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Global Food Grade Mineral Oil Market Research Report 2024
Synopsis
Food Grade Mineral Oil or 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.
The global Food Grade Mineral Oil market was valued at US$ 259 million in 2023 and is anticipated to reach US$ 367.3 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.
North American market for Food Grade Mineral Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Food Grade Mineral Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Food Grade Mineral Oil include FUCHS, TOTAL, British Petroleum, Exxon Mobil, Petro-Canada, Jax Inc, SKF, Kluber and ITW, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Food Grade Mineral Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Mineral Oil.
Report Scope
The Food Grade Mineral Oil market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Food Grade Mineral Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Food Grade Mineral Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
FUCHS
TOTAL
British Petroleum
Exxon Mobil
Petro-Canada
Jax Inc
SKF
Kluber
ITW
Anderol
Lubriplate
Sinopec
Segment by Type
H1 Lubricants
H2 Lubricants
3H Lubricants
Segment by Application
Meat & Pork Processing
Poultry
Agri Processing (grain, oilseed, corn, rice)
Animal Food & Nutrition
Dairy
Beverage including Soft Drinks and Distilleries
Confection/Sugar
Frozen Fruit/Veg
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Food Grade Mineral Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Food Grade Mineral Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Food Grade Mineral Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Food Grade Mineral Oil or 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.
The global Food Grade Mineral Oil market was valued at US$ 259 million in 2023 and is anticipated to reach US$ 367.3 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.
North American market for Food Grade Mineral Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Food Grade Mineral Oil is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Food Grade Mineral Oil include FUCHS, TOTAL, British Petroleum, Exxon Mobil, Petro-Canada, Jax Inc, SKF, Kluber and ITW, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Food Grade Mineral Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Mineral Oil.
Report Scope
The Food Grade Mineral Oil market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Food Grade Mineral Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Food Grade Mineral Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
FUCHS
TOTAL
British Petroleum
Exxon Mobil
Petro-Canada
Jax Inc
SKF
Kluber
ITW
Anderol
Lubriplate
Sinopec
Segment by Type
H1 Lubricants
H2 Lubricants
3H Lubricants
Segment by Application
Meat & Pork Processing
Poultry
Agri Processing (grain, oilseed, corn, rice)
Animal Food & Nutrition
Dairy
Beverage including Soft Drinks and Distilleries
Confection/Sugar
Frozen Fruit/Veg
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Food Grade Mineral Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Food Grade Mineral Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Food Grade Mineral Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Food Grade Mineral Oil Market Overview
1.1 Product Definition
1.2 Food Grade Mineral Oil Segment by Type
1.2.1 Global Food Grade Mineral Oil Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 H1 Lubricants
1.2.3 H2 Lubricants
1.2.4 3H Lubricants
1.3 Food Grade Mineral Oil Segment by Application
1.3.1 Global Food Grade Mineral Oil Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Meat & Pork Processing
1.3.3 Poultry
1.3.4 Agri Processing (grain, oilseed, corn, rice)
1.3.5 Animal Food & Nutrition
1.3.6 Dairy
1.3.7 Beverage including Soft Drinks and Distilleries
1.3.8 Confection/Sugar
1.3.9 Frozen Fruit/Veg
1.3.10 Others
1.4 Global Market Growth Prospects
1.4.1 Global Food Grade Mineral Oil Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Food Grade Mineral Oil Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Food Grade Mineral Oil Production Estimates and Forecasts (2019-2030)
1.4.4 Global Food Grade Mineral Oil Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Food Grade Mineral Oil Production Market Share by Manufacturers (2019-2024)
2.2 Global Food Grade Mineral Oil Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Food Grade Mineral Oil, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Food Grade Mineral Oil Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Food Grade Mineral Oil Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Food Grade Mineral Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Food Grade Mineral Oil, Product Offered and Application
2.8 Global Key Manufacturers of Food Grade Mineral Oil, Date of Enter into This Industry
2.9 Food Grade Mineral Oil Market Competitive Situation and Trends
2.9.1 Food Grade Mineral Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Food Grade Mineral Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Food Grade Mineral Oil Production by Region
3.1 Global Food Grade Mineral Oil Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Food Grade Mineral Oil Production Value by Region (2019-2030)
3.2.1 Global Food Grade Mineral Oil Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Food Grade Mineral Oil by Region (2025-2030)
3.3 Global Food Grade Mineral Oil Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Food Grade Mineral Oil Production by Region (2019-2030)
3.4.1 Global Food Grade Mineral Oil Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Food Grade Mineral Oil by Region (2025-2030)
3.5 Global Food Grade Mineral Oil Market Price Analysis by Region (2019-2024)
3.6 Global Food Grade Mineral Oil Production and Value, Year-over-Year Growth
3.6.1 North America Food Grade Mineral Oil Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Food Grade Mineral Oil Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Food Grade Mineral Oil Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Food Grade Mineral Oil Production Value Estimates and Forecasts (2019-2030)
4 Food Grade Mineral Oil Consumption by Region
4.1 Global Food Grade Mineral Oil Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Food Grade Mineral Oil Consumption by Region (2019-2030)
