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Report

Australia Fats & Oils Market Research Report Forecast till 2032

Market Report I 2024-04-18 I 101 Pages I Market Research Future

Australia Fats & Oils Market Research Report Forecast till 2032
Market Segmentation
The Australian fats and oils market is driven by factors such as changing consumer preferences, health consciousness, and evolving food industry trends. Over the past few years, the market has experienced steady growth attributed to the increasing demand for healthier cooking oils, rising awareness regarding the benefits of plant-based oils, and the growing food processing industry. Consumers are becoming more health-conscious, leading to a shift towards oils with higher nutritional value, such as olive oil, avocado oil, and coconut oil, while traditional options like canola and sunflower oil continue to maintain their popularity.
Furthermore, the market is witnessing significant innovation and product development efforts from key players aimed at catering to diverse consumer demands. These efforts include the introduction of organic, non-GMO, and sustainably sourced oils, as well as the development of specialty oils targeting niche segments of the market. Additionally, the Australian fats and oils market is influenced by regulatory standards and initiatives promoting transparency, sustainability, and responsible sourcing practices throughout the supply chain.
The Australia fats & oil market is expected to register a CAGR of 3.78% over the forecast duration.
Market Segmentation
Based on the type, the market has been segmented into oil and fats. Among them, oil segment is the largest segment of the market accounting for 73.32% of the Australian market in 2022.
Based on end user, Australia fats & oil market has segmented into residential and commercial.
Based on the source, the market has been segmented into plant (canola, olive, cottonseed and others), animal (pig, cattle, sheep and others).
Based on sales channel, Australia fats & oil market has segmented into direct and indirect.
Based on the application, the market has been segmented into food & beverages, bakery (chocolate & confectionery, culinary, dairy & frozen desserts and others), cosmetics & personal care, animal feed, pharmaceuticals and others.
Major Players
Cargill, Incorporated, Wilmar International Ltd, Archer Daniels Midland Company, Unilever Plc, and Associated British Foods Plc.

