Product Code: PM2526
The global food grade lubricants market size is expected to reach USD 607.11 million by 2030, according to a new study by Polaris Market Research. The report "Food Grade Lubricants Market Share, Size, Trends, Industry Analysis Report, By Type (Mineral Oil and Synthetic); By Form; By Application; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into the current market dynamics and provides analysis on future market growth.
The bio-based food-grade lubricants are expected to grow in the market in the coming years. Most food-grade lubricants are manufactured with the base of white oil, a product obtained from the distillation of petroleum. The use of petroleum for lubricant production is neither sustainable nor will it be feasible in the long run.
As a result, research is being conducted on the usage of vegetable and grain-based oil as a base for manufacturing emollients used in the F&B industry. These oils are natural, with fewer additives added during the production of the emollients.
Raw materials used for the production of bio-based lubricants resources are renewable, much more sustainable, and environment-friendly. The use of bio-based lubricant in the food grade lubricant will result in increased adoption from environmentally conscious companies, thus providing lucrative opportunities in the industry.
Machinery used in the F&B industry undergoes a lot of wear and tear due to extreme temperatures and high utility rates. A lot of the machinery comes in direct contact with the beverages being produced, so the lubricants used in the machinery have to be completely consumables safe while also being highly durable.
Processing is done using chemical components and additives that help make the emollients more resistant to extreme operating environments and can also reduce the level of toxicity. These properties and advantages of synthetic lubricants are prominent factors for increased adoption in the industry.
Based on form, food-grade lubricant grease is a semi-solid, paste-like, oily, and sticky substance. It is non-toxic and can be synthetic or natural. It is used for parts of the machinery that are mostly in the open where there is a fear of leakage. It is very useful for applications on chains and conveyor belts, as it sticks to them and provides lubrication for very long periods of time. Therefore, improvement in quality and reduction in prices can further provide new growth opportunities in the industry.
Food Grade Lubricants Market Report Highlights
Mineral oil segment accounted for the largest market share in 2021 under type
Oil segment is expected to be the fastest growing segment during the forecast period.
The pharmaceuticals segment is expected to have a substantial growth during the forecast period. Growing prevalence of myriad of diseases has bolstered the global production of medicines by pharmaceutical industries.
North America region will lead the global food grade lubricant market by 2030 The global market is highly competitive owing to the existence of large market players with global presence including include BP PLC, Brit-Lube, Clearco Products Co., Inc, Condat, David Weber Oil Co, Exxon Mobil Corporation, Freudenberg Group, Fuchs Group.
Polaris Market Research has segmented the food grade lubricants market report based on type, form, application, and region:
Food Grade Lubricants, Type Outlook (Revenue - USD Million, 2018 - 2030)
Mineral Oil
Synthetic
Food Grade Lubricants, Form Outlook (Revenue - USD Million, 2018 - 2030)
Oil
Grease
Food Grade Lubricants, Application Outlook (Revenue - USD Million, 2018 - 2030)
Food
Beverages
Pharmaceuticals
Others
Food Grade Lubricants, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Food Grade Lubricants Market Insights
- 4.1. Food Grade Lubricants - Industry Snapshot
- 4.2. Food Grade Lubricants Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing applications in the food & beverages industry
- 4.2.1.2. Stringent food and beverages safety regulations
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of proper training and product awareness
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Food Grade Lubricants Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Food Grade Lubricants Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 5.3. Mineral Oil
- 5.3.1. Global Food Grade Lubricants Market, by Mineral Oil, by Region, 2018 - 2030 (USD Million)
- 5.4. Synthetic
- 5.4.1. Global Food Grade Lubricants Market, by Synthetic, by Region, 2018 - 2030 (USD Million)
6. Global Food Grade Lubricants Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 6.3. Oil
- 6.3.1. Global Food Grade Lubricants Market, by Oil, by Region, 2018 - 2030 (USD Million)
- 6.4. Grease
- 6.4.1. Global Food Grade Lubricants Market, by Grease, by Region, 2018 - 2030 (USD Million)
7. Global Food Grade Lubricants Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 7.3. Food
- 7.3.1. Global Food Grade Lubricants Market, by Food, by Region, 2018 - 2030 (USD Million)
- 7.4. Beverages
- 7.4.1. Global Food Grade Lubricants Market, by Beverages, by Region, 2018 - 2030 (USD Million)
- 7.5. Pharmaceuticals
- 7.5.1. Global Food Grade Lubricants Market, by Pharmaceuticals, by Region, 2018 - 2030 (USD Million)
- 7.6. Others
- 7.6.1. Global Other Food Grade Lubricants Market, by Region, 2018 - 2030 (USD Million)
8. Global Food Grade Lubricants Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Food Grade Lubricants Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 8.3. Food Grade Lubricants Market - North America
- 8.3.1. North America: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.3.2. North America: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.3.3. North America: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.3.4. Food Grade Lubricants Market - U.S.
