The Asia Pacific Smoothies Market would witness market growth of 9.3% CAGR during the forecast period (2022-2028).
Majority of fresh green leafy vegetables have a bitter taste, although this can be mitigated by selecting fewer bitter veggies or mixing them with fruits or other sweet components. A protein smoothie consists of water or a dairy-based beverage, protein powder, fruits, and vegetables. They can be used at any time of the day as a protein supplement for those who intend to improve their protein consumption.
When combined individually with milk or water, protein powder can have a gritty flavor. By using fruits or other sweeteners, the protein smoothie enhances the flavor of the protein powder. For some individuals, smoothie meal replacements might help them achieve a caloric deficit while supplementing their typical diet with essential nutrients.
For some, consuming smoothies for weight loss can backfire, causing them to gain weight and, worse, bring them closer to developing type 2 diabetes. Some dietitians enjoy smoothies for these reasons, while others urge their customers not to consume them or to prepare them with care. Smoothies are an excellent way to consume additional protein and nutrients with less effort, and they may also aid with weight loss.
The smoothies market in the region is anticipated to rise significantly in the region as a result of the major non-alcoholic beverages industry of regional countries, such as India. In addition, according to the Inside India Trade, in 2015-16, the Non-Alcoholic Beverage market in India generated total sales of 20 billion liters valued at $10 billion. In terms of consumption in India, carbonated drinks contribute to 4.2 billion liters whereas fruit-based beverages account for 1.5 billion liters. Off-trade sales, i.e., those that occur at retail outlets, like grocery shops, hypermarkets, and supermarkets, account for about 70% of Non-Alcoholic Beverage sales in India.
The China market dominated the Asia Pacific Smoothies Market by Country in 2021; thereby, achieving a market value of $882.3 million by 2028. The Japan market is registering a CAGR of 8.7% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 10.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
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.
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