Base Year
Historical Year
Forecast Year
Value in AUD Million
2024-2032
Australia Dairy Alternatives Market Outlook
*this image is indicative*
Based on the source, the Australia dairy alternative market share is driven by soy.
Soy is being widely used as a dairy alternative and used in various applications such as beverages, cooking, and baking. It is rich in various vitamins and minerals such as calcium, vitamin A, vitamin B and others. Over the period, individuals have become health conscious and consume dairy alternatives as it is a complete protein source and contains essential amino acids while improving bone health, immune function, and overall well-being. Almond is also rich in vitamin E and calcium is naturally lactose-free and is consumed by individuals as it is suitable for lactose intolerance or dairy allergies, sufficient calorie intake or seeking a lighter alternative.
The growing health concerns by individuals have driven the Australia dairy alternatives market as the consumption of dairy milk substitutes has increased. As reported by ABS, almond milk and soy milk apparent consumption have risen rapidly between 2018-19 and 2020-21 by 31% and 16% respectively.
According to the Australian Bureau of Statistics (ABS), the dietary energy per capita per day between 2019-20 and 2020-21 has increased to 5.6 kilojoules, thus boosting the Australia dairy alternatives market growth.
Australia Dairy Alternatives Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Source
Market Breakup by Formulation
Market Breakup by Nutrient
Market Breakup by Distribution Channel
Market Breakup by Region
Consumers seeking dairy alternatives often look for products that can match or exceed the protein content of traditional dairy. This focus on protein is driven by the growing health and wellness trends, where protein is valued for its role in muscle maintenance, satiety, and overall nutrition.
The growth of the dairy alternatives market is fueled as manufacturers of dairy alternatives, such as plant-based milk, yoghurts, and cheeses, prioritise fortifying their products with protein to meet consumer demand and nutritional expectations.
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The revenue generated from the market is expected to reach AUD 971.35 Million in 2032.
Based on the source, the dairy alternatives market is bifurcated into almonds, soy, oats, coconut, and others.
Key players in the industry are Nestle Australia Limited, Nutricia Australia Pty Limited, Blue Diamond Growers, PureHarvest and Califia Farms, LLC among others.
Based on nutrients, the dairy alternatives market is divided into protein, starch, vitamins, and others.
The different distribution channels in the dairy alternatives market include supermarkets and hypermarkets, convenience stores, online channels, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
The Australia dairy alternative market was valued at AUD 500.32 Million in 2023.
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.
| 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:
|
| Breakup by Source |
|
| Breakup by Formulation |
|
| Breakup by Nutrient |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Choose the right license for your needs and access rights.
Add the report to your cart with one click and proceed to register.
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
One User
Five Users
Unlimited Users
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
We ensure that you get unmatchable competitive advantage by providing detailed insights about the existing market scenario as well as the emerging and high growth markets.
Regions and Countries with the Highest Number of Returning Clients
Projects delivered with customization
Projects involving industry specific expertise
Analysts Support
Corporates choose us as their preferred partner
Commitment to Excellence
Diverse Teams
Innovative Solutions
Client Centric Approach
Continuous Improvement
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-120-433-0800
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
