Unlocking $764 Million in Food Grade Lubricants by 2030: Explore How Europe’s 40.3% Market Share is Shaping the Future

Dublin, January 22, 2025 – Recent reports reveal that the global food grade lubricants market is set to grow significantly, reaching an estimated value of $764 million by 2030. This growth translates to an impressive annual increase of 9.5% from 2025 to 2030. Key drivers include a rising demand from various industries and a growing preference for sustainable alternatives over traditional petrochemical options, particularly in the food and beverages sector.

A comparison of market trends shows that bio-based lubricants have lagged in growth. Factors like limited applications, higher costs, and performance concerns have hindered their popularity. However, advancements in technology and the availability of high-performance bio-based products are now enhancing their appeal. As a result, we expect this segment to catch up quickly in terms of growth.

The market’s potential is also fueled by increasing needs in sectors such as food production, beverages, cosmetics, and pharmaceuticals. Government regulations worldwide, especially in regions like Asia-Pacific, Latin America, and the Middle East, are supporting the shift towards food grade lubricants. These products, including mineral oils and synthetic oils, are essential in many applications, such as dairy, baked goods, sports drinks, and soft drinks.

Manufacturers are prioritizing the procurement of raw materials, as synthetic and bio-based products are crucial for creating various lubricants. Major oil and gas companies are often involved in the entire manufacturing process, ensuring a reliable supply of the necessary ingredients.

In Europe, countries like France, Russia, and Spain are expected to see a surge in demand for food grade lubricants. This growth is linked to a strong manufacturing base and increasing consumer awareness about the health benefits of processed food. Improved manufacturing practices, especially in food processing, will also contribute positively to market demand.

• In 2024, mineral lubricants held the largest market share at 61% due to the need for high-purity lubricants that meet strict safety standards.
• The food industry accounted for 62.4% of the total market share, covering sectors like bakery, dairy, meat, and sauces.
• The beverages segment is predicted to grow the fastest, with a projected annual increase of 10.1% during the forecast period.
• Europe dominated the food grade lubricants market in 2024, with a revenue share of 40.3%, thanks to the robust food and drink industry throughout the region.

Understanding these trends provides valuable insights into the future landscape of the food grade lubricants market, highlighting opportunities for growth and innovation. As focus shifts towards healthier and safer product options in manufacturing, the demand for quality food grade lubricants will likely continue to rise.

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Research and Markets, Food Grade Lubricant, Lubricants, Lubricants and Greases , Lubricating Oil, Lubricating Oils, Lubrication, Specialty Lubricants