The global food grade release agent market is set to expand at a CAGR of 5.4% over the forecast period (2022-2032), surpassing a valuation of US$ 1,826 Mn by 2032. The rising adoption of food-grade release agents across food processing industries is a key factor driving growth in the global food-grade release agent market.
Consumers have shown a strong preference for processed meals throughout the years due to a busier schedule, changing lifestyle, and rising health concerns. Release agents are added to processed foods such as dried, cooked, frozen, and canned food to help keep the food separated from the pan and tray or any other packaging material. As a result, rising consumption of processed and packaged foods will increase demand for food-grade release agents throughout the forecast period.
Nonstick qualities of food-grade release agents such as natural vegetable oil and silicone enable the quick release of items formed in moulds and give lubricity and slipperiness in applications such as conveyor belts.
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The rising usage of food-grade release agents in food-contact manufacturing processes in a variety of applications is expected to propel growth in the global food-grade release agent market during the assessment period.
Key Takeaways from Market Study
- By product type, the natural vegetable oils food grade releasing agents segment reached a market valuation of US$ 398 Mn in 2021.
- Based on the distribution channel, the indirect channel segment is expected to account for USD$ 860 Mn by 2032.
- North America is expected to account for the largest value share of around 30% of the global food-grade release agent market by 2022 end.
- The East Asia food grade release agent market is estimated at US$ 247 Mn in 2022 and is projected to grow at 5.8% CAGR during the assessment period of 2022-2032
- Amid rising spending on processed foods and the presence of leading food manufacturing companies, the U.S. will continue to dominate the North American food-grade release agent market throughout the forecast period.
“Substantial growth in processed meals and confectionery products have turned around the complete market scenario in the past half-decade in Asian countries”, says a Future Market Insights analyst.
Competitive Landscape
Manufacturers are shifting their focus towards developing innovative food grade release agents in order to address the growing end user demands. The market participants are offering varied products with different benefits owing to increasing consumer’s demand for personalized products based on their usage in different locations around the world.
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Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global food grade release agent market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on food grade release agent market by product type (natural vegetable oil, mineral oil, silicone, wax, and others), form (solid agents, fluid agents, and water-based agents), application (bakery products, confectionery products, processed meal, and others), distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.
Global Food Grade Release Agent Market by Category
By Product Type:
- Natural Vegetable Oil
- Mineral Oil
- Silicone
- Wax
- Others
By Form:
- Solid Agents
- Fluid Agents
- Water-based Agents
By Application:
- Bakery Products
- Confectionery Products
- Processed Meal
- Others
By Distribution Channel:
- Direct
- Indirect
- Hypermarket/Supermarket
- Modern Grocery Stores
- Specialty Stores
- Convenience Stores
- Online Retail
- Other Channels
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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