MarketResearchReports.com has announced the addition of “Forecast of Global Food Grade Lubricants Consumption Market 2023” research report to their offering. See more at- http://mrr.cm/wA5
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Introduction to Report
Launch Date: September 3, 2018
Number of Pages: 166
Geography Coverage: Global
Available Format: PDF
Price For Single User License: USD 4,660
Price For Global User License: USD 9,320
Delivery Time: Within 24 Hours (During Working
Days)
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About the Report
Global Food Grade Lubricants market will register
a 6.7% CAGR in terms of revenue, reach US$ 290
million by 2023, from US$ 200 million in 2017.
This report studies the Food Grade Lubricants
market, Food grade lubricants are permitted for
possible incidental contact with food products.
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Key Highlights; Continues..
The certification for this categorization is provided by
organizations such as NSF International.
Similarly, the ISO provides certification 21469 to
manufacturers with high sanitation and hygiene
standards for manufacture of food grade lubricants.
The manufacturers may also attain additional
certifications for halal and kosher compliance.
Food grade lubricants based on application is
segmented into four categories, namely, food,
beverages, pharmaceuticals & cosmetics, and others.
The food application is the largest segment of the
market.
Europe is the largest supplier of Food Grade
Lubricants, with a production market share nearly
47.86% and sales market share nearly 32.06% in 2017.
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Key Highlights; Continues..
The second place is North America; following Europe
with the production market share of 39.98% and the
sales market share over 28.93%.
Asia (Ex. China) is another important market of Food
Grade Lubricants, enjoying 2.06% production market
share and 16.39% sales market share in 2017.
Food Grade Lubricants is used in Food, Beverages and
Pharmaceuticals & Cosmetics areas. Report data
showed that 54.17% of the Food Grade Lubricants
market demand in Food application, 28.73% in
Beverages application, and 17.10% in Pharmaceuticals &
Cosmetics areas in 2017.
Over the next five years, study projects that Food Grade
Lubricants will register a 6.7% CAGR in terms of
revenue, reach US$ 290 million by 2023, from US$ 200
million in 2017.
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Research objectives;
To study and analyze the global Food Grade Lubricants
consumption (value & volume) by key regions/countries,
product type and application, history data from 2013 to
2017, and forecast to 2023.
To understand the structure of Food Grade Lubricants
market by identifying its various subsegments.
Focuses on the key global Food Grade Lubricants
manufacturers, to define, describe and analyze the sales
volume, value, market share, market competition
landscape, SWOT analysis and development plans in
next few years.
To analyze the Food Grade Lubricants with respect to
individual growth trends, future prospects, and their
contribution to the total market.
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Research objectives; Continues…
To share detailed information about the key factors
influencing the growth of the market (growth potential,
opportunities, drivers, industry-specific challenges and
risks).
To project the consumption of Food Grade Lubricants
submarkets, with respect to key regions (along with their
respective key countries).
To analyze competitive developments such as
expansions, agreements, new product launches, and
acquisitions in the market.
To strategically profile the key players and
comprehensively analyze their growth strategies.
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Report Coverage:
1. Scope of the Report
2. Executive Summary
3. Global Food Grade Lubricants by Players
4. Food Grade Lubricants by Regions
5. Market Drivers, Challenges and Trends
6. Marketing, Distributors and Customer
7. Global Food Grade Lubricants Market Forecast
8. Key Players Analysis
9. Research Findings and Conclusion
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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Company Coverage:
1. FUCHS
2. TOTAL
3. British Petroleum
4. Exxon Mobil
5. Petro-Canada
6. Jax Inc.
7. SKF
8. ITW
9. Kluber
10. Anderol
11. Lubriplate
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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