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2021-2027 Global and Regional Food Grade Lubricants Industry Status and Prospects Professional Market Research Report Standard Version
SKU ID : HNY-18111438 | Publishing Date : 26-Apr-2021 | No. of pages : 174
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The global Food Grade Lubricants market was valued at 207.33 Million USD in 2020 and will grow with a CAGR of 3.93% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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 48.25% and sales market share nearly 33.67% in 2019. The second place is North America, following Europe with the production market share of 43.08% and the sales market share over 29.52%. Food Grade Lubricants is mainly used in Food, Beverages and Pharmaceuticals & Cosmetics areas. 53.42% of the Food Grade Lubricants market demand in Food application, 30.01% in Beverages application, and 16.57% in Pharmaceuticals & Cosmetics areas in 2019.
By Market Verdors:
FUCHS
TOTAL
British Petroleum
Exxon Mobil
Petro-Canada
Jax Inc
SKF
Kluber
ITW
Anderol
Lubriplate
Eneos
Sinopec
Sumico Lubricant Co
Daizo
VNOVO
Soko Oil
Food
Beverage
Pharmaceuticals & Cosmetics
Mineral Oil
Synthetic Oil
Bio-Based Oil
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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 48.25% and sales market share nearly 33.67% in 2019. The second place is North America, following Europe with the production market share of 43.08% and the sales market share over 29.52%. Food Grade Lubricants is mainly used in Food, Beverages and Pharmaceuticals & Cosmetics areas. 53.42% of the Food Grade Lubricants market demand in Food application, 30.01% in Beverages application, and 16.57% in Pharmaceuticals & Cosmetics areas in 2019.
By Market Verdors:
FUCHS
TOTAL
British Petroleum
Exxon Mobil
Petro-Canada
Jax Inc
SKF
Kluber
ITW
Anderol
Lubriplate
Eneos
Sinopec
Sumico Lubricant Co
Daizo
VNOVO
Soko Oil
By Type
s:Food
Beverage
Pharmaceuticals & Cosmetics
By Application
s:Mineral Oil
Synthetic Oil
Bio-Based Oil
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
