Market Overview:
The global food grade grease market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food grade grease from various end-use industries, such as food, beverages, pharmaceuticals & cosmetics, and other industries. In terms of type, the H1 lubricants segment is projected to lead the global food grade grease market during the forecast period. This can be attributed to their properties such as high viscosity index (VI), thermal stability, and resistance against oxidation and corrosion.
Product Definition:
A type of grease that is fit for human consumption. It is often used in food processing plants to lubricate machinery and keep it clean.
H1 Lubricants:
H1 Lubricants are used in the food processing industry to provide protection and enhance the functioning of equipment. They are also used as a processing aid for reducing friction, maintaining viscosity, stabilizing emulsions & suspensions and controlling microbiological growth. H1 is widely utilized in applications that require minimal or no lubrication such as hand tools, cutting instruments and household appliances among others.
H2 Lubricants:
H2 lubricants are widely used in the food processing industry. They are also used in other applications such as metal working, textile finishing and printing, leather working and textiles. H2 lubricants have a composition of around 77% by volume of water with 23% by weight of hydrogenated vegetable oils or fats. The product is colorless in nature but has a slight odor similar to that of fatty acids which is pleasing to the nose.
Application Insights:
The global food grade grease market has been bifurcated into H1 and H2 categories. The application of H1 category includes bakery, meat processing, dairy products, confectionery and others. Major applications of the product include bread making process in bakeries and production of frozen foods such as TVP (Textured Vegetable Protein) among others.
The demand for the product is expected to witness a CAGR of XX% from 2017 to 2018 owing to its increasing use in non-dairy ice cream manufacturing process including churning agents along with other ingredients such as butterfat and milk proteins among others. In addition, it is used as an emulsifier in salad dressings which are highly popular across various regions worldwide due to their high nutritional content coupled with low cost which makes them affordable for consumers leading to increased demand globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region accounts for a major share of global population, which makes it a potential consumer market for food grade lubricants. Moreover, emerging economies such as India and China are projected to witness strong economic growth over the coming years, thereby driving demand from industrial applications such as machinery and equipment manufacturing.
The European market was valued at USD X billion in 2017 owing to high consumption of H1 greases in automotive applications across countries including Germany, France, Italy.
Growth Factors:
- Increasing demand from food and beverage industry: The food grade grease market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the food and beverage industry. Food grade grease is used as a lubricant in various machines and equipment used in the production process of food and beverages, which is driving its demand.
- Rising awareness about hygiene: There has been an increase in awareness among consumers about hygiene, which is resulting in an increase in the demand for food grade grease products that are safe for consumption. This is further propelling the growth of the global market for food grade grease products.
- Technological advancements: The advancement of technology has led to new applications for food grade greases, such as high-temperature applications and low-temperature applications across different industries including automotive, aerospace & defense, marine etc., thereby boosting their adoption rate globally .This is anticipated to fuel market growth over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Grease Market Research Report
By Type
H1 Lubricants, H2 Lubricants, 3H (Releasing Agents), H3 (Soluble Oils), Other
By Application
Food, Beverages, Pharmaceuticals & Cosmetcs, Other
By Companies
Shell, BP PLC, Chevron Corporation, Valvoline, Exxon Mobil Corporation, Valvoline, Total S.A, Idemitsu Kosan, IndianOil Corporation, Lukoil Oil Company, JX Nippon Oil & Energy, Ashland
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Grease Market Report Segments:
The global Food Grade Grease market is segmented on the basis of:
Types
H1 Lubricants, H2 Lubricants, 3H (Releasing Agents), H3 (Soluble Oils), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverages, Pharmaceuticals & Cosmetcs, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- BP PLC
- Chevron Corporation
- Valvoline
- Exxon Mobil Corporation
- Valvoline
- Total S.A
- Idemitsu Kosan
- IndianOil Corporation
- Lukoil Oil Company
- JX Nippon Oil & Energy
- Ashland
Highlights of The Food Grade Grease Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- H1 Lubricants
- H2 Lubricants
- 3H (Releasing Agents)
- H3 (Soluble Oils)
- Other
- By Application:
- Food
- Beverages
- Pharmaceuticals & Cosmetcs
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Grade Grease Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food grade grease is a type of cooking oil that has been specifically designed to be used in food preparation. It is made from vegetable or animal fats and has a low acidity level, which means it can be stored without being refrigerated for an extended period of time.
