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AU ANZSIC OD5480 | Industry Report

Edible Oils Manufacturing in Australia Industry Data and Analysis

AL
Andrew Ledovskikh
Analyst Melbourne, Australia February 2026

Outstanding crop yields and disrupted olive oil supply chains have bolstered revenue for the Edible Oils Manufacturing industry over much of the past five years. The industry has benefited from reduced import penetration as European olive oil producers have faced poor harvests since 2021-22, while the onset of the Russia-Ukraine conflict has limited supply from two major edible oil producers. The industry saw surging exports in 2021-22, as a result, but improved opportunities in the domestic market, due to weaker import penetration, soaked up a lot of the industry's production capacity. However, a cost-of-living crisis, declining edible oil consumption and a partial normalisation in global edible oil prices and Australian canola harvests have seen the industry cede many of the gains made early in the period, with revenue declining over the three years through 2025-26, including a 2.5% fall anticipated in the current year. Overall, revenue is expected to climb at an annualised 2.4%, to reach $1.37 billion, over the five years through 2025-26.

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What's included in this industry analysis

IBISWorld's research coverage on the Edible Oils Manufacturing industry in Australia includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.

About this industry

What's this industry report about?

The Edible Oils Manufacturing industry in Australia operates under the ANZSIC industry code OD5480. Edible oils manufacturers produce plant-based oils for immediate use or for use in cooking. Industry companies purchase their products from upstream growers or may grow their own grains or oilseeds. The industry includes those manufacturing private-label oils. Related terms covered in the Edible Oils Manufacturing industry in Australia include food standards australia new zealand, extra virgin olive oil and private-label products.

What's included in this industry?

Products and services covered in Edible Oils Manufacturing industry in Australia include Olive oil , Canola oil and Blended oils.

What companies are included in this industry?

Companies covered in the Edible Oils Manufacturing industry in Australia include GrainCorp, Cobram Estate Olives and Peerless Foods.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Edible Oils Manufacturing industry in Australia.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Edible Oils Manufacturing industry in Australia.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Edible Oils Manufacturing industry in Australia.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Edible Oils Manufacturing industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Edible Oils Manufacturing industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Edible Oils Manufacturing industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Edible Oils Manufacturing industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Edible Oils Manufacturing industry in Australia.

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Frequently Asked Questions

What is the market size of the Edible Oils Manufacturing industry in Australia in 2026?

The market size of the Edible Oils Manufacturing industry in Australia is $1.4bn in 2026.

How many businesses are there in the Edible Oils Manufacturing industry in Australia in 2026?

There are 61 businesses in the Edible Oils Manufacturing industry in Australia, which has grown at a CAGR of 2.5 % between 2021 and 2026.

How may import tariffs affect the Edible Oils Manufacturing industry in Australia?

The Edible Oils Manufacturing industry in Australia is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.

How may export tariffs affect the Edible Oils Manufacturing industry in Australia?

The Edible Oils Manufacturing industry in Australia is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.

Has the Edible Oils Manufacturing industry in Australia grown or declined over the past 5 years?

The market size of the Edible Oils Manufacturing industry in Australia has been growing at a CAGR of 2.4 % between 2021 and 2026.

What is the forecast growth of the Edible Oils Manufacturing industry in Australia over the next 5 years?

Over the next five years, the Edible Oils Manufacturing industry in Australia is expected to grow.

What are the biggest companies in the Edible Oils Manufacturing industry in Australia?

The biggest companies operating in the Edible Oils Manufacturing industry in Australia are GrainCorp, Cobram Estate Olives and Peerless Foods

What does the Edible Oils Manufacturing industry in Australia include?

Olive oil and Blended oil are part of the Edible Oils Manufacturing industry in Australia.

Which companies have the highest market share in the Edible Oils Manufacturing industry in Australia?

The company holding the most market share in the Edible Oils Manufacturing industry in Australia is GrainCorp.

How competitive is the Edible Oils Manufacturing industry in Australia?

The level of competition is moderate and increasing in the Edible Oils Manufacturing industry in Australia.

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