Brazil Smoothies Market Size & Outlook, 2023-2030
Brazil smoothies market, 2017-2030 (US$M)
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Brazil smoothies market highlights
- The Brazil smoothies market generated a revenue of USD 337.8 million in 2023 and is expected to reach USD 648.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.8% 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 337.8 million |
| Market revenue in 2030 | USD 648.7 million |
| Growth rate | 9.8% (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, Brazil accounted for 2.7% 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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Brazil 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 57.4% in 2023. Horizon Databook has segmented the Brazil smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
In Brazil, the growing interest in smoothies and the expansion of the smoothie market are driven by a combination of factors. A key influence is the increasing health consciousness among Brazilians, with smoothies being perceived as nutritious and healthier alternatives to other beverages.
This trend aligns with Brazil's rich biodiversity, offering an abundance of tropical fruits, which are key ingredients for a variety of flavorful and fresh smoothies. In addition, the cultural inclination towards fresh juices and fruit-based beverages naturally extends to smoothies, fitting seamlessly into existing dietary preferences.
The warm Brazilian climate further enhances the appeal of smoothies as refreshing and cooling drinks. Moreover, global lifestyle trends promoting wellness and natural food consumption resonate with the Brazilian population, fueling the demand for healthy options like smoothies.
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Our clientele includes a mix of smoothies market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil smoothies market , including forecasts for subscribers. This country databook contains high-level insights into Brazil smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil smoothies market report size, by product, 2017-2030 (US$M)
Brazil Smoothies Market Outlook Share, 2023 & 2030 (US$M)
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