Russia Smoothies Market Size & Outlook, 2023-2030
Russia smoothies market, 2017-2030 (US$M)
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Russia smoothies market highlights
- The Russia smoothies market generated a revenue of USD 320.5 million in 2023 and is expected to reach USD 545.7 million by 2030.
- The Russia market is expected to grow at a CAGR of 7.9% 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 320.5 million |
| Market revenue in 2030 | USD 545.7 million |
| Growth rate | 7.9% (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 |
Other key industry trends
- In terms of revenue, Russia accounted for 2.6% 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 Europe, UK smoothies market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,246.3 million by 2030.
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Smoothies Market Scope
Smoothies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia 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 Russia smoothies market based on fruit-based, dairy-based covering the revenue growth of each sub-segment from 2017 to 2030.
Factors driving the sales of smoothies in Russia include changing consumer preferences toward healthier beverage options, increasing awareness of the benefits of smoothies for a quick and nutritious breakfast or post-workout snack, as well as the rising demand for convenience foods and drinks.
The rise in health consciousness drives the demand and sales of healthy snacks and meal replacements, including smoothies. In addition, the growing popularity of sports and fitness among the Russian population contributes to the sales of smoothies as they are considered a healthier alternative among fitness enthusiasts.
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Target buyers of Russia 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 Russia smoothies market , including forecasts for subscribers. This country databook contains high-level insights into Russia smoothies market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Russia smoothies market report size, by product, 2017-2030 (US$M)
Russia Smoothies Market Outlook Share, 2023 & 2030 (US$M)
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