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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
2 MARKET INTRODUCTION 18
2.1 DEFINITION 18
2.2 SCOPE OF THE STUDY 18
2.3 RESEARCH OBJECTIVE 18
2.4 MARKET STRUCTURE 19
3 RESEARCH METHODOLOGY 20
3.1 OVERVIEW 20
3.2 DATA FLOW 22
3.2.1 Data Mining Process 22
3.3 PURCHASED DATABASE: 23
3.4 SECONDARY SOURCES: 24
3.4.1 Secondary Research data flow: 25
3.5 PRIMARY RESEARCH: 26
3.5.1 Primary Research DATA FLOW: 27
3.5.2 Primary Research: Number of Interviews conducted 28
3.6 APPROACHES FOR MARKET SIZE ESTIMATION: 28
3.6.1 Revenue Analysis Approach 28
3.7 DATA FORECASTING 29
3.7.1 Data forecasting Type 29
3.8 DATA MODELING 30
3.8.1 microeconomic factor analysis: 30
3.8.2 Data modeling: 31
3.9 TEAMS AND ANALYST CONTRIBUTION 33
4 MARKET DYNAMICS 35
4.1 INTRODUCTION 35
4.2 DRIVERS 36
4.2.1 Growing consumer demand for healthier cooking oils and fats 36
4.2.2 Expansion of food service and hospitality industries 36
4.3 RESTRAINTS 38
4.3.1 Environmental regulations limit disposal methods for oil byproducts 38
4.3.2 High transportation costs affect distribution and overall market competitiveness 38
4.4 OPPORTUNITY 41
4.4.1 Shift towards premium oils for culinary and cosmetic purposes 41
4.4.2 Demand for specialized oils: grapeseed, macadamia, and sesame 41
4.5 CHALLENGES 42
4.5.1 Climate change affecting oilseed yields, impacting supply chain logistics 42
4.6 REGULATORY UPDATE 43
5 MARKET FACTOR ANALYSIS 44
5.1 VALUE CHAIN ANALYSIS 44
5.1.1 Raw Material Sourcing and Extraction 44
5.1.2 Refinement and Packaging 45
5.1.3 Distribution 45
5.1.4 end-user 46
5.2 PORTER'S FIVE FORCES MODEL 47
5.2.1 THREAT OF NEW ENTRANTS 47
5.2.2 BARGAINING POWER OF SUPPLIERS 48
5.2.3 BARGAINING POWER OF BUYERS 48
5.2.4 THREAT OF SUBSTITUTES 48
5.2.5 INTENSITY OF RIVALRY 48
5.3 IMPACT ANALYSIS OF COVID-19 49
5.3.1 Impact on Supply Chain 49
5.3.2 Supply-Demand Imbalance 49
5.3.3 Production Constraints Impact on Application Area 50
5.3.4 Impact on Application Area 50
5.4 STRATEGIC INSIGHTS : TECHNOLOGY UPDATE 51
5.5 CONSUMER BEHAVIOR ANALYSIS 51
6 AUSTRALIA FATS AND OIL MARKET, BY TYPE 54
6.1 OVERVIEW 54
7 AUSTRALIA FATS AND OIL MARKET, BY END USER 57
7.1 OVERVIEW 57
8 AUSTRALIA FATS AND OIL MARKET, BY SOURCE 60
8.1 OVERVIEW 60
9 AUSTRALIA FATS AND OIL MARKET, BY SALES CHANNEL 63
9.1 OVERVIEW 63
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10 AUSTRALIA FATS AND OIL MARKET, BY APPLICATION 66
10.1 OVERVIEW 66
11 COMPETITIVE LANDSCAPE 70
11.1 COMPETITIVE OVERVIEW 70
11.2 MAJOR PLAYERS IN THE AUSTRALIA FATS & OIL MARKET 70
11.3 COMPETITIVE BENCHMARKING 71
11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 72
11.4.1 Product Launch/Product Development/Expansion/Joint Venture 72
12 COMPANY PROFILES 73
12.1 CARGILL, INCORPORATED 73
12.1.1 Company Overview 73
12.1.2 Financial Overview 73
12.1.3 Products/Services Offered 73
12.1.4 Key Developments 74
12.1.5 SWOT Analysis 74
12.1.6 Key Strategies 74
12.2 BUNGE LIMITED 75
12.2.1 COMPANY OVERVIEW 75
12.2.2 FINANCIAL OVERVIEW 76
12.2.3 PRODUCTS OFFERED 76
12.2.4 KEY DEVELOPMENTS 77
12.2.5 SWOT ANALYSIS 77
12.2.6 KEY STRATEGIES 77
12.3 WILMAR INTERNATIONAL LTD 78
12.3.1 COMPANY OVERVIEW 78
12.3.2 FINANCIAL OVERVIEW 79
12.3.3 PRODUCTS OFFERED 79
12.3.4 KEY DEVELOPMENTS 80
12.3.5 SWOT ANALYSIS 80
12.3.6 KEY STRATEGIES 80
12.4 ARCHER DANIELS MIDLAND COMPANY 81
12.4.1 COMPANY OVERVIEW 81
12.4.2 FINANCIAL OVERVIEW 82
12.4.3 PRODUCTS OFFERED 82
12.4.4 Key Developments 83
12.4.5 SWOT ANALYSIS 83
12.4.6 KEY STRATEGIES 83
12.5 MEWAH INTERNATIONAL INC 84
12.5.1 COMPANY OVERVIEW 84
12.5.2 FINANCIAL OVERVIEW 84
12.5.3 PRODUCTS OFFERED 85
12.5.4 KEY DEVELOPMENTS 85
12.5.5 SWOT ANALYSIS 85
12.5.6 KEY STRATEGIES 85
12.6 FUJI OIL HOLDINGS INC. 86
12.6.1 COMPANY OVERVIEW 86
12.6.2 FINANCIAL OVERVIEW 86
12.6.3 PRODUCTS OFFERED 87
12.6.4 KEY DEVELOPMENTS 87
12.6.5 SWOT ANALYSIS 87
12.6.6 KEY STRATEGIES 87
12.7 PREMIUM VEGETABLE OILS SDN BHD 88
12.7.1 Company Overview 88
12.7.2 Financial Overview 88
12.7.3 Products/Services Offered 88
12.7.4 KEY DEVELOPMENTS 88
12.7.5 SWOT Analysis 89
12.7.6 Key Strategies 89
12.8 3F INDUSTRIES LIMITED 90
12.8.1 Company Overview 90
12.8.2 Financial Overview 90
12.8.3 Products/Services Offered 90
12.8.4 KEY DEVELOPMENTS 90
12.8.5 SWOT Analysis 91
12.8.6 Key Strategies 91
12.9 UNILEVER PLC 92
12.9.1 Company Overview 92
12.9.2 FINANCIAL OVERVIEW 92
12.9.3 Products/Services Offered 93
12.9.4 Key Developments 93
12.9.5 SWOT ANALYSIS 93
12.9.6 KEY STRATEGIES 94
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12.10 ASSOCIATED BRITISH FOODS PLC 95
12.10.1 Company Overview 95
12.10.2 FINANCIAL OVERVIEW 95
12.10.3 Products/Services Offered 96
12.10.4 KEY DEVELOPMENTS 96
12.10.5 SWOT ANALYSIS 96
12.10.6 KEY STRATEGIES 96
13 APPENDIX 97
13.1 REFERENCES 97
13.2 DATA CITATIONS 99

