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Smoothies - Global Strategic Business Report Description:

This report analyzes the worldwide markets for Smoothies in US$ Million. The US market is additionally analyzed by the following Types: Made-to-order Smoothies, and Packaged Smoothies. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 73 companies including many key and niche players such as Barfresh Food Group, Inc. Bolthouse Farms Boost Juice Bars Ltd. Crussh Juice Bars Ltd. Ella's Kitchen (Brands) Ltd.

Contents:

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS Study Reliability and Reporting Limitations Disclaimers Data Interpretation & Reporting Level Quantitative Techniques & Analytics Product Definitions and Scope of Study Made-to-order Smoothies Packaged Smoothies II. EXECUTIVE SUMMARY 1. INDUSTRY OVERVIEW Smoothies Promising Health Benefits to Drive Market Growth Smoothie Market Key Trends & Drivers in a Nutshell Developing Economies to Offset Declining Smoothies Sales in Developed Regions Fruit-Based Smoothies Dominate the Market Innovative, Healthy, and Fortified Smoothies Flood the Market Organic and Non-GMO Smoothies to Witness Significant Growth Functional Smoothies Market Positioned for Growth Table 1: Smoothie Market as a Percentage of Juice Retail Value Sales in the US and UK (2008-2013) (includes corresponding Graph/Chart) Pepsi & Coca-Cola Compete Hard in Functional Smoothies Market High-Sugar Content, High Prices & Changing Consumer Tastes Challenges Confronting Smoothies Market Competitive Scenario Product Differentiation Critical Strategy for Success 2. NOTEWORTHY TRENDS, DRIVERS AND ISSUES Smoothie Market Turns Attention to Address the Unique Needs of Millennials Table 2: Millennial Population in Select Countries (2015) (includes corresponding Graph/Chart) Customization Tops the List Inherent Health Benefits of Smoothies to Drive Market Growth

Higher Fiber Content in Smoothies Makes the Category More Promising than Juices Juices Vs Smoothies An Unending Debate Hectic Lifestyles Trigger On-the-Go Smoothie Consumption Smoothies Emerge as Replacement of Meals Smoothie Bowls The Next Big Trend in Healthy Foods Space Supercharged Green Juice & Smoothie Diet The Latest Fad Green Smoothies Are Health Benefits Just Hype? How Real is the Health Risk Associated with Smoothies? Juice & Smoothie Bars Smoothies Increasingly Making their Way into Restaurant Menus Traditional Foodservice Operators & Juice Bars Looking to Transform into Smoothie Outlets Smoothie Blending Attractive Proposition for C-Stores Megatrends with Significant Implications for Smoothies Market Expanding Middle Class Population in Emerging Markets Offer Increased Growth Prospects Table 3: Global Middle Class Population (in Millions) by Geographic Region: 2010, 2020P & 2030P (includes corresponding Graph/Chart) Table 4: Global Middle Class Population by Geographic Region: Percentage Share Breakdown for 2010, 2020P & 2030P (includes corresponding Graph/Chart) Rising Disposable Incomes Propel Market Growth Table 5: Global Per Capita Disposable Income (2011-2015E) (includes corresponding Graph/Chart) Table 6: Annual Disposable I¬ncomes in US$ ‘000 for Select Countries (2012) (includes corresponding Graph/Chart) Expanding Urban Population Spurs Growth Table 7: Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart) Table 8: Urban Population as a % of Total Population by Geographic Region for the Years 1990, 2014 & 2050 (includes corresponding Graph/Chart) Table 9: Percentage of Urban Population in Select Countries (2010 & 2050) (includes corresponding Graph/Chart) Packaging Innovations Facilitate Vendors to Expand Customer Base New, Innovative Sans Bottle for Preserving Juices and Smoothies 3. SMOOTHIES AN OVERVIEW What is a Smoothie? Evolution of Smoothies Smoothie Types Type of Smoothies Based on Availability in Market Made-to-order Smoothies Packaged Smoothies Product Categories Shelf Stable Smoothie Powered Based Smoothie Frozen Mix Smoothie Individually Quick Frozen Smoothie Smoothie Mixes Smoothies vs. Juice Table 10: Nutritional Analysis of Smoothies and Orange Juice Nutritional Value Benefits of Smoothies Super Fruits Deliver Medicinal Benefits 5-A-Day Concept Public Health Campaign Contribution of Smoothies towards 5-A-Day Requirements Concerns Related to Smoothie Consumption Impact of Smoothies on Dental Health Processing & Labeling Packaging and Distribution Types of Packaging

