
APAC Vegetable Oils Market Analysis
The Asia Pacific Vegetable Oil Market is expected to register a CAGR of 6.19% during the forecast period.
- Asia-Pacific registers the highest growth, across the world, due to huge demand from the food and other industrial sectors, attributed by the increasing number of health-conscious consumers, rising population, and changing living standards, coupled with the presence of major palm oil-producing nations in the region.
- The food industry held a major market share with the growing popularity of vegan diets. In addition, a number of oils are used as food supplements (or "nutraceuticals"), for their nutrient content or purported medicinal effect.
APAC Vegetable Oils Market Trends
Growing Consumption of Sunflower Oil
Sunflower oil is light in taste and appearance and supplies more vitamin E than any other vegetable oil. Thus, the adaptability of sunflower oil is attributed to its increasing demand among consumers for household cooking purposes. Therefore, sunflower oil has a high demand in developing countries as it is healthy and cheaper than most of its counterparts. The growing sunflower oil consumption is offsetting declines for palm, cottonseed, and rapeseed oil, globally. Moreover, sunflower oil is highly witnessed in the personal care segment. Giant players of the market studied are incorporating sunflower oil in their clean-label and sustainable products.

China Holds the Largest Market Share
The rising affluence of China's middle-class population is permitting consumers to purchase higher-priced, packaged vegetable oils. Moreover, the ban on the sale of loose oils in some Chinese cities has further stimulated the demand for packaged oils. In Asia-Pacific, China holds the largest share of vegetable oil consumption, as well as production. Though the production volume is high, consumption exceeds production, resulting in higher import volumes when compared to export volumes. China is an import-oriented country. Wilmar International Ltd (Yihai Kerry), Cofco Corporation, and Xiwang Food are some of the major edible vegetable oil companies operating in the Chinese market.

APAC Vegetable Oils Industry Overview
The major players of the market have a broad geographical presence and an extensive product portfolio to cater to numerous consumer demands. This factor assists the company to maintain a strong foothold in the market. Some of the major players are Wilmar International Limited, Nisshin Oillio Group Ltd, Xiwang Foodstuffs Co., Ltd, GrainCorp Limited, Fuji Oil Holding Inc., COFCO among others.
APAC Vegetable Oils Market Leaders
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Wilmar International Limited
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Fuji Oil Holding Inc.
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COFCO
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GrainCorp Limited
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Nisshin Oillio Group Ltd
- *Disclaimer: Major Players sorted in no particular order

APAC Vegetable Oils Industry Segmentation
Asia Pacific vegetable oil market is segmented by type, application, and geography. Based on type, the market is segmented into palm oil, soybean oil, rapeseed oil, sunflower oil, olive oil, and other types. Based on the application, the market studied is segmented into food, feed, and industrial. Based on geography, the regional analysis of the vegetable oil market is also being included in the report.
By Type | Palm Oil |
Soybean Oil | |
Rapeseed Oil | |
Sunflower Oil | |
Olive Oil | |
Other Types | |
By Application | Food |
Feed | |
Industrial | |
By Geography | China |
Japan | |
India | |
Australia | |
Rest of Asia-Pacific |
Palm Oil |
Soybean Oil |
Rapeseed Oil |
Sunflower Oil |
Olive Oil |
Other Types |
Food |
Feed |
Industrial |
China |
Japan |
India |
Australia |
Rest of Asia-Pacific |
APAC Vegetable Oils Market Research FAQs
What is the current Asia Pacific Vegetable Oil Market size?
The Asia Pacific Vegetable Oil Market is projected to register a CAGR of 6.19% during the forecast period (2025-2030)
Who are the key players in Asia Pacific Vegetable Oil Market?
Wilmar International Limited, Fuji Oil Holding Inc., COFCO, GrainCorp Limited and Nisshin Oillio Group Ltd are the major companies operating in the Asia Pacific Vegetable Oil Market.
What years does this Asia Pacific Vegetable Oil Market cover?
The report covers the Asia Pacific Vegetable Oil Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Vegetable Oil Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on: June 16, 2024
APAC Vegetable Oils Industry Report
Statistics for the 2025 Asia Pacific Vegetable Oil market share, size and revenue growth rate, created by Mordor Intelligenceâ„¢ Industry Reports. Asia Pacific Vegetable Oil analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.