The Future of the Oils & Fats Market in China, to 2016
Synopsis The Future of the Oils and Fats Market in China, to 2016 is the result of Canadean’s extensive market research. The report presents detailed analysis on the Oils and Fats consumption trends in China, historic and forecast Oils and Fats consumption volumes and values at market and category level, brand share and distribution channel data. This report brings together Canadean Intelligence's research, modeling and analysis expertise in order to develop uniquely detailed market data. This allows domestic and foreign companies to identify the market dynamics to account for Oils and Fats sales overall and to know which categories and segments are showing growth in the coming years Summary Why was the report written? • This report provides authoritative and granular data on the Oils and Fats market in China and, in doing so fills the gaps in marketers’ understanding of trends and the components of change behind them • Based upon extensive primary and secondary research to provide comprehensive and granular data, this report allows marketers to confidently update their strategic and tactical plans • Marketers need data on volume and value changes, brand dynamics and distribution trends in order to effectively plan strategies What are the key drivers behind recent market changes? Consumers have been reacting to the effects of the global recession including the following recovery period on their discretionary spending and consumer markets have been no exception. While the country by country market changes have varied, no country has been left totally untouched.This report examines the components of change in the market by looking at historic and future growth patterns including the effects of consumers’ behavior on total volumes, values, brands selected and types of product chosen. What makes this report unique and essential to read? The report provides the latest, detailed data on dynamics in the Chinese Oils and Fats market, providing marketers wi
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OILS & FATS
Industry Forecast Report
The Future of the Oils & Fats
Market in China, to 2016
Reference code: CS0177MR
Published: April 2012
www.canadean.com
TABLE OF CONTENTS
TABLE OF CONTENTS
1 Introduction ....................................................................................................................... 8
1.1 What is this Report About? ............................................................................................................. 8
1.2 Definitions....................................................................................................................................... 8
1.2.1 This report provides 2011 actual sales; while forecasts are provided for 2012 – 2016. .................................... 8
1.2.2 Volume Units and Aggregations......................................................................................................................... 8
1.2.3 Introduction......................................................................................................................................................... 8
1.2.4 Large scale, international, program of online consumer surveys ...................................................................... 9
1.2.5 Nationally Representative results (age, gender) ................................................................................................ 9
1.2.6 Parents answered on their children’s behalf ...................................................................................................... 9
1.2.7 Legal Drinking Age exclusions for alcoholic drinks categories .......................................................................... 9
1.2.8 Integrated with industry calling and secondary research ................................................................................. 10
2 China Oils & Fats Market Overview ............................................................................... 11
2.1 China Oils & Fats Market Analysis by Volume ...............................................................................11
2.1.1 Overall Oils & Fats Consumption, 2006–16 ..................................................................................................... 11
2.1.2 Per-capita Oils & Fats consumption, 2006–16................................................................................................. 12
2.1.3 Oils & Fats Market Growth Dynamics, by Volume ........................................................................................... 13
2.1.4 Oils & Fats Consumption by Category, 2006–16 ............................................................................................. 14
2.1.5 Oils & Fats Consumption – Trends and Forecasts .......................................................................................... 15
2.2 Oils & Fats Market Analysis by Value ............................................................................................16
2.2.1 Overall Oils & Fats Market Value, 2006–16 ..................................................................................................... 16
2.2.2 Oils & Fats Market Growth Dynamics, by Value .............................................................................................. 17
2.2.3 Oils & Fats Market Value by Category, 2006–16 ............................................................................................. 18
2.2.4 Oils & Fats Market Value - Trends and Forecasts, 2006 Vs. 2011 Vs. 2016 .................................................. 20
3 China Oils Market Analysis ............................................................................................ 21
3.1 Market Growth Dynamics-Oils, 2006–16........................................................................................21
3.1.1 Oils Market Growth Dynamics by Volume, 2006–16 ....................................................................................... 21
3.1.2 Oils Market Growth Dynamics by Value, 2006–16, ......................................................................................... 22
3.2 Oils Consumption Analysis, 2006–16 ............................................................................................23
3.2.1 Oils Market by Volume, 2006–16 ..................................................................................................................... 23
3.2.2 Oils Consumption by Segments, 2006–16 ....................................................................................................... 24
3.3 Oils Market Value Analysis, 2006–16 ............................................................................................26
3.3.1 Oils Market by Value, 2006–16 ........................................................................................................................ 26
3.3.2 Average Consumer Price/ Kg - Oils, 2006–16 ................................................................................................. 27
3.3.3 Oils Market Value by Segments, 2006–16 ....................................................................................................... 28
3.4 Cooking Sprays Market Analysis, 2006–16....................................................................................30
3.4.1 Cooking Sprays Market by Volume, 2006–16 .................................................................................................. 30
3.4.2 Cooking Sprays Market by Value, 2006–16 ..................................................................................................... 31
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3.5 Corn Oil Market Analysis, 2006–16................................................................................................32
3.5.1 Corn Oil Market by Volume, 2006–16 .............................................................................................................. 32
3.5.2 Corn Oil Market by Value, 2006–16 ................................................................................................................. 33
3.6 Olive Oil Market Analysis, 2006–16 ...............................................................................................34
3.6.1 Olive Oil Market by Volume, 2006–16 ............................................................................................................. 34
3.6.2 Olive Oil Market by Value, 2006–16 ................................................................................................................ 35
3.7 Other Edible Oils Market Analysis, 2006–16 ..................................................................................36
3.7.1 Other Edible Oils Market by Volume, 2006–16 ................................................................................................ 36
3.7.2 Other Edible Oils Market by Value, 2006–16 ................................................................................................... 37
3.8 Sunflower Oil Market Analysis, 2006–16........................................................................................38
3.8.1 Sunflower Oil Market by Volume, 2006–16 ...................................................................................................... 38
3.8.2 Sunflower Oil Market by Value, 2006–16 ......................................................................................................... 39
3.9 Vegetable Oil Market Analysis, 2006–16 .......................................................................................40
3.9.1 Vegetable Oil Market by Volume, 2006–16 ..................................................................................................... 40
3.9.2 Vegetable Oil Market by Value, 2006–16 ........................................................................................................ 41
3.10 Oils Market Volume Analysis by Brands, 2008-11 .........................................................................42
3.11 Oils Market Value by Distribution Channel, 2008-11 ......................................................................43
4 China Solid Fats Market Analysis .................................................................................. 45
4.1 Market Growth Dynamics- Solid Fats, 2006–16 .............................................................................45
4.1.1 Solid Fats Market Growth Dynamics by Volume, 2006–16 ............................................................................. 45
4.1.2 Solid Fats Market Growth Dynamics by Value, 2006–16 ................................................................................ 46
4.2 Solid Fats Consumption Analysis, 2006–16 ...................................................................................47
4.2.1 Solid Fats Market by Volume, 2006–16 ........................................................................................................... 47
4.2.2 Solid Fats Consumption by Segments, 2006–16 ............................................................................................. 48
4.3 Solid Fats Market Value Analysis, 2006–16 ...................................................................................50
4.3.1 Solid Fats Market by Value, 2006–16 .............................................................................................................. 50
4.3.2 Average Consumer Price/ Kg – Other Oils & Fats, 2006–16 ........................................................................... 51
4.3.3 Solid Fats Market Value by Segments, 2006–16 ............................................................................................. 52
4.4 Ghee Market Analysis, 2006–16 ....................................................................................................54
4.4.1 Ghee Market by Volume, 2006–16 .................................................................................................................. 54
4.4.2 Ghee Market by Value, 2006–16 ..................................................................................................................... 55
4.5 Compound Cooking Fats (CCF) Market Analysis, 2006–16 ...........................................................56
4.5.1 Compound Cooking Fats (CCF) Market by Volume, 2006–16 ........................................................................ 56
4.5.2 Compound Cooking Fats (CCF) Market by Value, 2006–16 ........................................................................... 57
4.6 Lard Market Analysis, 2006–16 .....................................................................................................58
4.6.1 Lard Market by Volume, 2006–16 .................................................................................................................... 58
4.6.2 Lard Market by Value, 2006–16 ....................................................................................................................... 59
4.7 Other Solid Fats Market Analysis, 2006–16 ...................................................................................60
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4.7.1 Other Solid Fats Market by Volume, 2006–16 ................................................................................................. 60
4.7.2 Other Solid Fats Market by Value, 2006–16 .................................................................................................... 61
4.8 Shortening Market Analysis, 2006–16 ...........................................................................................62
4.8.1 Shortening Market by Volume, 2006–16 .......................................................................................................... 62
4.8.2 Shortening Market by Value, 2006–16 ............................................................................................................. 63
4.9 Solid Fats Market Value by Distribution Channel, 2008-11 ............................................................64
5 Methodology .................................................................................................................... 66
5.1 About Canadean............................................................................................................................66
5.2 Disclaimer......................................................................................................................................66
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TABLE OF CONTENTS
LIST OF FIGURES
Figure 1: Consumer Panel Report Methodology ................................................................................................................................................. 10
Figure 2: China Oils & Fats Consumption (Kg m) and Growth (Y-o-Y), 2006–16 ................................................................................................ 11
Figure 3: China Per-capita Oils & Fats Consumption (Kg/head & Y-o-Y growth), 2006–16 ................................................................................. 12
Figure 4: China Oils & Fats Market Dynamics, by Category, by Volume 2006–16 .............................................................................................. 13
Figure 5: China Oils & Fats Consumption (Kg m) by Category, 2006–16 ............................................................................................................ 14
Figure 6: China Oils & Fats Consumption by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016 ............................................................. 15
Figure 7: China Oils & Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16 ............................................................................................. 16
Figure 8: China Oils & Fats Market Dynamics, by Category, by Market Value ,2006–16 ..................................................................................... 17
Figure 9: China Oils & Fats Market Value (CNY m) by Category, 2006–16 ......................................................................................................... 18
Figure 10: China Oils & Fats Market Value (CNY m) by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016............................................. 20
Figure 11: China Oils Market Growth Dynamics by Volume (Kg m) ,2006–16 ..................................................................................................... 21
Figure 12: Oils Market Growth Dynamics by Value (CNY m), 2006–16 ............................................................................................................... 22
Figure 13: China Oils Market Volume (Kg m) and Growth (Y-o-Y), 2006–16 ....................................................................................................... 23
Figure 14: China Oils Consumption (Kg m) by Segments, 2006–16.................................................................................................................... 24
Figure 15: China Oils Market Value (CNY m) and Growth (Y-o-Y), 2006–16 ...................................................................................................... 26
Figure 16: China Oils Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16 ........................................................................................ 27
Figure 17: China Oils Market Value (CNY m) by Segments, 2006–16 ................................................................................................................ 28
Figure 18: China Cooking Sprays Market by Volume (Kg m), 2006–16 ............................................................................................................... 30
Figure 19: China Cooking Sprays Market by Value (CNY m), 2006–16 .............................................................................................................. 31
Figure 20: China Corn Oil Market by Volume (Kg m), 2006–16........................................................................................................................... 32
Figure 21: China Corn Oil Market by Value (CNY m), 2006–16 .......................................................................................................................... 33
Figure 22: China Olive Oil Market by Volume (Kg m), 2006–16 .......................................................................................................................... 34
Figure 23: China Olive Oil Market by Value (CNY m), 2006–16 .......................................................................................................................... 35
Figure 24: China Other Edible Oils Market by Volume (Kg m), 2006–16 ............................................................................................................. 36
Figure 25: China Other Edible Oils Market by Value (CNY m), 2006–16 ............................................................................................................. 37
Figure 26: China Sunflower Oil Market by Volume (Kg m), 2006–16................................................................................................................... 38
Figure 27: China Sunflower Oil Market by Value (CNY m), 2006–16 .................................................................................................................. 39
