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Value of food grade lubrication market to rise

food manufacturing 1

California-based consultancy QY Research has published a new report that assesses multiple factors affecting the market’s trajectory.

The report is entitled “Global High Temperature Food Grade Lubricant Market Insights, Forecast to 2030”, and reveals that the high-temp food grade lubrication market has experienced substantial growth this year. The report states that its success has been fuelled by increasing demands by regulators for improved food safety, and the requirement of more efficient operations within the food processing sector.

As health standards around the word evolve, the current demand for lubrication products that can perform effectively under extremely high temperatures while staying food-safe has never been higher.

In 2024, the value of the High Temperature Food Grade Lubricants Market is currently 150 million US dollars. According to the report by QY Research, it is forecast to hit 221million dollars by the year 2030 at a compound annual growth rate of 6.7 per cent during the six-year period.

Specialised greases and oils, high temperature food grade lubricants are used in food processing and food packaging equipment that operates under severe heat conditions. These cutting-edge lubricants are critical to preventing contamination of consumable products while facilitating smoother machine operations, particularly in industries like meat processing, dairy, confectionery and baking.

Lubricants employed in the food manufacturing sector must adhere to rigid NSF and FDA requirements. This makes the continuing development of dependable, food-safe lubricants vital for the industry. Major operators in the high temperature food grade lubricants sector include Petro-Canada, Kluber and Exxon Mobil among others.

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