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Juice & Smoothie Bars in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Juice & Smoothie Bars Market Research Report | Consumer Goods & Services | Food Service & Drinking Places | May 2014

Juiced up: Companies will expand operations and offerings to stay competitive

IBISWorld’s Juice & Smoothie Bars market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Jamba Inc. Jamba Inc. market share
Smoothie King Smoothie King market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
2.3%
Annual Growth 14-19
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Profit
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Employment
34,996
Businesses
1,419
Industry Analysis & Industry Trends

A drop in disposable income and escalating competition depressed demand for industry products in the past five years. In particular, competition increased from fast-food chains and frozen yogurt shops, many of which recently added smoothies and juices to their menus. In response, small juice and smoothie bars have been franchising in order to consolidate marketing costs. Over the coming years, these trends are forecast to continue. To stay competitive and drive revenue growth, companies will expand offerings and look to markets overseas.... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the Juice and Smoothie Bars industry has been squeezed by changing consumer preferences and the slow economic recovery. The recession took its toll on the industry as consumers cut back on spending due to lower disposable incomes and uncertainty about the economy's outlook. During the subsequent recovery, changing consumer preferences forced smoothie and juice bar operators to innovate their menus. The industry is particularly susceptible to the whims of the consumer, as its products are discretionary and tend to rely heavily on crazes or fads within the popular culture. Greater demand for unpasteurized vegetable juices has presented an opportunity for new operators to enter the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Juice & Smoothie Bars Industry?

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.

Industry Products
SmoothiesJuicesOther products
 
Industry Activities
Selling fresh-made juice drinksSelling fresh-made smoothiesSelling other beverage and food items


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