The Asia Pacific smoothies market size reached US$ 2556.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5270.3 Million by 2032, exhibiting a growth rate (CAGR) of 8.12% during 2024-2032.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 2556.5 Million |
Market Forecast in 2032
|
US$ 5270.3 Million |
Market Growth Rate (2024-2032) | 8.12% |
Smoothie is a thick blended beverage containing fruits, vegetables, fruit juice, and milk. Various other ingredients, such as whey powder, nuts, seeds, and herbal and nutritional supplements, are also added to enhance the flavor and increase the thickness. With the growing prevalence of chronic diseases, the demand for smoothies has escalated in the Asia Pacific region. The consumption of smoothies is widely associated with various health benefits, including balanced blood sugar and cholesterol levels and an overall improved immune system.
The Asia Pacific represents one of the largest smoothies markets. The primary factor driving the market is the increasing preference for healthy beverages in countries such as India, China, and Australia. This is due to the rising health-consciousness and the hectic lifestyle of individuals across the region. Furthermore, with a significant rise in the demand for on-the-go-meal options, a greater number of cafes and restaurants are serving smoothies, which, in turn, is creating a positive outlook for the market. Moreover, the leading manufacturers are launching innovative product variants, such as gluten-free smoothies, to widen their consumer base. Other factors, such as the emerging café culture and the rising consumer expenditure on food and beverages, are driving the market further.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific smoothies market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product, distribution channel, packaging material and consumption pattern.
Breakup by Product:
Breakup by Distribution Channel:
Breakup by Packaging Material:
Breakup by Consumption Pattern:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Products Covered | Dairy-Based, Fruit-Based |
Distribution Channels Covered | Restaurants and Smoothie Bars, Supermarkets and Hypermarkets, Convenience Stores, Others |
Packaging Materials Covered | Plastic, Paper, Glass, Others |
Consumption Patterns Covered | Out of Home, At Home |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |