Liquid Smoke Market Size To Reach $131.1 Million By 2030

Liquid Smoke Market Growth & Trends

The global liquid smoke market size is expected to reach USD 131.1 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% over the forecast period. Growing popularity of liquid smoke as functional ingredients in manufacturing processed foods on account of its easy handling characteristics and high water solubility is expected to remain a key driving factor in the market. Furthermore, increasing consumption of barbeque dishes among working class population of developing economies including China and India is expected to open new avenues for the industry over the next few years.

North America dominated the global industry in 2024. This region is expected to foresee gains due to shifting preference for liquid smoke as browning agents, color stabilizers, and antimicrobial additives in the meat and sauce industry of U.S. and Canada. Furthermore, strong brand foothold of key liquid smoke industry participants including Red Arrow International LLC and Colgin through their well-established distribution networks in U.S. is projected to remain a favorable trend in the near future.

Asia Pacific is projected to experience the fastest growth, with a CAGR of 8.4% from 2025 to 2030. This revenue growth is attributed to the positive outlook towards the food processing industry in the countries including China and India, wherein the governments are framing favorable laws and investments are increasing by multi-national companies. These policies are expected to expand the scope of liquid smoke as functional ingredients in manufacturing various processed foods produced in the aforementioned countries.

The meat segment dominated the global liquid smoke industry with a revenue share of 31.2% in 2024. Meat products have been the largest application segment for this product, wherein the primary purpose behind its use is to give a smoky taste to the meat products, such as barbeque sausages and salmon.

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Liquid Smoke Market Report Highlights

• The meat segment dominated the global liquid smoke industry with a revenue share of 31.2% in 2024. This market is mainly influenced by the benefits offered to meat sellers by the product, such as enhanced tenderness, improved shelf life, and more.

• The sauces segment is projected to experience the fastest CAGR of 7.9% from 2025 to 2030. An increase in demand for ready-to-make product offerings such as noodles, pasta, ravioli, frozen meat, and others has been developing significant demand for sauces.

• North America liquid smoke market dominated the global industry with a revenue share of 34.2% in 2024. This is attributed to factors such as enhanced availability, increasing growth experienced by the food service and food processing industry, and growing demand for convenient food products by urban customers.

Liquid Smoke Market Segmentation

Grand View Research has segmented the global liquid smoke market report based on application, and region:

Liquid Smoke Application Outlook (Revenue, USD Million, 2018 - 2030)

• Meat

• Sauces

• Dairy Products

• Pet Food

• Others

Liquid Smoke Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in Liquid Smoke Market

• Red Arrow International LLC

• Baumer Foods Inc.

• Azelis

• B&G Foods Inc.

• Ruitenberg Ingredients B.V.

• Colgin, Inc.

• Kerry Group plc

• MSK Ingredients

• International Flavors & Fragrances Inc.

• Besmoke Ltd.