Market revenue in 2023 | USD 354.1 million |
Market revenue in 2030 | USD 684.6 million |
Growth rate | 9.9% (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 |
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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 48.09% in 2023. Horizon Databook has segmented the Italy smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
The growing global emphasis on health and wellness has led consumers to seek nutritious and wholesome beverage options. According to the data published by Centre for the Promotion of Imports from developing countries (CBI) in October 2021, the consumption of smoothies is increasing in Italy.
Smoothies are often perceived as healthier alternatives due to their natural fruit content, aligning with this trend. Consumers prefer beverages that offer both refreshment and nutritional benefits. The beverage industry continually introduces innovative product offerings, such as unique fruit blends, exotic flavors, and combinations with milk or dairy alternatives.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy smoothies market , including forecasts for subscribers. This country databook contains high-level insights into Italy smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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