Figure 28: China Vegetable Oil Market by Volume (Kg m), 2006–16 .................................................................................................................. 40
Figure 29: China Vegetable Oil Market by Value (CNY m), 2006–16 .................................................................................................................. 41
Figure 30: China Oils Market Volume by Brands (Kg m), 2008-11 ...................................................................................................................... 42
Figure 31: China Oils Market Value by Distribution Channel (CNY m), 2008-11 ................................................................................................. 43
Figure 32: Solid Fats Market Growth Dynamics by Volume (Kg m), 2006–16 ..................................................................................................... 45
Figure 33: China Solid Fats Market Growth Dynamics by Value (CNY m), 2006–16 ........................................................................................... 46
Figure 34: China Solid Fats Market Volume (Kg m) and Growth (Y-o-Y), 2006–16 ............................................................................................. 47
Figure 35: China Solid Fats Consumption (Kg m) by Segments, 2006–16 .......................................................................................................... 48
Figure 36: China Solid Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16 ............................................................................................. 50
Figure 37: China Solid Fats Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16 .............................................................................. 51
Figure 38: China Solid Fats Market Value (CNY m) by Segments, 2006–16 ....................................................................................................... 52
Figure 39: China Ghee Market by Volume (Kg m), 2006–16 ............................................................................................................................... 54
Figure 40: China Ghee Market by Value (CNY m), 2006–16 ............................................................................................................................... 55
Figure 41: China Compound Cooking Fats (CCF) Market by Volume (Kg m), 2006–16 ...................................................................................... 56
Figure 42: China Compound Cooking Fats (CCF) Market by Value (CNY m), 2006–16 ...................................................................................... 57
Figure 43: China Lard Market by Volume (Kg m), 2006–16 ................................................................................................................................ 58
Figure 44: China Lard Market by Value (CNY m), 2006–16 ................................................................................................................................ 59
Figure 45: China Other Solid Fats Market by Volume (Kg m), 2006–16 .............................................................................................................. 60
Figure 46: China Other Solid Fats Market by Value (CNY m), 2006–16 .............................................................................................................. 61
Figure 47: China Shortening Market by Volume (Kg m), 2006–16 ...................................................................................................................... 62
Figure 48: China Shortening Market by Value (CNY m), 2006–16 ...................................................................................................................... 63
Figure 49: China Solid Fats Market Value by Distribution Channel (CNY m), 2008-11 ........................................................................................ 64
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© Canadean. This product is licensed and is not to be photocopied Published: April 2012
TABLE OF CONTENTS
LIST OF TABLES
Table 1: Volume Units for the Oils & Fats Market ................................................................................................................................................. 8
Table 2: China Oils & Fats Consumption (Kg m) and Growth (Y-o-Y), 2006–16.................................................................................................. 11
Table 3: China Per-capita Oils & Fats Consumption (Kg/head & Y-o-Y growth), 2006–16 .................................................................................. 12
Table 4: China Oils & Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future market size (2016), by Category, by
Volume (Kg m) ................................................................................................................................................................................................... 13
Table 5: China Oils & Fats Consumption (Kg m) by Category, 2006-11 .............................................................................................................. 14
Table 6: China Oils & Fats Consumption (Kg m) by Category, 2011–16 ............................................................................................................. 14
Table 7: China Oils & Fats Consumption by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016 .............................................................. 15
Table 8: China Oils & Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16 .............................................................................................. 16
Table 9: China Oils & Fats Market Value (USD m) and Growth (Y-o-Y), 2006–16 .............................................................................................. 16
Table 10: China Oils & Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future market size (2016), by category, by
Value (CNY m) ................................................................................................................................................................................................... 17
Table 11: China Oils & Fats Market Value (CNY m) by Category, 2006-11 ......................................................................................................... 18
Table 12: China Oils & Fats Market Value (CNY m) by Category, 2011–16 ........................................................................................................ 18
Table 13: China Oils & Fats Market Value (USD m) by Category, 2006-11 ......................................................................................................... 19
Table 14: China Oils & Fats Market Value (USD m) by Category, 2011–16 ........................................................................................................ 19
Table 15: China Oils & Fats Market Value (CNY m) by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016 .............................................. 20
Table 16: China Oils & Fats Market Value (USD m) by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016 .............................................. 20
Table 17: China Oils Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future market size (2016), by Volume (Kg m), by
Segments ........................................................................................................................................................................................................... 21
Table 18: China Oils Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future market size (2016), by Value (CNY m), by
Segments ........................................................................................................................................................................................................... 22
Table 19: China Oils Market Volume (Kg m) and Growth (Y-o-Y), 2006–16 ........................................................................................................ 23
Table 20: China Oils Consumption (Kg m) by Segments, 2006-11...................................................................................................................... 25
Table 21: China Oils Consumption (Kg m) by Segments, 2011–16 ..................................................................................................................... 25
Table 22: China Oils Market Value (CNY m) and Growth (Y-o-Y), 2006–16 ........................................................................................................ 26
Table 23: China Oils Market Value (USD m) and Growth (Y-o-Y), 2006–16 ........................................................................................................ 26
Table 24: China Oils Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16 ......................................................................................... 27
Table 25: China Oils Market Value (CNY m) by Segments, 2006-11 .................................................................................................................. 28
Table 26: China Oils Market Value (CNY m) by Segments, 2011–16.................................................................................................................. 29
Table 27: China Oils Market Value (USD m) by Segments, 2006-11 .................................................................................................................. 29
Table 28: China Oils Market Value (USD m) by Segments, 2011–16.................................................................................................................. 29
Table 29: China Cooking Sprays Market by Volume (Kg m), 2006–16 ................................................................................................................ 30
Table 30: China Cooking Sprays Market by Value (CNY m), 2006–16 ................................................................................................................ 31
Table 31: China Cooking Sprays Market by Value (USD m), 2006–16 ................................................................................................................ 31
Table 32: China Corn Oil Market by Volume (Kg m), 2006–16 ............................................................................................................................ 32
Table 33: China Corn Oil Market by Value (CNY m), 2006–16............................................................................................................................ 33
Table 34: China Corn Oil Market by Value (USD m), 2006–16............................................................................................................................ 33
Table 35: China Olive Oil Market by Volume (Kg m), 2006–16 ........................................................................................................................... 34
Table 36: China Olive Oil Market by Value (CNY m), 2006–16 ........................................................................................................................... 35
Table 37: China Olive Oil Market by Value (USD m), 2006–16 ........................................................................................................................... 35
Table 38: China Other Edible Oils Market by Volume (Kg m), 2006–16 .............................................................................................................. 36
Table 39: China Other Edible Oils Market by Value (CNY m), 2006–16 .............................................................................................................. 37
Table 40: China Other Edible Oils Market by Value (USD m), 2006–16 .............................................................................................................. 37
Table 41: China Sunflower Oil Market by Volume (Kg m), 2006–16 .................................................................................................................... 38
Table 42: China Sunflower Oil Market by Value (CNY m), 2006–16.................................................................................................................... 39
Table 43: China Sunflower Oil Market by Value (USD m), 2006–16.................................................................................................................... 39
Table 44: China Vegetable Oil Market by Volume (Kg m), 2006–16.................................................................................................................... 40
Table 45: China Vegetable Oil Market by Value (CNY m), 2006–16 ................................................................................................................... 41
Table 46: China Vegetable Oil Market by Value (USD m), 2006–16 ................................................................................................................... 41
Table 47: China Oils Market Volume by Brands (Kg m), 2008-11 ....................................................................................................................... 42
Table 48: China Oils Market Value by Distribution Channel (CNY m), 2008-11................................................................................................... 44
Table 49: China Oils Market Value by Distribution Channel (USD m), 2008-11................................................................................................... 44
Table 50: China Solid Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future market size (2016), by Volume (Kg
m), by Segments ................................................................................................................................................................................................ 45
Table 51: China Solid Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future market size (2016), by Value (CNY
m), by Segments ................................................................................................................................................................................................ 46
Table 52: China Solid Fats Market Volume (Kg m) and Growth (Y-o-Y), 2006–16 .............................................................................................. 47
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TABLE OF CONTENTS
Table 53: China Solid Fats Consumption (Kg m) by Segments, 2006-11 ............................................................................................................ 48
Table 54: China Solid Fats Consumption (Kg m) by Segments, 2011–16 ........................................................................................................... 49
Table 55: China Solid Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16 .............................................................................................. 50
Table 56: China Solid Fats Market Value (USD m) and Growth (Y-o-Y), 2006–16 .............................................................................................. 50
Table 57: China Solid Fats Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16 ............................................................................... 51
Table 58: China Solid Fats Market Value (CNY m) by Segments, 2006-11 ......................................................................................................... 52
Table 59: China Solid Fats Market Value (CNY m) by Segments, 2011–16 ........................................................................................................ 53
Table 60: China Solid Fats Market Value (USD m) by Segments, 2006-11 ......................................................................................................... 53
Table 61: China Solid Fats Market Value (USD m) by Segments, 2011–16 ........................................................................................................ 53
Table 62: China Ghee Market by Volume (Kg m), 2006–16 ................................................................................................................................ 54
Table 63: China Ghee Market by Value (CNY m), 2006–16 ................................................................................................................................ 55
Table 64: China Ghee Market by Value (USD m), 2006–16 ................................................................................................................................ 55
Table 65: China Compound Cooking Fats (CCF) Market by Volume (Kg m), 2006–16 ....................................................................................... 56
Table 66: China Compound Cooking Fats (CCF) Market by Value (CNY m), 2006–16 ....................................................................................... 57
Table 67: China Compound Cooking Fats (CCF) Market by Value (USD m), 2006–16 ....................................................................................... 57
Table 68: China Lard Market by Volume (Kg m), 2006–16.................................................................................................................................. 58
Table 69: China Lard Market by Value (CNY m), 2006–16 ................................................................................................................................. 59
Table 70: China Lard Market by Value (USD m), 2006–16 ................................................................................................................................. 59
Table 71: China Other Solid Fats Market by Volume (Kg m), 2006–16 ............................................................................................................... 60
Table 72: China Other Solid Fats Market by Value (CNY m), 2006–16 ............................................................................................................... 61
Table 73: China Other Solid Fats Market by Value (USD m), 2006–16 ............................................................................................................... 61
Table 74: China Shortening Market by Volume (Kg m), 2006–16........................................................................................................................ 62
Table 75: China Shortening Market by Value (CNY m), 2006–16 ....................................................................................................................... 63
Table 76: China Shortening Market by Value (USD m), 2006–16 ....................................................................................................................... 63
Table 77: China Solid Fats Market Value by Distribution Channel (CNY m), 2008-11 ......................................................................................... 65
Table 78: China Solid Fats Market Value by Distribution Channel (USD m), 2008-11 ......................................................................................... 65
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INTRODUCTION
1 Introduction
1.1 What is this Report About?
This report is the result of Canadean’s extensive market research covering the Oils & Fats consumption in
China. It provides detailed segmentation of historic and future Oils & Fats consumption, covering key
categories and segments. It also includes an analysis of the macro business environment and drivers of the
market in China.
