Food Grade Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Food Grade Lubricants Industry is segmented by food grade (H1, H2, and H3), product type (grease, hydraulic fluid, gear oil, and other product types), end-user industry (food and beverage, cosmetics, edible oil, and other end-user industries), and geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). The report offers market size and forecasts for food-grade lubricants in terms of revenue (USD million) for all the above segments.

Food Grade Lubricants Market Size

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Food Grade Lubricants Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Low

Major Players

Food Grade Lubricants Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Food Grade Lubricants Market Analysis

The market for food-grade lubricants is expected to register a CAGR of over 5% globally during the forecast period.

The COVID-19 epidemic negatively impacted the market for food-grade lubricants. The lockdown and temporary suspensions in production facilities caused considerable damage to several applications, reducing food-grade lubricants' usage. Yet, beyond 2020, the market grew moderately due to ongoing initiatives in the main end-user categories.

  • The primary factor driving the market studied is increasing food safety regulations. Also, the increased processed food demand is expected to drive the market forward.
  • Conversely, awareness shortage and lack of training among manufacturers are hindering the market's growth.
  • The increasing concern over food and beverage safety will likely be an opportunity during the forecast period.
  • Europe is expected to dominate the global market with the most substantial consumption from countries such as Germany, the United Kingdom, and France.

Food Grade Lubricants Market Trends

This section covers the major market trends shaping the Food Grade Lubricants Market according to our research experts:

Increasing Application in Food and Beverage Industry

  • Synthetic lubricants created explicitly for industrial machinery where accidental contact between food and lubricants may occur are known as food-grade lubricants.
  • These oils are physiologically inert, tasteless, odorless, and accepted internationally. They also adhere to food/health/safety requirements.
  • Following a leak, overflow, or lubrication malfunction, the lubricants are prone to coming into touch accidentally with the food and beverages generated by the machinery. It is where these food-grade lubricants serve a crucial role, thanks to their neutral quality.
  • Statista projects that the global food and beverage business will bring in USD 740 billion in revenue in 2022. The market is anticipated to expand at a CAGR of 7.14% between 2022 and 2027, with a projected market size of USD 1.10 billion by that year.
  • According to the Bureau of Economic Analysis, the value contributed by the food and beverage sector in the United States during the first three quarters of 2022 was around USD 967.6 billion, 1.3% more than it was during the same time last year.
  • One of Europe's most significant manufacturing sectors in 2022, the food and beverage industry employed almost 4.6 million people, brought in EUR 1.1 trillion (USD 1.159 trillion) in revenue, and added EUR 230 billion (USD 242.37 billion) in value. It is, thus, boosting the food and beverage sector in the area.
  • The India Brand Equity Foundation further stated that by 2025, India's processed food sector is anticipated to reach USD 470 billion. According to the Union Budget for FY 2022-23, the Department of Food and Public Distribution has received a budget of INR 215 960 crores (USD 27.82 billion) considering the expanding food and beverage sector.
  • Hence, due to the growing food and beverage manufacturing, especially in the Asia-Pacific and European regions, the demand for food-grade lubricants is expected to increase over the forecast period.
Food Grade Lubricants Market - Per Capita Consumer Spending on Food and Non-alcoholic Beverages, In USD, Global, 2018-2028

Europe Region to Dominate the Market

  • Europe is expected to dominate the market for food-grade lubricants during the forecast period. Due to the high demand for applications from countries like Germany, the United Kingdom, and France, the market for food-grade lubricants is growing.
  • Europe is where food-grade lubricants are used most extensively. In Europe, the CONDAT Group, Matrix Specialty Lubricants, Dow, and Clearco Products Co. Inc. are some of the top producers of food-grade lubricants.
  • The food and beverage business, one of the largest manufacturing industries in Europe in 2022, added EUR 230 billion (USD 242.37 billion) in value, employed about 4.6 million people, and generated EUR 1.1 trillion (USD 1.159 trillion) in income. It is, thus, enhancing the local food and beverage industry.
  • Cosmetics Europe said the European cosmetics and personal care market was valued at about EUR 80 billion (~USD 94 billion) in 2021. The largest national markets for cosmetics and personal care products within Europe are Germany (EUR 13.6 billion (~USD 16 billion)), France (EUR 12.0 billion (~USD 14 billion)), Italy (EUR 10.6 billion (~USD 12.2 billion)), the UK (EUR 9.9 billion (~USD 11.8 billion)) and Spain (EUR 7 billion (~USD 8 billion)).
  • Skincare (EUR 23.2 billion (~USD 27 billion)) and toiletries (EUR 20.6 billion (~USD 24 billion)) include the most significant market share in Europe, followed by hair-care products, fragrances/perfumes, and decorative cosmetics.
  • The abovementioned factors and government support will likely contribute to the increasing demand for the food-grade lubricants market during the forecast period.
Food Grade Lubricants Market - Growth Rate by Region, 2023-2028

Food Grade Lubricants Industry Overview

The food-grade lubricants market is fragmented, with players accounting for a marginal market share. Some of the significant companies include (not in any particular order) Dow, The Chemours Company, The Lubrizol Corporation, CONDAT Group, and Matrix Specialty Lubricants, among others.

