Global Food Grade Lubricants Market Size & Outlook
Global food grade lubricants market, 2018-2030 (US$M)
Related Markets
Global food grade lubricants market highlights
- The global food grade lubricants market generated a revenue of USD 447.6 million in 2024 and is expected to reach USD 764.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.5% by 2030.
- In terms of segment, mineral accounted for a revenue of USD 295.1 million in 2024.
- Bio-Based is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 447.6 million |
| Market revenue in 2030 | USD 764.1 million |
| Growth rate | 9.5% (CAGR from 2025 to 2030) |
| Largest segment | Mineral |
| Fastest growing segment | Bio-Based |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mineral, Synthetic, Bio-Based |
Other key industry trends
- In terms of revenue, the North America accounted for 28.9% of the global food grade lubricants market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 57.7 million by 2030.
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Food Grade Lubricants Market Scope
Food Grade Lubricants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Elba Lubrication | View profile | 11-50 | Flushing, New York, United States, North America | https://elba-lubes.com |
| Clearco Products | View profile | 11-50 | Willow Grove, Pennsylvania, United States, North America | https://www.clearcoproducts.com |
| Condat | View profile | 251-500 | Berlin, Berlin, Germany, Europe | http://www.condat.de/ |
| JAX INC. | View profile | 101-250 | Menomonee Falls, Wisconsin, United States, North America | http://jax.com |
| The Chemours Company | View profile | 5001-10000 | Wilmington, Delaware, United States, North America | https://www.chemours.com |
| CITGO Petroleum Corporation | View profile | 1001-5000 | Houston, Texas, United States, North America | https://www.citgo.com/Home.jsp |
| Matrix | View profile | 11-50 | London, England, United Kingdom, Europe | http://www.matrix.org |
| Kluber Lubrication Munchen SE & Co. KG | View profile | 1001-5000 | Munich, Bayern, Germany, Europe | https://www.klueber.com/ |
| Suncor Energy Inc | View profile | 14906 | 150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, Canada, T2P 3E3 | https://www.suncor.com |
| SKF AB ADR | View profile | 40051 | Sven Wingquists Gata 2, Gothenburg, Sweden, SE-415 50 | https://www.skf.com |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Chevron Corp | View profile | 45600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | https://www.chevron.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
Global food grade lubricants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food grade lubricants market will help companies and investors design strategic landscapes.
Mineral was the largest segment with a revenue share of 65.93% in 2024. Horizon Databook has segmented the Global food grade lubricants market based on mineral, synthetic, bio-based covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Food Grade Lubricants Product Outlook (Revenue, USD Million, 2018-2030)
- Mineral
- Synthetic
- Bio-Based
- Global Food Grade Lubricants Application Outlook (Revenue, USD Million, 2018-2030)
- Food
- Bakery
- Confectionery
- Dairy
- Sauces & Dressings
- Others
- Meat, Poultry, & Seafood
- Beverages
- Carbonated Soft Drinks
- Fruit Beverages
- Sports Drinks
- Alcoholic Beverages
- Others
- Pharmaceuticals
- Cosmetics
- Others
- Food
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Horizon Databook provides a detailed overview of global-level data and insights on the Global food grade lubricants market , including forecasts for subscribers. This global databook contains high-level insights into Global food grade lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global food grade lubricants market size, by regions, 2018-2030 (US$M)
Top 10 countries: Food grade lubricants market size, 2024 (US$M)
Global food grade lubricants market share, by product, 2024 & 2030 (%, US$M)
Food grade lubricants market: Opportunity assessment by country
Global food grade lubricants market, by region, 2024 (US$M)
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