Leading Smokehouse Country Markets Databank
The Smokehouse market was valued at $130.1 Million in 2020, and is projected to reach $240.8 Million by 2029 growing at a CAGR of 7.13% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $45.3 Million in 2020, and is anticipated to reach $96.7 Million by 2029, registering a CAGR of 8.84%. Asia-Pacific and North America collectively expected to account for about 64.2% share of the Smokehouse market in 2020, with the former constituting around 34.8% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 8.84% and 7.01% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 64.2% in the overall Smokehouse market in 2020, and is anticipated to reach 69.3% by 2029.
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