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Food Grade Lubricant Market Report: Trends, Forecast and Competitive Analysis

May 2024 | 150 pages | ID: FA153D1D9B6CEN
Lucintel

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The future of the global food grade lubricant market looks promising with opportunities in the food, beverage, pharmaceutical, and cosmetic industries. The global food grade lubricant market is expected to grow with a CAGR of 6%-8% from 2020 to 2025. The major drivers for this market are the growing processed food industry and increasing concern over food safety.

A total of XX figures / charts and XX tables are provided in this more than 150-pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global food grade lubricant market report, please download the report brochure.

In this market, mineral is the largest base oil of food grade lubricant, whereas food is the largest application. Growth in various segments of the food grade lubricant market are given below:

The study includes trends and forecast for the global food grade lubricant market by base oil, application, and region as follows:

By Base Oil [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Mineral
  • Synthetic
  • PAO (Polyalphaolefin)
  • PAG (Polyalkylene Glycol)
  • Bio-Based
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
  • Food
  • Bakery
  • Sugar
  • Dairy
  • Meat Poultry
  • Sea Food
  • Beverages
  • Pharmaceuticals
  • Cosmetics
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Spain
  • Germany
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • The Rest of the World
  • Brazil
Some of the food grade lubricant companies profiled in this report include Fuchs Petrolub, BP, Total S.A., Petro-Canada Lubricants, Exxon Mobil, Kluber Lubrication Munchen, AB SKF, Chemtura, Illinois Tool Works, and Jax.

Lucintel forecasts that mineral based food grade lubricants will remain the largest base oil segment over the forecast period, as it has low cost and easy availability.

Within this market, food will remain the largest application segment over the forecast period due to increasing concern over food safety and rapid growth of the food processing industry.

Europe will remain the largest region over the forecast period due to the stringent food safety regulations and growing demand for proccessed food in the region. Asia Pacific is expected to witness the highest growth over the forecast period due to rising awareness of food safety and growing processed food industry in the region.

Features of the Global Food Grade Lubricant Market
  • Market Size Estimates: Global food grade lubricant market size estimation in terms of value ($M) shipment.
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
  • Segmentation Analysis: Global food grade lubricant market size by various segments, such as base oil and application in terms of value.
  • Regional Analysis: Global food grade lubricant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different base oil, application, and region for the global food grade lubricant market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global food grade lubricant market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global food grade lubricant market by by base oil (mineral, synthetic [PAO and PAG], and bio-based), application (food [bakery, sugar, dairy, meat poultry, and sea food], beverages, pharmaceuticals, and cosmetics), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global food grade lubricant market?
Q.5 What are the business risks and threats to the global food grade lubricant market?
Q.6 What are the emerging trends in this food grade lubricant market and the reasons behind them?
Q.7 What are some changing demands of customers in this food grade lubricant market?
Q.8 What are the new developments in this food grade lubricant market? Which companies are leading these developments?
Q.9 Who are the major players in this food grade lubricant market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this food grade lubricant market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global food grade lubricant market?

Report Scope

Key Features Description

Base Year for Estimation 2019

Trend Period

(Actual Estimates) 2014-2019

Forecast Period 2020-2025

Pages More than 150

Market Representation / Units Revenue in US $ Million

Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling

Market Segments Base Oil (Mineral, Synthetic [POG (Polyalphaolefin) and PAG (Polyalkylene Glycol)], and Bio-Based), and Application (Food [Bakery, Sugar, Dairy, Meat Poultry, and Sea Food], Beverages, Pharmaceuticals, and Cosmetics)

Regional Scope North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)

Customization 10% Customization without Any Additional Cost
1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T  2025

3.1: Macroeconomic Trends and Forecast
3.2: Global Food Grade Lubricant Market Trends and Forecast
3.3: Global Food Grade Lubricant Market by Base Oil
  3.3.1: Mineral
  3.3.2: Synthetic
    3.3.2.1: POG (Polyalphaolefin)
    3.3.2.2: PAG (Polyalkylene Glycol)
  3.3.3: Bio-Based
3.4: Global Food Grade Lubricant Market by Application
  3.4.1: Food
    3.4.1.1: Bakery
    3.4.1.2: Sugar
    3.4.1.3: Dairy
    3.4.1.4: Meat Poultry
    3.4.1.5: Sea Food
  3.4.2: Beverages
  3.4.3: Pharmaceuticals
  3.4.4: Cosmetics

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Global Food Grade Lubricant Market by Region
4.2: North American Food Grade Lubricant Market
  4.2.1: Market by Base Oil: Mineral, Synthetic, and Bio-Based
  4.2.2: Market by Application: Food, Beverages, Pharmaceuticals, and Cosmetics
  4.2.3: The United States Food Grade Lubricant Market
  4.2.4: The Canadian Food Grade Lubricant Market
  4.2.5: The Mexican Food Grade Lubricant Market
4.3: European Food Grade Lubricant Market
  4.3.1: Market by Base Oil: Mineral, Synthetic, and Bio-Based
  4.3.2: Market by Application: Food, Beverages, Pharmaceuticals, and Cosmetics
  4.3.3: The United Kingdom Food Grade Lubricant Market
  4.3.4: The Spanish Food Grade Lubricant Market
  4.3.5: The German Food Grade Lubricant Market
  4.3.6: The French Food Grade Lubricant Market
4.4: APAC Food Grade Lubricant Market
  4.4.1: Market by Base Oil: Mineral, Synthetic, and Bio-Based
  4.4.2: Market by Application: Food, Beverages, Pharmaceuticals, and Cosmetics
  4.4.3: The Chinese Food Grade Lubricant Market
  4.4.4: The Indian Food Grade Lubricant Market
  4.4.5: The Japanese Food Grade Lubricant Market
4.5: ROW Food Grade Lubricant Market
  4.5.1: Market by Base Oil: Mineral, Synthetic, and Bio-Based
  4.5.2: Market by Application: Food, Beverages, Pharmaceuticals, and Cosmetics
  4.5.3: Brazilian Food Grade Lubricant Market

5. COMPETITOR ANALYSIS

5.1: Market Share Analysis
5.2: Product Portfoli  Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. COST STRUCTURE ANALYSIS

6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin

7. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

7.1: Growth Opportunity Analysis
  7.1.1: Growth Opportunities for the Global Food Grade Lubricant Market by Base Oil
  7.1.2: Growth Opportunities for the Global Food Grade Lubricant Market by Application
  7.1.3: Growth Opportunities for the Global Food Grade Lubricant Market by Region
7.2: Emerging Trends in the Global Food Grade Lubricant Market
7.3: Strategic Analysis
  7.3.1: New Product Development
  7.3.2: Capacity Expansion of the Global Food Grade Lubricant Market
  7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Food Grade Lubricant Market
  7.3.4: Certification and Licensing

8. COMPANY PROFILES OF LEADING PLAYERS

8.1: Fuchs Petrolub
8.2: BP
8.3: Total S.A.
8.4: Petro-Canada Lubricants
8.5: Exxon Mobil
8.6: Kluber Lubrication Munchen
8.7: AB SKF
8.8: Chemtura
8.9: Illinois Tool Works
8.10: Jax


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