A
new study by Transparency Market Research (TMR), titled “Smoke
Ingredients for Food Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016–2024,” offers a comprehensive
assessment of this market, taking the key trends, opportunities, and
limitations into consideration.
View
exclusive Global strategic Business
report:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10757
The
global market for smoke ingredients used in food can be evaluated on
the basis of the form, application, and the geography. Smoke
ingredients are mostly available in the form of powder, liquid, oil,
concentrates, and emulsions across the world. Of these, liquid smoke
ingredients are the most preferred products among consumers and are
expected to remain so over the forecast period. The beneficial
properties of liquid smoke ingredients, such as easy handling and
high solubility in water, are the key driving forces behind the
significant growth of this segment, notes the research study.
Smoke
ingredients in powder and oil forms are also widely utilized all over
the world. The augmenting usage of these ingredients in
barbecue-flavored products has increased their demand in the food and
beverages industry, which is reflecting positively on their sales. In
addition to this, owing to their growing application on meat
products, concentrated smoke ingredients are likely to gain
substantial impetus in the coming years, states the market report.
Based
on the application, the global market for smoke ingredients used in
food products can be classified into dairy, bakery and confectionery,
meat and seafood, snacks, and sauces. Among these, the meat and
seafood segment has emerged as the leading application area of smoke
ingredients. However, the bakery and confectionery segment is likely
to witness a surge in the application of smoke ingredients due to the
escalating demand for smoke-flavored candies, pastries, and other
bakery and confectionery products, reports the study.
On
the geographical basis, the worldwide market for smoke
ingredients used in food products can be segmented into North
America, Latin America, Eastern Europe, Western Europe, Asia Pacific
excluding Japan, the Middle East and Africa, and Japan. Europe,
including Eastern and Western both, and North America have begun to
mature, which points towards moderate growth of these markets. On the
flip side, Asia Pacific is expected to present an opportunity-rich
market to players on account of the fueling demand for ready-to-eat
products in this region, notes the study.
The competitive landscape of the global market for smoke ingredients used in food has also been examined in this study. The key participants in this market are Azelis, Associated British Foods Plc, Dempsey Corp., Kerry Ingredients, Besmoke, FRUTAROM Savory Solutions GmbH, Red Arrow, Redbrook Ingredient Services, and WIBERG GmbH, states the research report.
No comments:
Post a Comment