Food Grade Lubricants Market Leaders

  1. The Lubrizol Corporation

  2. CONDAT Group

  3. Dow

  4. The Chemours Company

  5. Matrix Specialty Lubricants

*Disclaimer: Major Players sorted in no particular order

Food Grade Lubricants Market Concentration
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Food Grade Lubricants Market News

  • August 2022: Saudi Aramco announced that, in a deal worth USD 2.7 billion, it would buy Valvoline's Global Products business, which includes its sales division for lubricants and maintenance products. The company's product line of food-grade lubricants is also a part of this Valvoline division and will be purchased.
  • January 2022: NYCO America LLC announced its plan to invest in a manufacturing facility and provide 16 new jobs in Newnan, Georgia. This investment by NYCO in local production, technical service, and warehousing is majorly for its extensive, proprietary line of high-temperature chain and food-grade lubricants and advanced-performance aviation turbine oils and fluids.
  • January 2022: Petro-Canada announced the launch of PURITY FG synthetic compressor fluid, a new addition to their extensive line of food-grade lubricants, greases, and specialty fluids. This product is suitable for lubricating air screw compressors, centrifugal compressors, vacuum pumps, pneumatic, hydraulic, and circulating applications, and gearboxes used in food processing operations.

Food Grade Lubricants Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Increasing Food Safety Regulations

      2. 4.1.2 Increase in Demand for Processed Food

    2. 4.2 Restraints

      1. 4.2.1 Lack of Awareness and Shortage of Training

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition


    1. 5.1 Food Grade

      1. 5.1.1 H1

      2. 5.1.2 H2

      3. 5.1.3 H3

    2. 5.2 Product Type

      1. 5.2.1 Grease

      2. 5.2.2 Hydraulic Fluid

      3. 5.2.3 Gear Oil

      4. 5.2.4 Other Product Types

    3. 5.3 End-user Industry

      1. 5.3.1 Food & Beverage

      2. 5.3.2 Cosmetics

      3. 5.3.3 Edible Oil

      4. 5.3.4 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Rest of Asia-Pacific

      2. 5.4.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.4.3 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Russia

        5. Rest of Europe

      4. 5.4.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Calumet Specialty Products Partners, L.P.

      2. 6.4.2 CITGO Petroleum Corporation

      3. 6.4.3 Clearco Products Co., Inc.

      4. 6.4.4 CONDAT Group

      5. 6.4.5 Dow

      6. 6.4.6 Elba Lubes

      7. 6.4.7 Engen Petroleum Ltd

      8. 6.4.8 Lubrication Engineers

      9. 6.4.9 Matrix Specialty Lubricants

      10. 6.4.10 Petrelplus Inc.

      11. 6.4.11 Suncor Energy Inc. (Petro Canada)

      12. 6.4.12 The Chemours Company

      13. 6.4.13 The Lubrizol Corporation

      14. 6.4.14 Ultrachem Inc.

    5. *List Not Exhaustive

    1. 7.1 Increasing Applications in the Food and Beverage Industry

**Subject to Availability
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Food Grade Lubricants Industry Segmentation

Food-grade lubricants are the kind of lubricants that protect against friction, corrosion, wear, oxidation, dissipating heat, and power transmission, as well as serve the purpose of a sealing effect in some cases. Food-grade lubricants are widely used in the food, beverages, and pharmaceutical industries. The food-grade lubricants market is segmented by food grade, product type, end-user industry, and geography. By food grade, the market is segmented into H1, H2, and H3. By product type, the market is segmented into grease, hydraulic fluid, gear oil, and other product types. By end-user industry, the market is segmented into food and beverage, cosmetics, edible oil, and other end-user industries. The report also covers the market size and forecasts for food-grade lubricants in 15 countries across the central regions. Each segment's market sizing and forecasts are based on revenue (USD million).

Food Grade
Product Type
Hydraulic Fluid
Gear Oil
Other Product Types
End-user Industry
Food & Beverage
Edible Oil
Other End-user Industries
South Korea
Rest of Asia-Pacific
North America
United States
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Food Grade Lubricants Market Research FAQs

The Food Grade Lubricants Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

The Lubrizol Corporation, CONDAT Group , Dow, The Chemours Company and Matrix Specialty Lubricants are the major companies operating in the Food Grade Lubricants Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Europe accounts for the largest market share in Food Grade Lubricants Market.

The report covers the Food Grade Lubricants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Grade Lubricants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Food Grade Lubricants Industry Report

Statistics for the 2024 Food Grade Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Grade Lubricants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Food Grade Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)