Liquid Smoke Market Size, Share & Trends Analysis Report By Application (Meat, Sauce, Dairy Products, Pet Food, Others), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2025 - 2030

PUBLISHED: December 4, 2024

PAGES: 100 Pages

DELIVERY TIME: 2-10 business days

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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.

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.

Product Code: GVR-2-68038-936-4

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Liquid Smoke Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Ingredient Adoption
4.5. Observations & Recommendations

Chapter 5. Liquid Smoke Market: Application Estimates & Trend Analysis

5.1. Liquid Smoke Market, By Application: Key Takeaways
5.2. Application Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 5.3.1. Meat
  - 5.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.2. Sauces
  - 5.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.3. Dairy Products
  - 5.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.4. Pet Food
  - 5.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3.5. Others
  - 5.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)

Chapter 6. Liquid Smoke Market: Regional Estimates & Trend Analysis

6.1. Liquid Smoke Market: Regional Outlook
6.2. Regional Marketplaces: Key Takeaways
6.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 6.3.1. North America
  - 6.3.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.1.2. U.S.
    - 6.3.1.2.1. Key Country Dynamics
    - 6.3.1.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.1.3. Canada
    - 6.3.1.3.1. Key Country Dynamics
    - 6.3.1.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.1.4. Mexico
    - 6.3.1.4.1. Key Country Dynamics
    - 6.3.1.4.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.2. Europe
  - 6.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.2.2. U.K.
    - 6.3.2.2.1. Key Country Dynamics
    - 6.3.2.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.2.3. Germany
    - 6.3.2.3.1. Key Country Dynamics
    - 6.3.2.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.2.4. France
    - 6.3.2.4.1. Key Country Dynamics
    - 6.3.2.4.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.2.5. Italy
    - 6.3.2.5.1. Key Country Dynamics
    - 6.3.2.5.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.2.6. Spain
    - 6.3.2.6.1. Key Country Dynamics
    - 6.3.2.6.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.3. Asia Pacific
  - 6.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.3.2. China
    - 6.3.3.2.1. Key Country Dynamics
    - 6.3.3.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.3.3. India
    - 6.3.3.3.1. Key Country Dynamics
    - 6.3.3.3.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.3.4. Japan
    - 6.3.3.4.1. Key Country Dynamics
    - 6.3.3.4.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.3.5. Australia
    - 6.3.3.5.1. Key Country Dynamics
    - 6.3.3.5.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.3.6. South Korea
    - 6.3.3.6.1. Key Country Dynamics
    - 6.3.3.6.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.4. Latin America
  - 6.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.4.2. Brazil
    - 6.3.4.2.1. Key Country Dynamics
    - 6.3.4.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.5. Middle East & Africa
  - 6.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
  - 6.3.5.2. South Africa
    - 6.3.5.2.1. Key Country Dynamics
    - 6.3.5.2.2. Market Estimates and Forecast, 2018 - 2030 (USD Million)

Chapter 7. Liquid Smoke Market: Competitive Analysis

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Participant's Overview
7.4. Financial Performance
7.5. Ingredient Benchmarking
7.6. Company Heat Map Analysis
7.7. Strategy Mapping
7.8. Company Profiles
- 7.8.1. Red Arrow International LLC
  - 7.8.1.1. Company Overview
  - 7.8.1.2. Financial Performance
  - 7.8.1.3. Ingredient Portfolios
  - 7.8.1.4. Strategic Initiatives
- 7.8.2. Baumer Foods Inc.
  - 7.8.2.1. Company Overview
  - 7.8.2.2. Financial Performance
  - 7.8.2.3. Ingredient Portfolios
  - 7.8.2.4. Strategic Initiatives
- 7.8.3. Azelis
  - 7.8.3.1. Company Overview
  - 7.8.3.2. Financial Performance
  - 7.8.3.3. Ingredient Portfolios
  - 7.8.3.4. Strategic Initiatives
- 7.8.4. B&G Foods Inc.
  - 7.8.4.1. Company Overview
  - 7.8.4.2. Financial Performance
  - 7.8.4.3. Ingredient Portfolios
  - 7.8.4.4. Strategic Initiatives
- 7.8.5. Ruitenberg Ingredients B.V.
  - 7.8.5.1. Company Overview
  - 7.8.5.2. Financial Performance
  - 7.8.5.3. Ingredient Portfolios
  - 7.8.5.4. Strategic Initiatives
- 7.8.6. Colgin, Inc.
  - 7.8.6.1. Company Overview
  - 7.8.6.2. Financial Performance
  - 7.8.6.3. Ingredient Portfolios
  - 7.8.6.4. Strategic Initiatives
- 7.8.7. Kerry Group plc
  - 7.8.7.1. Company Overview
  - 7.8.7.2. Financial Performance
  - 7.8.7.3. Ingredient Portfolios
  - 7.8.7.4. Strategic Initiatives
- 7.8.8. MSK Ingredients
  - 7.8.8.1. Company Overview
  - 7.8.8.2. Financial Performance
  - 7.8.8.3. Ingredient Portfolios
  - 7.8.8.4. Strategic Initiatives
- 7.8.9. International Flavors & Fragrances Inc.
  - 7.8.9.1. Company Overview
  - 7.8.9.2. Financial Performance
  - 7.8.9.3. Ingredient Portfolios
  - 7.8.9.4. Strategic Initiatives
- 7.8.10. Besmoke Ltd.
  - 7.8.10.1. Company Overview
  - 7.8.10.2. Financial Performance
  - 7.8.10.3. Ingredient Portfolios
  - 7.8.10.4. Strategic Initiatives

Product Code: GVR-2-68038-936-4

List of Tables

Table 1 Global liquid smoke market: Key market driver analysis
Table 2 Global liquid smoke market: Key market restraint analysis
Table 3 Global liquid smoke market estimates & forecast, by region (USD Million)
Table 4 Global liquid smoke market estimates & forecast, by application (USD Million)
Table 5 North America liquid smoke market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 6 North America liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 7 U.S. macro-economic outlay
Table 8 U.S. liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 9 Canada macro-economic outlay
Table 10 Canada liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 11 Mexico macro-economic outlay
Table 12 Mexico liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 13 Europe liquid smoke market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 14 Europe liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 15 Germany macro-economic outlay
Table 16 Germany liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 17 U.K. macro-economic outlay
Table 18 U.. liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 19 France macro-economic outlay
Table 20 France liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 21 Italy macro-economic outlay
Table 22 Italy liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 23 Spain macro-economic outlay
Table 24 Spain liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 25 Asia Pacific liquid smoke market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 26 Asia Pacific liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 27 China macro-economic outlay
Table 28 China liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 29 India macro-economic outlay
Table 30 India liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 31 Japan macro-economic outlay
Table 32 Japan liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 33 Australia macro-economic outlay
Table 34 Australia liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 35 South Korea macro-economic outlay
Table 36 South Korea liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 37 Latin America liquid smoke market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 38 Latin America liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 39 Brazil macro-economic outlay
Table 40 Brazil liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 41 Middle East & Africa liquid smoke market estimates and forecast, by country, 2018 - 2030 (USD Million)
Table 42 Middle East & Africa liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 43 South Africa macro-economic outlay
Table 44 South Africa liquid smoke market estimates and forecast, by application, 2018 - 2030 (USD Million)
Table 45 Recent developments & impact analysis, by key market participants
Table 46 Company heat map analysis, 2024
Table 47 Companies implementing key strategies

List of Figures

Fig. 1 Liquid smoke market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and liquid smoke market size (USD Million)
Fig. 11 Global liquid smoke market size, 2018 to 2030 (USD Million)
Fig. 12 Global liquid smoke market: Penetration & growth prospect mapping
Fig. 13 Global liquid smoke market: Value chain analysis
Fig. 14 Global liquid smoke market: Dynamics
Fig. 15 Global liquid smoke market: Porter's five forces analysis
Fig. 16 Global liquid smoke market estimates & forecast, by application (USD Million)
Fig. 17 Liquid smoke market estimates & forecast for meat application, 2018 - 2030 (USD Million)
Fig. 18 Liquid smoke market estimates & forecast for sauces application, 2018 - 2030 (USD Million)
Fig. 19 Liquid smoke market estimates & forecast for dairy products application, 2018 - 2030 (USD Million)
Fig. 20 Liquid smoke market estimates & forecast for pet food application, 2018 - 2030 (USD Million)
Fig. 21 Liquid smoke market estimates & forecast for other applications, 2018 - 2030 (USD Million)
Fig. 22 Liquid smoke market: Regional outlook, 2024 & 2030, (USD Million)
Fig. 23 Regional marketplace: Key takeaways
Fig. 24 North America liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 25 US liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 26 Canada liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 27 Mexico liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 28 Europe liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 29 UK liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 30 Germany liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 31 France liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 32 Italy liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 33 Spain liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 34 Asia Pacific liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 35 China liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 36 India liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 37 Japan liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 Australia liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 South Korea liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 Latin America liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 Brazil liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 Middle East & Africa liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 South Africa liquid smoke market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 Key company categorization
Fig. 45 Strategic framework of liquid smoke