Oils & Fats in Australia
Summary
Oils & Fats in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oils & fats market consist of the retail sale of edible oils and solid fats. The oils segment consists of cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, and other edible oils. The solid fats segment consists of compound cooking fats (CCF), ghee, lard, shortening, and other solid fats. The market is valued according to the retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The Australian Oils & Fats market had total revenues of $1,985.6 million in 2023, representing a compound annual growth rate (CAGR) of 7.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.6% between 2018 and 2023, to reach a total of 413.4 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 4.7% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $2,495.8 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oils & fats market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in Australia
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia oils & fats market with five year forecasts
- What was the size of the Australia oils & fats market by value in 2023?
- What will be the size of the Australia oils & fats market in 2028?
- What factors are affecting the strength of competition in the Australia oils & fats market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's oils & fats market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Australian oils & fats market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. What are the most popular brands in the Australian oils & fats market?
- 8 Company Profiles
- 8.1. B&G Foods Inc
- 8.2. Deoleo SA
- 8.3. Conga Foods Pty Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Australia oils & fats market value: $ million, 2018-23
- Table 2: Australia oils & fats market volume: million kilograms, 2018-23
- Table 3: Australia oils & fats market category segmentation: % share, by value, 2018-2023
- Table 4: Australia oils & fats market category segmentation: $ million, 2018-2023
- Table 5: Australia oils & fats market geography segmentation: $ million, 2023
- Table 6: Australia oils & fats market distribution: % share, by value, 2023
- Table 7: Australia oils & fats market value forecast: $ million, 2023-28
- Table 8: Australia oils & fats market volume forecast: million kilograms, 2023-28
- Table 9: Australia oils & fats market share: % share, by value, 2023
- Table 10: B&G Foods Inc: key facts
- Table 11: B&G Foods Inc: Annual Financial Ratios
- Table 12: B&G Foods Inc: Key Employees
- Table 13: B&G Foods Inc: Key Employees Continued
- Table 14: Deoleo SA: key facts
- Table 15: Deoleo SA: Annual Financial Ratios
- Table 16: Deoleo SA: Key Employees
- Table 17: Conga Foods Pty Ltd: key facts
- Table 18: Conga Foods Pty Ltd: Key Employees
- Table 19: Australia size of population (million), 2019-23
- Table 20: Australia real gdp (constant 2010 prices, $ billion), 2019-23
- Table 21: Australia gdp (current prices, $ billion), 2019-23
- Table 22: Australia inflation, 2019-23
- Table 23: Australia consumer price index (absolute), 2019-23
- Table 24: Australia exchange rate, 2018-23
- List of Figures
- Figure 1: Australia oils & fats market value: $ million, 2018-23
- Figure 2: Australia oils & fats market volume: million kilograms, 2018-23
- Figure 3: Australia oils & fats market category segmentation: $ million, 2018-2023
- Figure 4: Australia oils & fats market geography segmentation: % share, by value, 2023
- Figure 5: Australia oils & fats market distribution: % share, by value, 2023
- Figure 6: Australia oils & fats market value forecast: $ million, 2023-28
- Figure 7: Australia oils & fats market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the oils & fats market in Australia, 2023
- Figure 9: Drivers of buyer power in the oils & fats market in Australia, 2023
- Figure 10: Drivers of supplier power in the oils & fats market in Australia, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the oils & fats market in Australia, 2023
- Figure 12: Factors influencing the threat of substitutes in the oils & fats market in Australia, 2023
- Figure 13: Drivers of degree of rivalry in the oils & fats market in Australia, 2023
- Figure 14: Australia oils & fats market share: % share, by value, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook