Release Agents Market - Global Industry Trends, Growth, Opportunity and Forecast To 2024

Release agents are vital for food products owing to its propensity of being sticky and have moist surface. They are used to aid in the separation of food from a cooking container such as mold, baking sheet and pans, after baking or roasting. The augmented usage of release agents in the baking industry and upsurge in consumer alertness and health concerns are the driving factors for the global release agents market.

Research and development propelling innovation, augmented usage of release agents in the baking industry, and upsurge in consumer alertness and health concerns are the primary growth drivers for release agents market. For instance, release agents are ingredients that reduce the bonding between two surfaces. The concerns associated to the product get stuck on the equipment has indicated manufacturers look towards the usage of release agent to avoid the difficulty of stickiness.

In addition, changing lifestyle, growth in need for natural sources of ingredients, upsurge in industrial food production and mounting health awareness are also facilitating the growth of the release agents market, globally.

International regulations governing the use of release agents in food, approval from various regulatory bodies and rise in prices of raw materials such as vegetable oils are the major challenges for the growth of the release agents market across the globe.

Globally, the manufacturing companies trying to enter the release agent market in healthcare are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement remains a major barrier for the entry of new players, which offers a competitive edge to the established players in the industry competition.

Geographically, Europe is the largest release agents market due to elevated need of baked products and alertness about the advantages of consuming releasing agent. In addition, upsurge in consumer alertness and health concerns, mounting requirement for processed food and growth in need for natural sources of ingredients are also driving the growth of the European release agents market.

On the basis of ingredient, the release agents market is subdivided into vegetable oils, wax and wax esters, emulsifiers, antioxidants and other ingredients. Of all ingredients vegetable oils segment accounted the largest share in the market, as it contain natural ingredients and usage of fatty acid in vegetable oil helps in oxidation stability. The emulsifiers are further subdivided into sorbitan esters & stearoyl lactylates, mono & di-glycerides, lecithin and others. In addition, wax and wax ester decreases the threat of resinification and prevents turbidity of oil.

On the basis of application, the release agent market is subdivided into bakery products, processed meat, confectionery products and others. Upsurge in the demand of baked goods, reduce labor cost incurred in cleaning trays and pans and reduce the production cycle time are some of the factors responsible for the growth of the bakery products segment. Of all the application, the bakery products segment accounted the foremost share in the release agents market. The bakery products are further subdivided into breads, cookies and biscuits, cake and pastries and others.

On the basis of form, the market is subdivided into liquid and solid. Among the both form, the liquid accounted the largest share in the release agents market due to simple to usage and can be used exactly to the surface of the pan, or machine, making it the more desired form. In addition, liquid release agent is used as release aid for semi-rigid, flexible, and rigid polyurethanes.

Key players in the release agents market are catering the demand by investing on new product launches in their product portfolio across the globe. In August 2018, Avatar Corporation promotes water based release agent, which provide superior functional solutions for specialty applications.

In addition, in July 2014, Par-Way Tryson introduced Vegalene, genetically modified organisms (GMO)-free food release spray and it saves operator time. Archer Daniels Midland Company, Avatar Corporation, IFC Solutions, Inc, AAK AB, Puratos Group NV, Cargill, Lallemand, The Bakels Group, Masterol Foods Pty Ltd, Associated British Foods PLC, Lecico GmbH, Par-Way Tryson Company and Dübör Groneweg GmbH & Co. Kg are the key players offering release agents.

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