Very few food companies in the worlds developing markets use food grade lubricants in their processing and packaging facilities. Food grade lube users are a minority in more advanced regions, too. But thats changing due to the global emphasis on food safety, say a number of lubricant suppliers. Market forces as well are leading food processors to rethink their lubrication needs, one plant or company at a time. And that, says Graham Gow of Axel Christiernsson, may be the biggest dilemma facing lubricant companies that want to invest in this market.
While the upfront costs to formulate, register, produce and market food grade lubes are substantial, participants risk seeing a slow, steady simmer rather than effervescent growth.