April 5, 2020
Liquid Smoke

Liquid Smoke Market: Growing Pet Ownership in Developed and Developing Countries

The liquid smokes market is expected to expand at a CAGR of 6.3% from 2017 to 2025.

Liquid smoke is a modern type of food flavoring widely used among meat products, poultry, fish and non-meat foods such as cheese, tofu, etc. Liquid smoke has multiple functional properties, such as its use as an antimicrobial in food preservation, which increases its prominence among the food industry. In addition, the Food and Development Authority (FDA) has approved its status as a Generally Safe Food Additive (GRAS). GRAS food additive gives flavor and color to food products depending on the composition of phenol and carbonyl compounds.

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Due to the growing scope and interest of manufacturers in natural antimicrobials to prevent the spoilage of ready-to-eat poultry and meat products, the market for liquid smoke is experiencing significant growth. The anti-listerial properties of liquid smoke used to slow the formation of lipid oxidation in many meat products are designed to stimulate the market. In addition, during the mixing of the batter, liquid smoke is used as a formulation ingredient in order to eliminate the growth of Listeria in the initial phase and to give the product a smoky flavor. Other factors, such as the lower cost of using liquid smoke for flavor distribution compared to traditional methods, along with the lower environmental impact, are also complementary to the size of the market.

Competitive Insights

Key liquid smoke manufacturers are adopting business expansion strategy by luring distributors with increasing gains to strengthen their partnership across the value chain. Furthermore, ongoing R&D over the various methods of application of liquid smoke in food products such as dripping, surface addition and others has further motivated players to invest heavily on this product. Few key players profiled in the value chain include Red Arrow International LLC, Frutarom Savory Solutions Gmbh, Baumer Food Inc., Ruitenberg Ingredients BV, Kerry Group Plc, MSK Ingredients Ltd., Azelis SA and other notable players.

Key Trends

  • Development of Unique Flavors by Major Manufacturers for Product Differentiation
  • Growing Pet Ownership in Developed and Developing Countries
  • Demand for Ready to Eat Products in Asia Pacific offers Huge Market Scope.

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