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Australia Canola Seeds Market Size, Share, Trends, Analysis: By Breeding Technology: Open Pollinated Varieties and Hybrid Derivatives, Hybrids; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Australia Canola Seeds Market Outlook
The Australia canola seeds market size is projected to grow at a CAGR of 5.8% between 2024 and 2032.
Key Takeaways:
- DAFF projects a 7% rise, reaching $4.1 billion in 2024–25, boosting Australia's canola production value and seeds market.
- In 2022, Western Australia led with over 50% of national canola production with 2.1 Mha grown, yielding 4.3 Mt.
- USDA forecasts canola oil exports at 240,000 MT in MY 2023/24, fostering growth in Australia's canola seeds market.
Hybrids contribute to the Australia canola seeds market growth because of their recognised genetic diversity.
This characteristic allows them to thrive in varied environmental conditions, soil types, and climates. Open-pollinated varieties are esteemed for their genetic diversity, thriving in diverse environments. Seed saving benefits farmers by reducing expenses. These varieties maintain consistent traits across generations, adapt to local conditions, and preserve traditional characteristics, promoting sustainable farming.
Hybrid canola seeds present significant yield potential, ensuring heightened productivity. They display uniform traits for even growth and maturity, along with resistance to diseases and pests. Early maturation suits regions with shorter growing seasons, and certain hybrids entering the market boast increased oil content, leading to enhanced efficiency and cost-effectiveness for farmers.
In August 2022, Pacific Seeds launched Hyola Regiment XC and Hyola Solstice CL, offering Australian farmers improved performance, disease resistance, and options for integrated weed management. Hyola Regiment XC, a high-yielding canola hybrid with dual herbicide tolerance, showcased mid-season maturity, enhancing grain yield, plant vigour, and oil content using TruFlex technology and the flexibility of IMI herbicides.
Market Segmentation
Australia Canola Seeds Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Breeding Technology
- Open-Pollinated Varieties and Hybrid Derivatives
- Hybrids
- Transgenic Hybrids
- Non-Transgenic Hybrids
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia canola seeds market key players are BASF SE, Nufarm Ltd., Advanta Seeds Pty Ltd, GenTech Seeds Pty Ltd. and RAGT Group among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Breeding Technology |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Canola Seeds Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Canola Seeds Historical Market (2018-2023)
8.3 Asia Pacific Canola Seeds Market Forecast (2024-2032)
9 Australia Canola Seeds Market Overview
9.1 Key Industry Highlights
9.2 Australia Canola Seeds Historical Market (2018-2023)
9.3 Australia Canola Seeds Market Forecast (2024-2032)
10 Australia Canola Seeds Market by Breeding Technology
10.1 Open Pollinated Varieties and Hybrid Derivatives
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Hybrids
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Transgenic Hybrids
10.2.3.2 Non-Transgenic Hybrids
11 Australia Canola Seeds Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 BASF SE
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Nufarm Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Advanta Seeds Pty Ltd
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 GenTech Seeds Pty Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 RAGT Group
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Canola Seeds Market: Key Industry Highlights, 2018 and 2032
2. Australia Canola Seeds Market: Key Industry Highlights, 2018 and 2032
3. Australia Canola Seeds Historical Market: Breakup by Breeding Technology (USD Million), 2018-2023
4. Australia Canola Seeds Market Forecast: Breakup by Breeding Technology (USD Million), 2024-2032
5. Australia Canola Seeds Historical Market: Breakup by Region (USD Million), 2018-2023
6. Australia Canola Seeds Market Forecast: Breakup by Region (USD Million), 2024-2032
7. Australia Canola Seeds Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.
The canola seeds market is categorised according to breeding technology, which includes open-pollinated varieties and hybrid derivatives and hybrids- transgenic hybrids and non-transgenic hybrids.
The key players are BASF SE, Nufarm Ltd., Advanta Seeds Pty Ltd, GenTech Seeds Pty Ltd. and RAGT Group among others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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