As such the report is an essential tool for companies active across the Oils & Fats industry and for new
players considering entry into China’s Oils & Fats market.
1.2 Definitions
All the data is collected in volume terms. Oils & Fats consumption refers to domestic consumption only and
includes imports. Please note that rounding errors may occur.
1.2.1 This report provides 2011 actual sales; while forecasts are provided for 2012 – 2016.
1.2.2 Volume Units and Aggregations
Where volume measurements are given the units of measurement presented in the table below are used. It
should be noted that as volume units are sometimes mixed it is not always possible to provide an
aggregation of volume units across product categories. In food categories this problem has been resolved by
assuming that products sized in liters (e.g. liquid milk) have weights such that 1 liter = 1 kilogram.
For this report the Oils & Fats market is segmented as follows:
Table 1: Volume Units for the Oils & Fats Market
Market Units
Oils & Fats Oils Kg
Solid Fats Kg
Source: Canadean © Canadean
1.2.3 Introduction
In order to create the data for all the reports in this series and ensure its robustness a comprehensive and
empirically robust research methodology and approach has been taken. This combines both a large-scale
program of industry research with the results of extensive primary industry interviewing and calling.
Furthermore, all definitions are standardized across products and countries to ensure comparability.
The two main research streams, the program of online consumer surveys and industry research, are brought
together and because both sets of research processes have been designed in conjunction with each other
they can be combined and consolidated into the final, integrated data sets.
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INTRODUCTION
NB: for this particular series of Industry Forecast reports a particular emphasis has been placed on using
the consumer surveys and its analysis to create category level data, with the industry research stream not
only being used to cross-check these numbers, but also to develop more detailed value and volume data (at
the segment level). Three interviews with industry experts were conducted in local languages for each
category and country covered with the research program. In total over 4,000 category level responses were
achieved across the 10 countries covered in this research program. The detailed results of the consumer
survey are available in our Consumer Panel report series.
1.2.4 Large scale, international, program of online consumer surveys
A major international consumer survey across ten countries was conducted and, in total, over 120,000
survey responses were obtained (over 12,000 in each country covered). These surveys were all conducted
online using strict quality criteria ensuring that only high quality results were achieved and that non-suitable
candidates, such as those putting in random repeat patterns or those who “sped” through the survey, were
excluded.
1.2.5 Nationally Representative results (age, gender)
As part of the survey method stringent quotas for responses by category were set which ensured that the
responses gained were in line with the age and gender profile of each country covered. Further statistical
analysis of the results ensured that all results were then in exactly the same proportion with the age profile
and gender profile of each country covered.
1.2.6 Parents answered on their children’s behalf
In order to obtain results for minors, strict quotas (covering both the age groups for minors covered in the
report) were set by country to obtain responses from parents (who will often account for bulk of CPG
purchases for products which children eventually consume) about their eldest child’s consumption. These
quotas again ensured results by age group are nationally representative. No minors were surveyed as part of
this project and no parents were asked about any alcohol consumption by their children (see note below on
legal drinking age matters).
1.2.7 Legal Drinking Age exclusions for alcoholic drinks categories
For reports covering alcoholic drinks, this research and the findings presented relate solely to the
consumption of alcohol by those of legal drinking age in each country covered. To ensure this, any
respondent who was not of legal drinking age was automatically omitted by use of specific screening
questions in the survey itself. Furthermore, cross checks made against ages provided and any indication that
a respondent was not of legal drinking age led to their responses being omitted. Parents were never asked
to answer on their children’s behalf for alcoholic drinks categories. It should also be noted that the online
panels used to create the data do not include minors.
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INTRODUCTION
1.2.8 Integrated with industry calling and secondary research
All of the outputs and analysis of the results below are also combined with industry research, which includes
a major program of interviewing leading industry executives for each category covered in each country, as
well as extensive secondary research (covering sources such as trade bodies, investment community
research and company research). For the 10 countries covered by the consumer survey over 4,000
interviews were conducted – all with local country experts (typically brand, product and marketing managers
for major brands with each country). These results provide a detailed check and cross-reference for the
analysis of the consumer survey results. Both of these research streams used common frameworks and
were specifically designed to allow consolidation of the final results through top-down and bottom-up data
analysis and checks into a data set which fully integrates consumer behavior, associated spending and
volume consumption with total market values and volumes.
Figure 1: Consumer Panel Report Methodology
Over 120,000 consumer survey responses Over 4,000 industry executive interviews
Nat. Rep by age and gender (f)or consumer survey countries, more
conducted elsewhere)
Consumer Survey Stream Industry Research Stream
Consumer Trends
1. Frameworks A. In-house Databases
Unique Survey Design
Updated with Detailed
2. Online Consumer Survey B. Secondary Research
Top-Down Draft Data
Cross-Checks
SQL Based Data
3. Processing & Modelling
DATA C. Telephone Interviews
FINALIZATION with Leading Executives
Engine
Bottom-Up
Data Creation
Update of input factors if required
Publication Processes
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 10
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2 China Oils & Fats Market Overview
2.1 China Oils & Fats Market Analysis by Volume
2.1.1 Overall Oils & Fats Consumption, 2006–16
Figure 2: China Oils & Fats Consumption (Kg m) and Growth (Y-o-Y), 2006–16
10,000.0 7.0%
Oils & Fats Consumption (kg m)
9,000.0
6.0%
8,000.0
7,000.0 5.0%
Growth % (Y-O-Y)
6,000.0
4.0%
5,000.0
3.0%
4,000.0
3,000.0 2.0%
2,000.0
1.0%
1,000.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Consumption Y-o-Y Growth %
Source: Canadean © Canadean
Table 2: China Oils & Fats Consumption (Kg m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 5,273.0 5,570.7 5,882.8 6,166.0 6,474.7 6,778.1 7,128.3 7,514.4 7,944.8 8,422.2 8,977.6
Y-o-Y
growth 5.6% 5.6% 4.8% 5.0% 4.7% 5.2% 5.4% 5.7% 6.0% 6.6%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 11
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.1.2 Per-capita Oils & Fats consumption, 2006–16
Figure 3: China Per-capita Oils & Fats Consumption (Kg/head & Y-o-Y growth), 2006–16
7.0 7.0%
Oils & Fats Per-capita Consumption (Kg)
6.0 6.0%
5.0 5.0%
Growth % (Y-O-Y)
4.0 4.0%
3.0 3.0%
2.0 2.0%
1.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Per-Capita Consumption Y-o-Y Growth %
Source: Canadean © Canadean
Table 3: China Per-capita Oils & Fats Consumption (Kg/head & Y-o-Y growth), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Per-
capita 4.0 4.2 4.4 4.6 4.8 5.0 5.3 5.5 5.8 6.1 6.5
Y-o-Y
growth 5.1% 5.1% 4.3% 4.5% 4.2% 4.6% 4.9% 5.2% 5.5% 6.1%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 12
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.1.3 Oils & Fats Market Growth Dynamics, by Volume
Figure 4: China Oils & Fats Market Dynamics, by Category, by Volume 2006–16
6.2%
6.0%
5.8%
CAGR 2006-11
5.6%
5.4%
5.2%
5.0%
4.8%
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
CAGR 2011-16
Oils Solid Fats
`
Source: Canadean © Canadean
Table 4: China Oils & Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and
future market size (2016), by Category, by Volume (Kg m)
Category CAGR (2011-16) CAGR (2006-11) Market Size 2016
Oils 5.36% 5.01% 7478.49
Solid Fats 8.06% 5.96% 1499.08
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 13
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.1.4 Oils & Fats Consumption by Category, 2006–16
Figure 5: China Oils & Fats Consumption (Kg m) by Category, 2006–16
Source: Canadean © Canadean
Table 5: China Oils & Fats Consumption (Kg m) by Category, 2006-11
CAGR
Category 2006 2007 2008 2009 2010 2011 2006-11
Oils 4,511.4 4,760.1 5,020.5 5,256.3 5,511.9 5,760.6 5.0%
Solid Fats 761.6 810.6 862.3 909.7 962.8 1,017.5 6.0%
Overall 5,273.0 5,570.7 5,882.8 6,166.0 6,474.7 6,778.1 5.2%
Source: Canadean © Canadean
Table 6: China Oils & Fats Consumption (Kg m) by Category, 2011–16
CAGR
Category 2011 2012 2013 2014 2015 2016 2011–16
Oils 5,760.6 6,043.0 6,351.9 6,693.8 7,059.9 7,478.5 5.4%
Solid Fats 1,017.5 1,085.3 1,162.5 1,251.1 1,362.3 1,499.1 8.1%
Overall 6,778.1 7,128.3 7,514.4 7,944.8 8,422.2 8,977.6 5.8%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 14
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.1.5 Oils & Fats Consumption – Trends and Forecasts
Figure 6: China Oils & Fats Consumption by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016
16.7%
15.0%
14.4%
Oils
Solid Fats
85.6%
85.0%
83.3%
Source: Canadean © Canadean
Table 7: China Oils & Fats Consumption by Category – Trends & Forecasts, 2006 Vs. 2011 Vs. 2016
Category Market Size 2006 Market Size 2011 Market Size 2016
Oils 4,511.4 5,760.6 7,478.5
Solid Fats 761.6 1,017.5 1,499.1
Overall 5,273.0 6,778.1 8,977.6
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 15
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.2 Oils & Fats Market Analysis by Value
2.2.1 Overall Oils & Fats Market Value, 2006–16
Figure 7: China Oils & Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16
160,000.0 7.0%
Oils & Fats Market Value (CNY m)
140,000.0 6.0%
120,000.0
5.0%
Growth % (Y-O-Y)
100,000.0
4.0%
80,000.0
3.0%
60,000.0
2.0%
40,000.0
20,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-O-Y growth %
Source: Canadean © Canadean
Table 8: China Oils & Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 90,344. 94,614. 99,195. 103,241 107,857 112,425 117,638 123,455 130,102 137,539 146,672
Value 6 2 5 .2 .0 .2 .4 .6 .6 .9 .8
Y-o-Y
growth 4.7% 4.8% 4.1% 4.5% 4.2% 4.6% 4.9% 5.4% 5.7% 6.6%
Source: Canadean © Canadean
Table 9: China Oils & Fats Market Value (USD m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 11,344. 12,457. 14,299. 15,136. 15,956. 17,421. 18,229. 19,130. 20,160. 21,313. 22,728.
