North America Smoothies Market Size & Outlook, 2023-2030
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North America smoothies market highlights
- The North America smoothies market generated a revenue of USD 5,671.4 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,671.4 million |
| Market revenue in 2030 | USD 9,370.0 million |
| Growth rate | 7.4% (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, North America region accounted for 45.5% 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 |
|---|---|---|---|---|
| Tropical Smoothie Cafe | View profile | 101-250 | Atlanta, Georgia, United States, North America | http://www.tropicalsmoothiecafe.com |
| Suja Life | View profile | 51-100 | San Diego, California, United States, North America | http://sujajuice.com |
| Smoothie King | View profile | 101-250 | Dallas, Texas, United States, North America | http://www.smoothieking.com/ |
| MAUI WOWI HAWAIIAN COFFEES & SMOOTHIES | View profile | 11-50 | Scottsdale, Arizona, United States, North America | https://www.mauiwowi.com |
| Jamba Juice | View profile | 5001-10000 | Emeryville, California, United States, North America | https://www.jamba.com/ |
| Barfresh Food Group Inc | View profile | 10 | 3600 Wilshire Boulevard, Suite 1720, Los Angeles, CA, United States, 90010 | https://www.barfresh.com |
| Bolthouse Farms | View profile | 1001-5000 | Bakersfield, California, United States, North America | https://www.bolthouse.com/ |
| The Coca-Cola Company | View profile | 10001+ | Atlanta, Georgia, United States, North America | https://www.coca-colacompany.com |
| The Hain Celestial Group Inc | View profile | 2837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | https://www.hain.com |
North America 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 53.55% in 2023. Horizon Databook has segmented the North America smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing popularity of healthy beverages in North America is significantly contributing to the growth of the smoothie market in the region. Smoothies, which are typically blended concoctions of fruits, vegetables, nuts, and dairy products, are often included in health-conscious diets.
The shift in lifestyle choices toward healthier food options, driven by growing health awareness among consumers, is fueling the market's expansion. Fitness trainers and health professionals frequently recommend smoothies, particularly for individuals focused on weight management, due to their high fiber content compared to juices.
Smoothies are especially popular among those with fast-paced lifestyles, offering a quick, nutritious, and portable meal or snack option. The convenience they provide is a key reason for their widespread appeal. In North America, fruit-based smoothies, both organic and inorganic, are particularly popular and are anticipated to be the fastest-growing segment in the market.
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Target buyers of North America 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 North America smoothies market , including forecasts for subscribers. This continent databook contains high-level insights into North America smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America smoothies market report size, by country, 2017-2030 (US$M)
North America Smoothies Market Outlook Share, 2023 & 2030 (US$M)
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