smoothiesMarket Size, Industry Share, Forecast

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The global smoothies market is expected to be growing at a growth rate of 10.0% in the forecast period of 2021 to 2028 and is expected to reach 0.187 USD billion by 2028. The increasing health concerns among the population in urban areas will act as a driving factor to the growth of the smoothies market.

A smoothie is a thick drink produced from a combination of fruits and vegetables and water, ice cubes, yogurt, and milk. Other than this, even sweeteners such as syrup, honey, and sugar are added to the product to enhance the taste. Furthermore, the smoothies consist of dietary fibers and they are more nutritious and healthier in comparison to fruit juices.

Major factors that are expected to boost the growth of the smoothies market in the forecast period are the increasing demand for smoothies combined with the green leafy vegetables, such as kale, spinach, lettuce, and collard greens, to improvise digestion, boost the immune system and minimalize the unhealthy food cravings, the growing alertness amongst the customers concerning about the benefits related to the product, and the up surging need for the product because of the large user base and varying of food habits, fluctuating lifestyle patterns amongst the overall population. Furthermore, the growing demand for the ready-to-eat food products, the surging demand for local flavours in the soft drinks comprising of tropical flavors and the application of new ingredients such as erythritol in soft drinks and the growing need for convenience and value are further anticipated to propel the growth of the smoothies market. Moreover, the growing need for functional food and beverages is also cushioning the growth of the smoothies market in in the timeline period.

However, absence of alertness regarding the accessibility of the products in the advancing countries about the health benefits of the smoothies and the lack of proper packaging methods are further estimated to impede the growth of the smoothies market in the coming years. In addition, the constant product launches in this field will further provide potential growth opportunities for the smoothies market in the near future.

smoothiesMarket Size, Industry Share, Forecast

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