Value 6 9 0 2 4 4 2 7 7 2 4
Y-o-Y
growth 9.8% 14.8% 5.9% 5.4% 9.2% 4.6% 4.9% 5.4% 5.7% 6.6%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 16
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.2.2 Oils & Fats Market Growth Dynamics, by Value
Figure 8: China Oils & Fats Market Dynamics, by Category, by Market Value ,2006–16
4.56%
4.54%
4.52%
CAGR 2006-11
4.50%
4.48%
4.46%
4.44%
5.2% 5.3% 5.4% 5.5% 5.6% 5.7% 5.8% 5.9% 6.0% 6.1% 6.2%
CAGR 2011-16
Oils Solid Fats
Source: Canadean © Canadean
Table 10: China Oils & Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and
future market size (2016), by category, by Value (CNY m)
Category CAGR (2011-16) CAGR (2006-11) Market Size 2016
Oils 5.37% 4.46% 127505.20
Solid Fats 6.08% 4.54% 19167.57
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 17
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.2.3 Oils & Fats Market Value by Category, 2006–16
Figure 9: China Oils & Fats Market Value (CNY m) by Category, 2006–16
160000.0
Oils & Fats Market Value by Category
140000.0
120000.0
100000.0
(CNY m)
80000.0
60000.0
40000.0
20000.0
0.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Oils Solid Fats
Source: Canadean © Canadean
Table 11: China Oils & Fats Market Value (CNY m) by Category, 2006-11
CAGR
Category 2006 2007 2008 2009 2010 2011 2006–11
Oils 78,913.1 82,616.8 86,605.8 90,134.9 94,156.9 98,154.6 4.46%
Solid Fats 11,431.6 11,997.4 12,589.6 13,106.3 13,700.1 14,270.6 4.54%
Overall 90,344.6 94,614.2 99,195.5 103,241.2 107,857.0 112,425.2 4.47%
Source: Canadean © Canadean
Table 12: China Oils & Fats Market Value (CNY m) by Category, 2011–16
CAGR
Category 2011 2012 2013 2014 2015 2016 2011–16
Oils 98,154.6 102,679.0 107,735.9 113,459.9 119,774.2 127,505.2 5.37%
Solid Fats 14,270.6 14,959.4 15,719.8 16,642.7 17,765.8 19,167.6 6.08%
Overall 112,425.2 117,638.4 123,455.6 130,102.6 137,539.9 146,672.8 5.46%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 18
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
Table 13: China Oils & Fats Market Value (USD m) by Category, 2006-11
CAGR
Category 2006 2007 2008 2009 2010 2011 2006–11
Oils 9909.1 10878.2 12484.2 13214.7 13929.6 15210.0 8.95%
Solid Fats 1435.5 1579.7 1814.8 1921.5 2026.8 2211.4 9.03%
Overall 11,344.57 12,457.86 14,299.02 15,136.19 15,956.36 17,421.42 8.96%
Source: Canadean © Canadean
Table 14: China Oils & Fats Market Value (USD m) by Category, 2011–16
CAGR
Category 2011 2012 2013 2014 2015 2016 2011–16
Oils 15210.0 15911.1 16694.7 17581.7 18560.2 19758.2 5.37%
Solid Fats 2211.4 2318.1 2435.9 2579.0 2753.0 2970.2 6.08%
Overall 17,421.42 18,229.24 19,130.68 20,160.70 21,313.19 22,728.41 5.46%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 19
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS & FATS MARKET OVERVIEW
2.2.4 Oils & Fats Market Value - Trends and Forecasts, 2006 Vs. 2011 Vs. 2016
Figure 10: China Oils & Fats Market Value (CNY m) by Category – Trends & Forecasts, 2006 Vs. 2011 Vs.
2016
13.1%
12.7%
12.7%
Oils
Solid Fats
87.3%
87.3%
86.9%
Source: Canadean © Canadean
Table 15: China Oils & Fats Market Value (CNY m) by Category – Trends & Forecasts, 2006 Vs. 2011 Vs.
2016
Category Market Value 2006 Market Value 2011 Market Value 2016
Oils 78,913.1 98,154.6 127,505.2
Solid Fats 11,431.6 14,270.6 19,167.6
Overall 90,344.6 112,425.2 146,672.8
Source: Canadean © Canadean
Table 16: China Oils & Fats Market Value (USD m) by Category – Trends & Forecasts, 2006 Vs. 2011 Vs.
2016
Category Market Value 2006 Market Value 2011 Market Value 2016
Oils 9909.1 15210.0 19758.2
Solid Fats 1435.5 2211.4 2970.2
Overall 11344.6 17421.4 22728.4
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 20
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3 China Oils Market Analysis
3.1 Market Growth Dynamics-Oils, 2006–16
3.1.1 Oils Market Growth Dynamics by Volume, 2006–16
Figure 11: China Oils Market Growth Dynamics by Volume (Kg m) ,2006–16
7.0%
6.0%
5.0%
CAGR 2006-11
4.0%
3.0%
2.0%
1.0%
0.0%
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0%
CAGR 2011-16
Sunf lower Oil Cooking Sprays Olive Oil Corn Oil Vegetable Oil Other Edible Oils
Source: Canadean © Canadean
Table 17: China Oils Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future
market size (2016), by Volume (Kg m), by Segments
Segment CAGR (2011-16) CAGR (2006-11) Market Size 2016
Cooking Sprays 5.33% 5.33% 2118.30
Corn Oil 5.33% 4.00% 727.39
Olive Oil 5.33% 5.33% 1304.67
Other Edible Oils 4.67% 4.00% 66.30
Sunflower Oil 5.33% 5.00% 2908.35
Vegetable Oil 6.00% 4.33% 353.48
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 21
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.1.2 Oils Market Growth Dynamics by Value, 2006–16,
Figure 12: Oils Market Growth Dynamics by Value (CNY m), 2006–16
7.0%
6.0%
5.0%
CAGR 2006-11
4.0%
3.0%
2.0%
1.0%
0.0%
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0%
CAGR 2011-16
Sunf lower Oil Cooking Sprays Olive Oil Corn Oil Vegetable Oil Other Edible Oils
Source: Canadean © Canadean
Table 18: China Oils Market Dynamics: past and future growth rates (2006–11 & 2011–16) and future
market size (2016), by Value (CNY m), by Segments
Segment CAGR (2011-16) CAGR (2006-11) Market Size 2016
Cooking Sprays 5.67% 4.67% 39045.9
Corn Oil 6.00% 4.67% 15979.2
Olive Oil 5.67% 5.33% 25000.6
Other Edible Oils 5.67% 6.00% 1646.0
Sunflower Oil 4.67% 3.67% 40138.6
Vegetable Oil 5.33% 4.33% 5694.9
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 22
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.2 Oils Consumption Analysis, 2006–16
3.2.1 Oils Market by Volume, 2006–16
Figure 13: China Oils Market Volume (Kg m) and Growth (Y-o-Y), 2006–16
8,000.0 7.0%
Oils Consumption by Volume (Kg m)
7,000.0 6.0%
6,000.0
5.0%
Growth % (Y-O-Y)
5,000.0
4.0%
4,000.0
3.0%
3,000.0
2.0%
2,000.0
1,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Volume Y-O-Y growth
Source: Canadean © Canadean
Table 19: China Oils Market Volume (Kg m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 4,511.4 4,760.1 5,020.5 5,256.3 5,511.9 5,760.6 6,043.0 6,351.9 6,693.8 7,059.9 7,478.5
Y-o-Y
growth 5.51% 5.47% 4.70% 4.86% 4.51% 4.90% 5.11% 5.38% 5.47% 5.93%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 23
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.2.2 Oils Consumption by Segments, 2006–16
Figure 14: China Oils Consumption (Kg m) by Segments, 2006–16
Oils Consumption by Segments (Kg m)
8000.0
7000.0
6000.0
5000.0
4000.0
3000.0
2000.0
1000.0
0.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Cooking Sprays Corn Oil Olive Oil Other Edible Oils Sunf lower Oil Vegetable Oil
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 24
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
Table 20: China Oils Consumption (Kg m) by Segments, 2006-11
CAGR
Segment 2006 2007 2008 2009 2010 2011 2006–11
Cooking Sprays 1,259.9 1,336.0 1,413.6 1,483.9 1,560.2 1,633.6 5.3%
Corn Oil 461.1 481.5 503.0 520.4 540.9 561.0 4.0%
Olive Oil 776.0 821.2 869.0 913.2 960.2 1,006.2 5.3%
Other Edible Oils 43.4 45.2 47.2 49.0 50.9 52.8 4.0%
Sunflower Oil 1,757.4 1,852.7 1,953.7 2,046.7 2,145.9 2,242.9 5.0%
Vegetable Oil 213.7 223.5 234.1 243.2 253.8 264.1 4.3%
Overall 4,511.4 4,760.1 5,020.5 5,256.3 5,511.9 5,760.6 5.0%
Source: Canadean © Canadean
Table 21: China Oils Consumption (Kg m) by Segments, 2011–16
CAGR
Segment 2011 2012 2013 2014 2015 2016 2011–16
Cooking Sprays 1,633.6 1,715.1 1,806.7 1,901.7 2,004.6 2,118.3 5.3%
Corn Oil 561.0 584.9 610.8 640.9 678.3 727.4 5.3%
Olive Oil 1,006.2 1,056.4 1,112.7 1,173.6 1,235.8 1,304.7 5.3%
Other Edible Oils 52.8 55.0 57.5 60.1 62.9 66.3 4.7%
Sunflower Oil 2,242.9 2,354.8 2,473.1 2,608.8 2,750.1 2,908.3 5.3%
Vegetable Oil 264.1 276.7 291.1 308.7 328.2 353.5 6.0%
Overall 5,760.6 6,043.0 6,351.9 6,693.8 7,059.9 7,478.5 5.4%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 25
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.3 Oils Market Value Analysis, 2006–16
3.3.1 Oils Market by Value, 2006–16
Figure 15: China Oils Market Value (CNY m) and Growth (Y-o-Y), 2006–16
140,000.0 7.0%
Oils Market by Value (CNY m)
120,000.0 6.0%
100,000.0 5.0%
Growth % (Y-O-Y)
80,000.0 4.0%
60,000.0 3.0%
40,000.0 2.0%
20,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Value Y-O-Y growth
Source: Canadean © Canadean
Table 22: China Oils Market Value (CNY m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall 78,913. 82,616. 86,605. 90,134. 94,156. 98,154. 102,679 107,735 113,459 119,774 127,505
Value 1 8 8 9 9 6 .0 .9 .9 .2 .2
Y-o-Y
growth 4.7% 4.8% 4.1% 4.5% 4.2% 4.6% 4.9% 5.3% 5.6% 6.5%
Source: Canadean © Canadean
Table 23: China Oils Market Value (USD m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall 10,878. 12,484. 13,214. 13,929. 15,210. 15,911. 16,694. 17,581. 18,560. 19,758.
