Australia Onion Seed Market Report and Forecast 2024-2032

Australia Onion Seed Market Outlook

The Australia onion seed market size reached USD 19.52 million in 2023. The market is expected to grow at a CAGR of 2.84% between 2024 and 2032, reaching almost USD 24.92 million by 2032.             

Key Takeaways:  

• According to the Department of Agriculture, Fisheries, and Forestry, Australia's agriculture sector contributed 2.7% to GDP and 2.2% to employment in 2022-23, bolstering Australia onion seed market.

• According to findings from the AUSVEG report, onion production reached a value of $248.7 million in 2023, with 266,429 tons produced, and 9% earmarked for processing.

• The 2023 AUSVEG report indicated a wholesale value of $258.0 million for the onion fresh supply, with $185.1 million for retail and $72.9 million for food service.

Hybrids are contributing significantly to the Australia onion seed market growth, as they demonstrate hybrid vigour or heterosis, leading to increased yields compared to their original varieties, allowing farmers to cultivate more onions per area and thereby improving overall productivity

Hybrid seeds provide higher yields through vigour, consistency in size, shape, and colour, disease resistance reducing the need for pesticides, extended shelf life, and early maturation to facilitate timely harvesting, especially in shorter growing periods.

The onion seed market flourishes due to a variety of seeds meeting farmers' requirements, risk management via diverse technologies, improved sustainability, preservation of genetic diversity, and consumer contentment with high-quality and distinctive varieties.

Based on the AUSVEG report, the onion production in 2023 amounted to USD 248.7 million, with a total output of 266,429 tons valued at the same amount, of which 9% was allocated for processing.

According to the AUSVEG report for 2023, the onion fresh supply's wholesale value totalled USD 258.0 million, with USD 185.1 million allocated to retail distribution and USD 72.9 million to food service, thereby contributing to the Australia onion seed market.

As per the Department of Agriculture, Fisheries, and Forestry, the agricultural sector of Australia contributed 2.7% to the value added (GDP) and 2.2% to employment in 2022-23, thereby supporting the increased production of onions and the demand of the Australia onion seed market.

Market Segmentation

Australia Onion Seed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Breeding Technology

• Hybrids
• Open Pollinated Varieties and Hybrid Derivatives

Market Breakup by Region 

• New South Wales 
• Victoria 
• Queensland 
• Australian Capital Territory 
• Western Australia 
• Others

The Australia onion seed market competitiveness is boosted by the company offering a range of suitable products and seeds to diversified crop market gardeners for creating productive bio-intensive farming systems, catering to industry needs.

The key players in the Australia onion seed market are Active Vista Pty Ltd., Terranova Seeds Pty Limited, Eden Seeds, Direct Compost Solutions Pty Ltd. (ABSeeds), and Magnus Kahl Seeds Pty Ltd. among others.

Key Highlights of the Report