Release Agents Market by Form (Solid, Liquid) by Ingredient (Vegetable oils, Emulsifiers, Wax & wax esters, Antioxidants) by Application (Bakery Products, Confectionery Products, Processed Meat) 2017 - 2023

Global Release Agents Market was valued at USD XX Billion in the year 2017. Global Release Agents Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China, and the U.S. are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

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Archer Daniels Midland Company (US), AAK AB (Sweden), Cargill (U.S) are the key players in this market. Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

• Growth in Demand for natural sources of ingredients

Restraints:

• International regulations governing the use of release agents in food

Opportunities:

• Emerging markets illustrating the high potential for food release agents

Challenges:

• The rise in prices of raw materials

The Global Release Agents Market is segmented as By Form, Ingredient, Application, and Region. By Form, it is segmented as solid and liquid in which the use of liquid release agents for bakery and confectionery applications, along with processed meat and convenience food, is constantly growing. Many specific liquid release agents have been introduced, which are available in spray cans to enable ease of application. The Release Agents Market is segmented on the basis of the Application into bakery products, confectionery products, processed meat, and convenience food. The bakery segment dominated the release agents market, due to the increase in demand for baked goods.

On the basis of Ingredients, the release agents market is segmented into emulsifiers, vegetable oils, wax & wax esters, and antioxidants. Different ingredients and a specific manufacturing process are chosen, depending on the properties of the ingredients and the desired end application. Recently, the demand for non-hydrogenated vegetable oils has been on the rise, as it helps increase the shelf-life of the final product.

The Bakery segment is expected to grow at a moderate CAGR of XX% in the forthcoming years.

Key Benefits for Stakeholders

• Regulatory and research organizations
• Raw material producers, suppliers, and distributors
• Release agents manufacturers, traders, distributors, and dealers
• Research and consulting firms

By Form

• Solid
• Liquid

By Ingredient

• Vegetable oils
• Emulsifiers
• Wax & wax esters
• Antioxidants

By Application

• Bakery products
• Confectionery products
• Processed meat

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Archer Daniels Midland Company
• AAK AB
• Cargill
• Dowdupont
• Avatar Corporation
• Par-Way Tryson Company
• Mallet & Company, Inc.
• IFC Solutions, Inc.
• Lecico GmbH
• Lallemand

(A brief overview of 10 companies is also provided)

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This release was published on openPR.