Global Food Grade Mineral Oil Market Report and Forecast 2024-2032

Global Food Grade Mineral Oil Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the global food grade mineral oil market is projected to grow at a CAGR of 3.50% between 2024 and 2032. Aided by growing demand from end use industries and rising disposable income, the market is expected to grow significantly by 2032.

Food grade mineral oil is a highly refined, colourless, tasteless, and odourless white oil. It is made from highly refined, pure synthetic base oils and is used in a variety of food applications due to its stability, safety, and inert properties. This oil is commonly used as a release agent, processing aid, or binder in various food products, including baked goods, confectioneries, and meat products.

The increasing consumer preference for high-quality food products is a significant food grade mineral oil market trend. As the consumer awareness regarding food safety standards intensifies, there is a significant shift towards the use of safe and effective food processing aids, thereby propelling the demand for food grade mineral oil. In addition, stringent regulations regarding food safety standards have compelled manufacturers to use safe and approved processing aids, like food grade mineral oil.

The health and wellness trend also plays a substantial role in influencing the food grade mineral oil market demand. As food grade mineral oil is non-toxic, stable, and does not interfere with the taste, aroma, or appearance of food, it is increasingly favoured in the health-conscious food market.

The diverse applications of food grade mineral oil in various industries also play a significant role in propelling the food grade mineral oil market growth. In the food and beverage industry, it is used as a lubricant for food handling equipment, a protective coating for fruits and vegetables, and a processing aid in the production of various food items. The pharmaceutical industry utilises food grade mineral oil as a lubricant and coating agent in the production of tablets and capsules.

Moreover, the cosmetic and personal care industries employ food grade mineral oil in various products due to its excellent moisturising properties and its ability to form a barrier on the skin, preventing moisture loss. Its non-comedogenic nature—meaning it does not block pores—makes it a valuable ingredient in various skincare products.

Geographically, North America holds a substantial food grade mineral oil market share, owing to the robust food processing industry in this region. Europe follows closely, with stringent food safety regulations driving the demand for high-quality food processing aids. The Asia-Pacific region is anticipated to register the fastest growth, driven by the burgeoning food and beverage industry in emerging economies like China and India, coupled with increasing consumer awareness regarding food safety.

The global food grade mineral oil market is set to witness significant growth in the coming years. As consumers become increasingly health-conscious and aware of food safety, the demand for safe, effective, and high-quality food processing aids like food grade mineral oil is likely to continue rising.

Market Segmentation

The market can be divided based on application and region.

Market Breakup by Application
  • Food and Beverages
  • Feed
  • Dietary Supplements
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global food grade mineral oil market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Apar Industries Ltd.
  • Sonneborn LLC
  • Phillips 66 Company
  • Eastern Petroleum Private Limited
  • Petro-Canada Lubricants
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Mineral Oil Market Overview
8.1 Key Industry Highlights
8.2 Global Mineral Oil Historical Market (2018-2023)
8.3 Global Mineral Oil Market Forecast (2024-2032)
8.4 Global Mineral Oil Market by Type
8.5 Global Mineral Oil Market by Application
8.6 Global Mineral Oil Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Global Food Grade Mineral Oil Market Analysis
9.1 Key Industry Highlights
9.2 Global Food Grade Mineral Oil Historical Market (2018-2023)
9.3 Global Food Grade Mineral Oil Market Forecast (2024-2032)
9.4 Global Food Grade Mineral Oil Market by Application
9.4.1 Food and Beverages
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2023)
9.4.1.3 Forecast Trend (2024-2032)
9.4.2 Feed
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2023)
9.4.2.3 Forecast Trend (2024-2032)
9.4.3 Dietary Supplements
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2023)
9.4.3.3 Forecast Trend (2024-2032)
9.4.4 Pharmaceuticals
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2023)
9.4.4.3 Forecast Trend (2024-2032)
9.4.5 Cosmetics and Personal Care
9.4.5.1 Market Share
9.4.5.2 Historical Trend (2018-2023)
9.4.5.3 Forecast Trend (2024-2032)
9.4.6 Others
9.5 Global Food Grade Mineral Oil Market by Region
9.5.1 Market Share
9.5.1.1 North America
9.5.1.2 Europe
9.5.1.3 Asia Pacific
9.5.1.4 Latin America
9.5.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
13.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Apar Industries Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Sonneborn LLC
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Phillips 66 Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Eastern Petroleum Private Limited
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Petro-Canada Lubricants
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Mineral Oil Market: Key Industry Highlights, 2018 and 2032
2. Global Mineral Oil Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Mineral Oil Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Mineral Oil Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Mineral Oil Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Mineral Oil Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Mineral Oil Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. Global Food Grade Mineral Oil Market: Key Industry Highlights, 2016 and 2026
9. Global Food Grade Mineral Oil Historical Market: Breakup by Application (USD Billion), 2018-2023
10. Global Food Grade Mineral Oil Market Forecast: Breakup by Application (USD Billion), 2024-2032
11. Global Food Grade Mineral Oil Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Global Food Grade Mineral Oil Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. North America Food Grade Mineral Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
14. North America Food Grade Mineral Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
15. Europe Food Grade Mineral Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
16. Europe Food Grade Mineral Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
17. Asia Pacific Food Grade Mineral Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
18. Asia Pacific Food Grade Mineral Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
19. Latin America Food Grade Mineral Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
20. Latin America Food Grade Mineral Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
21. Middle East and Africa Food Grade Mineral Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
22. Middle East and Africa Food Grade Mineral Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
23. North America Historical Price Trends and Forecast 2018-2028
24. Europe Historical Price Trends and Forecast 2018-2028
25. Asia Pacific Historical Price Trends and Forecast 2018-2028
26. Latin America Historical Price Trends and Forecast 2018-2028
27. Middle East and Africa Historical Price Trends and Forecast 2018-2028
28. Global Food Grade Mineral Oil Market Structure

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