Europe Liquid Smoke Market Size & Outlook, 2018-2025

The liquid smoke market in Europe is expected to reach a projected revenue of US$ 28.9 million by 2025. A compound annual growth rate of 7.6% is expected of Europe liquid smoke market from 2019 to 2025.
Revenue, 2018 (US$M)
$17.3
Forecast, 2025 (US$M)
$28.9
CAGR, 2019 - 2025
7.6%
Report Coverage
Europe

Europe liquid smoke market highlights

  • The Europe liquid smoke market generated a revenue of USD 17.3 million in 2018.
  • The market is expected to grow at a CAGR of 7.6% from 2019 to 2025.
  • In terms of segment, meat was the largest revenue generating application in 2018.
  • Sauces is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2019 to 2025.


Europe data book summary

Market revenue in 2018USD 17.3 million
Market revenue in 2025USD 28.9 million
Growth rate7.6% (CAGR from 2018 to 2025)
Largest segmentMeat
Fastest growing segmentSauces
Historical data covered2015 - 2017
Base year for estimation2018
Forecast period covered2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationMeat, Sauces, Dairy Products, Pet Food, Other Applications
Key market players worldwideRed Arrow, Baumer Foods, Azelis Group NV, B&G Foods, Ruitenberg, Colgin, Kerry Group PLC Class A, MSK Ingredients, Redbrook Ingredient Services Ltd, Besmoke


Other key industry trends

  • In terms of revenue, Europe region accounted for 30.6% of the global liquid smoke market in 2018.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2025.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 18.9 million by 2025.

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Liquid Smoke Market Companies

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Europe liquid smoke market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liquid smoke market will help companies and investors design strategic landscapes.


Meat was the largest segment with a revenue share of 32.95% in 2018. Horizon Databook has segmented the Europe liquid smoke market based on meat, sauces, dairy products, pet food, other applications covering the revenue growth of each sub-segment from 2015 to 2025.


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Target buyers of Europe liquid smoke market databook

  • Our clientele includes a mix of liquid smoke market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe liquid smoke market , including forecasts for subscribers. This continent databook contains high-level insights into Europe liquid smoke market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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Europe liquid smoke market size, by country, 2015-2025 (US$M)

Europe Liquid Smoke Market Outlook Share, 2018 & 2025 (US$M)

Europe liquid smoke market size, by country, 2015-2025 (US$M)

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