Food Grade Lubricants Market Size to Rise $1,120.43 Mn by 2034

Food Grade Lubricants Market Size, Share and Demand

The global food grade lubricants market size increasing from USD 491.01 million in 2025 to USD 1,120.43 million by 2034, driven by a CAGR of 9.60% during the forecast period from 2025 to 2034.

Last Updated: 27 May 2025 Category: Food and Beverages Processing Equipment and Technology Insight Code: 5604 Format: PDF / PPT / Excel

Food Grade Lubricants Market Size and Industry Analysis

The global food grade lubricants market size was valued at USD 448 million in 2024 and is forecast to rise from USD 491.01 million in 2025 to approximately USD 1,120.43 million by 2034, with a CAGR of 9.60% during the forecast period from 2025 to 2034. The increased efforts of manufacturers in ensuring the reproducible properties of food-grade lubricant materials showcase their versatility, efficiency, and enhanced performance.

Food Grade Lubricants Market Size 2025 to 2034

Key Highlights

  • By region, North America holds a significant share in the food lubricants market in 2024 due to significant growth of the refining and marketing sector. 
  • By region, Asia Pacific is predicted to grow at the remarkable CAGR of 12% during the forecast period, due to the transition investments by the major market players. 
  • By region, Europe is a significantly growing area, driven by the governance of the board and its responsible measures. 
  • By product, the mineral segment captured the maximum market share of 62% in 2024, due to the popularity and adoption of mineral oil in diverse industrial applications.
  • By product, the bio-based segment is predicted to grow at the remarkable CAGR of 10.5% during the forecast period, driven by the health benefits of bio-based food lubricants for global consumers. 
  • By application, the food segment registered the maximum market share of 63% in 2024, driven by the global preference for food lubrication processes in food industries. 
  • By application, the beverages segment is expected to grow at the notable CAGR of 10.2% during the forecast period, attributed to the rising implementation of lubrication in the manufacturing processes of beverage industries.

Market Overview

How Does the Food Lubrication Industry Shifting Towards Sustainability?

Food lubricants or food-grade lubricants deliver several benefits such as protection against corrosion, friction, wear, and oxidation. They exhibit good compatibility with rubber or other sealing materials, which provides a good sealing effect in certain cases. H1, H2, and H3 are the original food grade designations introduced by the U.S. Department of Agriculture (USDA). The H1 lubricants contribute to food processing environments; H2 lubricants are used on equipment while H3 lubricants are used to prevent rust on equipment. They are reproducible products that have specific applications and improve machinery health. These major rationales drive the growth and expansion of the food lubricants market across the globe.

  • In August 2024, the Bunge India announced the expansion of its products with the launch of Fiona Refined Sunflower Oil under the home-grown refined sunflower oil brand named Fiona in Hyderabad. (Source: passionate in marketing)

2024 Sustainability Highlights of BP Plc, the Leading Company in Food Lubricants

Net Zero Operations:

  • Reduction in combined emissions: 38%
  • Methane Intensity: 0.07%

Net Zero Sales

  • Reduction in average lifecycle carbon intensity of energy products: 6% (Source: BP)

Which are the Significant Revolutionary Trends in the Market?

  • Diverse Range of Products: These types of products include mineral-based lubricants, synthetic lubricants, and plant-based lubricants. Mineral-based lubricants are derived from highly refined petroleum oils, synthetic lubricants are engineered from chemical compounds, and plant-based lubricants are derived from renewable sources. The effective lubrication results in longer lifespan of products. It also offers reduced downtime and maintenance costs along with improved efficiency.
  • Developments in Food-Grade Lubrication: There is a greater expansion of biodegradable and eco-friendly lubricants. The IoT enabled lubrication allows monitoring and management of lubrication practices. Advancements in lubricant formulations and delivery systems drive the growth of the food lubricants market.

Market Opportunity

How is the Integration of Digital Technologies in the Market? 

There is an adoption of predictive maintenance and condition monitoring technologies that help in the identification of potential equipment failures. They also help in the optimization of maintenance schedules. Industry 4.0 is the fourth industrial revolution that has transformed manufacturing operations. The integration of IoT, big data analytics, and artificial intelligence leads to smart industrial operations.

Market Challenge

What are the Challenges in the Food Lubrication Industry?

The extreme temperatures, high pressures, and exposure to steam, water, and chemicals pose challenges for lubrication systems. It is necessary for lubricants to meet stringent purity standards, prevent leaching, etc. The lubricants can get degraded due to frequent sanitation and cleaning, which reduces their effectiveness over time.

Regional Insights

North America dominated the food lubricants market in 2024.

The national oil companies in the Middle East and other regions make efforts to balance the supply of crude oil and fulfill the demand by maintaining stability in prices. They also focus on sustaining their economies and reducing the industrial carbon footprint. The Middle Eastern nations are working to scale up technologies such as carbon capture and storage. There are approvals for projects related to carbon capture, utilization, and storage. Countries like Oman and Qatar are trying advancements in hydrogen production.

How does the Refining and Marketing Sector Encourage the Growth of the U.S.?

