Argentina Smoothies Market Size & Outlook, 2023-2030
Argentina smoothies market, 2017-2030 (US$M)
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Argentina smoothies market highlights
- The Argentina smoothies market generated a revenue of USD 136.1 million in 2023 and is expected to reach USD 271.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, fruit-based was the largest revenue generating product in 2023.
- Dairy-based is the most lucrative product segment registering the fastest growth during the forecast period.
Smoothies market data book summary
| Market revenue in 2023 | USD 136.1 million |
| Market revenue in 2030 | USD 271.1 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Fruit-based |
| Fastest growing segment | Dairy-based |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit-based, Dairy-based |
| Key market players worldwide | Bolthouse Farms, Barfresh Food Group Inc, The Hain Celestial Group Inc, The Coca-Cola Company, Jamba Juice, MAUI WOWI HAWAIIAN COFFEES & SMOOTHIES, Smoothie King, Suja Life, Tropical Smoothie Cafe |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global smoothies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil smoothies market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 271.1 million by 2030.
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Smoothies Market Scope
Smoothies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina smoothies market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smoothies market will help companies and investors design strategic landscapes.
Fruit-based was the largest segment with a revenue share of 50.33% in 2023. Horizon Databook has segmented the Argentina smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
The heightened interest in smoothies in Argentina reflects a broader pattern, largely stemming from increased global consciousness about health and fitness. This shift in awareness has elevated the status of smoothies, making them a popular choice for their nutritional value.
Smoothies are viewed as a more wholesome and delicious option compared to other commercial beverages, making them a great fit for those who prioritize their health. Alongside these factors, consumer tastes have evolved, showing a clear preference for fruit-based smoothies.
Growing awareness about health and changes in dietary habits underpin this shift. Moreover, the rising popularity of smoothies made with plant-based milk and those formulated for specific health advantages, like enhancing gut health or benefiting the skin, indicates a diversification in the smoothie market catering to various health and lifestyle needs.
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Our clientele includes a mix of smoothies market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina smoothies market , including forecasts for subscribers. This country databook contains high-level insights into Argentina smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina smoothies market report size, by product, 2017-2030 (US$M)
Argentina Smoothies Market Outlook Share, 2023 & 2030 (US$M)
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