China Edible Oil Market Overview, 2028

China Edible Oil Market Overview, 2028


The Chinese edible oil market stands as a vital cornerstone of the nation's culinary heritage and economic landscape. In a country where food holds immense cultural significance, edible oils are not merely commodities; they are the very essence of Chinese cuisine. This vast and dynamic market encapsulates a diverse array of edible oils, from traditional staples like soybean and rapeseed oil to the increasingly popular olive and avocado oils. China's rapid economic growth, urbanisation, and changing dietary preferences have significantly transformed this market in recent years, making it one of the largest and most competitive in the world. As the Chinese population continues to demand higher-quality and healthier edible oil options, the industry is experiencing a profound shift towards premium, imported, and specialty oils, reflecting a broader global culinary influence. The interplay of tradition and modernity, health-conscious consumers, and a burgeoning middle class hungry for culinary adventures define the multifaceted landscape of the Chinese edible oil market. In this intriguing arena, a complex web of cultural, economic, and environmental factors shapes both the supply and demand sides, making it a fascinating and critical sector within the broader global food industry. In China, the provinces in the northeast and central east make up the majority of the soybean production regions. The majority of locally operated soybean crushing facilities were located in soybean-producing regions before the 1990s. Numerous additional crushing plants were constructed throughout the coastal region as a result of rising soybean imports. It became less expensive for crushing plants close to harbours to buy imported soybeans due to the lower price of imported soybeans and transit restrictions for local soybeans. China is already self-sufficient in soybean meal because of the vast amount of soybean seeds it crushes (70 million metric tonnes in 2015), and it is a net exporter of soymeal to nations like Japan, Vietnam, and South Korea. China continues to be a net importer of soybean oil, nevertheless.

According to the research report ""China Edible Oil Market Overview, 2028,"" published by Bonafide Research, the China Edible Oil Market was valued at more than USD 34 billion in 2022. Edible oils in China are not just ingredients; they are symbolic of familial and communal bonds. Preparing and sharing meals with family and friends is central to Chinese culture, and the choice of oil used in cooking is a significant part of this tradition. It reflects the regional and familial culinary heritage passed down through generations. Traditionally, Chinese culture has also associated certain edible oils with health benefits. For instance, sesame oil is believed to have nourishing properties and is often used in medicinal and health-promoting recipes. Tea seed oil is an oil with a history of use in traditional Chinese medicine. Chinese culinary traditions emphasise various cooking techniques, such as stir-frying, deep-frying, and pan-frying. Different oils are chosen based on these techniques to achieve the desired flavours and textures. For instance, peanut oil is commonly used for deep-frying because of its high smoke point, while sesame oil is often added as a finishing touch for its aromatic qualities. As China's middle class grows and urbanises, there is a notable shift in dietary preferences. Consumers are increasingly seeking healthier and more diverse food options. This has led to a growing demand for edible oils perceived as healthier, such as olive oil and avocado oil, as well as specialty oils. A rising awareness of health and wellness is driving consumers to choose edible oils that are perceived as beneficial for their health. Oils with a lower saturated fat content and those rich in omega-3 fatty acids, like fish oil, are gaining popularity due to their potential health benefits.

Based on the product types, there are soybean oil, palm oil, rapeseed oil, mustard oil, sunflower oil, olive oil, groundnut oil, coconut oil, corn oil, rice bran oil, sesame oil, cottonseed oil, and others (apricot, hazelnut, almond, macadamia, walnut, avocado, grape seed, cashew, Brazil nuts, canola, etc.). Soybean oil is one of the most widely used edible oils in China. It is versatile, has a neutral flavour, and has a high smoke point, making it suitable for various cooking methods such as stir-frying and deep-frying. It is a staple in Chinese cuisine. Soybean oil has a long history of use in Chinese cuisine, dating back centuries. It is deeply ingrained in traditional Chinese cooking techniques and recipes, making it a staple in many regional dishes. Soybeans are one of the major oilseed crops grown in China, making soybean oil readily available and cost-effective. The domestic production of soybeans and soybean oil supports a stable supply chain, which is important for meeting the high demand. On the strength of greater yields, China's marketing year (MY) 22/23 soybean output is anticipated to reach a nearly record high of more than 18 million metric tonnes (MMT). On account of increased demand for soybean meal (SBM) for swine and poultry as well as for vegetable oil for use in the food industry, Post maintains expected MY 22/23 soybean imports at more than 95 MMT. Others like apricot, hazelnut, almond, macadamia, walnut, avocado, grape seed, cashew, Brazil nuts, canola, etc. are growing at the highest CAGR rate, and Chinese consumers are becoming increasingly health-conscious and are seeking oils that are perceived as healthier alternatives to traditional cooking oils. Many oils are often considered healthier due to their high content of unsaturated fats, particularly monounsaturated and polyunsaturated fats, which are associated with various health benefits. As China becomes more interconnected with the global culinary world, Western dietary trends and influences are spreading. These oils are commonly used in Western cooking and are gaining popularity in China as a result.