Some of the major players in the food grade grease market are Shell, BP PLC, Chevron Corporation, Valvoline, Exxon Mobil Corporation, Valvoline, Total S.A, Idemitsu Kosan, IndianOil Corporation, Lukoil Oil Company, JX Nippon Oil & Energy, Ashland.
The food grade grease market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Grade Grease Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Grade Grease Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Grade Grease Market - Supply Chain
4.5. Global Food Grade Grease Market Forecast
4.5.1. Food Grade Grease Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Grade Grease Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Grade Grease Market Absolute $ Opportunity
5. Global Food Grade Grease Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Grade Grease Market Size and Volume Forecast by Type
5.3.1. H1 Lubricants
5.3.2. H2 Lubricants
5.3.3. 3H (Releasing Agents)
5.3.4. H3 (Soluble Oils)
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Grade Grease Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Grade Grease Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Beverages
6.3.3. Pharmaceuticals & Cosmetcs
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Grade Grease Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Grade Grease Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Grade Grease Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Grade Grease Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Grade Grease Demand Share Forecast, 2019-2026
9. North America Food Grade Grease Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Grade Grease Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Grade Grease Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Beverages
9.4.3. Pharmaceuticals & Cosmetcs
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Grade Grease Market Size and Volume Forecast by Type
9.7.1. H1 Lubricants
9.7.2. H2 Lubricants
9.7.3. 3H (Releasing Agents)
9.7.4. H3 (Soluble Oils)
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Grade Grease Demand Share Forecast, 2019-2026
10. Latin America Food Grade Grease Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Grade Grease Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Grade Grease Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Beverages
10.4.3. Pharmaceuticals & Cosmetcs
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Grade Grease Market Size and Volume Forecast by Type
10.7.1. H1 Lubricants
10.7.2. H2 Lubricants
10.7.3. 3H (Releasing Agents)
10.7.4. H3 (Soluble Oils)
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Grade Grease Demand Share Forecast, 2019-2026
11. Europe Food Grade Grease Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Grade Grease Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Grade Grease Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Beverages
11.4.3. Pharmaceuticals & Cosmetcs
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Grade Grease Market Size and Volume Forecast by Type
11.7.1. H1 Lubricants
11.7.2. H2 Lubricants
11.7.3. 3H (Releasing Agents)
11.7.4. H3 (Soluble Oils)
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Grade Grease Demand Share, 2019-2026
12. Asia Pacific Food Grade Grease Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Grade Grease Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Grade Grease Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Beverages
12.4.3. Pharmaceuticals & Cosmetcs
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Grade Grease Market Size and Volume Forecast by Type
12.7.1. H1 Lubricants
12.7.2. H2 Lubricants
12.7.3. 3H (Releasing Agents)
12.7.4. H3 (Soluble Oils)
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Grade Grease Demand Share, 2019-2026
13. Middle East & Africa Food Grade Grease Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Grade Grease Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Grade Grease Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Beverages
13.4.3. Pharmaceuticals & Cosmetcs
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Grade Grease Market Size and Volume Forecast by Type
13.7.1. H1 Lubricants
13.7.2. H2 Lubricants
13.7.3. 3H (Releasing Agents)
13.7.4. H3 (Soluble Oils)
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Grade Grease Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Grade Grease Market: Market Share Analysis
14.2. Food Grade Grease Distributors and Customers
14.3. Food Grade Grease Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BP PLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chevron Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Valvoline
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Exxon Mobil Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Valvoline
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Total S.A
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Idemitsu Kosan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IndianOil Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lukoil Oil Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JX Nippon Oil & Energy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ashland
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook