Market by Type and Distribution Channel | Forecast 2023-2028
Triton Market Research’s report predicts that
the market for edible oil in Australia would witness a CAGR of 4.84% in revenue and 3.76% in volume over the forecast period 2023-2028. It is
anticipated to generate $XX million in revenue and XX million liters in volume
by 2028.
Edible oil, also known as cooking oil, is a fat
obtained from plants, animals, or microorganisms. It comprises triglycerides
that are made up of three fatty acids and one unit of glycerol. At room
temperature, edible oils are suitable for food. Olive
oil, palm oil, soybean oil, canola oil, and sunflower oil are some common
edible oils used to add flavor to food.
The nutritious value of food is enhanced by
the inclusion of oils and fats. In this regard, they provide an intensive
energy source and essential nutrients, such as vitamins A and D. Moreover, they
act as a heat transfer medium at high temperatures, such as frying. These oils
also enhance taste sensation in spreads and salad dressings, adding flavor and
texture to various foods. Food Standards Australia New Zealand (FSANZ)
supervises the manufacture, packaging, and distribution of edible oils in
Australia.
The region is largely benefitting as large
multinationals across Western Australia invest in research and development, processing,
sales, and marketing due to increased edible oil demands. Besides this, state
and federal government agencies and departments have invested heavily in the
industry through research, grants, education, and support. The country also has
innate desirable factors such as large farming units with modern farming,
handling, and processing facilities. Hence, the factors mentioned above propel
the growth of the Australian edible oil market.
However, numerous key players face problems
regarding the supply chain resulting in high operational costs. The market has
been impacted by global market volatility and unit price growth in edible oils. Nevertheless, as the value of Australian
olives surges, there is an opportunity for local olive producers and
manufacturers to drive the studied market’s growth.
Triton Market Research’s report provides
in-depth insight into the Australia edible oil market, along with segmentation
analysis. The detailed analysis of the market includes PESTLE and value chain
analysis. The segmentation analysis of the Australia edible oil market includes
market by type and distribution channel.
The prominent players in the edible oil market
are Aldi Stores Supermarkets Pty Ltd, Boundary Bend Ltd, Conga Foods Pty Ltd,
Woolworths Group Ltd, and Goodman Fielder Ltd.
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VIEW REPORT1. AUSTRALIA
EDIBLE OIL MARKET - SUMMARY
1.1. MARKET
SIZE & FORECASTS
1.2. MARKET
DRIVING ASPECTS
1.3. MARKET
RESTRAINING ASPECTS
1.4. KEY
PLAYERS
2. AUSTRALIA
EDIBLE OIL MARKET OUTLOOK
2.1. MARKET
DEFINITION
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. VALUE
CHAIN ANALYSIS
2.6. IMPACT
OF COVID-19 ON THE AUSTRALIA EDIBLE OIL MARKET
3. AUSTRALIA
EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE
OIL
3.2. CORN
OIL
3.3. RAPESEED
OIL
3.4. SUNFLOWER
OIL
3.5. OTHER
EDIBLE OILS
4. AUSTRALIA
EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL
CHANNEL
4.2. E-COMMERCE
5. COMPETITIVE
LANDSCAPE
5.1. ALDI
STORES SUPERMARKETS PTY LTD
5.2. BOUNDARY
BEND LTD
5.3. CONGA
FOODS PTY LTD
5.4. COLES
GROUP LTD
5.5. WOOLWORTHS
GROUP LTD
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: AUSTRALIA
EDIBLE OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: AUSTRALIA
EDIBLE OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: AUSTRALIA –
COUNTRY SNAPSHOT
TABLE 4: AUSTRALIA
EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: AUSTRALIA
EDIBLE OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: AUSTRALIA
EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 1: AUSTRALIA
EDIBLE OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: AUSTRALIA
EDIBLE OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN
ANALYSIS
FIGURE 4: AUSTRALIA
EDIBLE OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: AUSTRALIA
EDIBLE OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: AUSTRALIA
EDIBLE OIL MARKET, BY CORN OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: AUSTRALIA
EDIBLE OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 8: AUSTRALIA
EDIBLE OIL MARKET, BY SOY OIL, 2023-2028 (IN $ MILLION)
FIGURE 9: AUSTRALIA
EDIBLE OIL MARKET, BY SUNFLOWER OIL, 2023-2028 (IN $ MILLION)
FIGURE 10: AUSTRALIA
EDIBLE OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 11: AUSTRALIA
EDIBLE OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 12: AUSTRALIA
EDIBLE OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 13: AUSTRALIA
EDIBLE OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)