PROBLEM TO BE SOLVED: To provide a stable O/D type emulsion composition that has a high oil content and becomes fine oil droplets after dilution of the O/D type emulsion composition in water; to provide an oil-in-water type emulsion composition containing the O/D type emulsion composition; and to provide a food or drink that contains such a composition; and to provide an ingredient for a food that contains such a composition.SOLUTION: The O/D type emulsion composition of the present invention includes a polyvalent alcohol, 60 mass% or more and less than 90 mass% of an oil-soluble substance (excluding an emulsifier), and an emulsifier (A) in which 51 mass% or more of a constituent fatty acid has 10 or more carbon atoms, and which has an HLB value of more than 10 and an iodine value of less than 10. In the O/D type emulsion composition, the content of an emulsifier (B) having an HLB value of more than 10 and an iodine value of 10 or more is less than 5 mass%, and the content of an oil-soluble emulsifier (C) having an HLB value of 10 or less is less than 1/20 of the total content of the emulsifier (A) and the emulsifier (B).SELECTED DRAWING: None【課題】高油分でありながら水に希釈後に微細な油滴となる安定なO/D型乳化組成物、当該O/D型乳化組成物を含有する水中油型乳化組成物、及びこれらを含有する飲食品や食品用素材を提供する。【解決手段】本発明のO/D型乳化組成物は、多価アルコール、60質量%以上90質量%未満の油溶性物質(乳化剤を除く)、及び構成脂肪酸の51質量%以上が炭素数10以上でありHLB値が10より大かつヨウ素価が10未満の乳化剤(A)を含有し、HLB値が10より大かつヨウ素価が10以上の乳化剤(B)の含量が5質量%未満であり、HLB値が10以下の油溶性乳化剤(C)の含量が前記乳化剤(A)と前記乳化剤(B)の合計含量の1/20未満である。【選択図】なし