-- The rising consumption of meat products around the world, increasing customer preference for smoked food products such as salmons and smoked sausages and growing preference for liquid smoke as browning agents, color preservatives, as well as antimicrobial additives are some of the factors that are contributing to growth of the liquid smoke market. However, certain processed meat manufacturers still prefer the traditional method of smoking meat products, as it gives a strong flavor to food mainly to meat products such as beef and pork provides a major restraint in the market. One of the major opportunities for the market growth is growing applications of liquid smoke to impart flavors to hard-boiled candy.
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Liquid smoke is an artificial smoke element, which is used across several recipes to impart the smoky taste and aroma to the food. It is usually obtained in yellow and red color. It is widely used to improve shelf life of foodstuffs without frying or grilling the food. This smoke is majorly produced by the method called pyrolysis. Wood smoke is reduced by igniting the wood chips under partial oxygen content, which is further purified and then fractionated to form oil and dry powder. It is extensively used in the meat and seafood industry to add flavor and color through this process such as atomizing, spraying and dipping.
By application, meat and seafood segment has stimulated the maximum demand for smoke ingredients. The use of smoke ingredients will lend a unique flavor to hard boiled candy is the hottest trend. Moreover, there is a growing demand for smoke ingredients in the food industry in Asia Pacific, and also there is a high demand for ready-to-eat products in this region.
By Geography, North America region has accounted the largest market share due to the presence of maximum number of processed food plants is mainly attributing to regional market growth during the forecast period. Asia Pacific is anticipated to have fastest growth owing to rapid technological advancements in food processing industries along with increasing consumption of smoke flavored food products in this region.
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Some of the key players profiled in the report include Ruitenberg Ingredients BV, Azelis SA, Kerry Group PLC, Ruitenberg Ingredients BV, Besmoke Ltd., MSK Ingredients Ltd., Redbrook Ingredient Services Ltd., B&G Foods, Inc., Colgin, Red Arrow International LLC, Baumer Foods, Inc. and Frutarom Savory Solutions GmbH.
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Products Covered:
• Mesquite
• Apple wood
• Maple
• Hickory
• Other Products
Distribution Channels Covered:
• Convenience Stores
• Discount Stores
• Food & Drink Specialty Store
• Hypermarket/Supermarket
• Other Distribution Channels
Applications Covered:
• Bakery and Confectionery
• Dairy
• Sauces
• Meat and Seafood
• Pet Food
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
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- Strategic recommendations in key business segments based on the market estimations
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Release ID: 349355
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