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LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 31
TABLE 2 AUSTRALIA FATS AND OIL MARKET, BY TYPE, 2019-2032 (USD MILLION) 55
TABLE 3 AUSTRALIA FATS AND OIL MARKET, BY END USER, 2019-2032 (USD MILLION) 58
TABLE 4 AUSTRALIA FATS AND OIL MARKET, BY SOURCE, 2019-2032 (USD MILLION) 62
TABLE 5 AUSTRALIA FATS AND OIL MARKET, BY SALES CHANNEL, 2019-2032 (USD MILLION) 64
TABLE 6 AUSTRALIA FATS AND OIL MARKET, BY APPLICATION, 2019-2032 (USD MILLION) 69
TABLE 7 MAJOR PLAYERS IN THE AUSTRALIA FATS & OIL MARKET 70
TABLE 8 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/EXPANSION/JOINT VENTURE 72
TABLE 9 CARGILL, INCORPORATED: PRODUCTS/SERVICES OFFERED 73
TABLE 10 CARGILL, INCORPORATED: KEY DEVELOPMENTS 74
TABLE 11 BUNGE LIMITED: PRODUCTS OFFERED 76
TABLE 12 WILMAR INTERNATIONAL LTD: PRODUCTS OFFERED 79
TABLE 13 ARCHER DANIELS MIDLAND COMPANY: PRODUCTS OFFERED 82
TABLE 14 ARCHER DANIELS MIDLAND COMPANY: KEY DEVELOPMENTS 83
TABLE 15 MEWAH INTERNATIONAL INC: PRODUCTS OFFERED 85
TABLE 16 FUJI OIL HOLDINGS INC.: PRODUCTS OFFERED 87
TABLE 17 PREMIUM VEGETABLE OILS SDN BHD: PRODUCTS/SERVICES OFFERED 88
TABLE 18 3F INDUSTRIES LIMITED: PRODUCTS/SERVICES OFFERED 90
TABLE 19 UNILEVER PLC: PRODUCTS OFFERED 93
TABLE 20 UNILEVER PLC: KEY DEVELOPMENTS 93
TABLE 21 ASSOCIATED BRITISH FOODS PLC: PRODUCTS OFFERED 96

