Europe Smoothies Market Size & Outlook, 2023-2030
Europe smoothies market, 2017-2030 (US$M)
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Europe smoothies market highlights
- The Europe smoothies market generated a revenue of USD 3,726.9 million in 2023.
- The 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,726.9 million |
| Market revenue in 2030 | USD 7,154.4 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Fruit-based |
| Fastest growing segment | Dairy-based |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 29.9% of the global smoothies market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,892.7 million by 2030.
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Smoothies Market Scope
Smoothies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 49.9% in 2023. Horizon Databook has segmented the Europe smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
Smoothies are packed with fresh vegetables and fruits. Since they help improve digestion and boost immunity, they are associated with wellness, resulting in increased consumption of post-workout meals. Smoothies are increasingly evolving as indulgent snacks among consumers in the region.
Moreover, due to their various health and wellness benefits, health enthusiasts are increasingly incorporating smoothies into their everyday diets. In addition, the various functional benefits associated with smoothies, such as immunity support, energy boost, and digestive support, result in a surge in smoothie sales in the region.
In addition, vegetables and fruits included in smoothies have natural health benefits; however, there is an increasing trend of including clinically supported ingredients in smoothies, which has resulted in an increase in the launch of such products.
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Target buyers of Europe smoothies market databook
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Our clientele includes a mix of smoothies market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smoothies market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe smoothies market report size, by country, 2017-2030 (US$M)
Europe Smoothies Market Outlook Share, 2023 & 2030 (US$M)
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