Potential Impact of COVID-19 on Bakery Release Agents Market

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.

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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The bakery release agents market has been provided in (US$ Mn) in terms of revenue and (Thousand Tonnes) in terms of volume as well as the CAGR (%) for the forecast period 2018 to 2026. The bakery release agents market is a global report studied on the basis of form, product type, end-use, ingredients, and region. Additionally, under the regional sections, the price trend has been incorporated to ascertain the regional impact of the same. The incremental opportunity analysis has been figured out in order to determine the most attractive segment in the upcoming years.

The report also highlights the competitive landscape of the bakery release agents market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive bakery release agents market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the bakery release agents market’s growth.

Besides, competition matrix and market share analysis have been included under the competitive landscape to understand the top players’ contribution in the bakery release agents market. Each company is studied on the basis of basic information, financial highlights, revenue highlights of regional contribution and segment contribution, and product portfolio. Additionally, the company strategy and recent developments if any are also incorporated under each company profile section.

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The global bakery release agents market report has profiled the top players having a global presence such as Archer Daniels Midland Company, Mallet & Company, Inc., Masterol Foods Pty. Ltd., Cargill, AAK AB, Avatar Corporation, Sonneveld Group B.V., British Bakels Ltd., Lasenor Emul, S.L., and Maverik Oils, L.L.C.