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Smoke Ingredients for Food Market to Record an Exponential CAGR by 2025

03-19-2018 07:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Smoke Ingredients for Food Market to Record an Exponential CAGR

Smoke ingredients are used in food industry to add smoke characteristics to food with or without grilling or roasting the food. Liquid smoke is generated by the combustion of hard woods such as maple, beech, oak or hickory plants. During combustion process condensate is collected and this is called liquid smoke. While barbequing and grilling, food burning chances are more but using standard smoke ingredients can solve this problem and aid food manufacturers to optimize production, improve product characteristics and avoid batch to batch variation as these ingredients accelerate the maillard reaction, develop colour and add roasted type flavours. Smoke ingredients include grill, smoke, hickory and other natural hardwood sources. Smoke ingredients are used in atomization, drenching or showering of flavours, direct addition and dry forms at different processing stages. Smoke ingredients are used in food such as meat, poultry, seafood, sauces, snacks, seasonings, crackers, bread and dressings.

Smoke Ingredients for Food Market: Segmentation

Smoke ingredients for food market is segmented on the basis of form type as liquid, powder, oil and others (concentrates and emulsions). Among these segments liquid smoke ingredients are widely used in food industry, due to its easy handling, high water solubility and thus it contributes to highest share in terms of revenue. Powder form is used in premixes and mixed with salts, colorant and spice mixes. Kosher salts are also used in powder form. Concentrate type is consumed in a very small quantity and it is applied to meat product by spraying. Oil is used as media in smoke industry, while smoking oil is used to capture the fumes and traps flavours in oil. Smoked oils are used in barbeque products also used in low water content products such as marinades, cheese, dried sausage and bacon.

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Smoke ingredients for food market is further segmented on the basis of application such as meat and seafood, bakery and confectionery, dairy and others (snacks and sauces). Among these segments meat and seafood contributes the highest market share and bakery and confectionery segment is expected to grow during forecast period. As per the latest trend in confectionary products, manufacturers are using smoke ingredients in hard boiled candy to impart unique aroma to final product. On many pizza toppings smoke flavoured cheese is most preferred choice.

Smoke Ingredients for Food Market: Region-wise Outlook

Smoke ingredients for food market is segmented on the basis of region includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America and Europe is mature market for smoke ingredients for food and emerging economies such as Asia Pacific provide opportunities for growth in forecast period. Increasing technological advancement in food processing industries and rising consumption of smoke flavoured food products in Asia Pacific and Middle East and Africa is expected to promote use of smoke ingredients for food in forecast period. With increasing demands for processed food and ready-to-eat products is driving the market and is expected to register healthy CAGR during forecast period.

Smoke Ingredients for Food Market: Drivers

Smoke ingredients for food are used in various processed food products to give exotic smoky flavour without burning the outer cover of products. Food manufactures are using smoke ingredients as these are easy to use and handle. Smoke ingredients for food are used in vegetarian diet to give a feel of smoked meat. Consumer prefers to buy smoke ingredients and make their food at home so many online stores like Misty Gully Smokehouse Flavours (Smoked & Cured) and The Smoked Olive LLC offers smoke ingredients and selling their products through online stores.

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Smoke Ingredients for Food Market: Key Players

The key international players operating in smoke ingredients for food market includes Azelis, Associated British Foods plc., Besmoke, Dempsey Corporation, FRUTAROM Savory Solutions GmbH, Kerry Ingredients , Red Arrow, Redbrook Ingredient Services, MSK and WIBERG GmbH.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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