China is a significant producer and consumer of rapeseed oil, also known as canola oil. Rapeseed oil is widely used in Chinese cuisine for cooking, frying, and as a salad dressing base. China's rapeseed oil production is primarily concentrated in the Yangtze River Basin and the southwestern provinces, with major cultivation areas in places like Hubei, Hunan, and Sichuan. The country's robust rapeseed industry has been supported by government initiatives to boost domestic production and reduce reliance on imports. China is among the leading countries in rapeseed genomic research internationally, having jointly with other countries accomplished the whole genome sequencing of rapeseed. China is home to some of the world's largest and most influential manufacturers of rapeseed oil. These companies have played a pivotal role in the country's emergence as a major player in the global rapeseed oil industry. Among these manufacturers, Sinograin Oils Corporation stands out as one of the key players. This state-owned enterprise is involved in various aspects of the rapeseed oil production chain, from cultivation and processing to distribution. Its extensive resources and nationwide presence have contributed significantly to China's high rapeseed oil production. Another prominent player is Cofco Tunhe, a subsidiary of China National Cereals, Oils, and Foodstuffs Corporation (COFCO). Cofco Tunhe is known for its advanced processing facilities and a strong market presence, making it a major contributor to China's rapeseed oil output. According to the research report "China Rapeseed Oil Market Research Report, 2023-28," published by Actual Market Research, is predicted to expand significantly during the course of the forecast year 2023-2028. China's rapeseed oil production has seen significant growth in recent years, establishing itself as one of the leading producers globally. This surge in production can be attributed to several factors. Firstly, China has devoted substantial agricultural resources and investments to boost rapeseed cultivation, resulting in increased yields. Moreover, advancements in farming techniques, such as the adoption of hybrid varieties and improved agronomic practices, have further elevated production levels. Another crucial factor contributing to China's high rapeseed oil production is its vast and diverse agricultural landscape. The country's varied climate zones and geographical regions provide suitable conditions for rapeseed cultivation across a wide range of areas. According to the United States Department of Agriculture (USDA) Foreign Agriculture Service, China is the world's largest consumer of rapeseed oil, consuming an estimated 14 million tons in 2022. This is equivalent to about 25% of global rapeseed oil consumption. The country's consumption of rapeseed oil is expected to continue to grow in the coming years, driven by factors such as rising incomes, a growing middle class, and a preference for healthier cooking oils. China imports rapeseed oil primarily from countries known for their robust rapeseed oil production. Major suppliers include Canada, Australia, and Ukraine. Canada, in particular, is a significant source of rapeseed oil imports for China, as it is one of the world's largest producers and exporters of canola oil, a type of rapeseed oil. While China is a net importer of rapeseed oil, it does export this commodity to some extent. China's rapeseed oil exports often go to neighboring Asian countries, such as Japan and South Korea, as well as other international markets. These exports typically cater to specific market demands or trade agreements.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleThe report is segmented on the basis of Nature of Rapeseed oil that is Organic and Conventional. In China, the market for conventional rapeseed oil has historically been much larger and more established. Conventional rapeseed oil, produced through traditional farming methods with the use of synthetic pesticides and fertilizers, has been the preferred choice for many consumers due to its affordability and wide availability. This demand has been driven by various culinary uses, including frying, stir-frying, and salad dressings, making it a staple in Chinese households and the food industry. However, there is a notable and growing interest in organic rapeseed oil in China. Organic products are gaining popularity as consumers become more health-conscious and environmentally aware. Organic rapeseed oil is produced without the use of synthetic chemicals, following strict organic farming practices. It is perceived as a healthier and more sustainable alternative to conventional rapeseed oil. As consumers seek safer and more natural food options, the organic rapeseed oil market is experiencing steady growth. This trend is supported by an increasing number of certified organic farms and producers in China, as well as a growing awareness of the benefits of organic products. Organic rapeseed oil is finding its niche among health-conscious consumers, chefs, and food enthusiasts who appreciate its purity and environmentally friendly production methods. According to the End- Users of rapeseed oils, the report has been categorized into three end -users type; Households, Industrial, and Food Service. In China, rapeseed oil holds a prominent and versatile position in various sectors of the economy. Firstly, it enjoys the highest market share in households, where it is staple cooking oil. Its popularity in homes across the country is primarily due to its affordability, mild flavor, and suitability for various cooking methods, including stir-frying and deep-frying. It has been a trusted companion in Chinese kitchens for generations. Beyond household use, rapeseed oil also plays a significant role in various industries, further solidifying its market presence. It is employed in industrial applications such as biodiesel production, lubricants, and the manufacturing of soaps and cosmetics. The versatility of rapeseed oil makes it a valuable resource in industrial processes. Moreover, rapeseed oil is increasingly gaining traction in the food services sector. Restaurants, hotels, and catering businesses are recognizing its culinary advantages, including its ability to enhance the flavors of dishes and its healthier oil profile compared to some alternatives. The growing popularity of Chinese cuisine globally has also contributed to the increased use of rapeseed oil in professional kitchens. According to the Rapeseed oil market, the report is segmented on the basis of distributional channels, which includes Online and Offline distribution of oils. In China, the distribution of rapeseed oil is characterized by a diverse landscape of sales channels, with conventional stores leading the way in terms of market penetration. These conventional stores, including local markets, grocery stores, and supermarkets, have traditionally been the primary outlets for rapeseed oil sales. They offer consumers easy access to a wide range of cooking oils, including rapeseed oil, and are deeply ingrained in the country's retail culture. Following conventional stores, retail stores have also gained substantial traction in distributing rapeseed oil. These retail outlets can range from specialty food stores to convenience stores, offering consumers convenience and a variety of options. Direct sales channels, such as farmers' markets and producer-direct outlets, are another important avenue for rapeseed oil distribution, especially for consumers looking for a more direct and often fresher source of the product. In recent years, online sales have surged in popularity and now hold a significant share of the rapeseed oil distribution market. E-commerce platforms have enabled consumers to purchase rapeseed oil conveniently from the comfort of their homes, with a wide selection of brands and products available online.
The COVID-19 epidemic had a wide-ranging effect on the Chinese rapeseed oil market. When the pandemic first started, there was an increase in demand for several cooking oils, particularly rapeseed oil, as people stocked up on necessary food products. Because producers and suppliers were unable to keep up with the unexpected increase in demand, there were temporary supply interruptions and price increases. The market dynamics changed nonetheless as the outbreak persisted. The demand for rapeseed oil in the foodservice industry decreased as a result of the closing of eateries, lodging facilities, and catering businesses as well as modifications in consumer behavior. On the other hand, due to lockdowns and restrictions, there was a steady rise in household demand for cooking oils as more individuals cooked and baked at home. The retail sector of the rapeseed oil market profited from this change in consumer habits. The pandemic also had an impact on supply chains, which led to some delays in the rapeseed oil industry's production and delivery. Considered in this report: • Geography: China • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • China Rapeseed Oil Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation
By Nature: • Conventional • Organic By End User: • Household • Industrial • Food Service By Distributional Channel: • Conventional Store • Hypermarket/Supermarket • Direct Sales • Online • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Rapeseed Oil Market industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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