openPR Logo
Press release

Liquid Smoke Market Size Is Likely To Reach a Valuation of Around $125.71 Million by 2030

11-09-2022 07:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Liquid Smoke Market Size Is Likely To Reach a Valuation of Around

The global liquid smoke industry generated $68.82 million in 2020, and is anticipated to generate $125.71 million by 2030, witnessing a CAGR of 5.9% from 2021 to 2030.

Prime determinants of growth
Expansion of the retail market and the F&B industry drive the growth of the global liquid smoke market. However, growth in notion of ill-effects of smoke flavors hinders the market growth to some extent. On the other hand, innovations in product offerings are presenting new opportunities in the coming years.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6987

Leading Market Players:-
Azelis S.A.
B&G Foods Inc.
Colgin, Inc.
Kerry Group Plc
McCormick & Company Inc
Msk Ingredient Ltd
Ps Seasoning
Ruitenberg Ingredients B.V.
Smoked Flavours Pty Ltd
Urban Platter

Covid-19 Scenario

The outbreak of the COVID-19 pandemic witnessed a negative impact on the liquid smoke market.
Temporary closure of retail market during the pandemic led to a significant reduction in demand for the retail market hamper the global liquid smoke market.

LIMITED-TIME OFFER - Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/checkout-final/90e90736262ca5b94d518a884d7872bc

The meat segment to maintain its leadership status throughout the forecast period

Based on application, the meat segment held the highest market share in 2020, accounting for more than two-fifths of the global liquid smoke market, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the rise in the consumption of meat products all around the world. Moreover, the sauces/marinades segment is projected to manifest the highest CAGR of 6.6% from 2021 to 2030, owing to changes in taste and preference of consumers that led to adoption of different flavors.

The supermarket/hypermarket segment to maintain its lead position during the forecast period

Based on distribution channel, the supermarket/hypermarket segment accounted for the largest share in 2020, contributing to more than one-third of the global liquid smoke market, and is projected to maintain its lead position during the forecast period. This is owing to increase in adoption of supermarket and hypermarket as shopping centers in both the mature and emerging markets. However, the e-commerce segment is expected to portray the largest CAGR of 6.7% from 2021 to 2030. This is attributed to element of convenience and the option to choose and compare products from different brands.

Europe, followed by North America to maintain its dominance by 2030

Based on region, Europe, followed by North America, held the highest market share in terms of revenue in 2020, accounting for more than one-third of the global liquid smoke market. However, the Asia-Pacific region is expected to witness the fastest CAGR of 7.1% from 2021 to 2030. This is attributed to rise in income level, changing food consumption habits, and presence of large consumer base for the food products.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6987

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Liquid Smoke Market Size Is Likely To Reach a Valuation of Around $125.71 Million by 2030 here

News-ID: 2798797 • Views:

More Releases from Allied Market Research

Curcumin Market Drivers Shaping Future Growth, Revenue $104.19 Million by 2025 | CAGR 8.9%
Curcumin Market Drivers Shaping Future Growth, Revenue $104.19 Million by 2025 | …
According to a new report published by Allied Market Research, titled,"Curcumin Market by Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025" The global curcumin market was valued at $52.45 million in 2017, and is projected to reach $104.19 million by 2025, registering a CAGR of 8.9% from 2018 to 2025. In 2017, the pharmaceutical segment accounted for more than 50% share of the global curcumin market in terms
Crop Micronutrients Market Size to Witness Astonishing Growth: $11,532.36 Million
Crop Micronutrients Market Size to Witness Astonishing Growth: $11,532.36 Millio …
According to a new report published by Allied Market Research, titled, Crop Micronutrients Market by Form, Product Type, Crop Type, and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025 the global crop micronutrients market was valued at $6,077.05 million in 2017, and is projected to reach $11,532.36 million by 2025, registering a CAGR of 8.3% from 2018 to 2025. In 2017, the soil application segment accounted for more than 50%
Silicon Fertilizers Market Projected To Reach Approximately $125.8 Mn by 2025
Silicon Fertilizers Market Projected To Reach Approximately $125.8 Mn by 2025
Allied Market Research published a report, titled, "Silicon Fertilizer Market by Type (Calcium Silicate, Potassium Silicate and Sodium Silicate), Form (Liquid and Solid), and Application (Field Crops, Horticultural Crops, Hydroponics, and Floriculture): Global Opportunity Analysis and Industry Forecast, 2016-2025." Increased demand for wheat and rice crops coupled with benefits offered by silicon on crop field have boosted the growth of the global silicon fertilizers market. In addition, adoption of
Asia-Pacific Condiments Market to Reach $71.86 Bn by 2025 at 5.8% CAGR
Asia-Pacific Condiments Market to Reach $71.86 Bn by 2025 at 5.8% CAGR
Allied Market Research published a report, titled, Asia-Pacific Condiments Market by Type (Marinade, Sauce, Ketchup, Mayonnaise, Pickle, and Others), Application (Meat & Seafood Product, Convenience & Ready Meal, Snack, Baked Goods, and Others), and Form (Liquid, Paste, and Dry): Opportunity Analysis and Industry Forecast, 2018-2025. Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/5066 Increase in cross-cultural interaction owing to globalization and increased foreign travel drives the Asia-Pacific condiments market. Moreover, rise in

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,