Datetime: 2026-02-09 01:55:53 Visit: 7543
Development and Prospect of China's Edible Oil Sector
Prior to 1993, China's oilseed processing industry was under strict state regulation, with rationed oil supplies leading to slow development and insufficient production to meet demand. From 1994 to 2010, the edible oil industry gradually became market-oriented, entering a phase of rapid development. The industry's scale expanded significantly, propelling China to the forefront of the global edible oil processing sector. With the rapid development of the domestic edible oil industry and the continuous expansion of oil processing, coupled with the booming vegetable oil financing and trade, the industry experienced increasing overcapacity, leading to a period of consolidation and capacity reduction. Since 2017, the edible oil industry has experienced repeated market disruptions, prompting stronger government policy regulation of oils and oilseeds. Coupled with rising public awareness of health and wellness, the edible oil industry has entered a stage of high-quality development.
Looking ahead, driven by the increasing emphasis on public health, China's edible oil industry will exhibit multi-dimensional development trends. In terms of health and premiumization, consumers' growing focus on nutrition and health is driving companies to research and promote high-end edible oil products rich in unsaturated fatty acids and other healthy components. Technological innovation and industrial upgrading have become key drivers, with advanced pressing, refining, and packaging technologies constantly emerging. Enterprises are also actively exploring intelligent and environmentally sustainable production methods. Meanwhile, the trends of branding and consolidation are becoming increasingly apparent. Large enterprises are enhancing their competitiveness through brand building and market expansion, while SMEs face greater competitive pressure, accelerating industry consolidation. Furthermore, international development is progressing steadily, with leading companies actively expanding their overseas businesses to enhance their international influence and secure raw material supplies through overseas networks. These trends are collectively shaping the future development landscape of China's edible oil industry.
