DUBLIN, September 15, 2017 /PRNewswire/ --
The "Global Smoothies Market 2017-2021" report has been added to Research and Markets' offering.
The global smoothies market to grow at a CAGR of 8.59% during the period 2017-2021.
Global Smoothies Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is Increasing number of smoothie outlets. Due to the growing demand for smoothies, manufacturers are expanding their operations worldwide. They are opening new stores and outlets to increase their working geography and consumer base. In 2015, Jamba Juice Company, one of the leading smoothie chains in the US announced that it has more than 600 new cafs in the pipeline in countries: Canada, Mexico, South Korea, Philippines, Taiwan, Thailand, the UAE, Oman, Saudi Arabia, Bahrain, Kuwait, and Qatar.
The latest trend gaining momentum in the market is Increasing demand for organic and gluten-free smoothies. Organic smoothies are made from fruits and vegetables that are not artificially ripened or sprayed with harmful pesticides and chemicals. Consumers are increasingly concerned about the origin and quality of fruits and vegetables used in the preparation of smoothies. Organic smoothies cost more than regular smoothies and juices, as they are rich in minerals and antioxidants. Dr. Smoothies, is one of the leading players in the market who offers organic smoothies. Some of the other organic smoothie providers are Odwalla, The Cold Press Organic Beverage, Simply Balanced, B'more Organic, and GreenFix Organic Smoothie.
Further, the report states that one of the major factors hindering the growth of this market is Increasing competition from substitutes. The global smoothies market is facing stiff competition due to the availability of other beverages such as juices, carbonated beverages, coconut water, bottled water, and energy drinks. Juice is a beverage extracted from fruits/vegetables that are consumed worldwide due to its nutritional benefits and refreshing properties. Juice are also rich in vitamins, minerals, and antioxidants hence many consumers are preferring juices and which will be a major substitute product for smoothies and cheaper than smoothies.
- Bolthouse Farms
- Jamba Juice Company
- MTY Food Group
- Smoothie King
- Tropical Smoothie Caf
Other prominent vendors
- Daily Harvest
- Dr. Smoothie Brands
- HAPPY PLANET
- J Sainsbury
- Naked Juice
- Smoothies - N - Things Cafe
- Suja Juice
- The Smoothie Company
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Market Segmentation By Consumption Pattern
Part 08: Geographical Segmentation
Part 09: Key Leading Countries
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Key Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/d8hq5l/global_smoothies
Research and Markets
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SOURCE Research and Markets