Get In Touch

Ghost Kitchens, Online Orders Witness Growth as Coronavirus Subsides

Coronavirus is anticipated to have a lasting impression on the food industry. The HoReCa (Hotel, Restaurant, Café) industry has emerged resilient to the havoc caused by the COVID-19 outbreak, since stakeholders are seen to have the willingness to adjustments. Various establishments are staying afloat by catering niche requirements of customers. Such improvements are offering business opportunities for manufacturers in the Americas & Europe lubricants market for food application.

Several thousand restaurants have been permanently shutdown by the onset of the novel coronavirus. This has caused one of the major setbacks for companies in the Americas & Europe lubricants market for food application. As such, reopening of several restaurants, exponential growth in ghost kitchens, and online delivery orders are reviving market growth.

To gauge the scope of customization in our reports Ask for a Sample

Clean Labels Help Educate Consumers about Mineral Oil Side Effects

The Americas & Europe lubricants market for food application is projected to register a modest CAGR of 4% during the assessment period. However, possible side effects of food grade mineral oil such as irregularities in bowel movements and damage to the bowel causing malnutrition may prevent its consumption. As such, there is a lack of clinical evidence to validate the adverse events of mineral oil. Hence, manufacturers in the Americas & Europe lubricants market for food application are adopting clean labels to educate customers about the product’s ingredients.

Volatile fractions of mineral oil hydrocarbons (MOH) in edible oils are being removed by deodorizing vegetable fats and oils.

Get an idea about the offerings of our report from Report Brochure

H1, H2, or H3 Lubricants: Which is Better?

The H1 lubricants have the possibility of accidental contact with food. Hence, manufacturers are developing high quality accidental contact H1 lubricants to meet demanding greasing specifications in food processing applications. Companies in the Americas & Europe lubricants market for food application are increasing their production for H2 lubricants, which prevent the possibility of lubricated surfaces in machinery and equipment to come in contact with food. Manufacturers such as Repsol - a Spanish energy and petrochemical company, are capitalizing on the opportunity to produce H2 lubricants that have fewer restrictions than those categorized as H1. H3 lubricants are being highly publicized as soluble and edible oils that are used to clean and prevent rust in machinery and equipment.

ISO Certified Manufacturing Locations Bolstering Credibility of Companies

The Americas & Europe lubricants market for food application is expected to reach the valuation of US$ 16.2 Bn by 2030. Food safety has become a critical factor for the success of the HoReCa and FMCG (fast moving consumer goods) segment. Klueber - a provider of specialty lubricants is expanding its supply chains in several countries of Europe, Asia, and North America to increase the availability of high quality food grade lubricants that prevent contamination.

ISO certified manufacturing locations are bolstering the credibility of manufacturers in the Americas & Europe lubricants market for food application. High performance lubricants are being produced to help end users achieve cost savings, since food contamination may lead to endangerment of the health of consumers and significant loss to reputation.

High Performance, 100% Synthetic Lubricants Reduce Friction in Machinery

Innovations in NSF H1 registered food grade synthetic lubricants are translating into value grab opportunities for companies in the Americas & Europe lubricants market for food application. Lubriplate Lubricants Co.- one of the oldest and independent lubricant manufacturer in the United States, is expanding its product portfolio for advanced synthetic lubricants that help to reduce friction, provide extended lubrication intervals, and multiple application capabilities in food processing.

Manufacturers in the Americas & Europe lubricants market for food application are making the use of calcium sulfonate to develop high performance and 100% synthetic NSF H1 registered food grade synthetic lubricants. They are making use of PTFE to produce silicone-based lubricants that are highly water resistant.

Looking for Regional Analysis or Competitive Landscape in Americas & Europe Lubricants Market for Performance OEM , ask for a customized report 

Analysts’ Viewpoint

Since it will take longer than expected for full service restaurants to fully recover from the COVID-19 setback, stakeholders in HoReCa are switching to the ghost kitchen and online delivery model to offset revenue losses made in 2020. Manufacturers continue to innovate in H1 lubricants that are advanced, and meet high temperature applications. However, laboratory tests have confirmed the presence of mineral oil aromatic hydrocarbons (MOAHs) in food that are hazardous to human health. Hence, companies in the Americas & Europe lubricants market for food application should increase their R&D to manufacture high-quality food grade lubricants that prevent contamination.

