Explore the latest trends and actionable insights on the Japan Cooking Oils market to inform business strategy and pinpoint opportunities and risks

The Market value (retail sales value) of Oils Industry in Japan (2017 - 2025, USD Millions)

  • The Market value (retail sales value) of Oils Industry in Japan attained a value of USD 3,488.32 Millions in 2020

  • The Industry recorded a historical growth (CAGR) of 3.83% between 2017 to 2020, and is expected to grow by ...

  • GlobalData projects the Industry to grow at a CAGR of ...

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The Market value (retail sales value) of Oils Industry in Japan (2017 - 2025, USD Millions)

Published: Oct 2021
Source: GlobalData

Explore the latest trends and actionable insights on the Japan Cooking Oils market to inform business strategy and pinpoint opportunities and risks
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The oil industry in Japan recorded mid-single digit YoY growth in 2020, and a mid-single digit Compound Annual Growth Rate (CAGR) between 2017-20.  

The Nisshin Oillio Group Ltd, Showa Sangyo Co ltd, Ajinomoto Group, Conserve Italia, and Bright Food (Group) Co Ltd held the top five leading market positions in the oil industry in Japan. The top three players, The Nisshin Oillio Group Ltd, Showa Sangyo Co ltd, and Ajinomoto Group held a significant market share in the oil industry in Japan in 2020.  

Nisshin Oillio, Showa, Ajinomoto, Cirio, and Bosco were the leading brands in the oil industry. 

Oil products include all types of cooking oil, e.g., olive oil, sunflower oil, palm oil, and corn oil etc.

The Nisshin Oillio Group Ltd leads the oil industry in Japan in 2020

The Nisshin Oillio Group Ltd was the leading company in the Japanese oil market (by value) in 2020. Nisshin Oillio, and Bosco are the prominent brands selling oil products in Japan under the trademark of Wilmar International Ltd. Among the two brands, the Nisshin Oillio brand contributed maximum sales by value. 

Showa Sangyo Co ltd ranked second in the oil industry in Japan 

Showa Sangyo Co ltd was the second largest company in the Japanese oil market (by value) in 2020. Showa Brand, one of the prominent brands selling oil items in Japan, operates under the trademark of Showa Sangyo Co ltd.  

The other leading market positions in oil market in Japan were held by Ajinomoto Group, Conserve Italia, and Bright Food (Group) Co Ltd  

Ajinomoto Group, Conserve Italia, and Bright Food (Group) Co Ltd were among some of the other prominent companies in the Japanese oil market, owning popular brands Ajinomoto, Cirio, and Filippo Berio, respectively. 

Market Fragmentation: The top three players accounted for more than a half of the oil market (by value) in Japan in 2020.

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