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 |
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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 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.
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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