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LIST OF FIGURES
FIGURE 1 AUSTRALIA FATS & OIL MARKET: EXECUTIVE SUMMARY 16
FIGURE 2 AUSTRALIA FATS & OIL MARKET: STRUCTURE 19
FIGURE 3 AUSTRALIA FATS & OIL MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032) 35
FIGURE 4 DRIVER IMPACT ANALYSIS (2023-2032) 37
FIGURE 5 RESTRAINT IMPACT ANALYSIS (2022-2032) 39
FIGURE 6 VALUE CHAIN ANALYSIS OF THE AUSTRALIA FATS & OIL MARKET 44
FIGURE 7 PORTER'S FIVE FORCES ANALYSIS: AUSTRALIA FATS & OIL MARKET 47
FIGURE 8 AUSTRALIA FATS AND OIL MARKET, TYPE SEGMENT ATTRACTIVENESS, 2019-2032 (USD MILLION) 55
FIGURE 9 AUSTRALIA FATS AND OIL MARKET, BY TYPE, 2022 & 2032 (USD MILLION) 55
FIGURE 10 AUSTRALIA FATS AND OIL MARKET SHARE (%), BY TYPE, 2022 56
FIGURE 11 AUSTRALIA FATS AND OIL MARKET, END USER SEGMENT ATTRACTIVENESS, 2019-2032 (USD MILLION) 58
FIGURE 12 AUSTRALIA FATS AND OIL MARKET, BY END USER, 2022 & 2032 (USD MILLION) 58
FIGURE 13 AUSTRALIA FATS AND OIL MARKET SHARE (%), BY END USER, 2022 59
FIGURE 14 AUSTRALIA FATS AND OIL MARKET, SOURCE SEGMENT ATTRACTIVENESS, 2019-2032 (USD MILLION) 61
FIGURE 15 AUSTRALIA FATS AND OIL MARKET, BY SOURCE, 2022 & 2032 (USD MILLION) 61
FIGURE 16 AUSTRALIA FATS AND OIL MARKET SHARE (%), BY SOURCE, 2022 62
FIGURE 17 AUSTRALIA FATS AND OIL MARKET, SALES CHANNEL SEGMENT ATTRACTIVENESS, 2019-2032 (USD MILLION) 64
FIGURE 18 AUSTRALIA FATS AND OIL MARKET, BY SALES CHANNEL, 2022 & 2032 (USD MILLION) 64
FIGURE 19 AUSTRALIA FATS AND OIL MARKET SHARE (%), BY SALES CHANNEL, 2022 65
FIGURE 20 AUSTRALIA FATS AND OIL MARKET, APPLICATION SEGMENT ATTRACTIVENESS, 2019-2032 (USD MILLION) 68
FIGURE 21 AUSTRALIA FATS AND OIL MARKET, BY APPLICATION, 2022 & 2032 (USD MILLION) 68
FIGURE 22 AUSTRALIA FATS AND OIL MARKET SHARE (%), BY APPLICATION, 2022 69
FIGURE 23 BENCHMARKING OF MAJOR COMPETITORS 71
FIGURE 24 CARGILL, INCORPORATED: SWOT ANALYSIS 74
FIGURE 25 BUNGE LIMITED: FINANCIAL OVERVIEW SNAPSHOT 76
FIGURE 26 BUNGE LIMITED: SWOT ANALYSIS 77
FIGURE 27 WILMAR INTERNATIONAL LTD: FINANCIAL OVERVIEW SNAPSHOT 79
FIGURE 28 WILMAR INTERNATIONAL LTD: SWOT ANALYSIS 80
FIGURE 29 ARCHER DANIELS MIDLAND COMPANY: FINANCIAL OVERVIEW SNAPSHOT 82
FIGURE 30 ARCHER DANIELS MIDLAND COMPANY: SWOT ANALYSIS 83
FIGURE 31 MEWAH INTERNATIONAL INC: FINANCIAL OVERVIEW SNAPSHOT 84
FIGURE 32 MEWAH INTERNATIONAL INC: SWOT ANALYSIS 85
FIGURE 33 FUJI OIL HOLDINGS INC.: FINANCIAL OVERVIEW SNAPSHOT 86
FIGURE 34 FUJI OIL HOLDINGS INC.: SWOT ANALYSIS 87
FIGURE 35 PREMIUM VEGETABLE OILS SDN BHD: SWOT ANALYSIS 89
FIGURE 36 3F INDUSTRIES LIMITED: SWOT ANALYSIS 91
FIGURE 37 UNILEVER PLC: FINANCIAL OVERVIEW SNAPSHOT 92
FIGURE 38 UNILEVER PLC: SWOT ANALYSIS 93
FIGURE 39 ASSOCIATED BRITISH FOODS PLC: FINANCIAL OVERVIEW SNAPSHOT 95
FIGURE 40 ASSOCIATED BRITISH FOODS PLC: SWOT ANALYSIS 96

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