Value 9,909.1 2 2 7 6 0 1 7 7 2 2
Y-o-Y
growth 9.8% 14.8% 5.9% 5.4% 9.2% 4.6% 4.9% 5.3% 5.6% 6.5%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 26
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.3.2 Average Consumer Price/ Kg - Oils, 2006–16
Figure 16: China Oils Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16
Source: Canadean © Canadean
Table 24: China Oils Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Avg.
price 17.49 17.36 17.25 17.15 17.08 17.04 16.99 16.96 16.95 16.97 17.05
Y-o-Y
growth -0.78% -0.61% -0.59% -0.38% -0.26% -0.28% -0.18% -0.07% 0.09% 0.50%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 27
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.3.3 Oils Market Value by Segments, 2006–16
Figure 17: China Oils Market Value (CNY m) by Segments, 2006–16
140000.0
Oils Market Value by Segments
120000.0
100000.0
(CNY m)
80000.0
60000.0
40000.0
20000.0
0.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Cooking Sprays Corn Oil #REF! Olive Oil Other Edible Oils Sunf lower Oil Vegetable Oil
Source: Canadean © Canadean
Table 25: China Oils Market Value (CNY m) by Segments, 2006-11
CAGR
Segment 2006 2007 2008 2009 2010 2011 2006–11
Cooking Sprays 23,596.3 24,730.9 25,965.7 27,066.3 28,360.2 29,640.5 4.7%
Corn Oil 9,505.7 9,962.8 10,460.2 10,892.7 11,413.9 11,940.6 4.7%
Olive Oil 14,636.3 15,489.3 16,390.5 17,207.3 18,093.8 18,978.5 5.3%
Other Edible Oils 933.7 995.9 1,061.1 1,120.9 1,185.3 1,249.5 6.0%
Sunflower Oil 26,688.5 27,713.8 28,824.5 29,788.2 30,872.1 31,953.6 3.7%
Vegetable Oil 3,552.6 3,724.2 3,903.8 4,059.5 4,231.6 4,392.0 4.3%
Overall 78,913.1 82,616.8 86,605.8 90,134.9 94,156.9 98,154.6 4.5%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 28
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
Table 26: China Oils Market Value (CNY m) by Segments, 2011–16
CAGR
Segment 2011 2012 2013 2014 2015 2016 2011–16
Cooking Sprays 29,640.5 31,086.3 32,738.3 34,550.2 36,577.6 39,045.9 5.7%
Corn Oil 11,940.6 12,547.5 13,196.9 13,934.9 14,831.6 15,979.2 6.0%
Olive Oil 18,978.5 19,943.6 21,042.8 22,269.5 23,544.6 25,000.6 5.7%
Other Edible Oils 1,249.5 1,320.9 1,394.6 1,475.3 1,557.8 1,646.0 5.7%
Sunflower Oil 31,953.6 33,192.3 34,552.9 36,153.7 37,904.4 40,138.6 4.7%
Vegetable Oil 4,392.0 4,588.3 4,810.4 5,076.1 5,358.1 5,694.9 5.3%
Overall 98,154.6 102,679.0 107,735.9 113,459.9 119,774.2 127,505.2 5.4%
Source: Canadean © Canadean
Table 27: China Oils Market Value (USD m) by Segments, 2006-11
CAGR
Segment 2006 2007 2008 2009 2010 2011 2006–11
Cooking Sprays 2963.0 3256.3 3743.0 3968.2 4195.6 4593.1 9.2%
Corn Oil 1193.6 1311.8 1507.8 1597.0 1688.6 1850.3 9.2%
Olive Oil 1837.9 2039.5 2362.7 2522.8 2676.8 2940.9 9.9%
Other Edible Oils 117.2 131.1 153.0 164.3 175.3 193.6 10.6%
Sunflower Oil 3351.3 3649.1 4155.1 4367.2 4567.2 4951.5 8.1%
Vegetable Oil 446.1 490.4 562.7 595.2 626.0 680.6 8.8%
Overall 9909.1 10878.2 12484.2 13214.7 13929.6 15210.0 8.9%
Source: Canadean © Canadean
Table 28: China Oils Market Value (USD m) by Segments, 2011–16
CAGR
Segment 2011 2012 2013 2014 2015 2016 2011–16
Cooking Sprays 4593.1 4817.1 5073.1 5353.9 5668.1 6050.5 5.7%
Corn Oil 1850.3 1944.4 2045.0 2159.4 2298.3 2476.1 6.0%
Olive Oil 2940.9 3090.5 3260.8 3450.9 3648.5 3874.1 5.7%
Other Edible Oils 193.6 204.7 216.1 228.6 241.4 255.1 5.7%
Sunflower Oil 4951.5 5143.5 5354.3 5602.4 5873.7 6219.9 4.7%
Vegetable Oil 680.6 711.0 745.4 786.6 830.3 882.5 5.3%
Overall 15,210.04 15,911.13 16,694.75 17,581.74 18,560.21 19,758.21 5.4%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 29
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.4 Cooking Sprays Market Analysis, 2006–16
3.4.1 Cooking Sprays Market by Volume, 2006–16
Figure 18: China Cooking Sprays Market by Volume (Kg m), 2006–16
2,500.0 7.0%
Cooking Sprays Market by Volume (Kg m)
6.0%
2,000.0
5.0%
Growth % (Y-O-Y)
1,500.0
4.0%
3.0%
1,000.0
2.0%
500.0
1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 29: China Cooking Sprays Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 1,259.9 1,336.0 1,413.6 1,483.9 1,560.2 1,633.6 1,715.1 1,806.7 1,901.7 2,004.6 2,118.3
Y-o-Y
growth 6.04% 5.81% 4.97% 5.14% 4.71% 4.99% 5.34% 5.26% 5.41% 5.67%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 30
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.4.2 Cooking Sprays Market by Value, 2006–16
Figure 19: China Cooking Sprays Market by Value (CNY m), 2006–16
45,000.0 8.0%
Cooking Sprays Market by Value
40,000.0 7.0%
35,000.0
6.0%
Growth % (Y-O-Y)
30,000.0
(CNY m)
5.0%
25,000.0
4.0%
20,000.0
3.0%
15,000.0
2.0%
10,000.0
5,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 30: China Cooking Sprays Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 23,596. 24,730. 25,965. 27,066. 28,360. 29,640. 31,086. 32,738. 34,550. 36,577. 39,045.
Value 3 9 7 3 2 5 3 3 2 6 9
Y-o-Y
growth 4.81% 4.99% 4.24% 4.78% 4.51% 4.88% 5.31% 5.53% 5.87% 6.75%
Source: Canadean © Canadean
Table 31: China Cooking Sprays Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 2,963.0 3,256.3 3,743.0 3,968.2 4,195.6 4,593.1 4,817.1 5,073.1 5,353.9 5,668.1 6,050.5
Y-o-Y
growth 9.90% 14.94% 6.02% 5.73% 9.47% 4.88% 5.31% 5.53% 5.87% 6.75%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 31
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.5 Corn Oil Market Analysis, 2006–16
3.5.1 Corn Oil Market by Volume, 2006–16
Figure 20: China Corn Oil Market by Volume (Kg m), 2006–16
800.0 8.0%
Corn Oil Market by Volume (Kg m)
700.0 7.0%
600.0 6.0%
Growth % (Y-O-Y)
500.0 5.0%
400.0 4.0%
300.0 3.0%
200.0 2.0%
100.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 32: China Corn Oil Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 461.1 481.5 503.0 520.4 540.9 561.0 584.9 610.8 640.9 678.3 727.4
Y-o-Y
growth 4.4% 4.5% 3.5% 3.9% 3.7% 4.3% 4.4% 4.9% 5.8% 7.2%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 32
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.5.2 Corn Oil Market by Value, 2006–16
Figure 21: China Corn Oil Market by Value (CNY m), 2006–16
18,000.0 9.0%
Corn Oil Market by Value (CNY m)
16,000.0 8.0%
14,000.0 7.0%
Growth % (Y-O-Y)
12,000.0 6.0%
10,000.0 5.0%
8,000.0 4.0%
6,000.0 3.0%
4,000.0 2.0%
2,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 33: China Corn Oil Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 10,460. 10,892. 11,413. 11,940. 12,547. 13,196. 13,934. 14,831. 15,979.
Value 9,505.7 9,962.8 2 7 9 6 5 9 9 6 2
Y-o-Y
growth 4.81% 4.99% 4.13% 4.79% 4.61% 5.08% 5.18% 5.59% 6.43% 7.74%
Source: Canadean © Canadean
Table 34: China Corn Oil Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,193.6 1,311.8 1,507.8 1,597.0 1,688.6 1,850.3 1,944.4 2,045.0 2,159.4 2,298.3 2,476.1
Y-o-Y
growth 9.90% 14.94% 5.91% 5.74% 9.58% 5.08% 5.18% 5.59% 6.43% 7.74%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 33
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.6 Olive Oil Market Analysis, 2006–16
3.6.1 Olive Oil Market by Volume, 2006–16
Figure 22: China Olive Oil Market by Volume (Kg m), 2006–16
1,400.0 7.0%
Olive Oil Market by Volume (Kg m)
1,200.0 6.0%
1,000.0 5.0%
Growth % (Y-O-Y)
800.0 4.0%
600.0 3.0%
400.0 2.0%
200.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 35: China Olive Oil Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 776.0 821.2 869.0 913.2 960.2 1,006.2 1,056.4 1,112.7 1,173.6 1,235.8 1,304.7
Y-o-Y
growth 5.83% 5.82% 5.09% 5.15% 4.79% 4.99% 5.34% 5.47% 5.30% 5.58%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 34
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.6.2 Olive Oil Market by Value, 2006–16
Figure 23: China Olive Oil Market by Value (CNY m), 2006–16
30,000.0 7.0%
Olive Oil Market by Value (CNY m)
25,000.0 6.0%
5.0%
Growth % (Y-O-Y)
20,000.0
4.0%
15,000.0
3.0%
10,000.0
2.0%
5,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 36: China Olive Oil Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 14,636. 15,489. 16,390. 17,207. 18,093. 18,978. 19,943. 21,042. 22,269. 23,544. 25,000.
