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The Australia oilseed market size is estimated to grow at a CAGR of 5.5% during 2024-2032. The market is being aided by the rising usage of oilseeds in food applications and the growing export of canola seeds in countries like the United States and Japan.
Oilseed crops are mainly grown for edible oil and are the pillar of several agricultural economies. They play a pivotal role in the agricultural sector and trade across the globe. Canola and cottonseed are Australia’s major oilseed crops, which account for over 90% of local production.
The Australia oilseed market growth is being supported by the increasing usage of oils and oilseeds such as canola, mono sun, cottonseeds, and mid/high oleic canola in the food and beverage sector owing to their excellent nutritional values.
Oilseeds are also excellent natural sources of plant proteins and act as a substitute for animal proteins, making them popular among vegans and vegetarians.
On the basis of type, the market is divided into soybean, sunflower, cottonseed, rapeseed, and safflower, among others. Based on category, the market is bifurcated into conventional and genetically modified. On the basis of application, the market is bifurcated into oilseed meals and vegetable oils.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Australia oilseed market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Soybean represents a significant portion of the Australia oilseed market share. Oils extracted from soybean seeds have multiple uses, and they contains phosphorus, iron, calcium, vitamin B, and complete amino acid composition, which is essential for the growth of the human body. Soybean oil is also an excellent source of alpha tocopherol (vitamin E), which helps fight free radicals that can damage cells and cause premature ageing.
Additionally, soybean oil is often used in commercial and natural mosquito repellents that are safe to use on children and infants. It is also used in pharmaceuticals as a filler in capsules, as an emulsifier in the production of paints, and in cosmetics products due to its massaging and moisturising properties.
As per Australia oilseeds market analysis, the use of oilseeds in the production of vegetable oils is significantly rising. Vegetable oils are widely used in cooking applications, as salad dressings, in preparing margarines and spreads, and to add flavour and texture in bakery products.
The growing health consciousness in the country is boosting the demand for edible oils and fats such as high oleic and canola oils that boast excellent nutrition profiles, versatility, and taste. The high content of monosaturated fats and omega-3 fatty acids in canola oils are also surging their usage in food applications to reduce LDL blood cholesterol levels.
GrainCorp Limited, established in 1916, is an Australian agribusiness and processing company. It produces crude degummed oils and refined and bleached oils, including canola oil, monola, safflower and sunflower oils. Outside of Australia, it also sources from local producers of the UK and Ukraine as well as through its joint venture in Canada and has marketers in China, India, and Singapore.
Cootamundra Oilseed Pty Ltd. was established in 1991 and commissioned its first oilseed processing plant in the year 1992. It deals in GMO free conventional and organic oilseeds. It produces several distinct cold pressed vegetable oils, including unrefined canola oil, premium canola oil, extra filtered canola oil, RBD canola oil, safflower, sunflower, RBD sunflower, soyabean and linseed oil.
KWS SAAT SE & Co KgaA was founded in 1856 and is headquartered in Einbeck, Lower Saxony, Germany. It deals in three product segments, including maize, sugarbeet and cereals. It emphasises on yield stability, product quality, and the preservation of genetic resources. It is actively conducting research to develop next-generation herbicide-tolerant sugarbeets and hybrid potato seeds.
Other Australia oilseed market players include Midlands Holdings, Cargill, Incorporated, and Oilseed Australia, among others.
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:
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Breakup by Type |
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Breakup by Category |
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Breakup by Application |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 Oilseed Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Oilseed Historical Market (2018-2023)
8.3 Asia Pacific Oilseed Market Forecast (2024-2032)
8.4 Asia Pacific Oilseed Market breakup by Country
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 Australia Oilseed Market Overview
9.1 Key Industry Highlights
9.2 Australia Oilseed Historical Market (2018-2023)
9.3 Australia Oilseed Market Forecast (2024-2032)
10 Australia Oilseed Market by Type
10.1 Soybean
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Sunflower
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Cottonseed
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Rapeseed
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Safflower
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Australia Oilseed Market by Category
11.1 Conventional
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Genetically Modified
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Oilseed Market by Application
12.1 Oilseed Meal
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Vegetable Oils
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis (HS Code - 1207)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 GrainCorp Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Cootamundra Oilseed Pty Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 KWS SAAT SE & Co KgaA
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Midlands Holdings
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cargill, Incorporated
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Oilseed Australia
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Oilseed Market: Key Industry Highlights, 2018 and 2032
2. Australia Oilseed Market: Key Industry Highlights, 2018 and 2032
3. Australia Oilseed Historical Market: Breakup by Type (USD Million), 2018-2023
4. Australia Oilseed Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Australia Oilseed Historical Market: Breakup by Category (USD Million), 2018-2023
6. Australia Oilseed Market Forecast: Breakup by Category (USD Million), 2024-2032
7. Australia Oilseed Historical Market: Breakup by Application (USD Million), 2018-2023
8. Australia Oilseed Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Australia Oilseed Market Structure
The market is estimated to grow at a CAGR of 5.5% between 2024 and 2032.
The market is being driven by the increase in demand for oilseeds due to rise in population and the growing health consciousness.
The key trends aiding the market expansion include the increasing canola oil production and export, rising demand for healthy vegetable oils, and the introduction of favourable government initiatives aimed at promoting the use of biofuels.
The major oilseeds in the market report are soybean, sunflower, cottonseed, rapeseed, and safflower, among others.
The different categories in the market are conventional and genetically modified.
The various applications of oilseed are oilseed meal and vegetable oils.
The major key players in the market are GrainCorp Limited, Cootamundra Oilseed Pty Ltd., KWS SAAT SE & Co KgaA, Midlands Holdings, Cargill, Incorporated and Oilseed Australia, among others.
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