Market Size of Global Food Release Agents Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 735.93 Million |
Market Size (2029) | USD 839.56 Million |
CAGR (2024 - 2029) | 2.67 % |
Fastest Growing Market | South America |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Food Release Agents Market Analysis
The Global Food Release Agents Market size is estimated at USD 735.93 million in 2024, and is expected to reach USD 839.56 million by 2029, growing at a CAGR of 2.67% during the forecast period (2024-2029).
An unusual period in history, the COVID-19 pandemic unleashed a series of unprecedented events affecting every industry. However, since the food industry was overburdened with the responsibility of meeting requirements in the time of emergency, especially during the lockdown period, release agents were consumed in large quantities. Thus, their market witnessed a surge in demand, as consumers emptied the snacks and convenient food shelves at grocery stores and supermarkets.
Release agents, or parting agents, are substances that are used in production facilities as a barrier between the product and the mold, belt, or pan. A release agent is used to coat the surface where the product is going to be sitting so that the high temperatures and chemicals don't make the products stick to the surface. This substance also serves to stop the food items from getting contaminated with the material of the surfaces that they sit on. Due to this, release agents are also often referred to as lubricants, but that could be misleading because lubricating isn't the only function of release agents.
On the basis ofingredients, the scope of the market include 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.
Food Release Agents Industry Segmentation
Food release agents are used to aid in the separation of food from a cooking container after baking or roasting. The market studied is segmented by category, application, and geography. Based on category, the market is segmented into synthetic, and bio-based. Based on application, the market studied is segmented into bakery, confectionery, meat and meat product, and others. Based on geography, the market is segmented into regions that include North America, Europe, Asia-Pacific, South America, and Middle East & Africa, in order to provide the best regional insights to our clients. For each segment the market sizing and forecasting have been done in value terms USD million.
By Cateogry | |
Synthetic | |
Bio-based |
By Application | |
Bakery | |
Confectionery | |
Meat and Meat Products | |
Other Applications |
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Global Food Release Agents Market Size Summary
The food release agents market is poised for steady growth over the forecast period, driven by increasing demand in the baking industry and the rising popularity of natural ingredient sources. These agents, essential in preventing food from sticking to molds, pans, and other surfaces, are gaining traction due to their role in enhancing food safety and storage, particularly in processed foods. The market is characterized by a diverse range of ingredients, including emulsifiers, vegetable oils, waxes, and antioxidants, with a notable shift towards non-hydrogenated vegetable oils to extend product shelf life. The growing inclination towards processed foods, coupled with changing eating habits and expanding industrial food production, is further propelling the market's expansion.
In Europe, the market is significantly influenced by the robust food and beverage industry, with countries like the United Kingdom and Germany leading the demand for vegetable oils and bakery products. The integration of traditional baking methods with modern technology, especially in Germany, underscores the importance of release agents in maintaining high-quality standards and variety in bread production. The market is highly fragmented, with major players such as Archer-Daniels-Midland Co., Cargill Inc, and Vantage Specialty Chemicals actively investing in research and development to innovate and expand their product offerings. Collaborations and joint ventures, like those between Lasenor Emul, SL and Simmons Grain Co., highlight the industry's focus on developing organic and application-specific products to capture a larger market share.
Global Food Release Agents Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Cateogry
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2.1.1 Synthetic
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2.1.2 Bio-based
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2.2 By Application
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2.2.1 Bakery
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2.2.2 Confectionery
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2.2.3 Meat and Meat Products
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Italy
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2.3.2.6 Spain
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2.3.2.7 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 South Africa
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2.3.5.2 United Arab Emirates
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2.3.5.3 Rest of Middle East & Africa
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Global Food Release Agents Market Size FAQs
How big is the Global Food Release Agents Market?
The Global Food Release Agents Market size is expected to reach USD 735.93 million in 2024 and grow at a CAGR of 2.67% to reach USD 839.56 million by 2029.
What is the current Global Food Release Agents Market size?
In 2024, the Global Food Release Agents Market size is expected to reach USD 735.93 million.