PROVIDED ARE OIL-IN-WATER EMULSIONS WITH LOW OIL CONTENT THAT HAVE HIGH EMULSION STABILITY, WHIPPABILITY AND SHAPE RETENTION AFTER WHIPPING, THAT MELT WELL IN THE MOUTH, AND THAT HAVE EXCELLENT FLAVOR, DESPITE HAVING A LOW OIL CONTENT WHICH IS 10-40 WT% OIL COMPONENTS. THE OIL-IN-WATER EMULSIONS WITH LOW OIL CONTENT CONTAIN OILS, PROTEIN AND WATER, 10-40 WT% IS OIL COMPONENTS, 60% OR MORE OF THE OIL PHASE IS LAURIC OIL, AND THE EMULSIONS CONTAIN A SOLID OIL WITH A MELTING POINT OF 40-68°C AND AN IODINE NUMBER OF 40 OR LESS. THE LAURIC OIL IS A NON-TRANSESTERIFIED OIL, 0.5-5 WT%, WITH RESPECT TO THE ENTIRE OIL-IN-WATER EMULSION, IS A SOLID OIL, AND THE TOTAL SOLID COMPONENT IS 14-44 WT%.