Latin America Liquid Smoke Market Size & Outlook
Latin America liquid smoke market, 2015-2025 (US$M)
Related Markets
Latin America liquid smoke market highlights
- The Latin America liquid smoke market generated a revenue of USD 5.8 million in 2018.
- The market is expected to grow at a CAGR of 6.3% 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, Brazil is expected to register the highest CAGR from 2019 to 2025.
Latin America data book summary
| Market revenue in 2018 | USD 5.8 million |
| Market revenue in 2025 | USD 9.0 million |
| Growth rate | 6.3% (CAGR from 2018 to 2025) |
| Largest segment | Meat |
| Fastest growing segment | Sauces |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 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, Latin America region accounted for 10.3% 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 Scope
Liquid Smoke Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 34.48% in 2018. Horizon Databook has segmented the Latin America 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 Latin America 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 continent-level data and insights on the Latin America liquid smoke market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America liquid smoke market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America liquid smoke market size, by country, 2015-2025 (US$M)
Latin America Liquid Smoke Market Outlook Share, 2018 & 2025 (US$M)
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