Australia Lime Market Forecast By Regions, Type And Application (2023-2033)

The lime market in Australia has been experiencing steady growth in recent years, primarily driven by the increasing demand for limes in the food and beverage industry. Limes are a popular ingredient in many cuisines, including Mexican, Southeast Asian, and Caribbean, and are used in a variety of dishes such as cocktails, marinades, and desserts.

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The demand for limes in Australia is also driven by the increasing popularity of health and wellness trends, with limes being a rich source of vitamin C and antioxidants. This has led to an increase in the consumption of limes as a health supplement and in products such as lime water and lime juice.

Companies

Adelaide Brighton Ltd
Boral Limited
Sibelco Australia
Omya Australia Pty Ltd
Wagners
Lime Group Australia

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The production of limes in Australia is mainly concentrated in the subtropical regions of Queensland and New South Wales. The climate and soil conditions in these regions are suitable for the cultivation of limes, and there are several large-scale lime farms in the area.

However, the Australian lime market faces challenges such as competition from imported limes, particularly from Mexico and the United States. These countries have a lower cost of production and can offer limes at a lower price than domestically produced limes. This has led to a significant increase in the import of limes in Australia.

Despite these challenges, the Australian lime market has been expanding, with an increasing number of farmers exploring the potential of growing limes. There has also been an increase in the adoption of sustainable farming practices, such as organic and biodynamic farming, which has led to the production of high-quality limes.

Regional Outlook of Lime Market

North America is expected to pivot the global Lime market share, attributed to immense spawning of the EV industry. Over the years, numerous startups offering EV Lime and solutions have come into existence. According to the U.S. Department of Energy, sales of plug-in electric vehicles (PEVs) rose impressively between 2011 and 2018, reaching over 300,000 units. Sales have moderately declined amid the COVID-19 crisis, but are anticipated to remain on an upward trajectory, owing to reduced dependence on conventional fossil-fuel cars.

By 2021-end, it is anticipated that, more than 7 out of 10 people will own an EV. Consequently, companies such as Intvo, Udelv, and Lordstown Motors have significantly enhanced their presence across the North American market. Moreover, government regulations are encouraging EV uptake, spiking electrical products sales in this domain.

Strong Presence of Global Manufacturers

The lime market in Australia is highly consolidated with the top 3 players in the market accounting for nearly 70% of the market share. The top 3 companies in the market account for a hefty share in the Australia lime market and have operations in nearly eight different manufacturing plants.

These together constitute capacity of nearly 1570 Kilotons of limestone production in the market of Australia. The key manufactures active in the region are Adelaide Brighton Limited, Boral Limited, and Sibelco.

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Key Segments of the Australia Lime Market

Product Type

Aglime
Quicklime
Hydrated Lime

Application

Agriculture
Metallurgy
Building Material
Water Treatment

Region

New South Wales
Victoria
Queensland
Western Australia
Rest of Australia

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