The global Food Grade Lubricants market is valued at 200 million US$ in 2017 and will reach 300 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2018-2025.
Los Angeles, CA -- (SBWIRE) -- 10/25/2018 -- This report studies the global Food Grade Lubricants market status and forecast, categorizes the global Food Grade Lubricants market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
This report studies the Food Grade Lubricants market, 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. Similarly, the ISO provides certification 21469 to manufacturers with high sanitation and hygiene standards for manufacture of food grade lubricants. The manufacturers may also attain additional certifications for halal and kosher compliance. Food grade lubricants based on application is segmented into four categories, namely, food, beverages, pharmaceuticals & cosmetics, and others. The food application is the largest segment of the market.
Europe is the largest supplier of Food Grade Lubricants, with a production market share nearly 47.86% and sales market share nearly 32.06% in 2017. That is to say, there will be exports in Europe, while Europe also is the largest consumption region.
The second place is North America; following Europe with the production market share of 39.98% and the sales market share over 28.93%. Asia (Ex. China) is another important market of Food Grade Lubricants, enjoying 2.06% production market share and 16.39% sales market share in 2017.
Food Grade Lubricants is used in Food, Beverages and Pharmaceuticals & Cosmetics areas. Report data showed that 54.17% of the Food Grade Lubricants market demand in Food application, 28.73% in Beverages application, and 17.10% in Pharmaceuticals & Cosmetics areas in 2017.
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The major manufacturers covered in this report
FUCHS
TOTAL
British Petroleum
Exxon Mobil
Petro-Canada
Jax Inc.
SKF
ITW
Kluber
Anderol
Lubriplate
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Mineral Oil
Synthetic Oil
Bio-based Oil
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Food Industry
Beverages Industry
Pharmaceuticals & Cosmetics Industry
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