Smoothies Market by Product, Consumption Pattern, and Geography - Forecast and Analysis 2022-2026
- Published: Sep 2022
- Pages: 154
- SKU: IRTNTR40259
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The smoothies market share is expected to increase by USD 595.44 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.79%.
This smoothies market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smoothies market segmentation by product (fruit-based, dairy-based, and others), consumption pattern (out of home and at home), and geography (North America, Europe, APAC, South America, and MEA). The smoothies market report also offers information on several market vendors, including Barfresh Food Group Inc, Berkshire Hathaway Inc., Campbell Soup Co, Crussh Corp, Daily Harvest Inc, Drums Food International Pvt Ltd, Focus Brands LLC, Happy Planet Foods Inc., Hush up X Hustle, KOIA, MTY Food Group Inc, NOKA Organics LLC, PepsiCo Inc., Smoothie King Franchises Inc., Sofina SA, Suja Life LLC, The Coca Cola Co., The Hain Celestial Group Inc., The Smoothie Bombs, and Tropical Smoothie Cafe LLC among others.
What will the Smoothies Market Size be During the Forecast Period?
Download Report Sample to Unlock the Smoothies Market Size for the Forecast Period and Other Important Statistics
Smoothies Market: Key Drivers, Trends, and Challenges
The increasing number of smoothie outlets is notably driving the smoothie market growth, although factors such as fluctuating prices of fruits and vegetables may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the smoothie industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Smoothies Market Driver
One of the key factors driving the smoothie market growth is the increasing number of smoothie outlets. The manufacturers of smoothies are increasing their global presence, mainly owing to the growing demand for smoothies among Generation Y. Vendors are opening new stores and outlets across regions to increase their consumer base. Jamba Juice, one of the leading smoothie chains in the US, opened its first location in Thailand in 2017, which marked the company's 70th international location. The company and Max's Group have agreed to set up 40 stores in the Philippines by 2025. Smoothie King, the world's largest smoothie brand, opened a record 263 new stores globally in 2020, including 71 new stores in the United States. Tropical Smoothie Caf opened 99 new cafes, including its 900th location in Fort Benning, Georgia. The company also signed 254 new franchise agreements and is on track to reach more than 1,000 operating restaurants in 2021. However, the growing number of smoothie outlets will positively drive the global smoothie market during the forecast period.
Key Smoothies Market Trend
Another key factor driving smoothies market growth is the increasing number of product launches by regional and international players. Manufacturers of smoothies are developing innovative strategies to increase the market share of their products. Besides, various technical innovations by manufacturers will also drive the market. Some product launches are listed below: In March 2021, PepsiCo's Naked Juice brand released two new smoothies in the UK, Naked Rainbow Machine and Naked Berry Lean. In December 2020, Smoothie King launched a new Metabolism Boost Banana Passion Fruit smoothie for health-conscious customers. In November 2020, Jamba Juice launched two new kids' smoothies which are Sash's Splash and Croodaceous Cooler. In August 2020, Danone launched new Activia yogurt smoothies. Such product launches are key smoothie industry trends, which will positively drive the growth of the market focus during the forecast period.
Key Smoothies Market Challenge
Fluctuating prices of fruits and vegetables is one of the key challenges hindering the smoothies market growth. The major raw materials for smoothies are fruits, vegetables, sugar, and milk. A rise in the prices of raw materials results in increased production costs. As a result of this, smoothie manufacturers procure raw materials at high costs. Generally, the prices of fresh fruits and vegetables fluctuate with climatic changes. For instance, many parts of the US face natural disasters such as hurricanes, wildfires, floods, and drought, leading to a decline in the production of fresh fruits and vegetables in the US, resulting in higher prices. Further, the supply of raw materials gets affected due to adverse weather conditions, national emergencies, natural disasters, supply shortages, and other unexpected events. As an effect of this, it becomes a challenge for manufacturers to introduce new product varieties with specific ingredients that help in enriching taste in the market. The increase in product price affects the consumer purchase decision, which, in turn, affects the market performance of manufacturers. Generally, the price of fruits fluctuates with weather conditions which could render a significant impact on the global smoothies market.
This smoothies market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global smoothies market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smoothies market during the forecast period.
Who are the Major Smoothies Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Barfresh Food Group Inc
- Berkshire Hathaway Inc.
