Base Year
Historical Year
Forecast Year
Value in AUD Billion
2024-2032
Australia Dairy Products Market Outlook
*this image is indicative*
Dairy products are classified into products including butter, milk, dairy desserts, yoghurt, cheese, cream, and others. Yoghurt is a significant growth driver in the dairy products market, fuelled by its health benefits and evolving consumer preferences. Probiotic yoghurt varieties, known for promoting digestive health and immunity, have gained popularity among consumers prioritising gut health. Fortified yoghurts enriched with additional vitamins and minerals cater to specific health concerns, further boosting market demand.
In January 2024, Nuchev, known for specialising in infant goat milk formula in Australia, introduced its first bovine product targeting older children and adults. This launch was part of their plan to roll out a range of products aimed at boosting digestion and immunity over the next year.
The Australia dairy products market growth is being contributed by the increase in the addition of functional ingredients such as probiotics, vitamins, and others which promote health and wellness in the consumers. Moreover, technological advancements are enhancing the quality and efficiency of dairy production. Advanced processing techniques improve product quality, extend shelf life, and enhance nutritional value. The expansion of e-commerce platforms is significantly impacting the dairy market, making it easier for consumers to purchase dairy products online.
Australia Dairy Products Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Distribution Channel
Market Breakup by Region
Supermarkets and hypermarkets led the Australia dairy products market due to their extensive distribution networks, variety of product offerings, competitive pricing strategies, and effective marketing campaigns. Their ability to maintain high standards of freshness and quality, coupled with consumer trust and brand loyalty, drives significant market share.
The growth of the dairy products market is fueled by an increase in health and wellness focus, a rise in sustainability and ethical production, organic and natural products, and the introduction of innovative flavours, textures, and formats in dairy products.
*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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The market is projected to grow at a CAGR of 2.23% between 2024 and 2032.
Based on the product type, the dairy products market is bifurcated into milk, dairy desserts, butter, yoghurt, cheese, cream, and others.
Key players in the dairy products industry are Fonterra Co-operative Group Limited, Lactalis Australia Pty Ltd., Norco Co-operative Limited, Saputo Dairy Australia Pty Ltd., Dairy Australia Limited, Little Big Dairy Co., Mother Cow Dairy, and Milawa Cheese Company, among others.
Based on distribution channels, the dairy products market is divided into convenience stores, online channels, hypermarkets and supermarkets, and others.
Based on nature, the dairy products market is bifurcated into organic and conventional.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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:
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| Breakup by Property Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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