The Australia cooking oil market size is expected to grow at a CAGR of 4.70% between 2026 and 2035.
Base Year
Historical Period
Forecast Period
Canola and cottonseed, as Australia's primary oilseed crops, dominate local production, contributing to over 90% of the total output. The country's oilseed industry is characterised by its dynamic and diverse nature, encompassing various crops such as soy, sunflower, safflower, peanut, and linseed/linola.
According to industry reports, Australia plays a significant role in the global canola trade, exporting over one million tonnes annually to markets including Japan, Europe, China, and Pakistan.
Consumption trends reflect a growing preference for healthier options, particularly canola and high oleic oils, with soft oils commanding over half of the total fats and oils market share. Canola stands out as the most favoured soft oil, constituting approximately 45% of total soft oils consumption in Australia.
Compound Annual Growth Rate
4.7%
2026-2035
*this image is indicative*
The cooking oil market in Australia encompasses oils extracted from plants and nuts for cooking and food preparation, rich in triglycerides comprising three fatty acids and glycerol. Common oils like olive, palm, soybean, canola, and sunflower enhance food flavour and nutritional value, providing essential vitamins and acting as a heat transfer medium for frying.
Food Standards Australia New Zealand oversees their production and distribution. Multinationals in Western Australia invest in R&D, processing, and marketing due to rising demand, supported by government investments in research, grants, and infrastructure. Despite supply chain challenges and global market volatility, the sector sees potential, especially with increasing demand for organic health-based products.
Olive and coconut oils gain traction in bakery applications for their neutral taste, while non-GMO oils like sunflower and olive witness growing demand. Palm oil, though widely used, faces scrutiny due to deforestation concerns, prompting demand for palm oil-free certifications. Australia's oilseed industry, primarily producing canola and cottonseed, exports significant volumes globally, meeting stringent quality standards and catering to various sectors, including cooking, dairy, cosmetics, and industrial applications. Industry advancements, including selective breeding programs and high-quality storage facilities, ensure Australian canola meets global standards, offering clean and high-quality products sought by health-conscious consumers and diverse industries while aiding the Australian cooking oil market development.
"Australia Cooking Oil Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
Companies involved this market are consistently doing innovation in product quality, variety, usage, and other attributes to maintain a strong foothold in the market.
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The market is projected to grow at a CAGR of 4.70% between 2026 and 2035.
The market is categorised according to its application, which includes bakery and confectionery, snack foods, salads, margarine, fillings and spreads and others.
The key market players are Plenty Foods Pty Ltd., Cobram Estate Olives Limited, Koala Gold, Grampians Olive Co., Alba Edible Oils, and others.
The market is driven by factors that include rising investments in R&D activities, growing government initiatives, and increasing demand for organic health-based products, among others.
The various distribution channels studied in the market are supermarkets and hypermarkets, convenience stores, online channels and others.
Each year, Australia yields a crucial oilseed crop, essential for a healthy diet, including canola, sunflower, soybean, and cottonseed oils. These economically accessible oils are extracted from nature's finest seeds through crushing and pressing methods, ensuring the retention of their essential nutrients.
Typically, the top 10 largest producers of edible oil worldwide comprise China, India, the United States, Indonesia, Argentina, Brazil, Malaysia, Russia, Ukraine, and the European Union.
United States, China, and India account for the largest share of cooking oil consumption globally.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| 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 Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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