The Australia cooking oil market size is expected to grow at a CAGR of 4.70% between 2025 and 2034.

Favourable domestic and international conditions have seen Australian cooking oil and margarine manufacturers thrive in recent years. High domestic supply and elevated international prices have boosted exports and revenue. Domestic manufacturers have benefited from increased upstream supply, while downstream demand from markets like supermarkets and cafes has risen. Nonetheless, some industry segments have suffered from high import competition as large fast-food chains have increasingly imported refined cooking oils. However, rising health concerns have benefited some segments at the expense of others, leading some customers to shift to unrefined or niche cooking oils. Overall, revenue has grown at an annualised 3.5% over the five years through 2023-24 and is expected to total $3.5 billion, despite a forecast revenue decline of 3.1% in 2023-24.Growing consumer concern regarding health and nutrition has weakened demand for some traditional industry products that consumers perceive as unhealthy, like refined vegetable oil. This is shifting focus towards more health-conscious items such as unrefined oils and avocado oil. Demand for premium products is set to increase as health consciousness rises. Premium products, typically perceived as healthier, are more profitable to manufacturers. That's why increased demand for premium products is set to propel profit margins over the coming years.Healthy downstream demand from supermarkets is set to fuel moderate growth over the next few years. Strong domestic demand will offset falls in price growth and ease demand from exports. Nonetheless, overall output is set to rise following upgrades to facilities at key manufacturers like Cargill and GrainCorp, allowing them to process greater amounts of crop and drive down per unit costs. Automation is expected to continue rising, decreasing wages as a share of revenue. Overall, revenue is expected to climb at an annualised 1.2% over the five years to 2028-29, to an estimated $3.7 billion.

The Australia Edible Oils Market was valued at USD 4.41 Billion in 2024 and is expected to reach USD 5.86 Billion by 2030 with a CAGR of 4.92% during the forecast period.

Pages	82
Market Size	2024: USD 4.41 Billion
Forecast Market Size	2030: USD 5.86 Billion
CAGR	2025-2030: 4.92%
Fastest Growing Segment	Organic
Largest Market	Queensland
Key Players	1. Alba Edible Oils 2. Plenty Foods PTY LTD 3. Sherman Foods 4. Corval Group 5. Goodman Fielder Pty Limited 6. Monini S.p.A. 7. Cootamundra Oilseed Pty Ltd. 8. Cargill, Incorporated 9. Cobram Estate, LLC 10. DEOLEO, S.A.

Australia Used Cooking Oil comes with extensive industry analysis of development components, patterns, flows, and sizes. The report calculates present and past market values to forecast potential market management during the forecast period between 2025 - 2033.

The Australian fats and oils market showcases a diverse range of products, each catering to specific culinary and industrial applications. Oils: Popular choices include olive oil, canola oil, and sunflower oil, favored for their versatility in cooking and salad dressings. Palm oil and coconut oil find extensive use in food processing due to their unique properties. Fats: Traditional fats like butter, margarine, and ghee remain staples in Australian kitchens, commonly used in baking, cooking, and as table spreads. The market also sees growth in specialized fat blends tailored to specific dietary needs. Specialty Oils & Fats: The market is witnessing a rise in specialty oils and fats, including those enriched with specific nutrients, organic options, and those catering to specific dietary restrictions or preferences. Recent developments include: November 2021: Cargill has started construction on a USD 35 million expansion of its production facility in Port Klang, Malaysia to meet growing customer demand for specialty fats. This is the first step in a multi-year, global investment expected to exceed US$100 million aimed to significantly expand the company’s global portfolio in specialty fats., July 2021: ADM expanded its product portfolio in vegetable oil to meet ‘green diesel’ demand.. Key drivers for this market are: Growing consumer demand for healthier cooking oils and fats 36, Expansion of food service and hospitality industries 36. Potential restraints include: Environmental regulations limit disposal methods for oil byproducts 38, High transportation costs affect distribution and overall market competitiveness 38. Notable trends are: Increasing DIY Baking Trend.