Americas & Europe Lubricants Market for Food Application: Overview

  • According to Transparency Market Research’s latest research report on the lubricants market for food application in Americas and Europe for the forecast period 20202030, demand for lubricants for food application has been rising in these regions, owing to increase in urbanization and industrialization. Rise in demand for processed food by end users is estimated to boost the lubricants market for food application in Americas & Europe over the next few years.
  • In terms of value, the lubricants market for food application in Americas & Europe is estimated to reach the value US$ 16.2 Bn by 2030, expanding at a CAGR of 4% during the forecast period      

Rise in Demand for Processed Food: Key Driver of Americas & Europe Lubricants Market for Food Application

  • Economic activities in Americas & Europe have increased at a significant pace, leading to an increase in disposable income of households in these regions. Furthermore, rise in population in these regions has fueled the demand for processed food and subsequently, propelled the lubricants market for food application.
  • In 2019, the contribution of agriculture, food, and other related industries in the U.S. was US$ 1.109 Trn, which is 5.2% of the GDP of the U.S. The per capita food consumption in the U.S. is the highest, thus driving the lubricants market for food application in the country.
  • The food & beverages industry is the largest manufacturing sector in Europe, with contribution of more than US$ 1.45 Trn to the GDP of the European Union in 2019. The food processing industry in the EU holds 19% share of the global market, thereby propelling the lubricants market for food application in the region.
  • Increase in household income, fast-paced life, and changing purchasing patterns all around the world are likely to boost the demand for processed food products in the near future. This rise in the demand for processed food is expected to augment the lubricants market for food application during the forecast period.
  • Thus, increase in the demand for processed food has encouraged key players operating in the food & beverages industry to boost their production facilities, which, in turn, is anticipated to fuel the lubricants markets for food application over the next few years

Increase in Investments in Food Industry to Drive Lubricants Market for Food Application in Americas & Europe

  • Increase in demand for high quality processed food products, due to rise in urbanization and strong economic growth in emerging and developing economies, has been boosting foreign direct investments in agricultural and food sectors for the last decade. Furthermore, liberalization of trade and investment, decrease in transportation and communication costs, and increase in food prices have further contributed to this trend. These factors are fueling the lubricants market for food application.
  • Food & beverages is a leading industry in the world. Companies are investing significantly in the global food manufacturing sector. More than 400 companies invested in the food industry across the globe in 2019. This investment is anticipated to drive the lubricants market for food application.
  • The U.S. witnessed significant rise in investment in the food industry with more than 950 food & beverages industry projects announced in the U.S. in 2019. The U.S.-based food & beverage startups witnessed significant rise in investment in 2018. This, in turn, is expected to drive the lubricants market for food application.
  • Thus, increase in investment in food processing and manufacturing in the food industry is expected to propel the lubricants market for food application during the forecast period

Americas & Europe Lubricants Market for Food Application: Competition Landscape

  • Detailed profiles of manufacturers in lubricants market for food application have been included in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the lubricants market for food application in Americas & Europe are
    • The Lubrizol Corporation
    • CONDAT Group
    • The Chemours Company
    • FUCHS
    • Ultrachem Inc
    • Kluber Lubrication
    • Petro-Canada Lubricants LLC
    • Clearco Products
    • HUSK-ITT Corporation
    • Dow Chemical Company
    • Clarion Lubricants
    • Elba Lubrication Inc.
    • Lubrication Specialties, Inc.
    • Haynes Lubricants
    • Calumet Branded Products, LLC
    • Southwestern Petroleum Corporation
    • D-A Lubricant Co Inc
    • The United Oil Company, Inc.
    • IKV Tribology Ltd
    • Overlake Oil

