Australia Canola Seeds Market Report and Forecast 2025-2034

Australia Canola Seeds Market Outlook

The Australia canola seeds market size is projected to grow at a CAGR of 5.8% between 2025 and 2034.

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 2025-2034 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