Rapid growth of food & beverage and pharmaceutical industries, strict government policies, and availability of food grade lubricant in aerosol and foam drive the growth of the global food grade lubricants market. However, petroleum-based food grade lubricants and low product awareness and regulations regarding manufacturing in developing regions coupled with product misconceptions hinder the market growth. On the contrary, bio-based food grade lubricants and adoption of synthetic-based food grade lubricants are expected to open new opportunities for the market players in the future.

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The global food grade lubricants market includes an in-depth analysis of the prime market players such as Brit-Lube, Clearco Products Co., Inc, Freudenberg Group, Fuchs Group, HollyFrontier Corporation, Hydrotex Lube, Interflon, Lubriplate Lubricants Company, Metalube, and SKF Group.

Covid-19 scenario:
• The pandemic negatively affected the food grade lubricant industry due to disrupted supply chain and restrictions on international trade.
• During the first few months of the pandemic, several countries imposed strict regulations regarding production of cosmetics, food, and beverages among others.
• However, shift in consumer purchasing habits and adoption of food grade lubricates are expected to help recover some losses.