Global Release Agents Market Size, Share, Trends & Growth Forecast Report – Segmented By Composition (Emulsifiers, Antioxidants, Vegetable Oils, Wax & Wax Esters), Application (Bakery & Confectionery, Meat, And Processed Food), Type (Fluid, Solid, And Others), And Region (North America, Europe, Asia Pacific, Latin America, And Middle East & Africa) - Industry Analysis (2024 To 2029)

Updated On: June, 2024
ID: 3427
Pages: 175

Global Release Agents Market Size (2024 To 2029)

The global release agents market size is anticipated to be worth USD 1.17 billion by 2029 from USD 963.28 Million In 2024, growing at a CAGR of 4.10% during the forecast period. The demand for these agents depends on the quality and functionality of product performance.

Release agents are essentially used for foods that tend to be sticky and moist. Release agents prevent food from adhering to equipment, machinery, packaging materials, and molds. The mold release industry has progressed favorably in recent years due to the transition from vegetable oils and basic emulsifiers to more efficient and effective products. The main function of the releasing agent is to remove food products from trays, molds, pans and cans during the baking process. In particular, the need for these release agents is increasing in the bakery and confectionery industry is supposed to accelerate its adoption in the coming years.

MARKET DRIVERS

The urge for release agents is increasing significantly worldwide, particularly in the confectionery industry and the confectionery industry.

The high demand for release agents is due to the functionality and performance quality of the product. Demand for mold release agents has been accepted in the bakery and confectionery industry due to problems with equipment, packaging materials and products that adhere to machine surfaces. As the demand for baked goods increases worldwide, the market demand for release agents is increasing. Consumer acceptance of bakery foods has improved demand for the bakery and confectionery markets, increasing demand for mold release agents. As the usage of these release agents in the confectionery industry and in the confectionery industry has increased due to products being stuck in equipment, manufacturers have increased the call for release agents by using release agents to avoid problems of adherence. Besides, the usage of vegetable oils as a source for natural release agents is estimated to accelerate demand in this market worldwide. The global market for release agents is supposed to grow due to growth in applications in the rubber, plastics, paper, food and concrete industries.

As health awareness and lifestyle changes in emerging markets in China and India, demand for bakery foods such as bread, cakes, pastries and cookies are expected to accelerate the growth of the global release agents market during the outlook period. The main strength in the integration of the release agent is to prevent foreign substances from binding to the main product. The release agent is applied in the concrete construction sector because it prevents fresh concrete from adhering to the forming surface in plywood, plywood, aluminum, or steel. These agents are often available in the form of barriers and reactive agents. Barrier agents such as diesel, paraffin wax, heating oil, and motor oil have the capacity to avoid different particles from sticking, forming a barrier or physical film between the surface and the concrete. The increased availability of the aforementioned blockers in terms of availability and cost is expected to have a favorable effect on the release agent market. As the depletion of crude oil and natural gas increases, chemical manufacturers have focused on providing water-based products that can have a positive impact on the release agent market. Mold release agents find usage in the food and beverage industry to separate food from containers after a process such as roasting or baking. The increasing importance of processed foods, such as bakery products, is one of the main growth factors in the mold release market.

MARKET RESTRAINTS

The risk of the release agent reacting with food or the surface, the adverse effects on food taste and odor, the release agent allergens, and strict government health and safety regulations can hinder the market growth of release agents in the near future. The cost of raw materials for the making of release agents is volatile in nature, which creates uncertainty. As the price of raw materials affects the release price, it also affects the price of the outcome. Due to changes in weather conditions, there was a shortage of raw materials, which led to higher prices. Another factor influencing commodity prices is fluctuations in crude oil prices on the world market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

4.10%

Segments Covered

By Composition, Application, Type, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

ADM Company, AAK AB, Cargill, DowDuPont, Avatar Corporation, Par-Way Tryson Company, Associated British Foods PLC, Mallet & Company, Lecico GmbH, Lallemand and Others.

 

REGIONAL ANALYSIS

Geographically, the global market for release agents has been classified in North America, Europe, Asia Pacific, the Middle East, Africa and Latin America. The mold release agent market in developed countries like the United States and Europe is saturated due to a high penetration rate and a high penetration rate. Europe dominated the global mold release market and is envisioned to rule the worldwide market during the prediction period. The Asia Pacific region is anticipated to be the fastest-growing market as applications grow in the bakery and confectionery industries in nations like China and India. In the emerging economies of China, India, and Malaysia, lifestyle changes and increased health awareness are determining factors in increasing the consumption of baked goods and can therefore drive demand from the launch market. Solid rubber manufacturing bases in Thailand, Indonesia, Malaysia and Vietnam are foreseen to increase the growth of the release agent market during the projection period. Solid paper and pulp production bases in Brazil, Mexico and Indonesia are assumed to force launch market participants to place their production sites nearby.

KEY PLAYERS IN THE GLOBAL RELEASE AGENTS MARKET

Major key players in the Global Release Agents Market are ADM Company, AAK AB, Cargill, DowDuPont, Avatar Corporation, Par-Way Tryson Company, Associated British Foods PLC, Mallet & Company, Lecico GmbH, Lallemand and Others.

RECENT HAPPENINGS IN THE MARKET

  • June 2018: Purple Innovation, LLC, a comfort technology company known for developing the "World Mattress Without Pressure ™", expands its mix channel strategy by selecting comfort products made with proprietary technology as a location for the mattress company in Phoenix.
  • June 2018: PureCare and Manwah Holdings launched world-class programs presented at 520 retail stores in China as part of their promotional strategy for beds, furniture, and mattresses.
  • In January 2018, ADM opened the Innovation Center in Singapore. This facility facilitates ingredient creation and product application and development.
  • In January 2018, Du Pont finished the acquisition of the FMC Corporation health and nutrition sector. The acquisition is aimed to reinforce the firm’s presence in the special materials market.
  • Chem-Trend Launches New ZyvaxTakeOff Semi-Permanent Aqueous Release Agent for Aerospace Manufacturers. The epoxy carbon fiber prepreg includes vacuum backing and autoclaving.

DETAILED SEGMENTATION OF THE GLOBAL RELEASE AGENTS MARKET INCLUDED IN THIS REPORT

This research report on the global release agents market has been segmented and sub-segmented based on composition, application, type, and region.

By Composition

  • Emulsifiers  
  • Antioxidants
  • Vegetable Oils       
  • Wax & Wax Esters  

By Application

  • Bakery & Confectionery    
  • Meat  
  • Processed Food     

By Type

  • Fluid  
  • Solid  

By Region

  • North America
  • Europe
  • The Asia Pacific 
  • Latin America
  • The Middle East and Africa 

 

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