Value 3 3 5 3 8 5 6 8 5 6 6
Y-o-Y
growth 5.83% 5.82% 4.98% 5.15% 4.89% 5.09% 5.51% 5.83% 5.73% 6.18%
Source: Canadean © Canadean
Table 37: China Olive Oil Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,837.9 2,039.5 2,362.7 2,522.8 2,676.8 2,940.9 3,090.5 3,260.8 3,450.9 3,648.5 3,874.1
Y-o-Y
growth 11.0% 15.8% 6.8% 6.1% 9.9% 5.1% 5.5% 5.8% 5.7% 6.2%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 35
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.7 Other Edible Oils Market Analysis, 2006–16
3.7.1 Other Edible Oils Market by Volume, 2006–16
Figure 24: China Other Edible Oils Market by Volume (Kg m), 2006–16
70.0 6.0%
Other Edible Oils Market by Volume (Kg m)
60.0 5.0%
50.0
Growth % (Y-O-Y)
4.0%
40.0
3.0%
30.0
2.0%
20.0
10.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 38: China Other Edible Oils Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 43.4 45.2 47.2 49.0 50.9 52.8 55.0 57.5 60.1 62.9 66.3
Y-o-Y
growth 4.2% 4.4% 3.8% 3.9% 3.7% 4.3% 4.4% 4.6% 4.7% 5.3%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 36
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.7.2 Other Edible Oils Market by Value, 2006–16
Figure 25: China Other Edible Oils Market by Value (CNY m), 2006–16
1,800.0 7.0%
Other Edible Oils Market by Value (CNY m)
1,600.0
6.0%
1,400.0
5.0%
Growth % (Y-O-Y)
1,200.0
1,000.0 4.0%
800.0 3.0%
600.0
2.0%
400.0
1.0%
200.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 39: China Other Edible Oils Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 933.7 995.9 1,061.1 1,120.9 1,185.3 1,249.5 1,320.9 1,394.6 1,475.3 1,557.8 1,646.0
Y-o-Y
growth 6.66% 6.56% 5.64% 5.74% 5.42% 5.71% 5.58% 5.79% 5.59% 5.66%
Source: Canadean © Canadean
Table 40: China Other Edible Oils Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 117.2 131.1 153.0 164.3 175.3 193.6 204.7 216.1 228.6 241.4 255.1
Y-o-Y
growth 11.84% 16.65% 7.44% 6.70% 10.42% 5.71% 5.58% 5.79% 5.59% 5.66%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 37
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.8 Sunflower Oil Market Analysis, 2006–16
3.8.1 Sunflower Oil Market by Volume, 2006–16
Figure 26: China Sunflower Oil Market by Volume (Kg m), 2006–16
3,500.0 7.0%
Sunflower Oil Market by Volume (Kg m)
3,000.0 6.0%
2,500.0 5.0%
Growth % (Y-O-Y)
2,000.0 4.0%
1,500.0 3.0%
1,000.0 2.0%
500.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 41: China Sunflower Oil Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 1,757.4 1,852.7 1,953.7 2,046.7 2,145.9 2,242.9 2,354.8 2,473.1 2,608.8 2,750.1 2,908.3
Y-o-Y
growth 5.42% 5.45% 4.76% 4.85% 4.52% 4.99% 5.02% 5.49% 5.42% 5.75%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 38
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.8.2 Sunflower Oil Market by Value, 2006–16
Figure 27: China Sunflower Oil Market by Value (CNY m), 2006–16
45,000.0 7.0%
Sunflower Oil Market by Value (CNY m)
40,000.0
6.0%
35,000.0
5.0%
Growth % (Y-O-Y)
30,000.0
25,000.0 4.0%
20,000.0 3.0%
15,000.0
2.0%
10,000.0
1.0%
5,000.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Volume Y-O-Y growth
Source: Canadean © Canadean
Table 42: China Sunflower Oil Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 26,688. 27,713. 28,824. 29,788. 30,872. 31,953. 33,192. 34,552. 36,153. 37,904. 40,138.
Value 5 8 5 2 1 6 3 9 7 4 6
Y-o-Y
growth 3.84% 4.01% 3.34% 3.64% 3.50% 3.88% 4.10% 4.63% 4.84% 5.89%
Source: Canadean © Canadean
Table 43: China Sunflower Oil Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 3,351.3 3,649.1 4,155.1 4,367.2 4,567.2 4,951.5 5,143.5 5,354.3 5,602.4 5,873.7 6,219.9
Y-o-Y
growth 8.9% 13.87% 5.11% 4.58% 8.41% 3.88% 4.10% 4.63% 4.84% 5.89%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 39
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.9 Vegetable Oil Market Analysis, 2006–16
3.9.1 Vegetable Oil Market by Volume, 2006–16
Figure 28: China Vegetable Oil Market by Volume (Kg m), 2006–16
400.0 9.0%
Vegetable Oil Market by Volume (Kg m)
350.0 8.0%
7.0%
300.0
Growth % (Y-O-Y)
6.0%
250.0
5.0%
200.0
4.0%
150.0
3.0%
100.0
2.0%
50.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 44: China Vegetable Oil Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 213.7 223.5 234.1 243.2 253.8 264.1 276.7 291.1 308.7 328.2 353.5
Y-o-Y
growth 4.6% 4.7% 3.9% 4.4% 4.1% 4.8% 5.2% 6.0% 6.3% 7.7%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 40
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.9.2 Vegetable Oil Market by Value, 2006–16
Figure 29: China Vegetable Oil Market by Value (CNY m), 2006–16
6,000.0 7.0%
Vegetable Oil Market by Value (CNY m)
5,000.0 6.0%
5.0%
Growth % (Y-O-Y)
4,000.0
4.0%
3,000.0
3.0%
2,000.0
2.0%
1,000.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Volume Y-O-Y growth
Source: Canadean © Canadean
Table 45: China Vegetable Oil Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 3,552.6 3,724.2 3,903.8 4,059.5 4,231.6 4,392.0 4,588.3 4,810.4 5,076.1 5,358.1 5,694.9
Y-o-Y
growth 4.8% 4.8% 4.0% 4.2% 3.8% 4.5% 4.8% 5.5% 5.6% 6.3%
Source: Canadean © Canadean
Table 46: China Vegetable Oil Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 446.1 490.4 562.7 595.2 626.0 680.6 711.0 745.4 786.6 830.3 882.5
Y-o-Y
growth 9.9% 14.8% 5.8% 5.2% 8.7% 4.5% 4.8% 5.5% 5.6% 6.3%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 41
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.10 Oils Market Volume Analysis by Brands, 2008-11
Figure 30: China Oils Market Volume by Brands (Kg m), 2008-11
3500.0
Oils Market Volume by Brands (Kg m)
3000.0
2500.0
2000.0
1500.0
1000.0
500.0
0.0
2008 2009 2010 2011
Jin Long Yu Luhua Camel Haishi
Arawana Fortune YuanBao
Source: Canadean © Canadean
Table 47: China Oils Market Volume by Brands (Kg m), 2008-11
CAGR
Brand Name 2008 2009 2010 2011 2008-11
Jin Long Yu 1,044.9 1,091.8 1,142.6 1,191.8 4.48%
Luhua 752.2 789.1 829.1 868.2 4.90%
Camel 271.4 284.0 297.7 311.0 4.65%
Haishi 228.6 238.6 249.5 260.0 4.38%
Arawana 225.8 236.4 248.0 259.3 4.72%
Fortune 190.1 198.9 208.3 217.5 4.59%
YuanBao 87.0 91.4 96.1 100.8 5.03%
Others 2,220.5 2,326.1 2,440.6 2,552.1 4.75%
Overall 5,020.5 5,256.3 5,511.9 5,760.6 4.69%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 42
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
3.11 Oils Market Value by Distribution Channel, 2008-11
Figure 31: China Oils Market Value by Distribution Channel (CNY m), 2008-11
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 43
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA OILS MARKET ANALYSIS
Table 48: China Oils Market Value by Distribution Channel (CNY m), 2008-11
CAGR
Distribution Channel 2008 2009 2010 2011 2008-11
Cash & Carries & Warehouse Clubs 0.0 0.0 0.0 0.0 0.00%
“Dollar Stores”, Variety Stores &
Merchandise Stores 477.3 504.1 534.3 565.0 5.78%
Hypermarkets & Supermarkets 37,137.6 38,869.8 40,699.7 42,536.3 4.63%
Convenience Stores 45,430.4 47,623.1 50,070.7 52,324.8 4.82%
Food & drinks specialists 2,098.6 2,200.5 2,315.8 2,431.1 5.03%
Department Stores 0.0 0.0 0.0 0.0 0.00%
Vending machines 0.0 0.0 0.0 0.0 0.00%
Drug stores & Pharmacies 0.0 0.0 0.0 0.0 0.00%
eRetailers 0.0 0.0 0.0 0.0 0.00%
Others 1,461.9 937.4 536.4 297.4 -41.19%
Overall 86605.81 90134.86 94156.88 98154.60 4.26%
Source: Canadean © Canadean
Table 49: China Oils Market Value by Distribution Channel (USD m), 2008-11
CAGR
Distribution Channel 2008 2009 2010 2011 2008-11
Cash & Carries & Warehouse Clubs 0.0 0.0 0.0 0.0 0.00%
“Dollar Stores”, Variety Stores &
Merchandise Stores 68.8 73.9 79.0 87.6 8.36%
Hypermarkets & Supermarkets 5,353.4 5,698.7 6,021.1 6,591.4 7.18%
Convenience Stores 6,548.8 6,982.0 7,407.5 8,108.3 7.38%
Food & drinks specialists 302.5 322.6 342.6 376.7 7.59%
Department Stores 0.0 0.0 0.0 0.0 0.00%
Vending machines 0.0 0.0 0.0 0.0 0.00%
Drug stores & Pharmacies 0.0 0.0 0.0 0.0 0.00%
eRetailers 0.0 0.0 0.0 0.0 0.00%
Others 210.7 137.4 79.4 46.1 -39.75%
Overall 12484.23 13214.67 13929.57 15210.04 6.80%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 44
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4 China Solid Fats Market Analysis
4.1 Market Growth Dynamics- Solid Fats, 2006–16
4.1.1 Solid Fats Market Growth Dynamics by Volume, 2006–16
Figure 32: Solid Fats Market Growth Dynamics by Volume (Kg m), 2006–16
12.0%
10.0%
CAGR 2006-11
8.0%
6.0%
4.0%
2.0%
0.0%
0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0%
CAGR 2011-16
Ghee Lard Compound Cooking Fats (CCF) Shortening Other Solid Fats
Source: Canadean © Canadean
Table 50: China Solid Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and
future market size (2016), by Volume (Kg m), by Segments
Segment CAGR (2011-16) CAGR (2006-11) Market Size 2016
Ghee 3.00% 2.67% 458.26
Compound Cooking Fats (CCF) 9.67% 9.33% 313.99
Lard 12.00% 8.00% 329.85
Other Solid Fats 10.67% 7.67% 165.85
Shortening 11.00% 8.33% 231.14
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 45
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.1.2 Solid Fats Market Growth Dynamics by Value, 2006–16
Figure 33: China Solid Fats Market Growth Dynamics by Value (CNY m), 2006–16
8.0%
7.0%
6.0%
5.0%
CAGR 2006-11
4.0%
3.0%
2.0%
1.0%
0.0%
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0%
CAGR 2011-16
Ghee Compound Cooking Fats (CCF) Lard Shortening Other Solid Fats
Source: Canadean © Canadean
Table 51: China Solid Fats Market Dynamics: past and future growth rates (2006–11 & 2011–16) and
future market size (2016), by Value (CNY m), by Segments
Segment CAGR (2011-16) CAGR (2006-11) Market Size 2016
Ghee 6.67% 3.33% 8727.66
Compound Cooking Fats (CCF) 6.33% 5.67% 3266.28
Lard 5.67% 6.67% 3005.84
Other Solid Fats 5.00% 4.33% 1595.33
Shortening 5.00% 5.00% 2572.47
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 46
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.2 Solid Fats Consumption Analysis, 2006–16
4.2.1 Solid Fats Market by Volume, 2006–16
Figure 34: China Solid Fats Market Volume (Kg m) and Growth (Y-o-Y), 2006–16
1,600.0 12.0%
Solid Fats Consumption by Volume (Kg m)
1,400.0
10.0%
1,200.0
Growth % (Y-O-Y)
8.0%
1,000.0
800.0 6.0%
600.0
4.0%
400.0
2.0%
200.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Volume Y-O-Y growth
Source: Canadean © Canadean
Table 52: China Solid Fats Market Volume (Kg m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 761.6 810.6 862.3 909.7 962.8 1,017.5 1,085.3 1,162.5 1,251.1 1,362.3 1,499.1
Y-o-Y
growth 6.43% 6.38% 5.50% 5.83% 5.68% 6.66% 7.12% 7.62% 8.89% 10.04%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 47
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.2.2 Solid Fats Consumption by Segments, 2006–16
Figure 35: China Solid Fats Consumption (Kg m) by Segments, 2006–16
1600.0
Solid Fats Consumption by Segments
1400.0
1200.0
1000.0
(Kg m)
800.0
600.0
400.0
200.0
0.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Ghee Compound Cooking Fats (CCF) Lard Other Solid Fats Shortening
Source: Canadean © Canadean
Table 53: China Solid Fats Consumption (Kg m) by Segments, 2006-11
CAGR
Segment 2006 2007 2008 2009 2010 2011 2006–11
Ghee 346.56 355.95 366.43 375.43 385.56 395.30 2.67%
Compound Cooking
Fats (CCF) 126.7 140.2 154.3 167.6 182.4 197.9 9.33%
Lard 127.4 138.6 150.4 161.4 173.9 187.2 8.00%
Other Solid Fats 69.1 75.2 81.6 87.3 93.7 99.9 7.67%
Shortening 91.9 100.6 109.5 118.0 127.3 137.2 8.33%
Overall 415.1 454.6 495.9 534.3 577.2 622.2 8.43%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 48
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
Table 54: China Solid Fats Consumption (Kg m) by Segments, 2011–16
CAGR
Segment 2011 2012 2013 2014 2015 2016 2011–16
Ghee 395.30 406.26 417.60 429.76 443.69 458.26 3.00%
Compound Cooking
Fats (CCF) 197.9 216.6 236.3 257.9 284.3 314.0 9.67%
Lard 187.2 205.2 227.4 252.9 285.7 329.8 12.00%
Other Solid Fats 99.9 107.9 117.8 129.3 144.8 165.9 10.67%
Shortening 137.2 149.2 163.5 181.2 203.8 231.1 11.00%
Overall 622.2 679.0 744.9 821.3 918.6 1,040.8 10.84%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 49
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.3 Solid Fats Market Value Analysis, 2006–16
4.3.1 Solid Fats Market by Value, 2006–16
Figure 36: China Solid Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16
25,000.0 9.0%
Solid Fats Market by Value (CNY m)
8.0%
20,000.0 7.0%
Growth % (Y-O-Y)
6.0%
15,000.0
5.0%
4.0%
10,000.0
3.0%
5,000.0 2.0%
1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Value Y-O-Y growth
Source: Canadean © Canadean
Table 55: China Solid Fats Market Value (CNY m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market 11,431. 11,997. 12,589. 13,106. 13,700. 14,270. 14,959. 15,719. 16,642. 17,765. 19,167.
