The Juice and Smoothie Bars industry has grown steadily over the past five years as operators have adapted to rapidly changing consumer preferences. In recent years, the perceived high sugar content of some smoothies and juices has forced the industry to adapt its offering. For this reason, cold press juice, which is made by hydraulically chopping and crushing produce such as spinach, kale and ginger without using heat, thereby yielding highly nutritious juice, has risen to prominence. The industry will continue to evolve over the next five years, in line with consumer preferences. Due to increasing competition and less certainty about future consumer tastes, the industry is expected to become more nimble, with juice bars subletting space from existing retailers.
This industry consists of establishments that primarily sell smoothies and fresh-made juices. A smoothie is a blended, sometimes sweetened beverage primarily made from fresh fruit or vegetables combined with ice, frozen fruit or other frozen ingredients. Some juice and smoothie bars offer add-ins, like soy milk, whey powder, green tea and herbal or nutritional supplements. Revenue from other beverage and food sales is also included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.