Edible oils in China is expected to return to slow and stable retail volume and current value growth in the forecast period, rebounding after a year of significant decline. However, volume sales are not expected to return to the 2022 level even by the end of the forecast period.
Sales of private label edible oils have been growing rapidly from a low base in China in recent years, especially in 2023. One of the drivers of growth has been the rapid expansion of retailers such as Freshippo, Sam’s Club, Aldi, etc.
In November 2022, the corn oil manufacturer Changshouhua filed for IPO guidance with the Shandong Securities Regulatory Bureau, indicating its plans to be listed on the A-share market. Back in 2009, Changshouhua was previously listed on the Hong Kong Stock Exchange.
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Understand the latest market trends and future growth opportunities for the Edible Oils industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Edible Oils industry in China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Edible Oils
This is the aggregation of olive oil and vegetable and seed oil (which comprises of corn oil, palm oil, rapeseed oil, soy oil, sunflower oil, and other edible oil). Please note blended oil that contain over 50% of one type of oil are categorised in that category, e.g. blended oil with 60% soy oil is categorised in soy oil; whereas blended oils with less than 50% of a specific type of oil are categorised in other edible oil. Includes: Pre-packaged edible oils products purchased by consumers through legally established retail channels. Excludes: Unpackaged/bulk oils, i.e. instances where consumers bring an empty container or plastic bag to be (re)filled with cooking oil. Example: Minyak curah in Indonesia.
See All of Our DefinitionsThis report originates from Passport, our Edible Oils research and analysis database.
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