Markoorsig

The global food grade lubricants market is expected to reach a value of USD 384.7 miljoen deur 2027, growing at a CAGR of 5.48% van 2022 aan 2027. The demand for high-performance lubricants in industrial machinery has been increasing over the years. Along with this, consumer awareness and government regulations have also been on the rise. As a result, manufacturers are focusing on improving the quality of lubricants by employing advanced technology and high-quality raw materials. Consumers are becoming more conscious about the hygiene and safety of packaged products they consume, and the use of food grade lubricants plays a crucial role in enhancing machine performance while preventing microbial contamination of the product.

Food grade lubricants are specifically designed for use in industrial machinery such as conveyor belts, pumps, tanks, mixers, hoses, pipes, and chain drives. They protect these devices from rust, corrosion, oxidation, breakdown, and heat. Daarbenewens, they ensure food safety in the event of accidental contact with food.

The increasing urbanization, changing lifestyles, time constraints in food preparation, growing population, and rising purchasing power, particularly in China and India, are driving the demand for processed and packaged food worldwide. According to a study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Grant Thornton UK, India’s food processing sector is expected to attract USD 33 billion in investment by 2024, as total food production in India is projected to double by that time. This growth creates a demand for food grade lubricants. However, the food grade lubricants market is highly fragmented, and product differentiation is crucial as several brands compete for attention.

The increasing focus on reducing foodborne illnesses and promoting hygiene in food processing facilities is positively impacting the growth of the food grade lubricants market. Regulatory bodies such as the U.S. FDA, NSF, EFSA, and CFIA monitor the use of components in food grade lubricants to mitigate the risk of cross-contamination from biological and chemical agents, preventing foodborne diseases and assuring customers about the safety of food products.

One of the major challenges in the food grade lubricant industry is the performance limitation of H1 food grade lubricants. According to USDA regulations, the top 10 parts per million of oil are allowed in H1 food grade lubricants that come into contact with food. This indicates that H1 food grade lubricants may not be suitable for machines producing moderate or small quantities of food. Furthermore, they can adversely affect device performance in terms of rust and corrosion. Similarly, H1 food grade lubricants may not be optimal for can seaming machines, as these machines require solid or dry oil to generate high friction, wear, and heat. gevolglik, there is a higher risk of food contamination under such circumstances.

Marksegmentasie

The market is segmented based on various factors, including base oil, grade, application, en streek.

Segmentation by Base Oil
Mineral
Synthetic
Bio-Based

Segmentation by Grade
H1
H2
H3

Segmentation by Application
Food
Pharmaceutical
Cosmetic
Beverage
Ander

Segmentation by Geography
Noord-Amerika – US, Kanada
Europa – Duitsland, Frankryk, UK, Italië, Rusland, Rest of Europe
APAC – Sjina, Japan, Indië, Indonesië, Australië, Rest of APAC
Latyns-Amerika – Brasilië, Mexiko, Rest of Latin America
Middle East & Africa – Turkye, Egipte, Iran, Rest of MEA

H1 lubricants are expected to be the largest segment in the food grade lubricants market. However, the H2 food grade lubricant segment is projected to witness higher growth and dominate the market during the forecast period. H1 lubricants are globally recognized certifications used in the food and beverage industry, particularly in scenarios where incidental food contact is possible. These lubricants are extensively utilized across various food and beverage processing machines such as conveyor belts, pumps, and mixers involved in blending, canning, cutting, cooking, slicing, peeling, brewing, and bottling processes. The certification of food grade lubricants with NSF-H1 ensures the maintenance of food safety standards, as the chemical constituents within the lubricating oils are non-toxic, significantly reducing the risk of foodborne diseases.

Although the mineral oil market held the largest share in the food grade lubricants market in 2021, the synthetic lubricant market is expected to take the lead during the forecast period. Food grade lubricants formulated with white mineral oil, designed to withstand incidental food contact, feature highly refined premium quality base oils without any additives. They offer excellent protection against rust and corrosion, ensure oxidative stability, and safeguard equipment from wear and tear.

Food-grade lubricating oils find primary usage across food and beverage, cosmetics, pharmaceuticals, and animal food processing plants. In the future, the food industry is expected to continue dominating the market, driven by the increasing demand for bakery food, dairy products, cereals, seafood, poultry, and ready-to-eat food, fueled by population growth and rising purchasing power, especially in emerging economies. According to a report by the United Nations (U.N.), the global population is expected to reach 8.5 billion by 2030.

