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According to our (Global Info Research) latest study, the global Food Grade Lubricants market size was valued at USD 251.5 million in 2023 and is forecast to a readjusted size of USD 360.1 million by 2030 with a CAGR of 5.3% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Food Grade Lubricants industry chain, the market status of Meat & Pork Processing (H1, H2), Poultry (H1, H2), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Food Grade Lubricants.
Regionally, the report analyzes the Food Grade Lubricants markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Food Grade Lubricants market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Food Grade Lubricants market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Food Grade Lubricants industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K USGs), revenue generated, and market share of different by Type (e.g., H1, H2).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Food Grade Lubricants market.
Regional Analysis: The report involves examining the Food Grade Lubricants market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Food Grade Lubricants market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Food Grade Lubricants:
Company Analysis: Report covers individual Food Grade Lubricants manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Food Grade Lubricants This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Meat & Pork Processing, Poultry).
Technology Analysis: Report covers specific technologies relevant to Food Grade Lubricants. It assesses the current state, advancements, and potential future developments in Food Grade Lubricants areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Food Grade Lubricants market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Food Grade Lubricants market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- H1
- H2
- 3H
Market segment by Application
- 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
Major players covered
- FUCHS
- TOTAL
- British Petroleum
- Exxon Mobil
- Petro-Canada
- Jax Inc
- SKF
- Kluber
- ITW
- Anderol
- Lubriplate
- SINOPEC
- VNOVO
- SVKV Sokooil
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Food Grade Lubricants product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Food Grade Lubricants, with price, sales, revenue and global market share of Food Grade Lubricants from 2019 to 2024.
Chapter 3, the Food Grade Lubricants competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Food Grade Lubricants breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Food Grade Lubricants market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Food Grade Lubricants.
Chapter 14 and 15, to describe Food Grade Lubricants sales channel, distributors, customers, research findings and conclusion.