Aseptic Cartons PET Bottles 4. PRODUCT INTRODUCTIONS/INNOVATIONS FARMI Piimatööstus Launches Yoghurt Smoothies & Rjazenka Savse Rolls Out Purple Carrot Smoothie Dunkin Donuts Releases New Fruit Smoothie Smoothie King Introduces New Summer Hydration Smoothies Jamba Juice Unveils Island Getaway Smoothies Sweetie Pie Rolls Out Lactation Smoothie in Whole Foods Stores RiceBran Technologies Releases NukaCha® Shake ‘n Go CytoSport Rolls Out Two New Products under Muscle Milk® Brand Borden Dairy Releases Lala Greek Yogurt Smoothies Smoothie King Unveils new Veggie Avocado Pineapple LTO Smoothie Dr. Smoothie Rolls Out ADDins with Three Functional Blends Westlife & McDonald's Roll Out McCafe Haitai Beverage Introduces Two ‘Sunkist’ Smoothies Evolution Fresh Unveils Evolution Fresh Smoothies Smoothie King Introduces King Cake Smoothie Smoothie King Develops Immune Builder Smoothies Jamba Juice Unveils Almond Milk Smoothies Tropical Smoothie Café Launches New Smoothie Flavours Inventure Foods Develops organic varieties of Strawberries Wild® & Razzmatazz® Innocent Introduces Two Pure Fruit Smoothies Dunkin Donuts Unveils Coolatta® Lite & Frozen Dunkaccino® B’more Organic Rolls Out Strawberry Skyr Smoothie Smoothie King Launches New Smoothie “Peach Papaya” Café Coffee Day Rolls Out Slushes & Smoothies Dannon & Evolution Fresh Introduces Evolution Fresh Smoothies Starbucks & Danone Unveils Smoothie Line Del Monte Unveils Fresh Fruit Smoothies Daily Greens™ Introduces Green-Focused Smoothie Line Stonyfield Organic Develops Organic Protein Smoothies PepsiCo Rolls Out Naked Juice Smoothies Planet Smoothie Develops New Smoothie Line Smoothie King Rolls Out Dark Chocolate Smoothies Agro Innova Launches Suavva Cacao Smoothies Smoothie King Launches Two New Vegan Smoothies Bolthouse Farms Develops Two New Smoothies Flavours Alpina Foods Relaunches Alpina Avena Oatmeal Smoothies Smoothie King Rolls Out Three New Greek Yogurt Smoothies Jamba Juice Unveils Two Smoothies Papaya Paradise and Papaya Sunrise Smoothie King Rolls Out Apple Kiwi Bunga and Strawberry Bluegurt Blitz Smoothie King Unveils New Veggie Blend Smoothies Jamba Juice Develops Three New or Enhanced Smoothies Innocent Rolls out Super Smoothies Jamba Juice Releases Whole Food Nutrition Smoothies Greenbee Unveils Greenbee Super Smoothie & Super Cleanses Friesland Campina Rolls Out Yazoo Yogurt Smoothie DaVinci Gourmet Releases New Smoothies Orange Leaf Frozen Yogurt Launches Self-serve Smoothies Planet Smoothie Unveils Superfruit Smoothies Suja Unveils Suja Elements Pinkberry Rolls Out Pinkberry Smoothies Dairy Queen system Launches Orange Julius Light Smoothies Innocent Releases Extra Juicy Smoothie Jamba Juice Rolls Out Children's Meals Red Mango Introduces 22 New Probiotic Smoothies Jamba Juice along with Inventure Foods Develops Green Fusion Ground-Based Nutrition Unveils Superfood Protein Smoothie Stonyfield Rolls Out YoKids Smoothies Dairy Queen Releases Light Smoothies Jamba Juice Rolls Out Two New Smoothie Flavours for Its JambaGO®

