The Australia vegetable oils market size reached USD 675.32 Million in 2025. The market is expected to grow at a CAGR of 4.70% between 2026 and 2035, reaching USD 1069.00 Million by 2035.
Base Year
Historical Period
Forecast Period
In 2024, Australia's livestock count reaches 26 million as per the latest stats from the Australian Bureau of Statistics.
Each year, Australia consumes more than 600,000 tons of oils, mainly in food, according to the Australia Oilseeds Federation.
The USDA predicts Canola output at 3.9 million metric tons in 2021/22, influencing the Australia vegetable oils market.
Compound Annual Growth Rate
4.7%
Value in USD Million
2026-2035
*this image is indicative*
In the Australia vegetable oils market growth, food applications often prefer these oils as a healthier substitute for animal fats in cooking as these oils are rich in unsaturated fats, known for their heart-healthy properties
In the food industry, vegetable oils are favoured for their heart-healthy properties due to their unsaturated fats. They contain crucial omega-3 and omega-6 fatty acids, promoting overall health. These oils, such as sunflower and palm, are extensively used in various foods, extending their shelf life, meeting dietary preferences, appealing to health-conscious consumers, and reflecting global culinary trends.
Similarly, the AOOA's "Get Drizzling" campaign, initiated in October 2023, highlighted the health benefits and culinary versatility of all grades of olive oil, showing early success. The campaign encouraged Australians, including those with a penchant for ice cream, to adopt olive oil in their cooking routines.
In the feed industry, vegetable oils play a crucial role as nutritional supplements for livestock. They offer essential fatty acids and energy necessary for livestock growth. These oils enhance feed formulations, providing a dense energy source, improving feed efficiency, supporting livestock health, aligning with sustainability practices, and acting as alternative protein sources for aquaculture.
Australia Vegetable Oils Market Report and Forecast 2026 to 2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Region
The Australia vegetable oils market key players are:
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The market was valued at USD 675.32 Million in 2025.
The market is projected to grow at a CAGR of 4.70% between 2026 and 2035.
The revenue generated from the market is expected to reach USD 1069.00 Million in 2035.
The vegetable oils market is categorised according to type, which includes soybean oil, palm oil, olive oil, sunflower oil, and others.
The key players are Archer-Daniels-Midland Company, Bunge Global SA, Cargill Inc., Louis Dreyfus Company B.V. and Wilmar International Limited among others.
Based on the application, the market is divided into food, feed and industrial.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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 Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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