Release agents are imperative for food products which have a tendency of being sticky and have a moist surface. Release agents prevent the food from sticking on to the equipments, machines, packaging materials and molds. The release agent industry has witnessed a favorable development over the past few years owing to the shift from vegetable oils and basic emulsifiers to more efficient and effective products. The primary function of release agents is to remove the foodstuff from baking sheets, molds, pans and tins during the baking process. The demand for release agent has witnessed a major surge across the world, especially in the confectionery and the bakery industry High demand for release agents is attributed to the functionality and the performance quality of the products. Previously, release agents were used in tire molds, molds, plastics, owing to their chemical composition that is harmful to the human health. The demand for release agents has gained acceptance in the baking and confectionery industry since they were facing problems with the products sticking on to the surface of the equipments, packaging materials and machines. Due to this factor, basic oils have been adopted as release agents by the manufacturers in the bakery and confectionery industry.
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The increasing demand for baked food products across the world is primarily driving the demand for the global release agents market. Consumer acceptance towards baked food items has fuelled the demand for bakery and confectionery market which has resulted in the increase in the demand for release agents. The increasing use of release agents in the confectionery and bakery industry owing the issue of the products getting stuck on to the equipments has led the manufacturers look towards the usage of release agent to prevent the problem of stickiness, thus fuelling the demand for the release agents market globally. Additionally, the use of vegetable oil as a natural source of release agents is also fuelling the demand for the release agents market globally.
However, the increasing price of the raw materials for release agents such as vegetable oil is a major factor that is inhibiting the growth of the global release agents market. The developing countries such as India, China, Argentina, Brazil, Chile and Indonesia are likely to contribute more to the release agents market in the coming years owing to the changing lifestyle of the consumers in terms of feed habits which is backed up by high purchasing power. Due to this reason the manufacturers operating in the release agents market are looking to penetrate the developing economies for expansion opportunities. This factor is expected to be a suitable growth opportunity for the release agents market across the world.
On the basis of the product types the global release agents market has been segmented into fluid release agents, solid release agents and others which includes specialty release agents, water based release agents and multifunctional release agents.
On the basis of application the release agents market is segmented into bakery and confectionery (bread & rolls, cake and pastries, cookies and biscuits and others), meat, processed food and others.. The market has been further segmented on the basis of composition into emulsifiers which include emulsifiers (monoglycerides and di-glycerides, lecithin, sorbitan esters & stearoyl lacytylates and others), vegetable oil, wax and wax esters, antioxidants and others
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Geographically, the global release agents market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Europe dominated the global release agents market and is expected to dominate the market throughout the forecast period. Asia Pacific is expected to be the fastest growing market for release agents on account of the rising demand for the same in the bakery and confectionery industry in India and China.
The global release agents market is marked by some intense completion by some of the major players operating in this market. Archer Daniels Midland Company, Lecico GmbH, Masterol Foods Pty Ltd, Avatar Corporation, AAK AB, Associated British Foods plc are some of the major players operating in the global release agents market.
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