The major changes happening in the food grade lubricant is the shift from mineral base oil feedstock to synthetic base oil feedstock driven by the increasing demand for high performance and extended service life of industrial machines.
Chicago, July 26, 2022 (GLOBE NEWSWIRE) -- According to Arizton’s latest research report, the food grade lubricants market is expected to grow at a CAGR of over 5% during 2022-2027. The pet food industry is one of the major end-users of food-grade lubricant products. The pet food industry is expected to reach $169.81 billion by 2027. Chemical contamination occurs during production, processing, storage, and packaging processes. Therefore, food-grade lubricants certified with NSF (National Sanitation Foundation) H1 are used across pet food processing equipment, such as pelleting machines, gearboxes, exhausting ventilators, fans, and hydraulic systems.
Synthetic oils such as PAOs (Poly Alpha Olefins) and PAG (POLYALKYLENE GLYCOL) are experiencing significant growth due to their superior properties compared with mineral oil. Synthetic base oil offers high flash points, can withstand any operating temperature, and the service life of the machine is twice that of mineral oil. However, one of the major aspects hindering its growth is its availability at a high cost than mineral base oil. Primarily, the penetration of synthetic base oil is being hampered in the developing economies of India and Mexico due to its high cost, and India, being a price-sensitive market, does not want to pay a high price for similar functions. On the other hand, food-grade lubricants formulated from synthetic base oil are flourishing in developed economies of the US and Europe.
Food Grade Lubricants Market Report Scope
Base Oil, Grade, Application, and Region
North America, Europe, APAC, Latin America, and Middle East & Africa
US, Canada, Brazil, Mexico, Rest of Latin America, Egypt, Turkey, Iran, Rest of the Middle East & Africa, Germany, France, Russia, Italy, U.K., Rest of Italy, China, Japan, India, Indonesia, Australia, Rest of APAC
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In recent years, the use of bio-based lubricants in food and beverage processing machines and other industries such as pharmaceutical and cosmetics has significantly increased. Traditional values and goodness associated with the products and the absence of chemical products are driving manufacturing industries towards the use of natural Food-grade lubricant products.
Food-grade lubricants are formulated from base oil feedstock along with additives. Due to the increasing demand for organic and bio-based products, the bio-based feedstock is gaining momentum. By adding high-performance additives to petroleum-based oil, both established and new vendors in the food-grade lubricant market are emphasizing producing products that should meet all the performance criteria of petroleum-based base oil.
Food-grade lubricant vendors are offering products with Kosher and Halal certifications. Food-grade lubricants exported, imported, or produced in Europe, Israel, the US, and other major markets should comply with Kosher certifications in locations with a high Jewish population. Kosher certifications ensure that all the ingredients, substances, tools, or machinery used in the production or during the production are in accordance with the Jewish Kashrut laws.
Increasing production & demand for processed & packaged food, stringent regulation to eliminate the chances of toxicity caused by chemical present in the lubricant, and the rising concern over food safety products are the prime factors driving the demand for food grade lubricants.
Furthermore, the food grade lubricants based on vegetable oil is gaining momentum driven by the need to reduce carbon footprint, and growing awareness regarding environmental sustainability. Furthermore, several companies are emphasizing on using organic sources in their operation due to their vision to become a net zero emission company by 2050.
The H1 grade segment made the highest contribution to the food grade lubricant market and is expected to grow at a CAGR of 5.80% during the forecast period.
Lubricants certified with H1 indicates the utmost safety of the food and ensures customer that the chemical present in the lubricant is non-toxic and can be safely used in food processing equipment for incidental food contact.
Presently, Europe dominates the food grade lubricant market. However, going forward APAC is expected to lead the market driven by the increasing GDP, purchasing power, along with the growth of the food & beverages, cosmetics, and pharmaceutical industry.
Market Size & Forecast by Value | 2021−2027
Market Dynamics – Leading trends, growth drivers, restraints, and investment
Opportunities Market Segmentation – A detailed analysis by base oil, grade, application, and geography
Competitive Landscape – 5 key vendors and 16 other vendors
Carl Bechem Lubricant India Private Limited
6.1 Global Food-Grade Lubricants Market (2021-2027)
8.3.2 Criteria for Using Food Grade Grease Over Oil-
8.3.4 Criteria to Use Food Grade Oil Over Grease
9.1 High Growth Potential in Emerging Economies
9.3 Escalating Demand for Premium Pet Food
10.1 Rising Demand for Packaged and Processed Food
10.2 Rising Popularity of Bio-Based Food-Grade Lubricant
11.2 Performance Limitations of H1 Food-Grade Lubricants
13.1 Market Snapshot & Growth Engine
14.1 Market Snapshot & Growth Engine
15.1 Market Snapshot & Growth Engine
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Read some of the top-selling reports:
Agricultural Lubricants Market – Global Outlook and Forecast 2022-2027
Mineral Oil Market - Global Outlook & Forecast 2022-2027
Synthetic Lubricants Market- Global Outlook and Forecast 2022-2027
Base Oil Market - Global Outlook & Forecast 2022-2027
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