NEW YORK, April 29, 2021 /PRNewswire/ —
The smoothies market is expected to grow by USD 7.03 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the smoothies market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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The smoothies market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Smoothies Market Participants:
Barfresh Food Group Inc.
Barfresh Food Group Inc. operates business through various segments such as Education, Commercial, and Non-Commercial. The company offers smoothies in various flavors such as banana cashew, creamy vanilla, and others flavors.
Danone SA operates business through various segments such as Specialized Nutrition, Essential Dairy, and Plant-Based Products, and Waters. The company offers strawberry oatmeal smoothies.
J Sainsbury Plc
J Sainsbury Plc operates business through various segments such as Retail, Financial Services, and Property Investments. The company offers smoothies in various flavors such as banana, mango, strawberry, and other flavors.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown:
Smoothies Market 2021-2025: Segmentation
The smoothies market is segmented as below:
- Fruit Based
- Out Of Home
- At Home
- North America
- South America
- The Middle East and Africa
The smoothies market is driven by increasing awareness about the health benefits of smoothies. In addition, the increasing urbanization and changing consumer lifestyles are expected to trigger the smoothies market toward witnessing a CAGR of over 6% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/smoothies-market-industry-analysis
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