What are the key end-use segments in the Liquid Smoke industry?
Liquid smoke
market is anticipated to expand at a significant CAGR in the upcoming period as
the scope, product types, and its applications are increasing across the globe.
The emerging trend in the market is pet humanization, wherein pet owners treat
their pets like family members is propelling spending on pet food products and
best pet care. This trend, particularly dominant in Europe and North America is
anticipated to surge demand for premium pet food. This in turn, is estimated to
propel development of the pet treats and food sector in the market.
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Market could
be explored by product type, application, distribution channel and geography.
Market by product type could span Applewood, Hickory, Mesquite and Others (Oak
and Maple). The key applications that could be explored in the market include
Pet food & Treats, Seafood & Meat, Sauces, Dairy and Others
(confectionery and Bakery). The “Meat and Seafood” segment accounted for a
prominent share in the market. It is likely to witness substantial growth in
the years to come. The market could be explored based on distribution channel
as hypermarkets/supermarkets, convenience stores, discount stores, food and
drink specialty stores, and among others.
North
America is a leading region in the liquid smoke market. It is likely to
maintain its dominance in the forecast period owing to factors, such as the
occurrence of many plants of treated food in the region. These plants use
liquid smoke for improving the smoky qualities of food items and avoiding
differences in different batches of food. North America is followed by the
Asia-Pacific region owing to the high demand for ready-to-eat products, growing
consumption of Smokey flavors in food compound in the region and technological
advancements associated to food processing industries.
Liquid smoke Market Segment:
Geographically, this report is
segmented into several key Regions, with production, consumption, revenue
(million USD), market share and growth rate of Liquid Smoke in these regions,
from 2012 to 2023 (forecast), covering
• North
America (United States, Canada and Mexico)
• Europe
(Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South
America (Brazil, Argentina, Columbia)
• Middle
East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Liquid Smoke market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
• Azelis
• Besmoke
• Frutarom
Savory
• Red Arrow
International
• Redbrook
Ingredient Services
• MSK
Specialist Ingredients
• Kerry
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On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
• By Hickory
• By
Mesquite
• By
Applewood
• Others
On the basis on the end
users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate of
Liquid Smoke for each application, including
• Meat and
Seafood
• Sauces
• Pet Food
• Dairy
• Others
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