4.2.1 Global Food Grade Mineral Oil Consumption by Region (2019-2024)
4.2.2 Global Food Grade Mineral Oil Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Food Grade Mineral Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Food Grade Mineral Oil Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Food Grade Mineral Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Food Grade Mineral Oil Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Food Grade Mineral Oil Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Food Grade Mineral Oil Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Food Grade Mineral Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Food Grade Mineral Oil Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Food Grade Mineral Oil Production by Type (2019-2030)
5.1.1 Global Food Grade Mineral Oil Production by Type (2019-2024)
5.1.2 Global Food Grade Mineral Oil Production by Type (2025-2030)
5.1.3 Global Food Grade Mineral Oil Production Market Share by Type (2019-2030)
5.2 Global Food Grade Mineral Oil Production Value by Type (2019-2030)
5.2.1 Global Food Grade Mineral Oil Production Value by Type (2019-2024)
5.2.2 Global Food Grade Mineral Oil Production Value by Type (2025-2030)
5.2.3 Global Food Grade Mineral Oil Production Value Market Share by Type (2019-2030)
5.3 Global Food Grade Mineral Oil Price by Type (2019-2030)
6 Segment by Application
6.1 Global Food Grade Mineral Oil Production by Application (2019-2030)
6.1.1 Global Food Grade Mineral Oil Production by Application (2019-2024)
6.1.2 Global Food Grade Mineral Oil Production by Application (2025-2030)
6.1.3 Global Food Grade Mineral Oil Production Market Share by Application (2019-2030)
6.2 Global Food Grade Mineral Oil Production Value by Application (2019-2030)
6.2.1 Global Food Grade Mineral Oil Production Value by Application (2019-2024)
6.2.2 Global Food Grade Mineral Oil Production Value by Application (2025-2030)
6.2.3 Global Food Grade Mineral Oil Production Value Market Share by Application (2019-2030)
6.3 Global Food Grade Mineral Oil Price by Application (2019-2030)
7 Key Companies Profiled
7.1 FUCHS
7.1.1 FUCHS Food Grade Mineral Oil Corporation Information
7.1.2 FUCHS Food Grade Mineral Oil Product Portfolio
7.1.3 FUCHS Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.1.4 FUCHS Main Business and Markets Served
7.1.5 FUCHS Recent Developments/Updates
7.2 TOTAL
7.2.1 TOTAL Food Grade Mineral Oil Corporation Information
7.2.2 TOTAL Food Grade Mineral Oil Product Portfolio
7.2.3 TOTAL Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.2.4 TOTAL Main Business and Markets Served
7.2.5 TOTAL Recent Developments/Updates
7.3 British Petroleum
7.3.1 British Petroleum Food Grade Mineral Oil Corporation Information
7.3.2 British Petroleum Food Grade Mineral Oil Product Portfolio
7.3.3 British Petroleum Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.3.4 British Petroleum Main Business and Markets Served
7.3.5 British Petroleum Recent Developments/Updates
7.4 Exxon Mobil
7.4.1 Exxon Mobil Food Grade Mineral Oil Corporation Information
7.4.2 Exxon Mobil Food Grade Mineral Oil Product Portfolio
7.4.3 Exxon Mobil Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Exxon Mobil Main Business and Markets Served
7.4.5 Exxon Mobil Recent Developments/Updates
7.5 Petro-Canada
7.5.1 Petro-Canada Food Grade Mineral Oil Corporation Information
7.5.2 Petro-Canada Food Grade Mineral Oil Product Portfolio
7.5.3 Petro-Canada Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Petro-Canada Main Business and Markets Served
7.5.5 Petro-Canada Recent Developments/Updates
7.6 Jax Inc
7.6.1 Jax Inc Food Grade Mineral Oil Corporation Information
7.6.2 Jax Inc Food Grade Mineral Oil Product Portfolio
7.6.3 Jax Inc Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jax Inc Main Business and Markets Served
7.6.5 Jax Inc Recent Developments/Updates
7.7 SKF
7.7.1 SKF Food Grade Mineral Oil Corporation Information
7.7.2 SKF Food Grade Mineral Oil Product Portfolio
7.7.3 SKF Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.7.4 SKF Main Business and Markets Served
7.7.5 SKF Recent Developments/Updates
7.8 Kluber
7.8.1 Kluber Food Grade Mineral Oil Corporation Information
7.8.2 Kluber Food Grade Mineral Oil Product Portfolio
7.8.3 Kluber Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kluber Main Business and Markets Served
7.7.5 Kluber Recent Developments/Updates
7.9 ITW
7.9.1 ITW Food Grade Mineral Oil Corporation Information
7.9.2 ITW Food Grade Mineral Oil Product Portfolio
7.9.3 ITW Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.9.4 ITW Main Business and Markets Served
7.9.5 ITW Recent Developments/Updates
7.10 Anderol
7.10.1 Anderol Food Grade Mineral Oil Corporation Information
7.10.2 Anderol Food Grade Mineral Oil Product Portfolio
7.10.3 Anderol Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Anderol Main Business and Markets Served
7.10.5 Anderol Recent Developments/Updates
7.11 Lubriplate
7.11.1 Lubriplate Food Grade Mineral Oil Corporation Information
7.11.2 Lubriplate Food Grade Mineral Oil Product Portfolio
7.11.3 Lubriplate Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Lubriplate Main Business and Markets Served
7.11.5 Lubriplate Recent Developments/Updates
7.12 Sinopec
7.12.1 Sinopec Food Grade Mineral Oil Corporation Information
7.12.2 Sinopec Food Grade Mineral Oil Product Portfolio
7.12.3 Sinopec Food Grade Mineral Oil Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Sinopec Main Business and Markets Served
7.12.5 Sinopec Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Food Grade Mineral Oil Industry Chain Analysis
8.2 Food Grade Mineral Oil Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Food Grade Mineral Oil Production Mode & Process
8.4 Food Grade Mineral Oil Sales and Marketing
8.4.1 Food Grade Mineral Oil Sales Channels
8.4.2 Food Grade Mineral Oil Distributors
8.5 Food Grade Mineral Oil Customers
9 Food Grade Mineral Oil Market Dynamics
9.1 Food Grade Mineral Oil Industry Trends
9.2 Food Grade Mineral Oil Market Drivers
9.3 Food Grade Mineral Oil Market Challenges
9.4 Food Grade Mineral Oil Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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