Latest research report on “Food Grade Lubricants Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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.
This report contains market size and forecasts of Food Grade Lubricants in global, including the following market information:
Global Food Grade Lubricants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Food Grade Lubricants Market Sales, 2017-2022, 2023-2028, (K USGs)
Global top five Food Grade Lubricants companies in 2021 (%)
The global Food Grade Lubricants market was valued at 251.5 million in 2021 and is projected to reach US$ 360.1 million by 2028, at a CAGR of 5.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
H1 Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Food Grade Lubricants include FUCHS, TOTAL, British Petroleum, Exxon Mobil, Petro-Canada, Jax Inc, SKF, Kluber and ITW, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Food Grade Lubricants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Grade Lubricants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K USGs)
Global Food Grade Lubricants Market Segment Percentages, by Type, 2021 (%)
Global Food Grade Lubricants Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K USGs)
Global Food Grade Lubricants Market Segment Percentages, by Application, 2021 (%)
– Meat & Pork Processing
– Agri Processing (grain, oilseed, corn, rice)
– Animal Food & Nutrition
– Beverage including Soft Drinks and Distilleries
– Frozen Fruit/Veg
– Other Bakeries
Global Food Grade Lubricants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K USGs)
Global Food Grade Lubricants Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Food Grade Lubricants revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Food Grade Lubricants revenues share in global market, 2021 (%)
Key companies Food Grade Lubricants sales in global market, 2017-2022 (Estimated), (K USGs)
Key companies Food Grade Lubricants sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– British Petroleum
– Exxon Mobil
– Jax Inc
– SVKV Sokooil
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