The Cooking Oil Production industry in China expanded rapidly in recent years, mainly due to increased industry capacity and high levels of domestic demand. With the country's change in economic focus from exports to domestic demand and increased living standards, cooking oil consumption in China is expected to maintain a rigid growth trend. ACMR-IBISWorld expects industry revenue to total $233.8 billion in 2018, up 4.3% for the year. Over the past five years, revenue has been growing at an annualized rate of 5.5%.The small-package cooking oil segment accounted for 15.0% of total industry revenue in 2008, and its share has been increasing rapidly in recent years. Arawana, Fortune and Luhua are the top three brands in China and together they account for 60.0%...purchase to read more.

Industry Statistics & Market Size
Revenue
$234bn
Annual Growth 13-18
5.5%
Forecast Growth 18-23
Profit
Employment
444,953
Businesses
14,015

Industry Report - Industry Investment Chapter

Investment on manufacturing equipment in the Cooking Oil Production industry continues to increase and has led to excess capacity in recent years.Most large coastal enterprises, dependent on foreign raw material supplies, invest in ports and foreign assets to reduce production costs. Many inland enterprises invest in railways to ensure reliable modes of transportation. As raw material supplies are seasonal, enterprises often purchase raw materials in bulk and build large storage facilities.As China is a very large market, developing a retail network requires a large amount of capital. During the 1990s when people preferred cheap crude cooking oil, there were no nationwide suppliers in China. In ...purchase to read more.

Additional Insights for the Cooking Oil Production Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cooking Oil Production Industry are

  • Having a cost effective distribution system
  • Guaranteed supply of key inputs
  • Superior financial management and debt management
  • IBISWorld analysts also discuss how external factors such as Imported Goods - Capital Goods - Capital Goods - Total and Domestic Goods Availability - Primary Materials - Oilseeds in the Cooking Oil Production industry impact industry performance..

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    What's in this report

    What is the Cooking Oil Production Industry?

    The Cooking Oil Production industry in China manufactures cooking oil from a wide variety of edible oil plants. Industry products include soybean oil, rapeseed oil, palm oil, peanut oil, cottonseed oil and other edible oils.

    Industry Products
  • Soybean oil
  • Rapeseed oil
  • Peanut oil
  • Cottonseed oil
  • Other edible oil
  • Industry Activities
  • Soybean oil production
  • Rapeseed oil production
  • Peanut oil production
  • Cottonseed oil production
  • Olive oil production
  • Castor oil production
  • Sesame oil production
  • Sunflower seed oil production
  • Corn oil production
  • Other edible oil production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Imported Goods - Capital Goods - Capital Goods - Total
  • Domestic Goods Availability - Primary Materials - Oilseeds
  • Downstream Demand - Food Manufacturing
  • Domestic Goods Prices - Agricultural - Crops - Oilseeds
  • Standard of Living

  • Current Performance
    ImportsEnterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
    Growth driversImports
  • Table: Cooking Oil Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cooking Oil Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Bread & Bakery Product Manufacturing
  • Biscuit Production
  • Chocolate & Candy Production
  • Department Stores & Shopping Malls
  • Supermarkets
  • Full-Service Restaurants
  • Fast-Food Restaurants

  • Key Selling Industries
  • Cotton Growing
  • Legume Growing
  • Oilseeds and Oleaginous Fruit and Nut Growing

  • Products & Services
  • Soybean oil
  • Rapeseed oil
  • Peanut oil
  • Other edible oil
  • Cottonseed oil
  • Chart: Cooking Oil Production Industry Products and Services Segmentation

  • Demand Determinants
  • Economic growth
  • Health consciousness
  • Food safety concerns

  • Major Markets
  • Oil and grain wholesalers
  • Agents and distributors
  • Retailers
  • Supermarkets
  • Other
  • Exports
  • Chart: Major Market Segmentation for the Cooking Oil Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Cooking Oil Production

  • Basis of Competition
  • Price
  • Raw material access
  • Branding and marketing
  • Sales distribution channels
  • Breed and quality
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cooking Oil Production Industry

  • Industry Globalization
    Yihai Kerry Investments Co., Ltd., Chinatex Corporation, COFCO Group, Heilongjiang Agriculture Co. Ltd., Cargill Investment (China) Co., Ltd., Shandong Luhua Group Co., Ltd.,
  • Table: Yihai Kerry Investments Co., Ltd. - financial performance
  • Table: Chinatex Corporation - financial performance
  • Table: COFCO Group - financial performance
  • Table: Heilongjiang Agriculture Co. Ltd. - financial performance
  • Table: Cargill Investment (China) Co., Ltd. - financial performance
  • Table: Shandong Luhua Group Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Cooking Oil Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Cooking Oil Production Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)
  • Production of Edible Vegetable Oil (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Peanut Oil
  • Derived from peanuts, it has the slight aroma and taste of its parent legume.
  • Soybean Oil
  • Derived from the soybean through an extracting and refining process. It can have a slight soybean flavor.
  • Sunflower Oil
  • Produced by applying great pressure to sunflower seeds and collecting the oil.
  • What Our Customers Say

    Why buy this report?

    The Cooking Oil Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cooking Oil Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cooking Oil Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cooking Oil Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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