Food Grade Lubricants Market Overview
Food-grade lubricants (oils or greases) certified NSF H1 or INS must meet specific criteria related to food compatibility, after spills, overflows or lubrication defects that are likely to come into accidental contact with the food being prepared, and with complete safety for the food being produced. A viscous lubricant and preservative, Vaseline can be processed as a lubricant with the lubricating properties of oil. Considering the unique formula, suitable for use in the food industry. There are 4 types of lubricants such as oils, greases, penetrating lubricants and dry lubricants, the 2 most common lubricants you deal with on a daily basis are oils and greases. The food and beverage industry is a challenging market where product efficiency needs to be improved while maintaining safety and hygiene. There are increasing health concerns regarding the use of inappropriate lubricants in the manufacture of various food-type products. It is important to use food grade lubricants in food production facilities to avoid potential product contamination and associated unnecessary costs. Food-grade lubricants must perform the same technical functions as any other lubricant providing protection against wear, friction, corrosion and oxidation, heat dissipation and power transfer, compatibility with rubber and other sealing materials as well as providing a sealing effect in some cases. In addition, different applications in the food and pharmaceutical industries demand that lubricants resist degradation from food products, chemicals and water/steam, must show neutral behavior towards plastics and elastomers, and these oils must also adhere to food. Health and safety regulations, as well as being physically inert, tasteless, odorless and internationally recognized. Lubricants can be subjected to severe environmental contaminants, with the corn-milling environment generating significant dust. Although the silica-based dust is not so hard that it poses a problem for filtration, the meat plant always requires strict steam cleaning, so the risk of water contamination is high, with some plants experiencing as much as 15 percent water content in their gear oil. Another aspect of lubricant contamination that poses a threat to food grade lubricants is the growth of microorganisms such as bacteria, yeasts and fungi. While these can pose a hazard in industrial environments, the chance of contamination is greater in food production environments. Demand for lubricants from end-use industries such as food, beverages, pharmaceuticals, cosmetics, and others is projected to show a steady upward trend during the forecast period. Additionally, increased consumption of food products such as dairy products, meat, and beverages is projected to drive the demand for food grade over the forecast period.
|
Attributes |
Details |
|
Food Grade Lubricants Market Value (2022) |
US$ 282.9 Mn |
|
Food Grade Lubricants Market Projected Value(2032) |
US$ 487.2 Mn |
|
Food Grade Lubricants Market CAGR (2022-2032) |
7.5% |
Food Grade Lubricants Market Dynamics
Major factors driving the market are increase in food safety regulations, increased use of food grade lubricants in the food and beverage industry, and growing applications in various industries. Growth in industries such as dairy products, animal feed, beverages, meat processing, sugar, bakery products, processed fruits and vegetable products has a positive impact on the demand for food grade lubricants. It contains no natural products derived from animals, nuts or genetically modified organisms, is suitable for use where vegetarian and nut-free food is prepared and does not promote the growth of bacteria or fungal organisms. Food-grade lubricants are used in manufacturing units of processed food, thus, increase in demand for processed food will drive the market growth during the forecast period. Availability of low-cost raw materials and changing consumer preferences towards healthier diets will further boost the food grade lubricants market during the forecast period. On the other hand, lack of awareness among manufacturers is hindering the growth of the studied market and the major problem faced by the grade lubricants industry is lack of awareness regarding the benefits of using food grade lubricants. Due to lack of awareness, most of the end users in developing countries are using food grade lubricants instead of conventional lubricants which countries are using conventional lubricants instead of food grade lubricants as they are cheaper. However, lack of knowledge and lack of understanding of food grade lubricants regulations and regulation and performance issues of H1 lubricants may hamper the food grade lubricants market. COVID-19 is an unprecedented global public health emergency that has affected almost every industry, and the long-term effects are predicted to impact industry growth during the forecast period.
Technological advancement
Lubricants may be invisible, but they are essential to the operation and safety of intensive food processing plants. Food processing technology sees the unique requirements of the lubricants used in the hygiene-intensive food plant environment. H1 lubricants have made significant advances in research and development over the years that have produced superior performing products. The search for better performance by lubricant manufacturers continues, particularly in the areas of food safety and environmental impact. SKF has recently launched a range of food-grade lubricants to enhance the reliability and safety of applications in the food and beverage industry, specially developed products that are NSF/H1, Kosher and Halal approved. In December 2021, Renewable Lubricants Inc. launched a new food-grade Bio Extreme High-Temperature Oven Lubricant that operates at extremely high temperatures of up to 2,000 degrees Celsius. These lubricants are ideal for roller chains on sump conveyors, beverage can lines, bakery oven chains and other food processing applications. Manufactures involved in Food Grade Lubricants Market are developing advanced versions of their products due to new age technological advancements. Key players of Food Grade Lubricants are investing more in power systems and creating more modern, timesaving, cost-effective technology that has a positive impact on the Food Grade Lubricants Market.
Food Grade Lubricants Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report. The Food Grade Lubricants Market is segmented based on product type, form, application, and region.
