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Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Protein Supplements Market Outlook
*this image is indicative*
Based on the source, the Australia protein supplements market share is driven by plant-based supplements as individuals increasingly prefer healthier alternatives.
The growing consciousnesses among individuals for personal health and sustainability have contributed to the consumption of plant-based protein supplements. These supplements offer convenient ways for individuals to meet their daily dietary needs while aligning with their health-conscious choices, thus, stimulating the Australia protein supplements market growth.
Australia Protein Supplement Market Summary | Description | Value |
Base Year | AUD Million | 2023 |
Historical period | AUD Million | 2018-2023 |
Forecast Period | AUD Million | 2024-2032 |
Market Size 2023 | AUD Million | 460.8 |
Market Size 2032 | AUD Million | 944.4 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 8.3% |
CAGR 2024-2032 - Market by Region | New South Wales | 9.5% |
CAGR 2024-2032 - Market by Region | Western Australia | 7.9% |
CAGR 2024-2032 - Market by Type | Whey Protein | 9.4% |
CAGR 2024-2032 - Market by Source | Animal-Based | 9.1% |
Market Share by Region | Western Australia | 10.0% |
Individuals are engaging or following vegetarian and vegan diets and prioritise plant-based foods, as these supplements address allergen considerations making them suitable for individuals with food allergies or intolerances and provide an alternative to animal-derived products.
As per Australia protein supplements market report, sustainability concerns drive the adoption of plant-based alternatives, as these supplements have a lower environmental footprint than animal-based options. The emphasis on eco-conscious protein supplements encourages consumers to choose plant-based products. The increasing innovation in the food and beverage industry has led to the development of a diverse range of plant-based protein supplements, with manufacturers introducing new formulations, flavours, and formats to appeal to consumers.
Ingredient Optimized has announced that three major Australian brands have launched products using the company’s advanced protein technology, ioPea. The ioPea ingredient has been clinically demonstrated to be 2-5 times more bioavailable and better absorbed compared to unaltered pea protein.
Australia Protein Supplements Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Form
Market Breakup by Source
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
Protein supplements are predominantly consumed in the sports nutrition sector. Athletes, bodybuilders, and fitness enthusiasts often use protein supplements to support muscle growth, repair, and recovery after intense physical activity. These supplements are formulated to provide concentrated doses of high-quality proteins like whey, casein, or plant-based proteins, which are easily digestible and absorbed by the body, catering to individuals seeking to enhance their athletic performance, maintain muscle mass, or achieve specific fitness goals.
CAGR 2024-2032 - Market by | Region |
New South Wales | 9.5% |
Western Australia | 7.9% |
Others | 6.6% |
Victoria | XX% |
Queensland | XX% |
Australian Capital Territory | XX% |
The growth of the protein supplements market is fuelled by increasing consciousness for health and sustainable products and increasing adoption of plant-based alternatives.
*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 7.71% between 2024 and 2032.
Based on the type, the protein supplements market is bifurcated into casein, whey protein, egg protein, soy protein, and others.
Key players in the industry are Vitaco Health Australia Pty Ltd., Glanbia Performance Nutrition Pty Limited, Hi-Performance Health Pty. Ltd., MusclePharm® Corporation, Bioflex Nutrition, Body Science International Pty Ltd., and True Protein Pty Ltd. among others.
Based on application, the protein supplements market is divided into sports nutrition and functional food.
The different distribution channels in the protein supplements market include supermarkets and hypermarkets, convenience stores, speciality stores, online, and others.
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 Type |
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Breakup by Form |
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Breakup by Source |
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Breakup by Application |
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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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