[PROBLEMS] DISCLOSED ARE: A FOAMABLE OIL-IN-WATER TYPE EMULSION WHICH COMPRISES A SUFFICIENTLY REDUCED AMOUNT OF TRANS FATTY ACID, TAKES FULL ADVANTAGE OF THE EXCELLENT MELTING FEELING IN THE MOUTH OF LAURIN-BASED OILS AND FATS, HAS HIGH EMULSIFICATION STABILITY AND GOOD WHIPPING CHARACTERISTICS SUCH AS FOAMABILITY AND SHAPE-RETAINING PROPERTIES, AND SHOWS GOOD FREEZING/THAWING RESISTANCE WHEN WHIPPED AND A PRODUCTION METHOD THEREOF. [MEANS FOR SOLUTION]PROBLEMS CAN BE SOLVED BY AN OIL AND FAT FOR A FOAMABLE OIL-IN-WATER TYPE EMULSION WHICH COMPRISES A MIXED OIL AND FAT CONTAINING SPECIFIC TYPES OF TRIGLYCERIDES IN SPECIFIC AMOUNTS, OR BY AN OIL AND FAT COMPOSITION FOR A FOAMABLE OIL-IN-WATER TYPE EMULSION WHICH COMPRISES, IN SPECIFIC AMOUNTS, THE ABOVE-DESCRIBED MIXED OIL AND FAT, AND A SUCROSE FATTY ACID ESTER AND/OR SORBITAN FATTY ACID ESTER HAVING A SPECIFIC HLB VALUE IN WHICH NOT LESS THAN A SPECIFIC AMOUNT OF FATTY ACIDS BOUND THERETO IS SATURATED. THE MOST ILLUSTRATED DRAWING.: FIG 1