China Top 12 Companies Accounted for 50% of total OILS & FATS market (QYResearch, 2021) (Internet Services - Other Internet Services)

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China Top 12 Companies Accounted for 50% of total OILS & FATS market (QYResearch, 2021)


Oil is unsaturated higher fatty acid glyceride, fat is saturated higher fatty acid glyceride, both are higher fatty acid glyceride, is an organic matter. Oil is generally liquid at normal temperature and pressure, and most of the oils obtained from plant seeds, such as soybean oil, sunflower oil, etc. Animal fats are solid at room temperature and pressure and are called fats. Oils & Fats are not only one of the main nutrients and main foods for human beings, but also an important industrial raw material.
According to the new market research report “China OILS & FATS Market Report 2023-2029”, published by QYResearch, the China OILS & FATS market size is projected to reach USD 98.1 billion by 2029, at a CAGR of 15.3% during the forecast period.
The China key manufacturers of OILS & FATS include Wilmar, COFCO, Bunge, Lamsoon, Namchow, Cargill, Nisshin OilliO Group, Adeka, Excelsior Lipids, Fuji, etc. In 2021, the China top 10 players had a share approximately 50.0% in terms of revenue.

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Last Update : Apr 22, 2024 2:46 AM
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