India Liquid Smoke Market Size & Outlook, 2018-2025
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India liquid smoke market highlights
- The India liquid smoke market generated a revenue of USD 1.5 million in 2018 and is expected to reach USD 2.8 million by 2025.
- The India market is expected to grow at a CAGR of 9.5% 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.
Liquid smoke market data book summary
| Market revenue in 2018 | USD 1.5 million |
| Market revenue in 2025 | USD 2.8 million |
| Growth rate | 9.5% (CAGR from 2018 to 2025) |
| Largest segment | Meat |
| Fastest growing segment | Sauces |
| Historical data | 2015 - 2017 |
| Base year | 2018 |
| Forecast period | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Meat, Sauces, Dairy Products, Pet Food, Other Applications |
| Key market players worldwide | Red 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, India accounted for 2.7% of the global liquid smoke market in 2018.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
- In Asia Pacific, China liquid smoke market is projected to lead the regional market in terms of revenue in 2025.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2.8 million by 2025.
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Liquid Smoke Market Scope
Liquid Smoke Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Besmoke | View profile | 11-50 | Arundel, West Sussex, United Kingdom, Europe | https://www.besmoke.com |
| Redbrook Ingredient Services Ltd | View profile | - | Dublin, Dublin, Ireland, Europe | http://www.redbrookingredients.com/ |
| MSK Ingredients | View profile | 11-50 | Chesterfield, Derbyshire, United Kingdom, Europe | https://msk-ingredients.com/ |
| Colgin | View profile | 11-50 | Dallas, Texas, United States, North America | https://colgin.com |
| Ruitenberg | View profile | 101-250 | Twello, Gelderland, The Netherlands, Europe | https://ruitenberg.com/ |
| Baumer Foods | View profile | 101-250 | Metairie, Louisiana, United States, North America | http://www.baumerfoods.com |
| Red Arrow | View profile | 251-500 | Manitowoc, Wisconsin, United States, North America | http://www.redarrowusa.com/ |
| B&G Foods | View profile | 501-1000 | Parsippany, New Jersey, United States, North America | http://bgfoods.com |
| Azelis Group NV | View profile | 4206 | Posthofbrug 12, Box 6, Antwerp, Belgium, B-2600 | https://www.azelis.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
India 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 33.33% in 2018. Horizon Databook has segmented the India 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.
Reasons to subscribe to India liquid smoke market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India liquid smoke market databook
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Our clientele includes a mix of liquid smoke market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India liquid smoke market , including forecasts for subscribers. This country databook contains high-level insights into India liquid smoke market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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India liquid smoke market size, by application, 2015-2025 (US$M)
India Liquid Smoke Market Outlook Share, 2018 & 2025 (US$M)
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