Australia Copra Meal Market Report and Forecast 2025-2034

According to this report, the Australia copra meal market size witnessed a healthy growth in 2024. Aided by the growing demand for animal feed and sustainable agricultural practices, the market is projected to grow at a CAGR of 3.7% between 2025 and 2034.

Copra meal is produced when the oil is extracted from copra (dried coconut flesh), and the residual cake left behind is processed into a meal. With its high protein and fibre content, it serves as a valuable ingredient in the formulation of animal feed, contributing to the growth and development of livestock, poultry, and aquaculture.

The growing demand for protein-rich animal feed is a significant factor influencing the Australia copra meal market expansion. As the country’s livestock, poultry, and aquaculture industries continue to grow, the need for high-quality, affordable feed ingredients is more crucial than ever. The rise in meat consumption, driven by population growth and changing dietary preferences, has contributed to an increase in the demand for animal-based products, which in turn propels the need for effective and efficient feeding strategies. Copra meal, being a highly digestible source of protein, is considered an ideal ingredient to meet these demands while maintaining cost-efficiency.

Sustainability is another key driver aiding the Australia copra meal market growth. As consumers and businesses alike become more conscious of environmental issues, there is a growing push toward adopting sustainable farming and agricultural practices. Copra meal is considered a sustainable alternative to traditional feed ingredients, such as soybean meal, which is often associated with deforestation and other environmental concerns. By utilising a by-product of coconut oil production, copra meal helps reduce waste and promotes the circular economy. Furthermore, the rising demand for plant-based protein sources aligns with the growing popularity of copra meal, which is derived from a renewable and widely cultivated plant source, the coconut tree.

In addition to sustainability, the growing focus on the health and nutrition of animals is boosting the Australia copra meal market revenue. Livestock farmers, poultry producers, and aquaculture operators are increasingly focused on improving the health and well-being of their animals to optimise productivity and meet consumer expectations for high-quality animal products.

Copra meal is rich in protein and fibre, which supports the growth and development of livestock and poultry, contributing to better weight gain, increased milk production, and improved feed conversion rates. The meal also provides essential nutrients such as fats, carbohydrates, and minerals that help animals maintain a balanced diet, making it a valuable addition to a wide range of feed formulations.

As per the Australia copra meal market analysis, the Australian aquaculture industry, in particular, has shown significant interest in copra meal as a feed ingredient. As the demand for seafood continues to rise, there is a growing need for efficient and sustainable feed options in fish farming. Copra meal, with its high nutritional value, is being increasingly incorporated into fish feed to enhance growth rates and improve feed efficiency. Its use in aquaculture also aligns with the broader trend of using plant-based protein sources in fish diets, which are generally more sustainable than traditional fishmeal-based feeds.

Furthermore, the rising popularity of alternative protein sources in both human and animal diets has encouraged the development of plant-based feed ingredients like copra meal. As the global population grows, so too does the demand for animal-based products, which requires a corresponding increase in the production of livestock and poultry. The demand for sustainable, plant-based feed ingredients like copra meal is expected to continue growing as farmers and producers seek environmentally friendly alternatives to animal-based protein sources. This trend is supported by the increasing shift toward plant-based diets and the growing awareness of the environmental and health benefits of plant-based food systems. This is one of the key Australia copra meal market trends.

Despite these positive trends, there are challenges to be addressed within the Australia copra meal market. One of the key challenges is the fluctuation in the price and supply of copra, which is influenced by factors such as weather conditions, agricultural practices, and global coconut production trends. Natural disasters, such as cyclones, can disrupt coconut harvests, leading to potential shortages of copra and, consequently, copra meal. Additionally, fluctuations in global demand for coconut oil, which directly impacts copra meal production, can also influence market dynamics. These price fluctuations can affect the cost-effectiveness of copra meal as an animal feed ingredient, potentially making it less competitive compared to other feed sources.

Despite these challenges, the Australia copra meal market outlook remains promising. As the demand for sustainable, cost-effective, and nutritious animal feed continues to rise, the market is expected to benefit from both domestic production and the increasing use of copra meal in various sectors of the agricultural industry. With continued advancements in coconut cultivation and processing, as well as ongoing efforts to improve the sustainability of the agricultural sector, the future of the market in Australia appears poised for steady growth.

In conclusion, the Australia copra meal market is expected to grow steadily in the coming years, driven by increasing demand for sustainable and protein-rich animal feed, as well as the broader trend towards more environmentally friendly and locally sourced agricultural products. Copra meal, with its nutritional value and sustainability benefits, plays a key role in addressing the needs of Australia's growing livestock, poultry, and aquaculture industries. As the market evolves, ongoing efforts to improve production efficiency, maintain quality standards, and ensure a consistent supply of copra will be essential to supporting the continued growth of the market in Australia.

Market Segmentation

The market can be divided based on type, end use, distribution channel, and region.

Market Breakup by Type

• Organic Copra Meal
• Synthetic Copra Meal

Market Breakup by End Use

• Horses
• Cattle
• Others

Market Breakup by Distribution Channel

• Offline
• Online

Market Breakup by Region

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

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia copra meal market. Some of the major players explored in the report are as follows:

• Compass Feeds Pty Ltd
• Stance Agricultural Pty Ltd.
• Energreen Nutrition Australia Pty Ltd.
• VVRS Australia Pty. Ltd.
• Riverina (Australia) Pty Limited
• Others