Food Grade Lubricant Demand and Developments in Asia Pacific Drive the Global Growth

Food-grade lubricants are lubricants that are specifically designed for use in food processing and other related industries that handle food products, such as the dairy industry. Food-grade lubricants are lubricating oils and greases created especially for use in applications that prepare and package food, beverages, and pharmaceuticals. They are made to meet the strict standards of numerous regulatory agencies and are created to be non-toxic and suitable for usage around food goods. Food-grade lubricants are made using materials that adhere to strict food industry standards including those set by NSF International, the USDA, and the FDA. They are highly refined, non-toxic, and tasteless.

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Food-grade lubricants are used to lubricate moving parts in food processing equipment such as pumps, conveyors, mixers, and other machinery. They provide a protective coating to help reduce friction and wear and tear, extending the machine's life. They also help to reduce the risk of food contamination and ensure that all machinery is running safely and efficiently. The growing need for food safety and the need to comply with industry regulations is driving up demand for food-grade lubricants. With the rise of organic and natural food production, more companies are looking to use food-grade lubricants to help reduce the risk of contamination of their products. The Food-grade lubricants?market is projected to reach USD 495 million by 2027, at a CAGR of 7.0% from USD 352 million in 2022. This growth is primarily triggered by the increasing demand for processed food products such as meat, bakery, dairy and sugar.?

The use of various food-grade lubricants, such as H1 lubricants, H2 lubricants, 3H lubricants, and H3 lubricants, has grown in popularity as health risks associated with mineral oil-based lubricants have come to light.

The key market players profiled in the report include? 埃克森美孚 Corporation (US), TotalEnergies SE (France), Fuchs Petrolub SE AG (Germany), bp plc. (UK), Petro-Canada Lubricants Inc.?(Canada), 雪佛龙 Corporation (US), 陶氏化学 Company (US), Klüber Lubrication München SE & Co. KG (Germany), 斯凯孚 (Sweden) and Illinois Tools Works Inc. (US) among others.

Synthetic food-grade lubricants are formulated from artificially synthesized chemicals such as poly-alpha-olefins, polyalkylene glycols, silicones, and esters. It is projected to account for the largest share of the global food-grade lubricants market, in terms of both value and volume, during the forecast period. Synthetic lubricants are relatively costlier than mineral oil based lubricants. The demand for synthetic lubricants is increasing in the food and beverages industry, owing to their high performance.

The food application includes all food processing industries such as dairy, confectionery, meat, animal feed, and breakfast foods, among others. It is the largest application for food grade lubricants. Food processing is one of the largest industries in the world and is growing at a rapid pace. Major food manufacturers have increased their production output to meet the high demand for processed food products. This requires the proper functioning of machinery in food processing industries. All these factors drive the demand for food grade lubricants in food applications.?

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Asia Pacific is the largest market for food-grade lubricants, followed by Europe and North America.?It is expected to grow faster than other regions primarily due to the rapid growth of end-use industries. The region is witnessing high growth in the food & beverages industry, along with associated auxiliary industries. The rising income of middle-class families has increased the purchasing power of consumers; the rising working women population has boosted the consumption of convenience foods; this is propelling the region’s food sector, and in turn, driving the food grade lubricants market growth. The increasing demand for convenience foods and beverages has also led to an increase in the use of food grade lubricants, as they are essential for maintaining the quality of the products and for meeting stringent food safety regulations.