Japan Smoothies Market Size & Outlook, 2023-2030
Japan smoothies market, 2017-2030 (US$M)
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Japan smoothies market highlights
- The Japan smoothies market generated a revenue of USD 295.4 million in 2023 and is expected to reach USD 639.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.7% 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 295.4 million |
| Market revenue in 2030 | USD 639.0 million |
| Growth rate | 11.7% (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, Japan accounted for 2.4% 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 Asia Pacific, China smoothies market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 627.5 million by 2030.
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Smoothies Market Scope
Smoothies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 50.2% in 2023. Horizon Databook has segmented the Japan smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
The growing interest in smoothies in Japan is driven by a variety of factors, including growing health awareness among consumers, evolving lifestyles, and a preference for healthy, convenient food options. The market in Japan, encompassing both dairy and fruit-based smoothies, is seeing notable expansion.
This growth is supported through various sales channels such as smoothie bars, restaurants, supermarkets, and convenience stores. Major companies in the industry are employing strategies like mergers, acquisitions, and partnerships to strengthen their market presence.
In addition, the Japanese market is characterized by consumers who value quality and novelty, particularly in foreign food and drink products. Hence, market players aiming for quality and innovation will help them stand out in the Japanese market.
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Target buyers of Japan 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 country-level data and insights on the Japan smoothies market , including forecasts for subscribers. This country databook contains high-level insights into Japan smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan smoothies market report size, by product, 2017-2030 (US$M)
Japan Smoothies Market Outlook Share, 2023 & 2030 (US$M)
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