Asia Pacific Liquid Smoke Market

Asia Pacific Liquid Smoke Market By Application (Meat, Sauces/ marinades, Seafood, Bakery/ Confectionery, and Other Application), By Type (Hickory, Applewood, Mesquite and Other Types), By Distribution Channel (Hypermarkets/ Supermarkets, Convenience Stores, E-commerce and Other Distribution Channel), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

Report Id: KBV-7273 Publication Date: January-2022 Number of Pages: 81
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Market Report Description

The Asia Pacific Liquid Smoke Market would witness market growth of 11.03% CAGR during the forecast period (2021-2027).

Liquid smoke, also known as pyroligneous acid is created from the destructive distillation of wood. They are identical to each other and have no standardized identification methods like prescribed production methods or tests that differentiate between pyroligneous acid and liquid smoke.

In the process of Pyrolysis, several variables are processed to form a broad array of compositions of condensates. Moreover, a wide range of distinctive products can be made by executing further processes like concentration, dilution, distillation, extraction, and usage of food additives.

FSSAI of India suggested that instead of making smoked meat products from exposing it to hard wood, restaurants or customers can simply use liquid smoke, which is safe and better alternative of smoke flavoring. On another hand, meat is supposed to be covered with liquid smoke (water-soluble, oil-based or dry powder) by the means of atomizing (spraying), drenching or directly mixing with meat formulation. Smoking, pressure cooking and steam can be used with cured meat. Other than that, smoking and drying can have detrimental effects on cured meat.

The China market dominated the Asia Pacific Mesquite Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.37 million by 2027. The Japan market would exhibit a CAGR of 12.4% during (2021 - 2027). Additionally, The India market is poised to grow a CAGR of 12.4% during (2021 - 2027).

Based on Application, the market is segmented into Meat, Sauces/ marinades, Seafood, Bakery/ Confectionery, and Other Application. Based on Type, the market is segmented into Hickory, Applewood, Mesquite and Other Types. Based on Distribution Channel, the market is segmented into Hypermarkets/ Supermarkets, Convenience Stores, E-commerce and Other Distribution Channel. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Liquid Smoke Market is Projected to reach USD 109.43 million by 2027, at a CAGR of 9.70%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Azelis Holdings S.A., B&G Foods, Inc., International Flavors & Fragrances, Inc., McCormick & Company, Inc., Kerry Group PLC, Colgin, Inc., MSK Ingredients Limited, PS Seasoning, and Baumer Foods, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Meat
  • Sauces/ marinades
  • Seafood
  • Bakery/ Confectionery
  • Other Application

By Type

  • Hickory
  • Applewood
  • Mesquite and
  • Other Types

By Distribution Channel

  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • E-commerce and
  • Other Distribution Channel

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Azelis Holdings S.A.
  • B&G Foods, Inc.
  • International Flavors & Fragrances, Inc.
  • McCormick & Company, Inc.
  • Kerry Group PLC
  • Colgin, Inc.
  • MSK Ingredients Limited
  • PS Seasoning
  • Baumer Foods, Inc.
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