Report overview
Food grade lubricants are permitted for possible incidental contact with food products. The lubricants based on ingredients used are categorized as H1 (food grade lubricants, permitted for incidental contact), H2 (lubricants not permitted to have incidental contact), and H3 (soluble oils). The certification for this categorization is provided by organizations such as NSF International.
This report aims to provide a comprehensive presentation of the global market for Food Grade Lubricants, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Lubricants. This report contains market size and forecasts of Food Grade Lubricants in global, including the following market information:
Global Food Grade Lubricants Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Food Grade Lubricants Market Sales, 2018-2023, 2024-2029, (K USGs)
Global top five Food Grade Lubricants companies in 2022 (%)
The global Food Grade Lubricants market was valued at US$ 251.5 million in 2022 and is projected to reach US$ 360.1 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global food grade lubricants key players include FUCHS, TOTAL, British Petroleum, Exxon Mobil, etc. Global top 5 manufacturers hold a share over 54%.
Europe is the largest market, with a share about 50%, followed by North America and Japan, both have a share over 45 percent.
We surveyed the Food Grade Lubricants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Grade Lubricants Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K USGs)
Global Food Grade Lubricants Market Segment Percentages, by Type, 2022 (%)
H1
H2
3H
Global Food Grade Lubricants Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K USGs)
Global Food Grade Lubricants Market Segment Percentages, by Application, 2022 (%)
Meat & Pork Processing
Poultry
Agri Processing (grain, oilseed, corn, rice)
Animal Food & Nutrition
Dairy
Beverage including Soft Drinks and Distilleries
Packaging
Confection/Sugar
Frozen Fruit/Veg
Other Bakeries
Global Food Grade Lubricants Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K USGs)
Global Food Grade Lubricants Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Grade Lubricants revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Food Grade Lubricants revenues share in global market, 2022 (%)
Key companies Food Grade Lubricants sales in global market, 2018-2023 (Estimated), (K USGs)
Key companies Food Grade Lubricants sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
FUCHS
TOTAL
British Petroleum
Exxon Mobil
Petro-Canada
Jax Inc
SKF
Kluber
ITW
Anderol
Lubriplate
SINOPEC
VNOVO
SVKV Sokooil
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food Grade Lubricants, market overview.
Chapter 2: Global Food Grade Lubricants market size in revenue and volume.
Chapter 3: Detailed analysis of Food Grade Lubricants manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food Grade Lubricants in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Food Grade Lubricants capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