Conventional and organic are based on nature types; traditional Chinese cuisine heavily relies on these conventional edible oils. They have been integral to Chinese cooking for centuries, and many iconic dishes and cooking techniques are specifically designed to be used with these oils. There is a strong cultural attachment to these oils, making them staples in Chinese households. Conventional oils like soybean, rapeseed, and peanut oil are highly versatile. They have neutral flavours and high smoke points, making them suitable for a wide range of cooking methods, including stir-frying, deep-frying, sautéing, and as a base for sauces and marinades. This versatility is well suited to the diversity of Chinese cuisine. Furthermore, China is a major producer of soybeans, rapeseed, and peanuts. Domestic production supports a stable supply chain, ensuring a consistent and affordable source of these conventional oils. Historically, the Chinese government has supported the production of soybeans and other conventional oilseeds as part of its food security policies. This support has led to consistent production and supply.

Based on the end user, which includes domestic, industrial, and food service, among them domestic leads the market, Edible oils, especially those produced locally like soybean oil and rapeseed oil, are widely used in traditional Chinese cooking. For ages, these oils have been a crucial component of Chinese cuisine. These oils are standard fare in Chinese families due to their familiarity and cultural significance. Edible oils in China have cultural significance beyond their culinary uses. They are symbols of traditional Chinese cuisine and are deeply embedded in cultural practices and rituals. Special occasions, festivals, and family gatherings often involve the use of these oils in traditional dishes. Furthermore, the food processing industry is the largest consumer of edible oils in China. Edible oils are used as ingredients in a wide range of processed foods, including snacks, baked goods, fried foods, sauces, dressings, and ready-to-eat meals. Soybean oil, palm oil, and rapeseed oil are commonly used in food processing. Edible oils, such as soybean oil and palm oil, are used in baking cookies, cakes, bread, and pastries. They provide the necessary fat content and texture to baked goods. Based on the distribution channel, which includes offline and online, the offline segment leads the market.
Offline, such as convenience stores, hypermarkets, supermarkets, direct sales, and others, Chinese people frequently purchase edible oil from hypermarkets and
supermarkets. Hypermarkets and supermarkets offer a wide variety of edible oil brands and types, including both domestic and imported options. This extensive selection allows consumers to choose based on their preferences, dietary needs, and price points. Customers can easily compare different brands and find oils that suit their tastes and requirements. Furthermore, hypermarkets and supermarkets are often conveniently located in urban and suburban areas, making them easily accessible to a large portion of the population. Consumers can shop for groceries, including edible oils, while doing other household or personal shopping in one place. There are many hypermarkets and supermarkets that offer edible oil in China, including Carrefour, Auchan, RT-Mart, Metro, and many more.

Considered in this report:
• Geography: China
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• China Edible Oils market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Soybean Oil
• Palm Oil
• Rapeseed Oil
• Mustard Oil
• Sunflower Oil
• Olive Oil
• Ground nut Oil
• Coconut Oil
• Corn Oil
• Rice bran Oil
• Sesame Oil
• Cottonseed Oil
• Others (apricot, hazelnut, almond, macadamia, walnut, avocado, grape seed, cashew, brazil nuts, canola etc)

By Nature:
• Conventional
• Organic

By End-User:
• Domestic
• Industrial
• Food Service

By Distribution Channel:
• Offline
• Convenience store
• Hypermarket/Supermarket
• Direct Sales
• Others
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Edible Oil industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.



