Liquid smoke is the type of artificial smoke, which is produced by the pyrolysis method. Liquid smoke is used in various cuisines in order to add smoky flavor and aroma to the food. It is usually available in red and yellow colors. The rise in usage of the liquid smoke globally is mainly attributed to its widespread use for improving the shelf life of food products, without additional processes such as grilling and roasting.
Market Dynamics
The global liquid smoke market has witnessed significant growth in recent past years, owing to the increasing preferences for smoked food items such as barbeque flavors and sauces among consumers. Furthermore, the rise in consumption of dairy based products in countries in Asia Pacific region, such as India and China has led to the surge in the growth of the global liquid smoke market in recent past years. Liquid smoke is used as browning agents, color preservatives and antimicrobial additives which in turn is expected to fuel the growth of the liquid smoke market globally.
On the basis of application, global liquid smoke market can be segmented into meat & seafood, sauces, pet food & treats, dairy, others. The meat & seafood segment is expected to witness substantially growth during the forecast period, owing to the rising demand and consumption of various meat products across the globe. This scenario is expected to foster growth of the global liquid smoke market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of global liquid smoke market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global liquid smoke market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plant
- Key companies covered as a part of this study includes Azelis, Besmoke, FRUTAROM Savory Solutions GmbH, Red Arrow International LLC, Redbrook Ingredient Services Ltd, MSK Specialist Ingredients, Kerry, Inc., Ruitenberg Ingredients, B&G Foods, Inc. (Wrights), and Baumer Foods, Inc.
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global Liquid smoke market report caters to various stakeholders in this industry including investors, suppliers, global liquid smoke manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global liquid smoke market
Detailed Segmentation:
- Global Liquid Smoke Market, By Application:
- Meat and Seafood
- Sauces
- Pet Food and Treats
- Dairy
- Others
- Global Liquid Smoke Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Azelis
- Besmoke
- FRUTAROM Savory Solutions GmbH
- Red Arrow International LLC
- Redbrook Ingredient Services Ltd
- MSK Specialist Ingredients
- Kerry, Inc.
- Ruitenberg Ingredients
- B&G Foods, Inc. (Wrights)
- Baumer Foods, Inc.