In terms of regional markets, APAC was the third largest and fastest-growing food grade lubricants market. China led the region due to the extensive use of food grade oils in food processing, pharmaceuticals, and animal feed processing industries. The outbreak of Covid-19 played a significant role in stimulating the demand for packaged and quick-frozen foods in China, driven by strict regulations. Despite continued lockdowns and virus spread, the production volume in 2021 increased by 6.3%. Countries such as India, South Korea, and Japan are also contributing to market growth, thanks to their rising young and middle-class populations and increased purchasing power. For instance, India’s middle-class population is projected to reach around 800 million people with significant spending power of 80% by 2030, as per a report by World Data. gevolglik, higher disposable incomes translate to increased demand for packaged food, premium food, and cosmetics, thereby fueling the need for food-grade lubricating oils.

Mededingende landskap

The competitive landscape in the global food grade lubricants market is currently experiencing a heightened level of intensity. This can be attributed to the rapidly evolving technological landscape and increasing emphasis on sustainability. Vendors in this market face the challenge of meeting customer expectations for continuous innovation and product upgrades. Furthermore, the market is characterized by fragmentation, with numerous players offering high-functionality products.

Key companies profiled in this report include Exxon Mobil Corporation, TotalEnergies, FUCHS, Petro Canada Lubricants, Castrol, Valvoline Inc., Kluber Lubrication, Metalube, Renewable lubricants, Cortec Corporation, Interflon, Repsol, Haynes Lubricants, DuBois Chemicals, Lubriplate Lubricants Company, Carl Bechem Lubricant India Private Limited, Mosil Lubricants, Petrelplus Inc., Vinayak Oil, Condat, Addinol.

Recent Industry Developments

In September 2021, Fuchs announced its decision to commence local production of the CASSIDA range of food grade lubricant products in South Africa. This strategic move aims to establish the company as a dominant player in the market while also allowing for cost savings. Notably, the Southern African Development Community (SADC) does not impose duties on locally produced goods, further facilitating Fuchs’ production operations.

In January 2022, Petro Canada Lubricants introduced a new product line called PURITY FG Synthetic Compressor Fluid. This innovative product has obtained registration by NSF as an H1 lubricant, indicating its suitability for use in food processing environments. It fully aligns with Hazard Analysis and Critical Control Point (HACCP) and Good Manufacturing Practice (GMP) plans, attesting to its superior quality and compliance with industry standards in the food sector.

In 2018, Petro Canada Lubricants achieved a significant milestone by becoming the first global supplier of both food grade and non-food grade hydraulic fluid to Husky Injection Molding Systems. The specific product supplied was the PURITY FG Synthetic Fluid 46, further solidifying Petro Canada Lubricants’ position as a trusted provider of lubricants to the food industry.

In 2021, Petro Canada Lubricants made improvements to its PURITY FG2 food grade lubricant by incorporating MICROL MAX grease into its formulation. This addition enhances the product’s performance and extends its antimicrobial properties. Furthermore, the MICROL MAX grease utilized in this lubricant is registered by the U.S. Environmental Protection Agency (EPA), ensuring its safety and efficacy in food grade applications.

Key Questions Answered

WHAT IS THE MARKET SIZE OF FOOD GRADE LUBRICANTS?

The food grade lubricants market is projected to reach USD 384.7 miljoen deur 2027, up from USD 293.3 miljoen in 2022.

WHAT IS THE GROWTH RATE OF THE FOOD GRADE LUBRICANTS MARKET?

The food grade lubricants market is expected to grow at a compound annual growth rate (CAGR) van 5.48% during the period from 2022 aan 2027.

WHAT ARE THE DRIVING FACTORS FOR GROWTH IN THE FOOD GRADE LUBRICANTS MARKET?

Two major factors contributing to the growth of the food grade lubricants market are the increasing demand for packaged and processed food and the growing popularity of bio-based food grade lubricants.

WHO ARE THE MAJOR PLAYERS IN THE FOOD GRADE LUBRICANTS MARKET?

Key players in the food grade lubricants market include Exxon Mobil Corporation, TotalEnergies, FUCHS, Petro Canada Lubricants, and Castrol.

WHICH REGION DOMINATES THE FOOD GRADE LUBRICANTS MARKET?

North America holds the largest share in the food grade lubricants market.