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Shandong's Hundred-Billion-Yuan Grain and Oil Industry Seeks Growth in Massive Health

Source：Haibao News 04-13-2026 10:00:00

News on April 10, 2026: The total output value of Shandong's grain and oil industry has exceeded 500 billion yuan for four consecutive years, ranking first in China and accounting for one-eighth of the national total. To overcome bottlenecks in the existing market, the province's grain and oil industry is accelerating its shift toward massive health, tapping into new growth opportunities in functional foods. Through cooperation between leading enterprises and research institutes, Shandong is upgrading its products from "priced by the ton" to "valued by the gram". For instance, Shandong Yuwang Ecological Food Industry Co., Ltd. extracts pharmaceutical-grade active substances from soybeans, and Shandong Yangping Food Co., Ltd. develops meal replacement powders with both medicinal and nutritional benefits. Many such distinctive, healthy grain and oil products are showcased on national-level research platforms. As China's health food market continues to expand, Shandong's grain and oil companies overcome challenges in processing techniques, capital, and market trust through technological breakthroughs, product innovation, and brand upgrades. These efforts drive the entire industrial chain toward high-end, health-oriented, and high-value-added development, fostering a new growth driver for the industry.