There is an expansion of direct processing capacity, availability of local processing, enhanced financing, and improved workforce training in the U.S. market. Moreover, food safety compliance with smaller industrial facilities fosters research and innovation. The USDA made a strategic partnership with the State Attorneys General which aims to expand resources and enhance best practices in the food and agriculture sector. 

  • In June 2024, the U.S. Department of Agriculture (USDA) introduced a new rule that gives permission for products in the USA and products made in the USA. This rule is applicable to meat and poultry products that are regulated by the FSIS and originated from animals in the U.S. (Source: USDA)

Asia Pacific is expected to witness the fastest rate of growth in the food lubricants market during the predicted timeframe.

BP Plc is one of the leading companies in food lubricants in the Asia Pacific region. The major contribution of community organizations, business representatives, and local councils results in the management of food and energy poverty. Bp Plc completed 10 years of social investment by investing $30 million to drive more than 150 projects. These projects were subjected to education, enterprise development, and environmental sustainability.

How do the Transition Investments led by Prominent Companies Boost the Expansion of the Market across Asian Pacific Countries?

One of the leading companies, called Bp Plc, reported its $3.7 billion transition growth investment and set its positive approach towards capital investment. The company also reported its investment in low-carbon activity and higher investments in bioenergy, electric vehicle charging, and wind businesses. It has set its goal of net-zero greenhouse gas emissions (GHG reduction) to achieve net-zero emissions across all of its operations. 

  • In October 2024, the Food and Agriculture Organization of the United Nations (FAO) announced an increase in the FAO Food Price Index, which was led by higher export prices of wheat and maize. (Source: fao)

Europe is seen to grow at a notable rate in the food lubricants market in 2024.

The growing businesses and expanding partnerships in various sectors like bioenergy, electric vehicle charging, renewables, power, and hydrogen drive the overall growth of the European market. These major rationales create commercial opportunities which contribute to reducing the carbon intensity of the energy products that are subjected to sales. The expansion of supplying power to industrial and commercial customers also contributes to the market’s growth in Europe.

How does Governance Contribute to the Expansion of the Market in Germany?

The board of the regulatory authorities plays a major role in monitoring the management and operations of companies. The safety and sustainability committee of the board ensures the effective implementation of the sustainability frame. It also meets the management of health, safety, social risks, human risks, and environmental risks. The board ensures the allocation of capital across the product portfolio of companies. 

  • In October 2024, the European Union Agency for Law Enforcement Cooperation announced the amount of EUR 91 million for substandard food and counterfeit items seized in Europe. (Source: Europol)

Segmental Insights

Product Insights

The mineral segment dominated the food lubricants market in 2024.

The benefits of minerals in marine applications and storage solutions drive their remarkable growth in the market. The characteristic features of minerals such as dielectric properties and cooling effects make them good solutions for usage. The mineral oil used in food grade lubricants does not get contaminated while it acts as an active ingredient in ointments and creams in pharmaceutical products. 

The bio-based segment is expected to witness the fastest rate of growth in the market during the predicted timeframe.

The bio-based lubricants are advantageous due to better lubrication, superior viscosity, better thin film strength, and lower volatility. Moreover, there is good pressure performance, higher flash points, less smoke, and less risk of fire. They exhibit applications related to gearing and water-soluble coolants and allow easy cleanup and real-world experience.  

Application Insights

The food segment dominated the food lubricants market in 2024.

Food grade lubricants like H1 lubricants play a major role in maintaining compliance with food safety regulations. They are ideally used as coatings on eggs, vegetables, and fruits and as defoaming agents. The importance of food safety and machinery lubrication in food and beverage production drives the adoption of food lubricants in the market.   

The beverages segment is observed to be the fastest growing in the food lubricants market during the forecast period.

Food lubricants are essential in the manufacturing processes of the beverage industry to ensure smooth and efficient industrial operations. The honourable position of the National Sanitation Foundation (NSF) certification as a food safety standard introduced by global regulatory authorities helps to build trust within companies and meet global consumer needs.

Recent Developments in the Food Grade Lubricants Market

ExxonMobil Corporation

  • Announcement: In December 2024, ExxonMobil Corporation announced its corporate plan to 2030 to establish a platform to expand its business. It is projected to deliver $20 billion in earnings and $30 billion in cash flow which are supported by investments, capital management, and excellence in execution. (Source: ExxonMobil)

Chevron Corporation

  • Investment: In August 2024, Chevron Corporation announced the investment of $1 billion in a research and development center named Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru. (Source: Business Standard)

Food Grade Lubricants Market Leading Companies

Segments Covered in the Report 

By Product 

  • Mineral  
  • Synthetic
  • Bio-Based 

By Application 

  • Food 
    • Bakery
    • Confectionery
    • Dairy
    • Meat, Poultry, & Seafood
    • Sauces & Dressings
    • Others
  • Beverages
    • Carbonated Soft Drinks
    • Fruit Beverages
    • Sports Drinks
    • Alcoholic Beverages
    • Others
  • Pharmaceuticals
  • Cosmetics
  • Others

By Region

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The global food grade lubricants market was valued at approximately USD 448 million in 2024.

The food grade lubricants market is expected to grow at a CAGR of about 9.60% between 2025 and 2034.

North America holds a significant share of the market as of 2024, mainly due to the growth in refining and marketing sectors.