Value 6 4 6 3 1 6 4 8 7 8 6
Y-o-Y
growth 5.0% 4.9% 4.1% 4.5% 4.2% 4.8% 5.1% 5.9% 6.7% 7.9%
Source: Canadean © Canadean
Table 56: China Solid Fats Market Value (USD m) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,435.5 1,579.7 1,814.8 1,921.5 2,026.8 2,211.4 2,318.1 2,435.9 2,579.0 2,753.0 2,970.2
Y-o-Y
growth 10.0% 14.9% 5.9% 5.5% 9.1% 4.8% 5.1% 5.9% 6.7% 7.9%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 50
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.3.2 Average Consumer Price/ Kg – Other Oils & Fats, 2006–16
Figure 37: China Solid Fats Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16
15.5 0.0%
Average Consumer Price/ Kg - Solid Fats
15.0
-0.5%
14.5
Growth % (Y-O-Y)
14.0
-1.0%
(CNY)
13.5
-1.5%
13.0
12.5
-2.0%
12.0
11.5 -2.5%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Avg Price Y-O-Y growth
Source: Canadean © Canadean
Table 57: China Solid Fats Average Consumer Price (CNY) and Growth (Y-o-Y), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Avg.
Price 15.0 14.8 14.6 14.4 14.2 14.0 13.8 13.5 13.3 13.0 12.8
Y-o-Y
growth -1.39% -1.36% -1.32% -1.23% -1.43% -1.72% -1.90% -1.62% -1.97% -1.95%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 51
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.3.3 Solid Fats Market Value by Segments, 2006–16
Figure 38: China Solid Fats Market Value (CNY m) by Segments, 2006–16
25000.0
Solid Fats Market Value by Segments
20000.0
15000.0
(CNY m)
10000.0
5000.0
0.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Ghee Compound Cooking Fats (CCF) Lard Other Solid Fats Shortening
Source: Canadean © Canadean
Table 58: China Solid Fats Market Value (CNY m) by Segments, 2006-11
CAGR
Segment 2006 2007 2008 2009 2010 2011 2006–11
Compound Cooking
Fats (CCF) 5,364.8 5,539.3 5,736.2 5,897.9 6,107.3 6,320.5 3.3%
Lard 1,824.0 1,941.7 2,061.5 2,170.8 2,288.8 2,402.7 5.7%
Other Solid Fats 1,652.5 1,787.3 1,920.8 2,040.6 2,168.6 2,281.8 6.7%
Shortening 1,011.1 1,061.0 1,112.1 1,156.4 1,205.4 1,250.0 4.3%
Ghee 1,579.3 1,668.2 1,759.0 1,840.7 1,929.9 2,015.6 5.0%
Overall 6,066.8 6,458.1 6,853.4 7,208.5 7,592.7 7,950.1 5.6%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 52
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
Table 59: China Solid Fats Market Value (CNY m) by Segments, 2011–16
CAGR
Segment 2011 2012 2013 2014 2015 2016 2011–16
Compound Cooking
Fats (CCF) 6,320.5 6,597.4 6,913.0 7,364.9 7,933.6 8,727.7 6.7%
Lard 2,402.7 2,539.9 2,691.1 2,855.2 3,049.3 3,266.3 6.3%
Other Solid Fats 2,281.8 2,416.9 2,551.5 2,688.3 2,844.5 3,005.8 5.7%
Shortening 1,250.0 1,303.4 1,364.3 1,427.7 1,505.8 1,595.3 5.0%
Ghee 2,015.6 2,101.7 2,199.9 2,306.7 2,432.7 2,572.5 5.0%
Overall 7,950.1 8,362.0 8,806.8 9,277.8 9,832.1 10,439.9 5.6%
Source: Canadean © Canadean
Table 60: China Solid Fats Market Value (USD m) by Segments, 2006-11
CAGR
Segment 2006 2007 2008 2009 2010 2011 2006–11
Compound Cooking 729.361238 826.873250
Fats (CCF) 673.6552246 1 3 864.6856303 903.5193332 979.4304263 7.8%
Lard 229.0 255.7 297.2 318.3 338.6 372.3 10.2%
Other Solid Fats 207.5 235.3 276.9 299.2 320.8 353.6 11.2%
Shortening 127.0 139.7 160.3 169.5 178.3 193.7 8.8%
Ghee 198.3 219.7 253.6 269.9 285.5 312.3 9.5%
Overall 761.8 850.3 987.9 1,056.8 1,123.3 1,231.9 10.1%
Source: Canadean © Canadean
Table 61: China Solid Fats Market Value (USD m) by Segments, 2011–16
CAGR
Segment 2011 2012 2013 2014 2015 2016 2011–16
Compound Cooking 1022.33932 1071.23119
Fats (CCF) 979.4304263 5 4 1141.267542 1229.392275 1352.437516 6.7%
Lard 372.3 393.6 417.0 442.4 472.5 506.1 6.3%
Other Solid Fats 353.6 374.5 395.4 416.6 440.8 465.8 5.7%
Shortening 193.7 202.0 211.4 221.2 233.3 247.2 5.0%
Ghee 312.3 325.7 340.9 357.4 377.0 398.6 5.0%
Overall 1,231.9 1,295.8 1,364.7 1,437.7 1,523.6 1,617.8 5.6%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 53
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.4 Ghee Market Analysis, 2006–16
4.4.1 Ghee Market by Volume, 2006–16
Figure 39: China Ghee Market by Volume (Kg m), 2006–16
500.0 3.5%
Ghee Market by Volume (Kg m)
450.0
3.0%
400.0
350.0 2.5%
Growth % (Y-O-Y)
300.0
2.0%
250.0
1.5%
200.0
150.0 1.0%
100.0
0.5%
50.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 62: China Ghee Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 346.6 355.9 366.4 375.4 385.6 395.3 406.3 417.6 429.8 443.7 458.3
Y-o-Y
growth 2.71% 2.94% 2.46% 2.70% 2.53% 2.77% 2.79% 2.91% 3.24% 3.28%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 54
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.4.2 Ghee Market by Value, 2006–16
Figure 40: China Ghee Market by Value (CNY m), 2006–16
10,000.0 12.0%
Ghee Market by Value (CNY m)
9,000.0
10.0%
8,000.0
7,000.0
Growth % (Y-O-Y)
8.0%
6,000.0
5,000.0 6.0%
4,000.0
4.0%
3,000.0
2,000.0
2.0%
1,000.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall Volume Y-O-Y growth
Source: Canadean © Canadean
Table 63: China Ghee Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 5,364.8 5,539.3 5,736.2 5,897.9 6,107.3 6,320.5 6,597.4 6,913.0 7,364.9 7,933.6 8,727.7
Y-o-Y
growth 3.3% 3.6% 2.8% 3.6% 3.5% 4.4% 4.8% 6.5% 7.7% 10.0%
Source: Canadean © Canadean
Table 64: China Ghee Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 673.7 729.4 826.9 864.7 903.5 979.4 1,022.3 1,071.2 1,141.3 1,229.4 1,352.4
Y-o-Y
growth 8.3% 13.4% 4.6% 4.5% 8.4% 4.4% 4.8% 6.5% 7.7% 10.0%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 55
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.5 Compound Cooking Fats (CCF) Market Analysis, 2006–16
4.5.1 Compound Cooking Fats (CCF) Market by Volume, 2006–16
Figure 41: China Compound Cooking Fats (CCF) Market by Volume (Kg m), 2006–16
350.0 12.0%
Compound Cooking Fats (CCF) Market by
300.0 10.0%
250.0
Growth % (Y-O-Y)
8.0%
Volume (Kg m)
200.0
6.0%
150.0
4.0%
100.0
50.0 2.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 65: China Compound Cooking Fats (CCF) Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 126.7 140.2 154.3 167.6 182.4 197.9 216.6 236.3 257.9 284.3 314.0
Y-o-Y
growth 10.7% 10.0% 8.6% 8.8% 8.5% 9.4% 9.1% 9.2% 10.2% 10.5%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 56
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.5.2 Compound Cooking Fats (CCF) Market by Value, 2006–16
Figure 42: China Compound Cooking Fats (CCF) Market by Value (CNY m), 2006–16
3,500.0 8.0%
Compound Cooking Fats (CCF) Market by
3,000.0 7.0%
6.0%
2,500.0
Growth % (Y-O-Y)
5.0%
Value (CNY m)
2,000.0
4.0%
1,500.0
3.0%
1,000.0
2.0%
500.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 66: China Compound Cooking Fats (CCF) Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,824.0 1,941.7 2,061.5 2,170.8 2,288.8 2,402.7 2,539.9 2,691.1 2,855.2 3,049.3 3,266.3
Y-o-Y
growth 6.5% 6.2% 5.3% 5.4% 5.0% 5.7% 6.0% 6.1% 6.8% 7.1%
Source: Canadean © Canadean
Table 67: China Compound Cooking Fats (CCF) Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 229.0 255.7 297.2 318.3 338.6 372.3 393.6 417.0 442.4 472.5 506.1
Y-o-Y
growth 11.6% 16.2% 7.1% 6.4% 10.0% 5.7% 6.0% 6.1% 6.8% 7.1%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 57
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.6 Lard Market Analysis, 2006–16
4.6.1 Lard Market by Volume, 2006–16
Figure 43: China Lard Market by Volume (Kg m), 2006–16
350.0 18.0%
Lard Market by Volume (Kg m)
16.0%
300.0
14.0%
250.0
Growth % (Y-O-Y)
12.0%
200.0 10.0%
150.0 8.0%
6.0%
100.0
4.0%
50.0
2.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 68: China Lard Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 127.4 138.6 150.4 161.4 173.9 187.2 205.2 227.4 252.9 285.7 329.8
Y-o-Y
growth 8.8% 8.5% 7.3% 7.7% 7.6% 9.7% 10.8% 11.2% 13.0% 15.4%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 58
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.6.2 Lard Market by Value, 2006–16
Figure 44: China Lard Market by Value (CNY m), 2006–16
3,500.0 9.0%
Lard Market by Value (CNY m)
8.0%
3,000.0
7.0%
2,500.0
Growth % (Y-O-Y)
6.0%
2,000.0 5.0%
