Press release
Global Bakery Release Agents Market Expected to Reach US$ 597.3 Mn by 2026
Global demand for bakery release agents is increasing primarily due to the increased bakery products consumption, supported by the ever increasing population. Bakery release agents are an integral part of the baking process. Release agents with diverse properties are used at different stages by bakery product manufacturing companies. Leading bakery companies across the globe are driving demand for bakery release agents. These companies mainly produce bread, but also other items such as cakes, cookies, crackers, and pastries. They use bakery release agents in their products. Liquid bakery release agents are widely manufactured and consumed globally due to its properties that result in a smooth texture of the products, easy application, and easy availability of ingredients. Solid and semi-solid release agents’ gives desired results under circumstances where viscosity and stickiness is a concern due to the high sugar levels in the bakery products. Bakery release agents find applications in various bakery products such as breads, cakes, pastries, and others.Bread being the highest consumed bakery product, has the largest application of bakery release agents. The use of a low-viscosity, high-performance release agent is generally recommended for these baked products. Transparency Market Research analyses the global bakery release agents market in terms of value in US Mn and volume sales in terms of ‘000 Tonnes.
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The global bakery release agents market is expected to reach around US$ 597.3 Mn by 2026. The market is expected to grow in terms of volume sales at a CAGR of 5.2% during the period 2016-2026.The North America bakery release agents market recorded the highest market share, accounting for US$ 135.4 Mn in 2016. Global bakery release agents market dynamics are subject to factors mainly related to the expanding bakery industry across the globe for various applications such as bread, cakes, pastries and other products.
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Release agents are an integral part of many manufacturing processes. These products are usually used to prevent cakes or other baked products from sticking to their containers. Along with this, specialty release agents can enhance productivity, extend tool/die/mold life, increase cycle times, improve surface quality, and reduce scrap and defect rates.This value added purpose of release agents has resulted in increased use of bakery release agents in the bakery industry.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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