1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. China Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. China Edible Oil Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Nature
6.4. Market Size and Forecast By End User
6.5. Market Size and Forecast By Distribution Channel
6.6. Market Size and Forecast By Packaging Type
7. China Edible Oil Market Segmentations
7.1. China Edible Oil Market, By Product Type
7.1.1. China Edible Oil Market Size, By Soybean Oil, 2017-2028
7.1.2. China Edible Oil Market Size, By Palm Oil, 2017-2028
7.1.3. China Edible Oil Market Size, By Rapeseed Oil, 2017-2028
7.1.4. China Edible Oil Market Size, By Mustard Oil, 2017-2028
7.1.5. China Edible Oil Market Size, By Sunflower Oil, 2017-2028
7.1.6. China Edible Oil Market Size, By Olive Oil, 2017-2028
7.1.7. China Edible Oil Market Size, By Ground nut Oil, 2017-2028
7.1.8. China Edible Oil Market Size, By Coconut Oil, 2017-2028
7.1.9. China Edible Oil Market Size, By Corn Oil, 2017-2028
7.1.10. China Edible Oil Market Size, By Rice bran Oil, 2017-2028
7.1.11. China Edible Oil Market Size, By Sesame Oil, 2017-2028
7.1.12. China Edible Oil Market Size, By Cottonseed Oil, 2017-2028
7.1.13. China Edible Oil Market Size, By Others, 2017-2028
7.2. China Edible Oil Market, By Nature
7.2.1. China Edible Oil Market Size, By Conventional, 2017-2028
7.2.2. China Edible Oil Market Size, By Organic, 2017-2028
7.3. China Edible Oil Market, By End User
7.3.1. China Edible Oil Market Size, By Domestic, 2017-2028
7.3.2. China Edible Oil Market Size, By Industrial, 2017-2028
7.3.3. China Edible Oil Market Size, By Food Service, 2017-2028
7.4. China Edible Oil Market, By Distribution Channel
7.4.1. China Edible Oil Market Size, By Offline, 2017-2028
7.4.2. China Edible Oil Market Size, By Online, 2017-2028
7.5. China Edible Oil Market, By Packaging Type
7.5.1. China Edible Oil Market Size, By HDPE (Plastic), 2017-2028
7.5.2. China Edible Oil Market Size, By Pet (Bottles), 2017-2028
7.5.3. China Edible Oil Market Size, By Pouch, 2017-2028
7.5.4. China Edible Oil Market Size, By Tin, 2017-2028
7.5.5. China Edible Oil Market Size, By Tetrapak, 2017-2028
8. China Edible Oil Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Nature, 2023 to 2028
8.3. By End User, 2023 to 2028
8.4. By Distribution Channel, 2023 to 2028
8.5. By Packaging Type, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
List of Figures
Figure 1: China Edible Oil Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Nature
Figure 4: Market Attractiveness Index, By End User
Figure 5: Market Attractiveness Index, By Distribution Channel
Figure 6: Market Attractiveness Index, By Packaging Type
Figure 7: Porter's Five Forces of China Edible Oil Market
List of Table
Table 1: Influencing Factors for Global Edible Oil Market, 2022
Table 2: China Edible Oil Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: China Edible Oil Market Size and Forecast By Nature (2017, 2022 & 2028F)
Table 4: China Edible Oil Market Size and Forecast By End User (2017, 2022 & 2028F)
Table 5: China Edible Oil Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 6: China Edible Oil Market Size and Forecast By Packaging Type (2017, 2022 & 2028F)
Table 7: China Edible Oil Market Size of Soybean Oil (2017 to 2028) in USD Million
Table 8: China Edible Oil Market Size of Palm Oil (2017 to 2028) in USD Million
Table 9: China Edible Oil Market Size of Rapeseed Oil (2017 to 2028) in USD Million
Table 10: China Edible Oil Market Size of Mustard Oil (2017 to 2028) in USD Million
Table 11: China Edible Oil Market Size of Sunflower Oil (2017 to 2028) in USD Million
Table 12: China Edible Oil Market Size of Olive Oil (2017 to 2028) in USD Million
Table 13: China Edible Oil Market Size of Ground nut Oil (2017 to 2028) in USD Million
Table 14: China Edible Oil Market Size of Coconut Oil (2017 to 2028) in USD Million
Table 15: China Edible Oil Market Size of Corn Oil (2017 to 2028) in USD Million
Table 16: China Edible Oil Market Size of Rice bran Oil (2017 to 2028) in USD Million
Table 17: China Edible Oil Market Size of Sesame Oil (2017 to 2028) in USD Million
Table 18: China Edible Oil Market Size of Cottonseed Oil (2017 to 2028) in USD Million
Table 19: China Edible Oil Market Size of Others (2017 to 2028) in USD Million
Table 20: China Edible Oil Market Size of Conventional (2017 to 2028) in USD Million
Table 21: China Edible Oil Market Size of Organic (2017 to 2028) in USD Million
Table 22: China Edible Oil Market Size of Domestic (2017 to 2028) in USD Million
Table 23: China Edible Oil Market Size of Industrial (2017 to 2028) in USD Million
Table 24: China Edible Oil Market Size of Food Service (2017 to 2028) in USD Million
Table 25: China Edible Oil Market Size of Offline (2017 to 2028) in USD Million
Table 26: China Edible Oil Market Size of Convenience Store (2017 to 2028) in USD Million
Table 27: China Edible Oil Market Size of Hypermarket/Supermarket (2017 to 2028) in USD Million
Table 28: China Edible Oil Market Size of Direct Sales (2017 to 2028) in USD Million
Table 29: China Edible Oil Market Size of Others (2017 to 2028) in USD Million
Table 30: China Edible Oil Market Size of Online (2017 to 2028) in USD Million
Table 31: China Edible Oil Market Size of HDPE (Plastic) (2017 to 2028) in USD Million
Table 32: China Edible Oil Market Size of Pet (Bottles) (2017 to 2028) in USD Million
Table 33: China Edible Oil Market Size of Pouch (2017 to 2028) in USD Million
Table 34: China Edible Oil Market Size of Tin (2017 to 2028) in USD Million
Table 35: China Edible Oil Market Size of Tetrapak (2017 to 2028) in USD Million

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings