Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Nov 26, 2019 10:00 AM ET

Known and Unknown Adjacencies Impacting the Release Agents Market




iCrowd Newswire - Nov 26, 2019

The market for release agents is estimated at USD 925.4 million in 2018, and it is projected to grow at a CAGR of 4.1% through 2023. The release agents market is segmented on the basis of form, ingredient, application, and region. The form segment of the release agents market includes solid and liquid forms. This market has also been segmented on the basis of application into bakery products, confectionery products, processed meat, and convenience food. It has also been segmented on the basis of ingredients into vegetable oils, emulsifiers, wax & wax esters, and antioxidants. On the basis of key regions, the release agents market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW), which includes South America and the Middle East & Africa.

The increasing demand for a balanced diet and rising preference of various dietary supplements and food & beverage products fortified with release agents are driving the market.

To know about the assumptions considered for the study, download the PDF brochure

Based on ingredients, the emulsifiers segment is projected to be the fastest-growing from 2018 to 2023. Emulsifiers are important ingredients in the manufacturing of release agents for food applications, as they impart freshness to the food. They can be derived from natural and synthetic chemicals. The significance of using emulsifiers in various food products is characterized by their functional properties and the numerous benefits associated with their use.

Europe and North America are the dominant regions in this market in 2017, owing to the high demand for baked goods, the presence of major players in these regions, and awareness about the benefits of using release agents. However, Asia Pacific is projected to be the fastest-growing market during the forecast period, due to greater awareness and increase in production of processed food in the region.

The Asia Pacific region is projected to be the fastest-growing market for release agents between 2018 and 2023. Factors such as the industrial applications and technologies involved in starch processing are changing rapidly in the Asia Pacific countries.

The release agents market is diversified and competitive, with a large number of players. It is dominated by various players, depending on their core competencies. However, regulations governing the use of release agents in food is the major factor restraining its growth.

Increase in consumer awareness & health concerns

Changes in consumer preferences and increase in awareness of the health benefits of phospholipids has been observed due to globalization. The increase in consumer awareness has resulted in an increase in demand for release agents that are used by manufacturers of supplement products. The increase in the demand for pan dividing oil has led to an increase in the demand for release agents. Release agent manufacturers are focusing on the quality and safety of the products, which are mandated by several governments to be clinically tested and approved to be utilized to produce end-use products

Vegetable oils are the base used for the production of release agents; hence, the prices of the release agent products depend on the market price of vegetable oils. The ever-increasing prices of vegetable oils pose a restraint to the release agent manufacturers, and by extension, the release agents market.

Key participants in the supply chain of the release agents are the product manufacturers, end-use industries, and raw material suppliers. The key players that are profiled in the report include ADM (US), Avatar Corporation (US), Par-Way Tryson (US), AAK AB (Sweden), and Associated British Foods (UK).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

 



Contact Information:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]






Keywords:    Release Agents Market, Release Agents, Emulsifiers, Vegetable Oils, Wax & Wax Esters

Tags:    Extended Distribution, Wire, Research Newswire, English