Food Grade Lubricant Market The global food grade lubricant market is on a robust growth trajectory, with projections indicating it will achieve a valuation of US$ 471 million by 2033, up from US$ 363 million in 2023. This steady growth at a CAGR of 2.6% highlights the increasing demand for safe and efficient lubrication solutions in the food processing industry, driven by stringent …
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Regulatory Push and Technological Advancements Driving Food Grade Lubricant Market to Reach USD 471 Million by 2033
The global food grade lubricant market is on a robust growth trajectory, with projections indicating it will achieve a valuation of US$ 471 million by 2033, up from US$ 363 million in 2023. This steady growth at a CAGR of 2.6% highlights the increasing demand for safe and efficient lubrication solutions in the food processing …