- Campbell Soup Co
- Crussh Corp
- Daily Harvest Inc
- Drums Food International Pvt Ltd
- Focus Brands LLC
- Happy Planet Foods Inc.
- Hushup X Hustle
- KOIA
- MTY Food Group Inc
- NOKA Organics LLC
- PepsiCo Inc.
- Smoothie King Franchises Inc.
- Sofina SA
- Suja Life LLC
- The Coca-Cola Co.
- The Hain Celestial Group Inc.
- The Smoothie Bombs
- Tropical Smoothie Cafe LLC
This statistical study of the smoothies market encompasses successful business strategies deployed by the key vendors. The smoothies market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
Product Insights and News
- Barfresh Food Group Inc. - The company offers smoothies in various flavors such as banana cashew, creamy vanilla, and others.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The smoothies market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Smoothies Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the smoothies market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Smoothies Market?
For more insights on the market share of various regions Request PDF Sample now!
36% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for smoothies in North America. Market growth in this region will be slower than the growth of the market in APAC regions.
Factors such as health benefits will facilitate the smoothies market growth in North America over the forecast period. The growing trends of healthy eating and consuming raw and organic food products among the young US population in their 20s and 30s are driving the smoothie market growth in the region. Also, the declining demand for juices (for example, orange juice, due to its high sucrose content) is boosting the market. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic affected the region's economy in different ways. It disrupted the supply of raw materials as there were supply chain and market disruptions. Before COVID-19, economists forecasted steady growth of the market in North America. Due to the outbreak of COVID-19, the market was negatively impacted in 2020. However, the number of COVID-19 cases decreased in the last quarter of 2020 in the region. The initiation of vaccination programs from 2021 is also expected to aid the market to some extent. Hence, the regional market is expected to grow at a moderate pace during the forecast period.
What are the Revenue-generating Product Segments in the Smoothies Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The smoothies market share growth by the fruit base will be significant during the forecast period. The fruit-based smoothies segment accounted for the largest share in the global smoothies market in 2020, mainly owing to the rising health consciousness among consumers, changing lifestyles, and food habits. Organic fruit smoothies are prepared from fresh fruits that are not sprayed or ripened with harmful chemicals and pesticides. These smoothies are rich in minerals and antioxidants and cost more than regular juices and smoothies. The growing adoption of fruit-based smoothies will drive the growth of the global smoothies market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the smoothies market size and actionable market insights on post COVID-19 impact on each segment.
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Smoothies Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.79% |
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Market growth 2022-2026 |
$ 595.44 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.07 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 36% |
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Key consumer countries |
US, China, India, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Barfresh Food Group Inc, Berkshire Hathaway Inc., Campbell Soup Co, Crussh Corp, Daily Harvest Inc, Drums Food International Pvt Ltd, Focus Brands LLC, Happy Planet Foods Inc., Hushup X Hustle, KOIA, MTY Food Group Inc, NOKA Organics LLC, PepsiCo Inc., Smoothie King Franchises Inc., Sofina SA, Suja Life LLC, The Coca Cola Co., The Hain Celestial Group Inc., The Smoothie Bombs, and Tropical Smoothie Cafe LLC |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Smoothies Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive smoothies market growth during the next five years
- Precise estimation of the smoothies market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the smoothies industry across North America, Europe, APAC, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of smoothies market vendors
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Consumption Pattern
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 25: Chart on Product - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 27: Chart on Comparison by Product
- Exhibit 28: Data Table on Comparison by Product
- 5.3 Fruit based - Market size and forecast 2021-2026
- Exhibit 29: Chart on Fruit based - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Fruit based - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Fruit based - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Fruit based - Year-over-year growth 2021-2026 (%)
- 5.4 Vegetable based - Market size and forecast 2021-2026
- Exhibit 33: Chart on Vegetable based - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Vegetable based - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Vegetable based - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Vegetable based - Year-over-year growth 2021-2026 (%)