Stonyfield Releases Yogurt Smoothies Dr. Smoothie Unveils Veggie Smoothies in Crushed® 5. RECENT INDUSTRY ACTIVITY Smoothie King Enters into a Partnership with Brooke Sweat & Emily Day McDonald's Enters into a Partnership with Chobani Kahala Brands Acquires Maui Wowi Hawaiian Barfresh Enters into Agreement with PepsiCo Smoothie Factory Opens Stores & Outlets in India Smoothie King Opens New Shop Kahala Brands™ Takes Over Planet Smoothie® & Tasti D-Lite™ Hain Celestial Group Inks Agreement with Lifestyle Brand Blueprint Coca-Cola Snaps Up Innocent Smoothies 6. FOCUS ON SELECT PLAYERS Barfresh Food Group, Inc. (US) Bolthouse Farms (US) Boost Juice Bars Ltd. (Australia) Crussh Juice Bars Ltd. (UK) Ella's Kitchen (Brands) Ltd (UK) Freshëns® Quality Brands (US) Innocent Ltd. (UK) Jamba Juice Company (US) Maui Wowi Hawaiian Coffees & Smoothies (US) Naked Juice Company (US) Orange Julius of America (US) Planet Smoothie (US) Red Mango FC, LLC (US) Robeks Fresh Juices & Smoothies (US) Smoothie King Franchise, Inc. (US) Surf City Squeeze (US) Stonyfield Farm, Inc. (US) Suja Life, LLC (US) TCBY Systems, LLC (US) Tropical Smoothie Cafe (US) 7. GLOBAL MARKET PERSPECTIVE Table 11: World Recent Past, Current and Future Analysis for Smoothies by Geographic Region US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 12: World Historic Review for Smoothies by Geographic Region US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) Table 13: World 14-Year Perspective for Smoothies by Geographic Region Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for the Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) III. MARKET 1. THE UNITED STATES A.Market Analysis Smoothie Market An Overview An Outline of Typical Customer Profile of Smoothies Smoothies Market Impact of Economic Downturn Table 14: Per Capita Disposable Income of Americans (2005-2015) (In $ Thousands) (includes corresponding Graph/Chart) Smoothie Makers Experiment with New Ingredients & Blends Healthy Food Choices of Americans Fuel Growth Opportunities for Smoothie Market Consumers Shifting to Less-Sugar Smoothie Varieties

Conveying Nutritional Advantages of Smoothies Essential for Increasing Consumption Levels among Boomers Smoothies A Regular Beverage for Millennials Rather than a Healthy Drink Consumers Choose Smoothies to Consume Daily Recommended Vegetables Customization Makes Smoothies Highly Appealing for Consumers Rising Popularity of Smoothies Bodes Well for Frozen Fruits Market Smoothie Bowls and International Flavors Innovations Designed to Entice Consumers Acai Berry Juice A Popular Consumer Choice Smoothies A Promising Segment in the Refrigerated Juice & Juice Drinks Market Table 15: Refrigerated Juice and Juice Drinks Market in the US (2015): Percentage Share Breakdown of Value Sales for Apple Juice, Blended Juice, Cider, Grapefruit Juice, Juice & Juice Drink Smoothies, Lemonade Juice, Orange Juice, Vegetable Juice and Other Fruit Juices (includes corresponding Graph/Chart) Table 16: Leading Brands in the US Market for Refrigerated Juice and Juice Drink Smoothie Market (2015): Percentage Share Breakdown of Sales for Bolthouse Farms, Bolthouse Farms C Boost, Naked Juice Protein Zone, Naked Juice, Naked Juice Superfood, Odwalla, Odwalla C Monster, Suja Essentials and Others (includes corresponding Graph/Chart) Functional Smoothies Gain Momentum Table 17: Nutrients Available in Fruit Juices (includes corresponding Graph/Chart) Juice and Smoothie Bars Innovate to Stay in Competition Competition Table 18: Leading Players in the US Juice and Smoothie Bar Market (2015): Percentage Share Breakdown of Revenues for Jamba Inc., Smoothie King and Others (includes corresponding Graph/Chart) The Rise of Jamba Juice Brand in Recent Past Smoothie King A Strong Competitor Smoothie Café: A Promising Company Maui Wowi Hawaiian Coffees & Smoothies: Leading Smoothie Bar Franchise Robeks: Health Focused Smoothie Franchise Fast Food Industry Majors Look to Grab a Share of the Lucrative Smoothies Pie North American Smoothie Chains Look to Expand Presence in International Markets FDA Relaxes Standards for Defining Smoothie Product Innovations/Introductions Strategic Corporate Developments Key Players B.Market Analytics Table 19: US Recent Past, Current and Future Analysis for Smoothies by Smoothie Type Made-to-Order and Packaged Smoothie Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 20: US Historic Review for Smoothies by Smoothie Type Made-to-Order and Packaged Smoothie Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) Table 21: US 14-Year Perspective for Smoothies by Smoothie Type Percentage Breakdown of Dollar Sales for Made-to-Order and Packaged Smoothie Markets for the Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) 2. CANADA Market Analysis Table 22: Canadian Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 23: Canadian Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 3. JAPAN Market Analysis Table 24: Japanese Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 25: Japanese Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart)

