Surrounding Environment
Commercial oils and fats market size trends
The commercial market is being revitalized due to the continued growth of the ready-meal market, including home delivery and take-out, as well as the increase in inbound demand and the domestic restaurant market as we move towards the post-COVID era.
Our greatest strength is the strong relationships we have built with our commercial customers based on trust, and we will continue to explore new possibilities for growth.
*Our estimate based on data from the Monthly Report on Alcohol and Food Statistics (April 2010 to March 2023)
*From fiscal 2021 onwards, the market value will increase significantly due to price revisions caused by the sudden rise in raw material prices.
Household oils and fats market size trends
In the household market, we believe that overall usage will tend to decline in the long term due to the declining birthrate and aging population. However, we believe that the use of oils with added value, such as flavor and functionality, will increase in response to growing health consciousness and diversifying tastes, and that this will lead to future growth in value terms.
We aim to further expand our market by utilizing our unique know-how and technology to pursue flavors and functions that suit Japanese food, as well as environmental considerations.
*Our estimate based on INTAGE SCI data (oils and fats market: April 2010 to March 2023)