- 5.5 Dairy based - Market size and forecast 2021-2026
- Exhibit 37: Chart on Dairy based - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Data Table on Dairy based - Market size and forecast 2021-2026 ($ million)
- Exhibit 39: Chart on Dairy based - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Dairy based - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 41: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 44: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Product
- Exhibit 45: Market opportunity by Product ($ million)
6 Market Segmentation by Consumption Pattern
- 6.1 Market segments
- Exhibit 46: Chart on Consumption Pattern - Market share 2021-2026 (%)
- Exhibit 47: Data Table on Consumption Pattern - Market share 2021-2026 (%)
- 6.2 Comparison by Consumption Pattern
- Exhibit 48: Chart on Comparison by Consumption Pattern
- Exhibit 49: Data Table on Comparison by Consumption Pattern
- 6.3 Out of home - Market size and forecast 2021-2026
- Exhibit 50: Chart on Out of home - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Out of home - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Out of home - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Out of home - Year-over-year growth 2021-2026 (%)
- 6.4 At home - Market size and forecast 2021-2026
- Exhibit 54: Chart on At home - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on At home - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on At home - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on At home - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Consumption Pattern
- Exhibit 58: Market opportunity by Consumption Pattern ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 60: Chart on Market share by geography 2021-2026 (%)
- Exhibit 61: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 62: Chart on Geographic comparison
- Exhibit 63: Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2021-2026
- Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.4 Europe - Market size and forecast 2021-2026
- Exhibit 68: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.5 APAC - Market size and forecast 2021-2026
- Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 China - Market size and forecast 2021-2026
- Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.10 Germany - Market size and forecast 2021-2026
- Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.11 India - Market size and forecast 2021-2026
- Exhibit 96: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.12 UK - Market size and forecast 2021-2026
- Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 104: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 108: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 109: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 11.3 Campbell Soup Co
- Exhibit 111: Campbell Soup Co - Overview
- Exhibit 112: Campbell Soup Co - Business segments
- Exhibit 113: Campbell Soup Co - Key offerings
- Exhibit 114: Campbell Soup Co - Segment focus
- 11.4 Crussh Corp
- Exhibit 115: Crussh Corp - Overview
- Exhibit 116: Crussh Corp - Key offerings
- 11.5 Daily Harvest Inc
- Exhibit 117: Daily Harvest Inc - Overview
- Exhibit 118: Daily Harvest Inc - Product / Service
- Exhibit 119: Daily Harvest Inc - Key offerings
- 11.6 Focus Brands LLC
- Exhibit 120: Focus Brands LLC - Overview
- Exhibit 121: Focus Brands LLC - Product / Service
- Exhibit 122: Focus Brands LLC - Key offerings
- 11.7 MTY Food Group Inc
- Exhibit 123: MTY Food Group Inc - Overview
- Exhibit 124: MTY Food Group Inc - Business segments
- Exhibit 125: MTY Food Group Inc - Key offerings
- Exhibit 126: MTY Food Group Inc - Segment focus
- 11.8 PepsiCo Inc.
- Exhibit 127: PepsiCo Inc. - Overview
- Exhibit 128: PepsiCo Inc. - Business segments
- Exhibit 129: PepsiCo Inc. - Key news
- Exhibit 130: PepsiCo Inc. - Key offerings
- Exhibit 131: PepsiCo Inc. - Segment focus
- 11.9 Smoothie King Franchises Inc.
- Exhibit 132: Smoothie King Franchises Inc. - Overview
- Exhibit 133: Smoothie King Franchises Inc. - Product / Service
- Exhibit 134: Smoothie King Franchises Inc. - Key offerings
- 11.10 Sofina SA
- Exhibit 135: Sofina SA - Overview
- Exhibit 136: Sofina SA - Product / Service
- Exhibit 137: Sofina SA - Key offerings
- 11.11 The Coca Cola Co.
- Exhibit 138: The Coca Cola Co. - Overview
- Exhibit 139: The Coca Cola Co. - Business segments
- Exhibit 140: The Coca Cola Co. - Key news
- Exhibit 141: The Coca Cola Co. - Key offerings
- Exhibit 142: The Coca Cola Co. - Segment focus
- 11.12 The Hain Celestial Group Inc.
- Exhibit 143: The Hain Celestial Group Inc. - Overview
- Exhibit 144: The Hain Celestial Group Inc. - Business segments
- Exhibit 145: The Hain Celestial Group Inc. - Key news
- Exhibit 146: The Hain Celestial Group Inc. - Key offerings
- Exhibit 147: The Hain Celestial Group Inc. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 148: Inclusions checklist
- Exhibit 149: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 150: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 151: Research methodology
- Exhibit 152: Validation techniques employed for market sizing
- Exhibit 153: Information sources
- 12.5 List of abbreviations
- Exhibit 154: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- India
- Germany
- UK
- Increasing number of smoothie outlets
- Product launches
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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