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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 2015

Fresh take: The industry will evolve in line with consumer preferences

IBISWorld’s Juice & Smoothie Bars market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 10-15
2.9%
Annual Growth 15-20
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Profit
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Employment
35,861
Businesses
1,435
Industry Analysis & Industry Trends

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.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Juice and Smoothie Bars industry operates in a highly competitive food services sector and is saturated in many markets. Industry growth has slowed to just below the overall economy. In the 10 years to 2020, the industry's contribution to the economy, as measured by industry value added (IVA), is projected to grow at an annualized rate of 1.7%. In comparison, GDP is forecast to rise 2.5% per year on average over the same period.

As competition continues to escalate in the next five years, smaller stores are expected to pay franchise fees to benefit from their marketing and bulk purchases. This will increase the major companies' influence in 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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