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 $191.8 billion in 2015, up 6.8% for the year. Over the past five years, revenue has been growing at an annualized rate of 13.2%.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.