South Africa Liquid Smoke Market Size & Outlook, 2018-2025

The liquid smoke market in South Africa is expected to reach a projected revenue of US$ 0.7 million by 2025. A compound annual growth rate of 4.1% is expected of South Africa liquid smoke market from 2019 to 2025.
Revenue, 2018 (US$M)
$0.6
Forecast, 2025 (US$M)
$0.7
CAGR, 2019 - 2025
2.2%
Report Coverage
South Africa

South Africa liquid smoke market highlights

  • The South Africa liquid smoke market generated a revenue of USD 0.6 million in 2018 and is expected to reach USD 0.7 million by 2025.
  • The South Africa market is expected to grow at a CAGR of 4.1% from 2019 to 2025.
  • In terms of segment, meat was the largest revenue generating application in 2018.
  • Other Applications is the most lucrative application segment registering the fastest growth during the forecast period.


Liquid smoke market data book summary

Market revenue in 2018USD 0.6 million
Market revenue in 2025USD 0.7 million
Growth rate4.1% (CAGR from 2018 to 2025)
Largest segmentMeat
Fastest growing segmentOther Applications
Historical data2015 - 2017
Base year2018
Forecast period2019 - 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, South Africa accounted for 1.0% 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 Middle East & Africa, South Africa liquid smoke market is projected to lead the regional market in terms of revenue in 2025.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.7 million by 2025.

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Liquid Smoke Market Companies

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South Africa 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 South Africa 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 South Africa 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.).
  • 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 South Africa liquid smoke market , including forecasts for subscribers. This country databook contains high-level insights into South Africa liquid smoke market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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South Africa liquid smoke market size, by application, 2015-2025 (US$M)

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

South Africa liquid smoke market size, by application, 2015-2025 (US$M)

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