LONDON–(BUSINESS WIRE)–Technavio has been monitoring the smoothies market and it is poised to grow by USD 10.14 billion during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions-

• Based on segmentation by product, which is the leading segment in the market?
• The fruit-based smoothies are expected to be the leading segment in the global market during the forecast period.

• At what rate is the market projected to grow?
• Growing at a CAGR of over 9%, the incremental growth of the market is anticipated to be USD 10.14 billion.

• Who are the top players in the market?
• Barfresh Food Group Inc., Happy Planet Foods Inc., International Dairy Queen Inc., The Coca-Cola Co., and Tropical Smoothie Cafe LLC. are some of the major market participants.

• What is the key market driver?
• Health benefits of smoothies is one of the major factors driving the market.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Barfresh Food Group Inc., Happy Planet Foods Inc., International Dairy Queen Inc., The Coca-Cola Co., and Tropical Smoothie Cafe LLC. are some of the major market participants. The health benefits of smoothies will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Smoothies Market 2020-2024: Segmentation

Smoothies Market is segmented as below:

• Consumption Patterns
  • Out-of-home Consumption
  • At-home Consumption
• Product
  • Fruit-based
  • Dairy-based
  • Other Smoothies
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Smoothies Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smoothies market report covers the following areas:

• Smoothies Market Size
• Smoothies Market Trends
• Smoothies Market Analysis

This study identifies the demand for organic and gluten-free smoothies as one of the prime reasons driving the smoothies market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Smoothies Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist smoothies market growth during the next five years
• Estimation of the smoothies market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the smoothies market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of smoothies market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value Chain Analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Fruit-based – Market size and forecast 2019-2024
• Dairy-based – Market size and forecast 2019-2024
• Other smoothies – Market size and forecast 2019-2024
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• North America – Market size and forecast 2019-2024
• Europe – Market size and forecast 2019-2024
• APAC – Market size and forecast 2019-2024
• South America – Market size and forecast 2019-2024
• MEA – Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: MARKET SEGMENTATION BY CONSUMPTION PATTERN

• Market segmentation by consumption pattern
• Comparison by consumption pattern
• Out-of-home consumption – Market size and forecast 2019-2024
• At-home consumption – Market size and forecast 2019-2024
• Market opportunity by consumption pattern

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 12: MARKET TRENDS

• Product launches
• Increasing product innovations
• Increasing demand for organic and gluten-free smoothies

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Barfresh Food Group, Inc.
• Happy Planet Foods, Inc.
• International Dairy Queen Inc.
• J Sainsbury Plc
• Jamba Juice Franchisor SPV LLC
• PepsiCo Inc.
• Smoothie King Franchises, Inc.
• The Hain Celestial Group Inc.
• The Coca-Cola Co.
• Tropical Smoothie Cafe LLC

PART 15: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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