Global Smoke Ingredients for Food Market: Preference for Liquid Smoke Ingredients to Remain Most Preferred Product, Says TMR

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.

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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.

Smoke Ingredients for Food Market to Grab the Largest Market Share by 2024

In order to lend a smoky flavor to various foods, smoke ingredients are used. These ingredients are typically added to foods that cannot actually be roasted or grilled but still need to carry a smoky flavor. Liquid smoke, which is, obtained through the combustion of different types of hard woods, including beech, maple, hickory plants, or oak, is thus an ingredient that is finding newer applications.

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During the combustion process, the process condensate is separately collected. This ingredient thus obtained is known as liquid smoke. In the food industry, processes such as barbequing and grilling also put the food at risk of burning. However, this issue can be allayed with the use of standard smoke ingredients. They thus help food manufacturers to lend different flavors to their products while optimizing production.

Moreover, the use of smoke ingredients also ensures that taste remains consistent from batch to batch. These ingredients help expedite the maillard reaction, add roasted aromas, and help develop the right color.

Smoke ingredients can include smoke, grill, natural hardwood sources, and hickory. These ingredients are widely employed in drenching or showering flavors, atomization, dry forms, and direct addition. Their use is seen at different processing stages. Some of the common products where smoke ingredients are used include: poultry, meat, sauces, seafood, seasonings, snacks, bread, dressings, and crackers.

Smoke Ingredients for Food Market:Key Segments

The smoke ingredients market can be classified based on the criteria of form (liquid, powder, oil and others such as concentrates and emulsions). Of the various forms of smoke ingredients, the use of liquid smoke ingredients is the widest. This can be ascribed to its easy handling and its high solubility in water. It thus generates the highest revenue share in the market.

The use of smoke ingredients in the form of powders is made by combining them with spice mixes, salts, and colorants. Kosher salts are widely used in the form of powders. The use of concentrate smoke ingredients is typically made in extremely small quantities; when they need to be applied to meat products, they are usually sprayed on.

The most commonly used medium for applying smoke ingredients is oil. The use of smoking oil is made for capturing fumes so as to trap the flavor in it. Moreover, the F&B industry also uses smoked oils in numerous barbeque flavored products, which are becoming popular worldwide. Products such as bacon, marinades, cheeses, and sausages are available in such flavors.

By application, the market for smoke ingredients is further segmented into bakery and confectionery, dairy, meat and seafood, and others (snacks and sauces). Of all of these segments, the segment of meat and seafood has stimulated the highest demand for smoke ingredients. The share of the bakery and confectionery segment is projected to rise through the forecast period. The use of smoke ingredients to lend a unique flavor to hard boiled candy is the latest trend.

Smoke Ingredients for Food Market: Region-wise Outlook

By region, the market for smoke ingredients for food comprises: Latin America, North America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan, and the Middle East and Africa. The markets of Europe and North America have reached a stage of maturity. On the other hand, there is a growing demand for smoke ingredients in the food industry in Asia Pacific. There is a high demand in this region for ready-to-eat products.

Smoke Ingredients for Food Market: Leading Players

The top players with an international presence in the global smoke ingredients for food market are: Associated British Foods plc., Azelis, Dempsey Corporation, Besmoke, Kerry Ingredients , FRUTAROM Savory Solutions GmbH, Redbrook Ingredient Services, Red Arrow, and WIBERG GmbH.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.