1,500.0 4.0%
3.0%
1,000.0
2.0%
500.0
1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 69: China Lard Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,652.5 1,787.3 1,920.8 2,040.6 2,168.6 2,281.8 2,416.9 2,551.5 2,688.3 2,844.5 3,005.8
Y-o-Y
growth 8.2% 7.5% 6.2% 6.3% 5.2% 5.9% 5.6% 5.4% 5.8% 5.7%
Source: Canadean © Canadean
Table 70: China Lard Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 207.5 235.3 276.9 299.2 320.8 353.6 374.5 395.4 416.6 440.8 465.8
Y-o-Y
growth 13.4% 17.7% 8.0% 7.2% 10.2% 5.9% 5.6% 5.4% 5.8% 5.7%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 59
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.7 Other Solid Fats Market Analysis, 2006–16
4.7.1 Other Solid Fats Market by Volume, 2006–16
Figure 45: China Other Solid Fats Market by Volume (Kg m), 2006–16
180.0 16.0%
Other Solid Fats Market by Volume (Kg m)
160.0 14.0%
140.0
12.0%
Growth % (Y-O-Y)
120.0
10.0%
100.0
8.0%
80.0
6.0%
60.0
4.0%
40.0
20.0 2.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 71: China Other Solid Fats Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 69.1 75.2 81.6 87.3 93.7 99.9 107.9 117.8 129.3 144.8 165.9
Y-o-Y
growth 8.8% 8.5% 7.0% 7.3% 6.7% 8.0% 9.2% 9.8% 12.0% 14.5%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 60
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.7.2 Other Solid Fats Market by Value, 2006–16
Figure 46: China Other Solid Fats Market by Value (CNY m), 2006–16
1,800.0 7.0%
Other Solid Fats Market by Value (CNY m)
1,600.0
6.0%
1,400.0
5.0%
Growth % (Y-O-Y)
1,200.0
1,000.0 4.0%
800.0 3.0%
600.0
2.0%
400.0
1.0%
200.0
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 72: China Other Solid Fats Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,011.1 1,061.0 1,112.1 1,156.4 1,205.4 1,250.0 1,303.4 1,364.3 1,427.7 1,505.8 1,595.3
Y-o-Y
growth 4.9% 4.8% 4.0% 4.2% 3.7% 4.3% 4.7% 4.6% 5.5% 5.9%
Source: Canadean © Canadean
Table 73: China Other Solid Fats Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 127.0 139.7 160.3 169.5 178.3 193.7 202.0 211.4 221.2 233.3 247.2
Y-o-Y
growth 10.0% 14.8% 5.8% 5.2% 8.6% 4.3% 4.7% 4.6% 5.5% 5.9%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 61
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.8 Shortening Market Analysis, 2006–16
4.8.1 Shortening Market by Volume, 2006–16
Figure 47: China Shortening Market by Volume (Kg m), 2006–16
250.0 16.0%
Shortening Market by Volume (Kg m)
14.0%
200.0
12.0%
Growth % (Y-O-Y)
10.0%
150.0
8.0%
100.0
6.0%
4.0%
50.0
2.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 74: China Shortening Market by Volume (Kg m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Overall
Volume 91.9 100.6 109.5 118.0 127.3 137.2 149.2 163.5 181.2 203.8 231.1
Y-o-Y
growth 9.4% 8.9% 7.7% 7.9% 7.8% 8.8% 9.5% 10.8% 12.5% 13.4%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 62
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.8.2 Shortening Market by Value, 2006–16
Figure 48: China Shortening Market by Value (CNY m), 2006–16
3,000.0 7.0%
Shortening Market by Value (CNY m)
2,500.0 6.0%
5.0%
Growth % (Y-O-Y)
2,000.0
4.0%
1,500.0
3.0%
1,000.0
2.0%
500.0 1.0%
0.0 0.0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market Value Y-o-Y Growth %
Source: Canadean © Canadean
Table 75: China Shortening Market by Value (CNY m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 1,579.3 1,668.2 1,759.0 1,840.7 1,929.9 2,015.6 2,101.7 2,199.9 2,306.7 2,432.7 2,572.5
Y-o-Y
growth 5.6% 5.4% 4.6% 4.8% 4.4% 4.3% 4.7% 4.9% 5.5% 5.7%
Source: Canadean © Canadean
Table 76: China Shortening Market by Value (USD m), 2006–16
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Market
Value 198.3 219.7 253.6 269.9 285.5 312.3 325.7 340.9 357.4 377.0 398.6
Y-o-Y
growth 10.8% 15.4% 6.4% 5.8% 9.4% 4.3% 4.7% 4.9% 5.5% 5.7%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 63
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
4.9 Solid Fats Market Value by Distribution Channel, 2008-11
Figure 49: China Solid Fats Market Value by Distribution Channel (CNY m), 2008-11
16000.0
Solid Fats Market Value by Distribution
14000.0
12000.0
Channel (CNY m)
10000.0
8000.0
6000.0
4000.0
2000.0
0.0
2008 2009 2010 2011
“Dollar Stores”, Variety Stores Hypermarkets & Supermarkets Convenience Stores
Food & drinks specialists Others
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 64
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
CHINA SOLID FATS MARKET ANALYSIS
Table 77: China Solid Fats Market Value by Distribution Channel (CNY m), 2008-11
CAGR
Distribution Channel 2008 2009 2010 2011 2008-11
Cash & Carries & Warehouse Clubs 0.0 0.0 0.0 0.0 0.0%
“Dollar Stores”, Variety Stores &
Merchandise Stores 60.5 72.3 82.2 92.5 15.2%
Hypermarkets & Supermarkets 6,222.8 6,490.5 6,784.9 7,067.6 4.3%
Convenience Stores 5,788.8 6,042.7 6,333.9 6,615.5 4.5%
Food & drinks specialists 299.8 314.9 332.0 349.1 5.2%
Department Stores 0.0 0.0 0.0 0.0 0.0%
Vending machines 0.0 0.0 0.0 0.0 0.0%
Drug stores & Pharmacies 0.0 0.0 0.0 0.0 0.0%
eRetailers 0.0 0.0 0.0 0.0 0.0%
Others 217.7 186.0 167.2 145.9 -12.5%
Overall 12,589.6 13,106.3 13,700.1 14,270.6 4.3%
Source: Canadean © Canadean
Table 78: China Solid Fats Market Value by Distribution Channel (USD m), 2008-11
CAGR
Distribution Channel 2008 2009 2010 2011 2008-11
Cash & Carries & Warehouse Clubs 0.0 0.0 0.0 0.0 0.0%
“Dollar Stores”, Variety Stores &
Merchandise Stores 8.7 10.6 12.2 14.3 18.0%
Hypermarkets & Supermarkets 897.0 951.6 1,003.8 1,095.2 6.9%
Convenience Stores 834.5 885.9 937.0 1,025.1 7.1%
Food & drinks specialists 43.2 46.2 49.1 54.1 7.8%
Department Stores 0.0 0.0 0.0 0.0 0.0%
Vending machines 0.0 0.0 0.0 0.0 0.0%
Drug stores & Pharmacies 0.0 0.0 0.0 0.0 0.0%
eRetailers 0.0 0.0 0.0 0.0 0.0%
Others 31.4 27.3 24.7 22.6 -10.3%
Overall 1,814.8 1,921.5 2,026.8 2,211.4 6.8%
Source: Canadean © Canadean
The Future of the Oils & Fats Market in China, to 2016 Page 65
© Canadean. This product is licensed and is not to be photocopied Published: April 2012
APPENDIX
5 Methodology
Canadean’s dedicated research and analysis teams consist of experienced professionals with an industry
background in marketing, market research, consulting and advanced statistical expertise.
Canadean adheres to the Codes of Practice of the Market Research Society (www.mrs.org.China) and the
Society of Competitive Intelligence Professionals (www.scip.org).
All Canadean databases are continuously updated and revised.
5.1 About Canadean
Canadean is a full-service market research agency and premium business information provider, specializing in
the beverage and allied industries with reliable, value added market research and strategic analysis. Our
products and services help companies to make better decisions, win business and position themselves more
effectively.
Canadean’s areas of expertise include online research, qualitative and quantitative research, industry analysis,
custom approaches, and actionable insights.
Canadean have built a network of more than 60 country consultants and specialist researchers, each with in-
depth industry experience and expertise enabling us to conduct unique and insightful research via our trusted
business communities.
5.2 Disclaimer
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any
means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the
publisher, Canadean.
The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please
note that the findings, conclusions and recommendations that Canadean delivers will be based on information
gathered in good faith from both primary and secondary sources, whose accuracy we are not always in a
position to guarantee. As such, Canadean can accept no liability whatsoever for actions taken based on any
information that may subsequently prove to be incorrect.
The Future of the Oils & Fats Market in China, to 2016 Page 66
© Canadean. This product is licensed and is not to be photocopied Published: April 2012