The Latin America, Middle East and Africa Smoothies Market would witness market growth of 13.7% CAGR during the forecast period (2022-2028).
The increasing popularity of dairy-based smoothies to meet the demand for necessary proteins and vitamins is the primary driver driving market expansion. In addition, the increased demand for beverages high in dietary fiber in industrialized nations is predicted to stimulate business expansion. The emerging opportunities for the market are the rising demand for reasonably priced non-alcoholic beverages.
In addition, organic beverage industry firms are acquiring fat-free smoothies to attract a bigger customer base. Consequently, significant improvements are anticipated for the market in the coming years. In addition, the substantial growth of the food & beverage industry in emerging economies is anticipated to create substantial growth prospects for market expansion in the coming years.
There is an increase in demand for smoothies including green leafy vegetables, like kale, lettuce, spinach, and green cabbage leaves, to promote digestion and the immune system, and reduce harmful appetites, as the popularity of green smoothies grows. Due to the rising expense of healthcare, consumers are also more likely to consume smoothies for breakfast and as healthy snacks. Increased customer awareness of the product's benefits also contributes to market expansion.
Malnutrition is a growing concern within Sub-Saharan countries. Typically, malnutrition primarily affects children under the age of five. Conceptually, malnutrition encompasses both nutrition and obesity. Africa is undergoing a rapid sociodemographic transformation marked by an alarming rise in the prevalence of obesity, diabetes, and cardiovascular disease. The primary emphasis of the regional government is to promote a better diet with enhanced nutrition.
The Brazil market dominated the LAMEA Smoothies Market by Country in 2021; thereby, achieving a market value of $271.9 million by 2028. The Argentina market is showcasing a CAGR of 14.3% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 13.4% during (2022 - 2028).
Based on Product, the market is segmented into Fruit-based, Dairy-based and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Convenience Stores, Restaurants and Smoothie Bars. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smoothies Market is Predict to reach $10.9 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wm. Bolthouse Farms, Inc., Barfresh Food Group, Inc., Ella’s Kitchen Limited, innocent Limited, Jamba Juice Franchisor SPV LLC, Maui Wowi (Kahala Franchising, LLC), Smoothie King Franchises, Inc., Suja Life, LLC and Tropical Smoothie Cafe, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Fruit-based
- Dairy-based
- Others
By Distribution Channel
- Supermarkets & Convenience Stores
- Restaurants
- Smoothie Bars
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Wm. Bolthouse Farms, Inc.
- Barfresh Food Group, Inc.
- Ella’s Kitchen Limited
- innocent Limited
- Jamba Juice Franchisor SPV LLC
- Maui Wowi (Kahala Franchising, LLC)
- Smoothie King Franchises, Inc.
- Suja Life, LLC
- Tropical Smoothie Cafe, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smoothies Market, by Product
