Japan Soybean Oil Market Size, Share, and COVID-19 Impact Analysis, By Application (Food Industry, Biodiesel, Animal Feed, Industrial Uses, and Others), By Distribution Channel (Online Retail, Supermarkets/Hypermarkets, Convenience Stores, and Others), and Japan Soybean Oil Market Insights, Industry Trend, Forecasts to 2035

Japan Soybean Oil Market Insights Forecasts to 2035

• The Japan Soybean Oil Market Size Was Estimated at USD 480.8 Thousand tons in 2024
• The Market Size is Expected to Grow at a CAGR of Around 2.49% from 2025 to 2035
• The Japan Soybean Oil Market Size is Expected to Reach USD 630.4 Thousand tons by 2035

According to a research report published by Spherical Insights & Consulting, The Japan soybean Oil Market Size is anticipated to reach USD 630.4 Thousand tons by 2035, Growing at a CAGR of 2.49% from 2025 to 2035. The soybean oil market in Japan is driven by increasing preference for plant-based and trans-fat-free oils, rising health consciousness and awareness among the masses, and growing product utilization in various industrial applications.

Market Overview

Soybean plant (Glycine Max) seeds are used to make soybean oil, which is a popular edible vegetable oil. It is one of the most widely used cooking oils in the world and is an important component of industrial processes, culinary goods, and biofuels. Due to its availability, nutritional composition, and adaptability, soybean oil is essential for both food and non-food industries. When taken in moderation, the abundance of polyunsaturated fatty acids, especially linoleic acid and alpha-linolenic acid, helps maintain heart health and general welfare. Vitamin E, an antioxidant that promotes cellular defense, is also present. Due to its neutral taste and long shelf life, soybean oil is often used for baking, frying, margarine, salad dressing, and processed food in the food field. In addition, it prevents taste transfer during cooking, sophisticated soybean oil is preferred for commercial food processing, and can be used in large quantities in restaurants and packaged goods. In addition to its use of soybean oil in food, it is a major industrial significance. It fits well with a global trend moving towards permanent options for petroleum-based products, as it is a renewable and biodegradable resource.

Report Coverage

This research report categorizes the market for the Japan soybean oil market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan soybean oil market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan soybean oil market.

Driving Factors

The Japan soybean market in Japan driven by awareness about plant-based diets, is increasing, with an increase in consumption of processed foods, and an increase in demand for edible oils in home and commercial cookers. Demand is also promoted by increasing the manufacture of biodiesel and an increase in industrial uses such as lubricants and resins. The government's initiatives supporting renewable energy also increase market capacity for development.

Restraining Factors

The Japan soybean oil market is mostly constrained by different soybean crop yields, dependence on weather patterns, and unstable international trade rules. Adoption of health issues related to consuming large amounts of omega-6 fatty acids and competing with other edible oils is being forced to adopt, such as sunflower and palm oil.

Market Segmentation

The Japan soyabean oil market share is classified into application and distribution channel.  

• The food industry segment held the largest market share in 2024 and is expected to grow at a rapid CAGR during the forecast period.   

The Japan soybean oil market is segmented by application into food industry, biodiesel, animal feed, industrial uses, and others. Among these, the food industry segment held the largest market share in 2024 and is expected to grow at a rapid CAGR during the forecast period.  This is due to soybean oil being an essential element due to its high smoke point, light taste, and nutritional advantages. Because it can tolerate high temperatures without burning, it is often used for spreading, dressing, and sauce as well as frying.

• The supermarkets/hypermarkets segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan soybean oil market is segmented by distribution channel into online retail, supermarkets/hypermarkets, convenience stores, and others. Among these, the supermarkets/hypermarkets segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to frequent publicity, and ability to accommodate wholesale purchases, which are especially attractive to budget-conscious consumers retail behemoths are often Go-To options for domestic shopkeepers.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan soybean oil market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Sumitomo Corporation
• Sojitz Corporation
• Nisshin Oillio Group Ltd.
• Itochu Corporation
• Mitsubishi Corporation
• Fuji Oil Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan soybean oil market based on the below-mentioned segments:

Japan Soyabean Oil Market, By Application

• Food Industry
• Biodiesel
• Animal Feed
• Industrial Uses
• Others

Japan Soyabean Oil Market, By Distribution Channel

• Online Retail
• Supermarkets/Hypermarkets
• Convenience Stores
• Others