- 8.3.4.1. U.S.: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.3.4.2. U.S.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.3.4.3. U.S.: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.3.5. Food Grade Lubricants Market - Canada
- 8.3.5.1. Canada: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.3.5.2. Canada.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.3.5.3. Canada: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4. Food Grade Lubricants Market - Europe
- 8.4.1. Europe: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.2. Europe.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.3. Europe: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.4. Food Grade Lubricants Market - UK
- 8.4.4.1. UK: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.4.2. UK.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.4.3. UK: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.5. Food Grade Lubricants Market - France
- 8.4.5.1. France: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.5.2. France.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.5.3. France: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.6. Food Grade Lubricants Market - Germany
- 8.4.6.1. Germany: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.6.2. Germany.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.6.3. Germany: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.7. Food Grade Lubricants Market - Italy
- 8.4.7.1. Italy: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.7.2. Italy.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.7.3. Italy: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.8. Food Grade Lubricants Market - Spain
- 8.4.8.1. Spain: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.8.2. Spain.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.8.3. Spain: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.9. Food Grade Lubricants Market - Netherlands
- 8.4.9.1. Netherlands: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.9.2. Netherlands.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.9.3. Netherlands: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.4.10. Food Grade Lubricants Market - Russia
- 8.4.10.1. Russia: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.4.10.2. Russia.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.4.10.3. Russia: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5. Food Grade Lubricants Market - Asia Pacific
- 8.5.1. Asia Pacific: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.2. Asia Pacific.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.3. Asia Pacific: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5.4. Food Grade Lubricants Market - China
- 8.5.4.1. China: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.4.2. China.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.4.3. China: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5.5. Food Grade Lubricants Market - India
- 8.5.5.1. India: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.5.2. India.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.5.3. India: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5.6. Food Grade Lubricants Market - Malaysia
- 8.5.6.1. Malaysia: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.6.2. Malaysia.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.6.3. Malaysia: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5.7. Food Grade Lubricants Market - Japan
- 8.5.7.1. Japan: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.7.2. Japan.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.7.3. Japan: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5.8. Food Grade Lubricants Market - Indonesia
- 8.5.8.1. Indonesia: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.8.2. Indonesia.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.8.3. Indonesia: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.5.9. Food Grade Lubricants Market - South Korea
- 8.5.9.1. South Korea: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.5.9.2. South Korea.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.5.9.3. South Korea: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.6. Food Grade Lubricants Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.6.2. Middle East & Africa.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.6.3. Middle East & Africa: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.6.4. Food Grade Lubricants Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.6.4.2. Saudi Arabia.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.6.4.3. Saudi Arabia: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.6.5. Food Grade Lubricants Market - UAE
- 8.6.5.1. UAE: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.6.5.2. UAE.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.6.5.3. UAE: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.6.6. Food Grade Lubricants Market - Israel
- 8.6.6.1. Israel: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.6.6.2. Israel.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.6.6.3. Israel: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.6.7. Food Grade Lubricants Market - South Africa
- 8.6.7.1. South Africa: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.6.7.2. South Africa.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.6.7.3. South Africa: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.7. Food Grade Lubricants Market - Latin America
- 8.7.1. Latin America: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.7.2. Latin America.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.7.3. Latin America: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.7.4. Food Grade Lubricants Market - Mexico
- 8.7.4.1. Mexico: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.7.4.2. Mexico.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.7.4.3. Mexico: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.7.5. Food Grade Lubricants Market - Brazil
- 8.7.5.1. Brazil: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.7.5.2. Brazil.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.7.5.3. Brazil: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
- 8.7.6. Food Grade Lubricants Market - Argentina
- 8.7.6.1. Argentina: Food Grade Lubricants Market, by Type, 2018 - 2030 (USD Million)
- 8.7.6.2. Argentina.: Food Grade Lubricants Market, by Application, 2018 - 2030 (USD Million)
- 8.7.6.3. Argentina: Food Grade Lubricants Market, by Form, 2018 - 2030 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. BP PLC
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Brit-Lube
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Clearco Products Co., Inc
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Condat
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. David Weber Oil Co
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Exxon Mobil Corporation
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Freudenberg Group
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Fuchs Group
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. HollyFrontier Corporation
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Hydrotex Lube
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. International Products Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Interflon
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Lubriplate Lubricants Company
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Repsol
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. SKF Group
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development