Food Manufacturers: Generate large volumes of used cooking oil, and effective collection and recycling programs are crucial.HORECA: A major source of used cooking oil, with restaurants, hotels, and cafes contributing significantly to the market.Household: Residential consumers generate a substantial amount of used cooking oil, and awareness campaigns promote responsible disposal practices. Recent developments include: There have been no recent developments by the company in the Australia used cooking oil market.. Key drivers for this market are: INCREASING AWARENESS OF ENVIRONMENTAL IMPACT AND SUSTAINABILITY PRACTICES 36, GROWING DEMAND FOR BIOFUELS IN TRANSPORTATION AND INDUSTRIAL SECTORS 37. Potential restraints include: HIGH COSTS ASSOCIATED WITH COLLECTION, TRANSPORTATION, AND RECYCLING PROCESSES 39, COMPETITION FROM ALTERNATIVE FUEL SOURCES AND SUBSTITUTES IN INDUSTRIES 39. Notable trends are: Increasing Demand for Biodiesel.

Australia Edible Oils Market is a critical segment of the global food industry, comprising a variety of oils extracted from plants, animals, and seeds, used in cooking, food preparation, and food processing.

Discover the projected growth of the vegetable oils market in Australia, driven by increasing demand. By 2035, market volume is expected to reach 67K tons and market value to hit $147M.

The Australia vegetable oils market size reached USD 645.00 Million in 2024. The market is expected to grow at a CAGR of 4.70% between 2025 and 2034, reaching USD 1021.00 Million by 2034.

Market Size statistics on the Cooking Oil and Margarine Manufacturing industry in Australia

Cooking Oils (Oils and Fats) Market in Australia – Outlook to 2025; Market Size, Growth and Forecast Analytics is a broad level market review of Oils market in Australia. Read More

In the fiscal year 2024, approximately **** kilograms of olive oil were consumed per capita in Australia, a decrease from the previous year. Most of the olives produced across the country are grown for olive oil production.

After four years of growth, the Australian vegetable oils market decreased by -1.4% to $113M in 2024. In general, consumption recorded a pronounced reduction. Over the period under review, the market reached the maximum level at $159M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

The global Edible Oils and Fats industry is estimated to be worth USD 138.0 Billion by 2025. It is anticipated to reach USD 261.5 Billion by 2035, reflecting a CAGR of 6.6% over the assessment period 2025 to 2035.

Attributes	Description
Estimated Global Edible Oils and Fats Industry Size (2025E)	USD 138.0 billion
Projected Global Edible Oils and Fats Industry Value (2035F)	USD 261.5 billion
Value-based CAGR (2025 to 2035)	6.6%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	7.1%
UK	5.3%
France	5.1%
Germany	5.5%
Italy	4.9%
South Korea	5.7%
Japan	6.5%
China	5.5%
Australia	5.2%
New Zealand	5.0%

Segment-wise Analysis

Segment	Value Share (2025)
Vegetable Seed Oil	31.2%

Segment	Value Share (2025)
Liquid (Form)	63.4%

Competitive Outlook

Company Name	Estimated Market Share (%)
Cargill, Incorporated	20-24%
Archer Daniels Midland (ADM)	18-22%
Wilmar International Limited	15-19%
Bunge Limited	12-16%
Fuji Oil Company, Ltd.	8-12%
Other Companies (Combined)	30-40%

