Australia Plant Protein Market Size and Share Outlook Report: Forecast Trends and Growth Analysis (2024-2032)

Based on application, the Australia plant protein market share is driven by food applications as they are environmentally sustainable.

Plant protein offers various health benefits, including lower saturated fat content and essential nutrients, while also promoting sustainability and reducing environmental impact. 

Growing health consciousness and environmental awareness are driving the popularity of plant-based diets and products. As consumers prioritize health, sustainability, and ethical considerations, plant protein has emerged as a preferred alternative to animal-derived proteins. This shift in dietary preferences aligns with government initiatives promoting healthy eating and eco-friendly practices in the food industry.

Innovative product development and investment in plant protein research stimulate the Australia plant protein market growth, offering consumers a wide variety of plant-based options. With the increasing demand for plant protein foods and beverages, the Australian food industry is embracing innovation and sustainability to meet the evolving needs and preferences of health-conscious consumers.

Integra Foods, a Dublin-based company has received $500,000 from the South Australian Government to support the company to research, develop and export its faba bean plant protein products. They make proteins, starches, and flours from sustainably sourced and Australian-grown faba beans.

Australia Plant Protein Market Share

Organic plant protein products are widely consumed as the growing consumer demand for organic foods is perceived as healthier, environmentally sustainable, and free from synthetic chemicals. Organic plant protein products are cultivated using natural farming practices that avoid synthetic pesticides, herbicides, and genetically modified organisms (GMOs), appealing to health-conscious individuals seeking clean-label, environmentally friendly food options.

Leading Companies in the Australia Plant Protein Market

The growth of the plant protein market in Australia is fuelled by the evolving needs and preferences of health-conscious consumers leading to the development of environmentally sustainable protein by manufacturers catering to individuals' needs.

• Professional Whey Pty Ltd.
• Australian Plant Proteins Pty Ltd.
• Axiom Foods, Inc.  (Pacific Resources International)
• Manildra Flour Mills Pty. Ltd.
• Danisco Australia Pty Limited
• Harvest B