Report ID: SQMIG30H2069
Smoothies Market Size, Share, Growth Analysis, By Product(Fruit-based, Dairy-based and Others), By Distribution Channel(Restaurants, Smoothie Bars, Supermarkets & Convenience Stores), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30H2069 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
62 |
Figures:
75
Smoothies Market Regional Insights
North America held a market share of more than 35% of the global smoothie market in 2021 as a result of growing demand in the United States, Canada, and Mexico. Due to the growing use of smoothies to maintain body metabolism, the business is growing. The area market is growing as a result of increased R&D efforts to acquire cutting-edge organic beverages. To encourage people to live healthy lifestyles, the main businesses with American roots provide smoothies at lower costs.
Asia Pacific is projected to grow at a CAGR of 10.1%. This can be explained by the region's growing desire for organic soft drinks. The market is growing as people in China and India become more conscious of the value of keeping sustainable health. Furthermore, it is anticipated that the business will expand during the forecast period as a result of the product's expanding use in the treatment of conditions like diabetes. The region is anticipated to grow rapidly, largely as a result of increased product awareness in countries like India, China, Japan, South Korea, and others. The increasing level of discretionary income and changing lifestyles in the region are both major drivers of the demand for processed foods.
Smoothies Market Report Snapshots
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