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.


Industry Analysis & Industry Trends

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 $217.8 billion in 2017, up 6.1% for the year. Over the past five years, revenue has been growing at an annualized rate of 7.7%.

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%...

Industry Report - Starting a New Business Chapter

Certification requirements

Since 2002, firms operating in the industry have been required to undertake compulsory certification. Manufacturers must pass strict mandatory certification processes on all production stages to gain a three-year license.


In 2004, as new cooking oil standards were established, a market access system was formed and many manufacturers were unable to survive against increased competition. It can be difficult for a company to enter the industry as the regulation level is increasing.

Fierce competition

Product differentiation in the industry is low and market competition is intense. There are several large holding groups with strong market power and nationally famous brands. The..

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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    Industry Products

    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

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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
  • Imports
  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth drivers
  • Imports
  • Table: Cooking Oil Production Industry Revenue Outlook

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

  • Products & Markets
    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
    Competitive Landscape
    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
    Major Companies
    Yihai Kerry Investments Co., Ltd.Chinatex CorporationCOFCO GroupHeilongjiang 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

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Cooking Oil Production Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Production of Edible Vegetable Oil (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    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.
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    • Identify threats and opportunities
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    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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