Food Release Agents Market worth USD 855.9 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "Food Release Agents Market by Category (Synthetic and Bio-Based), by Application (Bakery, Confectionery, Beverages, meat, and meat product), by Region (North America, Europe, Asia Pacific, South America, and MEA) – Global Share and Forecast to 2030". The global food release agents market size is expected to grow from USD 697.0 million in 2021 to USD 855.9 million by 2030, at a CAGR of 2.6% during the forecast period. The growth in consumer preference for convenience foods directly contributes to the rise in demand for release agents required at production facilities as barrier agents between the product and the mold, belt, or pan in convenience food products such as bakery and confectionery products, RTE (Read To Eat Food Products), spreads, and sauces and others. Furthermore, technological advancements and new product launches have made food release agents available for a wide range of applications in the food and beverage sector, actively driving the growth of the market studied.

Global Food Release Agents Market Segmentation

The overall food release agents market has been segmented into the category, application, and region.

• By Category (Synthetic and Bio-Based)
• By Application (Bakery, Confectionery, Beverages, Meat, and Meat Product)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Bakery, by application, is estimated to hold the largest market share during the forecast period

Based on method, the global food release agents market is segmented into bakery, confectionery, beverages, meat, and meat products. The bakery segment generated the highest revenue of 44.1% of the total global food release agents market in 2021, and it is expected to register a significant CAGR from 2022 to 2030. Baking release agents play a crucial role in the baking process, so they are used in and at different stages. For baked goods and thin layers on products or equipment, release agents are used in small amounts.

Due to good physical stability, release agents are easy to apply by spraying, and with the increasing use of natural or organic agents, which positively impact release agents and demand for bakery products, the release agents market is booming. In large cities, the working-class demands more on-the-go foods such as rolls, sandwiches, and croissants. Hence, in-store bakeries and artisanal bakeries sales are soaring. Growing demand for various products, including bread, cakes, pastries, donuts, and pies is expected to drive the release agents market growth in the bakery industry during the forecast period.

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Europe accounts for the largest market share in the food release agents market in 2021

Based on the regions, the global food release agents market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, Europe accounted for the highest market share of 37.2% in the global food release agents market and was anticipated to maintain its dominance throughout the forecast period. In the UK, Increased use of release agents in the baking industry, rising demand for natural ingredients, R&D-driven innovation, and rising consumer awareness and health concerns are all driving the market.

Moreover, Germany is famous for its cookies, and bread types are considered cultural heritage in Germany. The proper use of release agents and integrating traditional methods with cutting-edge technology ensure a wide variety of bread varieties and high-quality standards. This is one of the major driving forces in the country's market for food release agents.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the food release agents market. It also consists of the profiles of leading companies such as IFC Solutions, Bunge Limited, Archer-Daniels-Midland Co., Par-Way Tryson, Lasenor Emul SL, Avatar Corporation, Maverik Oils LLC, The Bakels Group, Vantage Specialty Chemicals, Bundy Baking Solutions, DÜBÖR Groneweg GmbH & Co. KG, and Cargill Incorporated.

Browse complete report: https://www.marketstatsville.com/food-release-agents-market

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