The revenue in the 'Oils & Fats' segment of the food market in China was forecast to continuously increase between 2024 and 2029 by in total 12.4 billion U.S. dollars (+50.76 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 36.81 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Oils & Fats' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Oils and Fats segment covers all substances that are composed of fatty acids and used for cooking purposes or as an ingredient in many food products. These fats and oils can be obtained from plants or animals and are available in both liquid (oils) and solid (fats) form.
Structure:
The segment consists of four different subsegments:
The Butter segment covers all products that are defined as a high-fat milk product and contains a minimum of 80% fat. Its other ingredients are water, protein, and lactose.
The Margarine segment covers all products that are made of vegetable oils and contains a minimum of 80% fat.
The Edible Oils segment covers any type of oil that is extracted from plants and is used for cooking and food preparation.
The Other Oils & Fats segment covers lard and other edible animal fats.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
For more information on the displayed data, click the info button on the right side of each box.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Market Insights. (June 18, 2024). Revenue in the oils & fats segment of the food market China from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 28, 2024, from https://www.statista.com/forecasts/1439131/revenue-oils-fats-food-market-china
Statista Market Insights. "Revenue in the oils & fats segment of the food market China from 2019 to 2029 (in billion U.S. dollars)." Chart. June 18, 2024. Statista. Accessed September 28, 2024. https://www.statista.com/forecasts/1439131/revenue-oils-fats-food-market-china
Statista Market Insights. (2024). Revenue in the oils & fats segment of the food market China from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 28, 2024. https://www.statista.com/forecasts/1439131/revenue-oils-fats-food-market-china
Statista Market Insights. "Revenue in The Oils & Fats Segment of The Food Market China from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1439131/revenue-oils-fats-food-market-china
Statista Market Insights, Revenue in the oils & fats segment of the food market China from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1439131/revenue-oils-fats-food-market-china (last visited September 28, 2024)
Revenue in the oils & fats segment of the food market China from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1439131/revenue-oils-fats-food-market-china