In our 2019 National Frozen Yogurt Survey, we asked consumers “What other products might you try if a froyo shop offered them?” We found that 55% of our respondents might try shakes and smoothies from a froyo shop. This suggests that people who like frozen yogurt also tend to like smoothies and shakes. The ingredients… Read more »
Posts Tagged: smoothies
A New Thirst for Frozen Beverages
The hottest years on record were 2015, 2016, and 2017. Scorching summer temperatures naturally make people thirsty for frozen beverages. It’s no surprise that we’ve seen growth in frozen beverages. The smoothie market was an estimated $5 billion in 2016. Global Industry Analysts, Inc. projects that smoothies will become a $17 billion global market by 2024. Consumers… Read more »