Food Release Agents Market Size
| 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 |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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 Market Trends
This section covers the major market trends shaping the Food Release Agents Market according to our research experts:
Wide Applications and Functionality
With change in people lifestyle, busy schedule, and health concern worldwide, people are inclining towards processed foods for food safety and storage. Processed food such as cooked, dried, canned, frozen food need some release agents that aid in the separation of food from pan, tray and other packaging materials. The release agents market is witnessing maximum growth owing to good physical stability, release agents are easy to apply by spraying, increasing use of natural or organic agents which have a favorable impact on release agents and demand for bakery products.Moreover, changing in the eating habits, and growing industrial food productions are some other factors expected to flourish the Release Agents market. Based on application, bakery release agent leads the market with its several categories such as trough grease, divider oil, bread pan oil, pan grease and specialty release agents which helps to eliminate sticking points, make the mold or tray hydrophobic, and form an uninterrupted film between the surfaces. The use of fatty acid in vegetable oil helps in oxidation stability and has a propensity to polymerization.
Europe Holds a Significant Market Share
The market is driven by the increased use of release agents in the baking industry, growth in demand for natural sources of ingredients, research & development driving innovation, and increase in consumer awareness & health concerns. The demand for vegetable oil is growing, which contain natural ingredients, particularly in developed regions, which is also positively impacting its market. United Kingdom market is the one of the most potential and sustainable market for release agents in Europe. The growing food & beverage industry witnesses a significant demand for vegetable oils used in food products. Further, Germany is famous for its cookies and bread types and bread is considered a cultural heritage in Germany. The integration of traditional methods with cutting edge technology along with the proper use of release agents ensures a high number of bread varieties and high-quality standards. This is one of the driving factors of food release agents market in the European region.
Food Release Agents Industry Overview
The market studied is highly fragmented, with major players, namely Archer-Daniels-Midland Co., Cargil Inc, Avatar Corp. and Vantage Specialty Chemicals among others in the global food release agents market. Established as well as emerging players in the market are focusing on development of new products with increasing demand for products with versatile properties. In order to attain a larger share in the market studied, manufacturers are revitalizing their product portfolios by investing in research and development to launch application-specific products. For instance, Lasenor Emul, SL has formed a joint venture with Simmons Grain Co; The aim is to produce in Salem, OH, United States, a full set of Organic Soya Lecithin products, suitable for different Food and Feed applications.
Food Release Agents Market Leaders
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Archer-Daniels-Midland Co.
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Cargil Inc
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Avatar Corp
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Vantage Specialty Chemicals
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Bundy Baking solutions
*Disclaimer: Major Players sorted in no particular order
Food Release Agents Market News
In 2020 - Avatar Corp has created ProKote 5022-AO, a water-miscible release agent for organic food processors; ProKote 5022-AO is allergen-free and contains only naturally derived ingredients. It has a high smoke and flash point and is capable of withstanding extreme processing temperatures.
In 2019 - Lasenor Emul, SL formed a joint venture with Simmons Grain Co; The aim is to produce in Salem, OH, United States, a full set of Organic Soya Lecithin products, suitable for different Food and Feed applications.
In 2019 - Bundy Baking Solutions launched Synova LLC, a new business that manufactures and distributes release agents for bakeries. Based in Westerville, Ohio, Synova joins Bundy Baking Solutions' family of companies, which includes American Pan, Chicago Metallic, Pan Glo, RTB, and Shaffer.
Food Release Agents Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables and Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Cateogry
5.1.1 Synthetic
5.1.2 Bio-based
5.2 By Application
5.2.1 Bakery
5.2.2 Confectionery
5.2.3 Meat and Meat Products
5.2.4 Other Applications
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 United Arab Emirates
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 IFC Solutions
6.3.2 Archer-Daniels-Midland Co.
6.3.3 Bunge Limited
6.3.4 Avatar Corporation
6.3.5 Par-Way Tryson
6.3.6 Lasenor Emul SL
6.3.7 Cargill Incorporated
6.3.8 Dubor Groneweg GmbH & Co. KG
6.3.9 Vantage Specialty Chemicals
6.3.10 Bundy Baking solutions
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
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 |
| Geography | |||||||||
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Food Release Agents Market Research 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.
Who are the key players in Global Food Release Agents Market?
Archer-Daniels-Midland Co. , Cargil Inc, Avatar Corp, Vantage Specialty Chemicals and Bundy Baking solutions are the major companies operating in the Global Food Release Agents Market.
Which is the fastest growing region in Global Food Release Agents Market?
South America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Food Release Agents Market?
In 2024, the Europe accounts for the largest market share in Global Food Release Agents Market.
What years does this Global Food Release Agents Market cover, and what was the market size in 2023?
In 2023, the Global Food Release Agents Market size was estimated at USD 716.79 million. The report covers the Global Food Release Agents Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Food Release Agents Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Release Agents Industry Report
Statistics for the 2024 Food Release Agents market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Release Agents analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