On the basis of Product type, the Food Grade Lubricants Market is segmented into Synthetic Oil (PAO, PAG, Others), Mineral Oil, Bio-Based. On the basis of form, the target market is classified into Oil and Grease. On the basis of application, the target market is classified into Food (Bakery, Dairy, Sugar, Meat, Poultry & Seafood, Animal Feed, Others), Beverages (Carbonated Soft Drinks, Fruit Beverages, Sports Drinks, Alcoholic Beverages, Others), Pharmaceuticals and Cosmetics, Others.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Food Grade Lubricants Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe dominates the food grade lubricants market, however going forward APAC is expected to lead the market with rising GDP, purchasing power, growth in food and beverages, cosmetics and pharmaceutical industry. The European food grade lubricants market is estimated to witness a significant high revenue share during the forecast period. The reason for the high consumption of lubricants in Europe is due to the strict food safety and regulation in the European region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2022 |
|
Forecast period |
2022 – 2032 |
|
Market representation |
Revenue in USD Million & CAGR from 2022 to 2032 |
|
Market Segmentation |
By Product Type - Synthetic Oil (PAO, PAG, Others), Mineral Oil, Bio-Based By Form - Oil and Grease By Application - Food (Bakery, Dairy, Sugar, Meat, Poultry & Seafood, Animal Feed, Others), Beverages (Carbonated Soft Drinks, Fruit Beverages, Sports Drinks, Alcoholic Beverages, Others), Pharmaceuticals and Cosmetics, Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Food Grade Lubricants Market report based on product type, form, application, and region:
Food Grade Lubricants Market, By Product Type:
- Synthetic Oil (PAO, PAG, Others)
- Mineral Oil
- Bio-Based
Food Grade Lubricants Market, By Form:
- Oil
- Grease
Food Grade Lubricants Market, By Application:
- Food (Bakery, Dairy, Sugar, Meat, Poultry & Seafood, Animal Feed, Others)
- Beverages (Carbonated Soft Drinks, Fruit Beverages, Sports Drinks, Alcoholic Beverages, Others)
- Pharmaceuticals
- Cosmetics
- Others
Food Grade Lubricants Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Food Grade Lubricants Market Key Players
The key players operating the Food Grade Lubricants Market includes, ExxonMobil Corporation, TotalEnergies SE, Petro-Canada Lubricants Inc., DOW Chemical Company, Chevron Corporation, Royal Dutch Shell, Lanxess Corporation, BP Plc, and SKF GmbH, IIIinois Tools Works Inc, Kluber Lubrication Munchen SE & Co. KG.
Food Grade Lubricants Market Company Profile
- ExxonMobil Corporation*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TotalEnergies SE
- Petro-Canada Lubricants Inc.
- DOW Chemical Company
- Chevron Corporation
- Royal Dutch Shell
- Lanxess Corporation
- BP Plc.
- SKF GmbH
- IIIinois Tools Works Inc.
“*” marked represents similar segmentation in other categories in the respective section
Recent Developments:
- In December 2022, ExxonMobil announced the successful startup of one of the largest advanced recycling facilities in North America. The company's integrated manufacturing facility in Baytown, Texas uses proprietary technology to break down hard-to-recycle plastics and convert them into raw materials.
- In September 2022, Petro-Canada announces improvements to the PURITY FG with MICROL product line by introducing PURITY FG2 with MICROL MAX grease. As part of the first industrial strength food grade lubricant line to include MICROL in the U.S. PURITY FG2 with MICROL MAX as an antimicrobial preservative registered for use in food grade lubricants by the Environmental Protection Agency has the necessary industry certifications and fits well with HACCP (Hazard Analysis) and critical control points) and GMP (Good Manufacturing Practice) schemes.
Food Grade Lubricants Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Forms
- Key Thickness Insights
- Secondary Data
- Major Secondary Forms
- Secondary Forms
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Food Grade Lubricants Market, By Product Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Synthetic Oil (PAO, PAG, Others)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Mineral Oil
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Bio-Based
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Food Grade Lubricants Market, By Form
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Oil
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Grease
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Food Grade Lubricants Market, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Food (Bakery, Dairy, Sugar, Meat, Poultry & Seafood, Animal Feed, Others)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Beverages (Carbonated Soft Drinks, Fruit Beverages, Sports Drinks, Alcoholic Beverages, Others)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Pharmaceuticals
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Cosmetics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Food Grade Lubricants Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Form, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- ExxonMobil Corporation
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TotalEnergies SE
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Petro-Canada Lubricants Inc.
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DOW Chemical Company
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chevron Corporation
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Royal Dutch Shell
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lanxess Corporation
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BP Plc.
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SKF GmbH
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IIIinois Tools Works Inc.
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Food Grade Lubricants Market is segmented based on product type, form, application, and region.
Major factors driving the market are increase in food safety regulations, increased use of food grade lubricants in the food and beverage industry, and growing applications in various industries.
Europe dominates the food grade lubricants market.
Key players operating in the Food Grade Lubricants Market includes ExxonMobil Corporation, TotalEnergies SE, Petro-Canada Lubricants Inc., DOW Chemical Company, Chevron Corporation, Royal Dutch Shell, Lanxess Corporation, BP Plc, and SKF GmbH, IIIinois Tools Works Inc.