South Africa Liquid Smoke Market Size & Outlook, 2018-2025
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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 2018 | USD 0.6 million |
| Market revenue in 2025 | USD 0.7 million |
| Growth rate | 4.1% (CAGR from 2018 to 2025) |
| Largest segment | Meat |
| Fastest growing segment | Other Applications |
| 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, 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 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 |
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
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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 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.
Partial client list
South Africa liquid smoke market size, by application, 2015-2025 (US$M)
South Africa Liquid Smoke Market Outlook Share, 2018 & 2025 (US$M)
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