1.4.2 LAMEA Smoothies Market, by Distribution Channel
1.4.3 LAMEA Smoothies Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Smoothies Market
Chapter 4. LAMEA Smoothies Market by Product
4.1 LAMEA Fruit-based Market by Country
4.2 LAMEA Dairy-based Market by Country
4.3 LAMEA Others Market by Country
Chapter 5. LAMEA Smoothies Market by Distribution Channel
5.1 LAMEA Supermarkets & Convenience Stores Market by Country
5.2 LAMEA Restaurants Market by Country
5.3 LAMEA Smoothie Bars Market by Country
Chapter 6. LAMEA Smoothies Market by Country
6.1 Brazil Smoothies Market
6.1.1 Brazil Smoothies Market by Product
6.1.2 Brazil Smoothies Market by Distribution Channel
6.2 Argentina Smoothies Market
6.2.1 Argentina Smoothies Market by Product
6.2.2 Argentina Smoothies Market by Distribution Channel
6.3 UAE Smoothies Market
6.3.1 UAE Smoothies Market by Product
6.3.2 UAE Smoothies Market by Distribution Channel
6.4 Saudi Arabia Smoothies Market
6.4.1 Saudi Arabia Smoothies Market by Product
6.4.2 Saudi Arabia Smoothies Market by Distribution Channel
6.5 South Africa Smoothies Market
6.5.1 South Africa Smoothies Market by Product
6.5.2 South Africa Smoothies Market by Distribution Channel
6.6 Nigeria Smoothies Market
6.6.1 Nigeria Smoothies Market by Product
6.6.2 Nigeria Smoothies Market by Distribution Channel
6.7 Rest of LAMEA Smoothies Market
6.7.1 Rest of LAMEA Smoothies Market by Product
6.7.2 Rest of LAMEA Smoothies Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Wm. Bolthouse Farms, Inc.
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Product Launches and Product Expansions:
7.1.2.2 Acquisition and Mergers:
7.2 Barfresh Food Group, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Research & Development Expenses
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Product Launches and Product Expansions:
7.3 Ella’s Kitchen Limited
7.3.1 Company Overview
7.4 Innocent Limited
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Jamba Juice Franchisor SPV LLC
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.6 Maui Wowi (Kahala Franchising, LLC)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.7 Smoothie King Franchises, Inc.
7.7.1 Company Overview
7.8 Suja Life, LLC
7.8.1 Company Overview
7.9 Tropical Smoothie Cafe, LLC
7.9.1 Company Overview
TABLE 1 LAMEA Smoothies Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Smoothies Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA Fruit-based Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Fruit-based Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Dairy-based Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Dairy-based Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 12 LAMEA Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 13 LAMEA Supermarkets & Convenience Stores Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Supermarkets & Convenience Stores Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Restaurants Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Restaurants Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Smoothie Bars Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Smoothie Bars Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Smoothies Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Smoothies Market by Country, 2022 - 2028, USD Million
TABLE 21 Brazil Smoothies Market, 2018 - 2021, USD Million
TABLE 22 Brazil Smoothies Market, 2022 - 2028, USD Million
TABLE 23 Brazil Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 24 Brazil Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 25 Brazil Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 Brazil Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 Argentina Smoothies Market, 2018 - 2021, USD Million
TABLE 28 Argentina Smoothies Market, 2022 - 2028, USD Million
TABLE 29 Argentina Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 30 Argentina Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 31 Argentina Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Argentina Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 UAE Smoothies Market, 2018 - 2021, USD Million
TABLE 34 UAE Smoothies Market, 2022 - 2028, USD Million
TABLE 35 UAE Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 36 UAE Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 37 UAE Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 UAE Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Saudi Arabia Smoothies Market, 2018 - 2021, USD Million
TABLE 40 Saudi Arabia Smoothies Market, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 South Africa Smoothies Market, 2018 - 2021, USD Million
TABLE 46 South Africa Smoothies Market, 2022 - 2028, USD Million
TABLE 47 South Africa Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 48 South Africa Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 49 South Africa Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 South Africa Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Nigeria Smoothies Market, 2018 - 2021, USD Million
TABLE 52 Nigeria Smoothies Market, 2022 - 2028, USD Million
TABLE 53 Nigeria Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 54 Nigeria Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 55 Nigeria Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Nigeria Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Rest of LAMEA Smoothies Market, 2018 - 2021, USD Million
TABLE 58 Rest of LAMEA Smoothies Market, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Smoothies Market by Product, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Smoothies Market by Product, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA Smoothies Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA Smoothies Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Key Information – Wm. Bolthouse Farms, Inc.
TABLE 64 Key Information – Barfresh Food Group, Inc.
TABLE 65 Key Information – Ella’s Kitchen Limited
TABLE 66 Key Information – Innocent Limited
TABLE 67 Key Information – Jamba Juice Franchisor SPV LLC
TABLE 68 Key Information – Maui Wowi
TABLE 69 Key Information – Smoothie King Franchises, Inc.
TABLE 70 Key Information – Suja Life, LLC
TABLE 71 Key Information – Tropical Smoothie Cafe, LLC
List of Figures
FIG 1 Methodology for the research