The health and wellbeing trend that started in the early 2000s has contributed to the Juice and Smoothie Bars industry's ongoing success. Consumer concerns regarding the link between unhealthy diets and chronic health problems, such as heart disease and obesity, have driven industry revenue growth over the past five years. Industry revenue is expected to increase at an annualised 4.2% over the five years through 2014-15, to reach $348.5 million.
The largest player, Boost Juice Bars, has continued to dominate the industry over the past five years. The company rapidly expanded its operations during the early 2000s, capitalising on the health and wellbeing boom.
This industry sells smoothies and freshly made juices. A smoothie is a blended, sometimes sweetened, beverage primarily made from fresh fruit or vegetables combined with ice. They may contain chocolate, honey, syrup, milk, yoghurt or ice cream. This industry only includes establishments whose primary operations include the production of juice and smoothies.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.