Smoke ingredients are used in the food industry to add smoke characteristics to food with or without grilling or roasting the food. Liquid smoke is generated by combustion of hard wood such as maple, beech, oak and hickory. Condensate produced during the combustion process is called liquid smoke. Liquid smoke aids processed food manufacturers to optimize production, improve product characteristics and avoid batch to batch variation. It is widely utilised in the meat and seafood industry to add flavour and colour through methods such as atomising, spraying and dipping.
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This research report on the liquid smoke market provides a detailed analysis of liquid smoke and helps in understanding driving forces for rapid growth of liquid smoke across various applications. This study provides insights about market dynamics and regulations across seven key regions, which are expected to influence the current nature and future status of the liquid smoke market over the forecast period (2015–2025). It also covers the entire liquid smoke ecosystem, including the new technological developments as well as product offerings in the liquid smoke market.
Rising disposable income, growing pet ownership and increasing number of processed food plants, are some of the factors that are further contributing to growth of the liquid smoke market. Increasing consumption of meat products is also propelling adoption of liquid smoke globally. Furthermore, lowered total cost of using liquid smoke as compared to conventional methods is further fuelling adoption of liquid smoke for various applications.
The liquid smoke market report includes FMI’s analysis of key trends, drivers and restraints influencing the global liquid smoke market. Weighted average model is leveraged to identify the impact of key growth drivers and restraints across various geographies, in order to help clients in framing accurate business strategies.
On the basis of application, the market is segmented into meat and seafood, sauces, pet food and treats, diary and others (snacks and bakery and confectionery). The report provides detailed analysis of each application segment in terms of market size (US$ Mn). Key regions assessed in this report are North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East & Africa. The report also provides detailed analysis of key trends, absolute dollar opportunity and BPS analysis of the aforementioned market segments.
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Key Segments Covered
Meat and seafood
Pet food and treats
Others ( snacks and bakery and confectionery)