The Business Research Company’s Smoothies Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Smoothies Global Market Report 2023 evaluates smoothies market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global smoothies market is expected to grow from 15.8 billion in 2022 to 17.08 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smoothies market is expected to reach 22.96 billion in 2027 at a CAGR of 7.7%.

The increasing consumption of healthy beverages is expected to propel the growth of the smoothie market going forward. Healthy beverages provide beneficial nutrients and contribute to overall health and well-being. Smoothies are used as healthy beverages that provide a convenient and delicious way to consume a variety of fruits and vegetables, and with the addition of probiotics, they promote gut health and overall health and well-being. For instance, in 2021, according to the Government of Canada, a Canada-based government agency, the retail sales of energy drinks are expected to increase from US$14,150.4 million in 2020 to US$20,733.9 million in 2025. Additionally, the retail sales of fruit and vegetables increases from US$ 3,032.7 million in 2020 to US$3,532.0 in 2025 and the reduced sugar sports drinks increases from US$1,401.3 in 2020 to US$1,684.6 in 2025. Therefore, the increasing consumption of healthy beverages drives the smoothie market.

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The smoothies market segments in the report are:
1) By Product Type: Fruit-Based, Vegetable-Based, Dairy-Based, Other Product Types
2) By Packaging Material: Plastic, Paper, Glass, Other Packaging Materials
3) By Distribution Channel: Supermarkets And Hypermarkets, Smoothie Bars, Convenience Stores, Other Distribution Channels

The table of contents in TBRC’s smoothies market report includes:
1. Executive Summary
2. Smoothies Market Characteristics
3. Smoothies Market Trends And Strategies
4. Smoothies Market - Macro Economic Scenario
5. Global Smoothies Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…..
32. Global Smoothies Market Competitive Benchmarking
33. Global Smoothies Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Smoothies Market
35. Smoothies Market Future Outlook and Potential Analysis
36. Appendix

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