if your target market is female athletes between the ages of 13 to 25, a target customer could be female athletes in the specific age range of 13 to 16.
Your smoothie business plan objective is to provide healthy, customizable smoothies and acai bowls to customers who want quick-service meals with an emphasis on wellness.What is an advantage of a smoothie business? ›
The advantage of starting a smoothie business is that you have the ability to have passive income and make money while you sleep. This is the dream for many entrepreneurs.
How much should you charge for a smoothie? ›
The average price for a smoothie is typically around $5 for a small and $7 for a large.How much do I need to start a smoothie business? ›
The average startup capital necessary to open a smoothie shop is $60,000. It's very common for smoothie shop owners to cover these costs by applying for small business loans and commercial loans, as well as by opening up a business line of credit.What are pros and cons of smoothies? ›
In conclusion, smoothies can be a great way to increase intakes of fruit and vegetables in our diet, which would have many health benefits. However, they may contain large amounts of added or natural sugars, which can contribute to dental problems and obesity.What food has the highest profit margin? ›
- Honey production – 30% average profit margin.
- Coffee shop – 25% average profit margin.
- Popcorn business – 22% average profit margin.
- Custom cakes – 19% average profit margin.
- Chicken poultry -17% average profit margin.
- Pizza – 15% average profit margin.
Average Net Revenues in 2021
It is estimated that based on average net revenue of $1,009,803 and a profit margin of 15%, the average tropical smoothie franchise owner salary/ compensation is $126,000 per year.
"It's really fine to have a smoothie every day. It can be a convenient meal replacement as long as you're making sure that it really is replacing the meal. Not too few calories, but not too many calories," says Fye.Can you live off of mostly smoothies? ›
Calorie restriction is probably the most healthy and consistent way to drop pounds if done in the right amount and making sure one gets the proper nutrients along the way. So, in conclusion, the answer is yes you could live on smoothies if you took in the correct amount of vitamins, nutrients and proteins.Can I make smoothies everyday? ›
As long as you are drinking smoothies made from a variety of fruits and vegetables and low in refined sugar, there would be no problem with consuming smoothies every day. However, fruits are naturally high in sugar and you want to make sure you are consuming an overall balanced diet to maintain optimum health.What makes a smoothie better? ›
Nut butters, seeds (like chia, hemp or ground flax seeds), and avocados can make your smoothie extra filling, and depending on which one you choose, may bring heart-protecting omega-3 fatty acids or monounsaturated fats. But these additions also drive the calories up.How big is the smoothie market? ›
The market size, measured by revenue, of the Juice & Smoothie Bars industry is $2.7bn in 2023.
How much does a smoothie business make a year? ›
From an investment stand point, industry experts estimate start-up costs for you to own a smoothie business will run between $20,000-$400,000. However, you stand to make about $600,000 in gross revenue annually.What is the classification of a smoothie? ›
A smoothie, when sold as a competitive item, is categorized as either a food or a beverage. A smoothie is a food if the first ingredient is a main food group category (e.g., fruit, vegetable, dairy, etc.). Under this definition, a fruit and/or vegetable juice is considered a main food group.Where are smoothies served? ›
Some places you can find juice bars include but aren't limited to:
- Health clubs.
- Shopping centers.
- Vegan and vegetarian restaurants.
|Market Size in 2021:||11.8 Million (USD)|
|Forecast Period:||2022 to 2030|
|Forecast Period 2022 to 2030 CAGR:||8.5%|
|2030 Value Projection:||23.5 Billion (USD)|
The global food service market size was valued at USD 2,323.29 billion in 2021 and is projected to grow from USD 2,540.05 billion in 2022 to USD 5,194.60 billion by 2029, exhibiting a CAGR of 10.76% during the forecast period.What is the size of the fruit processing market? ›
|Processed Fruits & Vegetables Market Size (2022E)||USD 315.6 Billion|
|Processed Fruits & Vegetables Market Projected Size (2032F)||USD 539.8 Billion|
|Value CAGR (2022 to 2032)||7.1%|
The global superfoods market was valued at US$ 162.6 Billion in 2022.Is the nutrition market growing? ›
The global sports nutrition market was worth $42.9bn in 2022 (up from $40bn in 2021) and looks set to increase at a rate of 7.4% each year [Grand View Research]. In the USA, sports supplements are the largest market sector accounting for 80%, followed by meal replacement and weight loss products [Grand View Research].What is the US market size for fast food? ›
The United States has 201,865 fast food restaurant businesses as of 2023. The US fast food industry has a market size of $331.41 billion as of 2022.What is the biggest food nutrition database? ›
FooDB is the world's largest and most comprehensive resource on food constituents, chemistry and biology. It provides information on both macronutrients and micronutrients, including many of the constituents that give foods their flavor, color, taste, texture and aroma.