Report Overview

The Australia canola seeds market is expected to grow at a CAGR of 5.80% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per ABS, the Australian canola production was estimated to be 8.9 million tons in 2022–2023.
  • The USDA projects canola oil exports to reach 240,000 metric tons in 2023-2024, stimulating Australia canola seeds market growth.
  • According to the Australian Oil Seeds Federation, Western Australia produced over 50% canola in 2022.

Australia Canola Seeds Market Growth

Compound Annual Growth Rate

Value in AUD Million

5.8%

2024-2032


Australia Canola Seeds Market Outlook

*this image is indicative*

Based on the breeding technology, the Australia canola seeds market is being driven by hybrid breeding technology to provide resistance to pests, high yield, and quality of the product

These technologies are used to consistently get high yields with agronomic traits and maintain quality compared to other breeding technologies. It provides benefits such as increased seed production and improved disease resistance. It offers uniformity while facilitating efficient management practices such as planting, fertilisation, and pest control which eventually increases the Australia canola seeds market growth.

Hybrid breeding technology includes transgenic hybrids and non-transgenic hybrids, transgenic hybrid method caters to specific traits such as herbicide tolerance, insect resistance, or improved soil composition, thereby allowing farmers to control weeds more effectively and increase crop yield; the non-transgenic hybrid method relies on natural genetic variation to produce hybrid offsprings with desired characteristics.

The growing Australia canola seeds market developments have led to the integration of new canola hybrid methods to increase crop yields and facilitate efficient management practices. Australia seed provider company Pacific Seeds has introduced Hyola Regiment XC and Hyola Solstice CL providing outstanding performance, disease tolerance and Integrated Weed Management (IWM) options to Australian growers.

Australia Canola Seeds Market Segmentation

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

Market Breakup by Breeding Technology

  • Open-Pollinated Varieties and Hybrid Derivatives 
  • Hybrids
  • Transgenic Hybrids
  • Non-Transgenic Hybrids

Market Breakup by Region

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

Australia Canola Seeds Market Share

Open-pollinated varieties allow for natural cross-pollination and genetic diversity, maintaining adaptability to local environmental conditions and ensuring seed-saving capabilities for farmers. On the other hand, hybrid derivatives offer superior uniformity, yield potential, and disease resistance, meeting the demand for high-performance crops in modern agriculture. This breeding technology balance enables farmers to choose seeds that best fit their specific farming practices, environmental conditions, and market demands, ensuring sustainable and efficient crop production.

Leading Companies in the Australia Canola Seeds Market

The growth of the canola seeds market is fueled by the increasing adoption of hybrid breeding technology, and the increasing integration of new hybrid methods to increase the performance and disease tolerance of crops.

  • BASF SE
  • Nufarm Ltd.
  • Advanta Seeds Pty Ltd
  • GenTech Seeds Pty Ltd.
  • RAGT Group

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.80% between 2024 and 2032.

Based on the breeding technology, the canola seeds market is bifurcated into open-pollinated varieties and hybrid derivatives, and hybrids.

Key players in the industry are BASF SE, Nufarm Ltd., Advanta Seeds Pty Ltd, GenTech Seeds Pty Ltd., and RAGT Group, among others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Breeding Technology
  • Region
Breakup by Breeding Technology
  • Open-Pollinated Varieties and Hybrid Derivatives
  • Hybrids
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE
  • Nufarm Ltd.
  • Advanta Seeds Pty Ltd
  • GenTech Seeds Pty Ltd.
  • RAGT Group
  • Others

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