 Americas & Europe Lubricants Market for Food Application: Major Developments

  • Key manufacturers operating in the lubricants market for food application, such as FUCHS, The Lubrizol Corporation, and The Chemours Company are focusing on the expansion of their facilities to manufacture lubricants for food applications, owing to rise in the demand for lubricants for food applications. Other prominent developments in the lubricants market for food application in Americas & Europe are highlighted below:
    • In March 2020, FUCHS launched a new, cutting, and grinding fluid. It introduced water-miscible cooling lubricants in the ECOCOOL range, which are durable and cost-effective in terms of consumption. Furthermore, the company has introduced more than 10 products in the ECOCOOL range for diverse functions.
    • In September 2020, The Lubrizol Corporation launched new PTFE-modified wax additives that are commonly utilized in the coating and ink industries to deliver beneficial surface protection properties. It has developed formulations using grades of PTFE that are compliant with European Union legislation, which provides inks & coatings the same protection and esthetic properties.
    • On June 262017, The Chemours Company announced plans to start the construction of a new Chemours Mining Solutions manufacturing facility in the state of Durango, Mexico. The project was estimated to be valued at US$ 150 Mn. The expansion is anticipated to cater to the rising needs of the mining sector in Mexico.
  •  In the report on lubricants market for food application in Americas & Europe, we have discussed individual strategies, followed by company profiles of providers of lubricants market for food application facilities. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the lubricants market for food application in Americas & Europe.

Americas & Europe Lubricants Market for Food Application – Scope of the Report

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the lubricants market for food application in Americas & Europe to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the lubricants market for food application in Americas & Europe in order to identify opportunities for stakeholders. The report also provides insightful information about how the lubricants market for food application in Americas & Europe would expand during the forecast period of 2020 to 2030.

The report offers intricate dynamics about different aspects of the lubricants market for food application in Americas & Europe, which aids companies operating in the market in making strategic decisions. TMR’s study also elaborates on the significant changes that are anticipated to configure growth of the lubricants market for food application in Americas & Europe during the forecast period. It also includes key indicator assessment that highlights growth prospects for the lubricants market for food application in Americas & Europe estimates statistics related to the market in terms of value (US$ Mn) and volume (kilo tons).

This study covers detailed segmentation of the lubricants market for food application in Americas & Europe, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the lubricants market for food application in Americas & Europe wherein various developments, expansions, and winning strategies practiced by these players have been presented in detail.

Key Questions Answered in TMR’s Report on Americas & Europe Lubricants Market for Food Application

The report provides detailed information about the lubricants market for food application in Americas & Europe on the basis of a comprehensive research on various factors that are playing a key role in accelerating the growth of the market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market in Americas & Europe market and are looking for innovative methods to create a unique benchmark in the so as to help them design successful strategies and make target-driven decisions.

  • Which type segment of the lubricants market for food application in Americas & Europe would emerge as a major revenue generator during the forecast period?
  • How are key market players successfully earning revenues in the lubricants market for food application in Americas & Europe?
  • What would be the Y-o-Y growth trend of the lubricants market for food application in Americas & Europe between 2020 and 2030?
  • What are the winning imperatives of leading players operating in the lubricants market for food application in Americas & Europe?

Research Methodology – Americas & Europe Lubricants Market for Food Application

The research methodology adopted by analysts for compiling the report on the lubricants market for food application in Americas & Europe is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the lubricants market for food application in Americas & Europe.

During the primary research phase, analysts have interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine sources, analysts have emphasized the changing scenario of the lubricants market for food application in Americas & Europe.

For secondary research, analysts have scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the lubricants market for food application in Americas & Europe.

Americas & Europe Lubricants Market for Food Application – Segmentation

TMR’s research study assesses the lubricants market for food application in Americas & Europe based on type, base oil, end use, and region. The report presents extensive market dynamics and progressive trends associated with different segments and how they are influencing the growth prospects of the lubricants market for food application in Americas & Europe.

Type

  • H1 Lubricants
  • H2 Lubricants
  • H3 Lubricants
  • Others (3H)
Base Oil
  • Mineral Oil
  • Synthetic Oil
  • Bio-based Oil
End Use
  • Bakery & Confectionary
  • Sugar
  • Meat & Poultry
  • Dairy
  • Beverage
  • Others (Fish Products, Oils & Fats, Grain Mill, and Starch Products)
Region
  • North America
  • Europe
  • Latin America

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Americas Europe Lubricants Market

Buy Now