The size of the Europe and Asia Pacific Used Cooking Oil Market was valued at USD 2.40 USD Billion in 2023 and is projected to reach USD 4.55 USD Billion by 2032, with an expected CAGR of 9.57% during the forecast period. The cooking oil market plays a vital role in the global food and beverage industry, serving as a key ingredient for culinary applications across households, foodservice, and industrial sectors. Cooking oils are derived from various plant and animal sources, including seeds, nuts, fruits, and animal fats, and are essential for frying, baking, and flavoring. The market is primarily driven by the increasing use of used cooking oil in the biofuel industry, the rising demand for renewable energy, and the growing awareness of environmental sustainability. Recent developments include: March 2022: Aris Bioenergy announced it would invest USD 30.44 million in its biodiesel plant. The company plans to set up 20 bio-diesel plants over the next 5-6 years, and it is in the final stages of setting up its first plant near Khopoli, an industrial township located in Maharashtra., February 2022: 'St1 Nordic Oy', an energy company based in Finland, acquired 100% of Brocklesby Ltd. Brocklesby is an expert in recycling used cooking oil and fatty food waste., November 2020: Lengis Hijau launched the Green School Bio Bus to transform transportation in Bali and inspire the world to live sustainably and educate dynamically. Its mission is to provide sustainable transport services and spread awareness about health and waste problems associated with using used cooking., October 2020:, Veolia Environment S.A. acquired a 29.9% stake in Suez S.A. Veolia offers energy, waste, and water management systems. Suez offers resource recovery, waste management, and water management services in Australia., January 2020: BioD Energy, an Indian biodiesel producer, announced starting two new biodiesel processing plants that manufacture biodiesel using waste cooking oil. Since its inception in 2018, the company has sold over 15 million liters of biodiesel until 2020.. Key drivers for this market are: Increased Canned Seafood Adoption due to Its Higher Shelf Life to Drive Market Growth. Potential restraints include: Lack of Awareness and Challenges Faced in Processing of UCO to Impede Market Growth. Notable trends are: Rising Technological Advancements in Aquaculture Industry to Fuel Market Growth.

In 2023, the amount of vegetable fats and oils imported into Australia contracted to 10K tons, with a decrease of -12.2% compared with the year before.

The Australia Fish Oil market is estimated to be worth USD 45.3 million by 2025 and is projected to reach a value of USD 233.3 million by 2035, growing at a CAGR of 17.8% over the assessment period 2025 to 2035

Metric	Values
Industry Size (2025)	USD 45.3 million
Industry Value (2035)	USD 233.3 million
Value-based CAGR (2025 to 2035)	17.8%

The global organic edible oil market is set to experience USD 3.7 billion in 2025. The industry is poised to depict 9.2% CAGR from 2025 to 2035, reaching USD 8.8 billion by 2035.

Metrics	Values
Industry Size (2025E)	USD 3.7 billion
Industry Value (2035F)	USD 8.8 billion
CAGR (2025 to 2035)	9.2%

Semi-Annual Industry Update

Particular	Value CAGR
H1 (2024 to 2034)	8.9%
H2 (2024 to 2034)	9.3%
H1 (2025 to 2035)	9.0%
H2 (2025 to 2035)	9.5%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	8.5%
UK	7.2%
France	7.0%
Germany	7.5%
Italy	6.8%
South Korea	6.5%
Japan	6.8%
China	9.0%
Australia	7.3%
New Zealand	7.1%

Segment-wise Analysis

Segment	Value Share (2025)
Olive oil	28%

Segment	Value Share (2025)
Online Retail Stores	35%

Competitive Outlook

Company Name	Estimated Industry Share (%)
Wilmar International	20-25%
Cargill	18-22%
Archer Daniels Midland (ADM)	15-19%
Bunge Limited	10-14%
Olam International	8-12%
Nutiva	6-9%
EFKO Group	5-7%
Daabon Organic	4-6%
California Olive Ranch	3-5%
NOW Foods	2-4%
Other Companies (Combined)	15-20%

In 2024, after four years of growth, there was decline in the vegetable oils market in Australia and Oceania, when its value decreased by -2.5% to $147M. Overall, consumption recorded a pronounced reduction. Over the period under review, the market hit record highs at $216M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

Global Oils (Oils and Fats) Market – Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Oils market of Global covering 23 Countries Australia, China, Japan, South Korea, France, Germany, Italy, Spain, United Kingdom, Canada, Mexico, United States, Argentina, Brazil, Colombia, Peru, Chile, Egypt, Israel, Saudi Arabia, South Africa and United Arab Emirates. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 covering key market aspects like Sales Value and Volume for Oils and its variants Cooking Sprays, Corn Oil, Olive Oil, Other Edible Oils, Sunflower Oil, Vegetable Oil. Read More