4. EUROPE Market Analysis Table 26: European Recent Past, Current and Future Analysis for Smoothies by Geographic Region France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 27: European Historic Review for Smoothies by Geographic Region France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) Table 28: European 14-Year Perspective for Smoothies by Geographic Region Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for the Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) 4a. FRANCE Market Analysis Table 29: French Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 30: French Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 4b. GERMANY Market Analysis Table 31: German Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 32: German Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014(includes corresponding Graph/Chart) 4c. ITALY Market Analysis Table 33: Italian Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 34: Italian Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 4d. THE UNITED KINGDOM A.Market Analysis Smoothies Market An Overview Changing Consumer Preferences Sustains Juice & Smoothie Bars Industry New Startups Venture into Juice and Smoothie Market Competitive Landscape Table 35: Leading Brands in the UK Smoothie Market (2015): Percentage Share Breakdown of Retail Value Sales for Innocent, Naked and Others (includes corresponding Graph/Chart) Strategic Corporate Developments Key Players B.Market Analytics Table 36: UK Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 37: UK Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 4e. SPAIN Market Analysis Table 38: Spanish Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 39: Spanish Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 4f. RUSSIA Market Analysis Table 40: Russian Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 41: Russian Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart)

4g. REST OF EUROPE A.Market Analysis Current and Future Analysis Product Innovations/Introductions B. Market Analysis Table 42: Rest of Europe Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 43: Rest of Europe Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 5. ASIA-PACIFIC Market Analysis Table 44: Asia-Pacific Recent Past, Current and Future Analysis for Smoothies by Geographic Region China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 45: Asia-Pacific Historic Review for Smoothies by Geographic Region China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) Table 46: Asia-Pacific 14-Year Perspective for Smoothies by Geographic Region Percentage Breakdown of Dollar Sales for China, India and Rest of Asia-Pacific Markets for the Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) 5a. CHINA Market Analysis Table 47: Chinese Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 48: Chinese Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 5b. INDIA A.Market Analysis Smoothies to Benefit from Rising Prominence of Healthy Living Strategic Corporate Developments B.Market Analytics Table 49: Indian Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 50: Indian Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 5c. REST OF ASIA-PACIFIC A.Market Analysis Current and Future Analysis Australia Smoothie and Juice Bars Industry to Witness Steady Growth in Australia Product Innovations/Introductions Boost Juice Bars Ltd. (Australia) A Key Player B.Market Analytics Table 51: Rest of Asia-Pacific Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 52: Rest of Asia-Pacific Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) 6. LATIN AMERICA Market Analysis Table 53: Latin American Recent Past, Current and Future Analysis for Smoothies by Geographic Region Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 54: Latin American Historic Review for Smoothies by Geographic Region Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) Table 55: Latin American 14-Year Perspective for Smoothies by Geographic Region

Percentage Breakdown of Dollar Sales for Brazil and Rest of Latin America Markets for the Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) 7. REST OF WORLD A.Market Analysis Current and Future Analysis Product Innovation/Introduction B.Market Analytics Table 56: Rest of World Recent Past, Current and Future Analysis for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2015 through 2022 (includes corresponding Graph/Chart) Table 57: Rest of World Historic Review for Smoothies Analyzed with Annual Sales Figures in US$ Million for the Years 2009 through 2014 (includes corresponding Graph/Chart) IV. COMPETITIVE LANDSCAPE Total Companies Profiled: 73 (including Divisions/Subsidiaries 78) The United States (55) Canada (3) Europe (14) - Germany (1) - The United Kingdom (7) - Rest of Europe (6) Asia-Pacific (Excluding Japan) (5) Middle-East (1)

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