How much is the fruit smoothie business growing?
Juicing, which includes both fruit and vegetable beverages, has become a $5 billion business and it is projected to grow by about 4 percent to 8 percent per year, according to Barron’s. A large portion of that business consists of fruit smoothies, which are especially popular in warmer climates.
What are the statistics of the smoothie bar industry?
In this article, we conduct an analysis of the smoothie bar industry by digging into some key industry statistics, trends, and analyze what it will take to successful smoothie bar in the future. Smoothies are segmented into dairy-based and fruit-based beverages.
How big is the juice and smoothie market?
Juice and smoothies are a strong part of the beverage category. During the last few years, U.S. fruit juice production showed volatile tendencies. In 2016/2017, it amounted to about 355 thousand metric tons at 65 degrees brix. The sales volume of juices and juice drinks in the U.S. reached about 971.5 million cases in 2015.
What’s the forecast for the global smoothie market?
The global smoothies market is projected to register a CAGR of 6.98% during the forecast period, 2020 – 2025. Generally, smoothies are thickshake beverages that include ingredients, like yogurt, milk, almond milk, coconut milk, and sherbet. The smoothie market is flourishing in developed and emerging regions. Smoothies consist of dietary fiber.
Juicing, which includes both fruit and vegetable beverages, has become a $5 billion business and it is projected to grow by about 4 percent to 8 percent per year, according to Barron’s. A large portion of that business consists of fruit smoothies, which are especially popular in warmer climates.
In this article, we conduct an analysis of the smoothie bar industry by digging into some key industry statistics, trends, and analyze what it will take to successful smoothie bar in the future. Smoothies are segmented into dairy-based and fruit-based beverages.
Juice and smoothies are a strong part of the beverage category. During the last few years, U.S. fruit juice production showed volatile tendencies. In 2016/2017, it amounted to about 355 thousand metric tons at 65 degrees brix. The sales volume of juices and juice drinks in the U.S. reached about 971.5 million cases in 2015.
The global smoothies market is projected to register a CAGR of 6.98% during the forecast period, 2020 – 2025. Generally, smoothies are thickshake beverages that include ingredients, like yogurt, milk, almond milk, coconut milk, and sherbet. The smoothie market is flourishing in developed and emerging regions. Smoothies consist of dietary fiber.
