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.
Currently, there are many producing companies in the world Food Grade Lubricants industry, especially in Europe and North America.
Europe is the largest supplier of Food Grade Lubricants, with a production market share nearly 47.59% and sales market share nearly 31.84% in 2015. 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 40.49% and the sales market share over 29.12%. Asia (Ex. China) is another important market of Food Grade Lubricants, enjoying 4.62% production market share and 14.69% sales market share.
Food Grade Lubricants is used in Food, Beverages and Pharmaceuticals & Cosmetics areas. Report data showed that 51.71% of the Food Grade Lubricants market demand in Beverages application, 31.71% in commercial transport application, and 16.59% in Pharmaceuticals & Cosmetics areas in 2015.
There are three kinds of Food Grade Lubricants, which are Mineral Oil, Synthetic Oil and Bio-based Oil Mineral Oil is wildly used in the Food Grade Lubricants, with a production market share nearly 79.16% in 2015.

The Global Food Grade Lubricants Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Food Grade Lubricants Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

FUCHS
British Petroleum
TOTAL
Exxon Mobil
Petro-Canada
Chemtura (Anderol)
Kluber
ITW
SKF
Jax Inc.

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Mineral Oil
Synthetic Oil
Bio-based Oil
In Market segmentation by applications :

Food
Beverages
Pharmaceuticals & Cosmetics

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Food Grade Lubricants Market for the forecast period 2023 - 2030?
• What are the driving forces in the Food Grade Lubricants Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Food Grade Lubricants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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