Australia Plant-based Dairy Market 2024

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The Australia plant-based dairy market is anticipated to witness significant growth, with an expected uptick of USD 205.7 million, equating to a compound annual growth rate (CAGR) of about 6.6% in the coming years. Australia’s plant-based dairy market is flourishing due to a well-established health and wellness culture, with many consumers seeking alternatives for lactose intolerance and other dietary concerns. A strong focus on sustainability and environmental issues is pushing the demand for plant-based products, while the country’s innovative food sector continues to deliver a diverse range of high-quality alternatives to traditional dairy.

This report presents a detailed overview of the Australia plant-based dairy industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the plant-based dairy industry.


Market Segmentation


The Australia plant-based dairy market is structured as follows:
Product type: plant-based milk, plant-based yoghurt, plant-based cheese
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks stores, grocery stores, e-commerce, others

The segmentation of the Australia plant-based dairy market product type and distribution channel. The categorization of the market by product type includes plant-based milk, plant-based yoghurt, and plant-based cheese. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food & drinks stores, grocery stores, e-commerce, and others.


Competitive Landscape


The plant-based dairy market is characterized by dominance from key players such as Woolworths Group Limited, VITASOY International Holdings Limited, Spiral Foods Pty. Ltd., My Co Pty. Ltd., Made (Aust.) Pty Ltd., King International Pty. Ltd., Freedom Foods Group Limited, CO YO Pty. Ltd., Ceres Natural Foods Pty. Ltd., Cale & Daughters Pty. Ltd., Blue Diamond Growers and Australasian Conference Association Limited.

The report provides a detailed assessment of prominent companies within the plant-based dairy market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Australia plant-based dairy market.
Gain in-depth analysis and forecasts for the key segments of the Australia plant-based dairy market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Australia plant-based dairy market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Australia plant-based dairy market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Australia Plant-based Dairy Market – Product Type Analysis
Australia Plant-based Dairy Market – Distribution Channel Analysis
Key Players and Market Share
– Woolworths Group Limited
– VITASOY International Holdings Limited
– Spiral Foods Pty. Ltd.
– My Co Pty. Ltd.
– Made (Aust.) Pty Ltd.
– King International Pty. Ltd.
– Freedom Foods Group Limited
– CO YO Pty. Ltd.
– Ceres Natural Foods Pty. Ltd.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Australia Plant-based Dairy Market 2019-2029
Chart Australia Plant-based Dairy Market, Net Growth, 2019-2029
Chart Australia Plant-based Dairy Market, Growth Rates, 2019-2029
Table Australia Plant-based Dairy Market by Product Type, 2019-2029
Chart Australia Plant-based Dairy Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Australia Plant-based Dairy Market by Product Type, 2019-2029
Table Australia Plant-based Dairy Market by Distribution Channel, 2019-2029
Chart Australia Plant-based Dairy Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Australia Plant-based Dairy Market by Distribution Channel, 2019-2029
Table Australia Plant-based Dairy Market Share (%), by Companies, 2019-2023
Chart Australia Plant-based Dairy Market, by Companies, 2023
Table Australia Plant-based Dairy Market Share (%), by Brands, 2019-2023
Chart Australia Plant-based Dairy Market, by Brands, 2023
Table Australia – Population (Millions) and Forecast
Table Australia – Consumer Price Index (CPI) and Forecast
Table Australia – Gross Domestic Product and Forecast
Table Australia Plant-based Dairy Market: Spend as a Proportion of GDP (%)
Table Australia Plant-based Dairy Market: Consumption per Capita (Population)


Companies Mentioned


Woolworths Group Limited
VITASOY International Holdings Limited
Spiral Foods Pty. Ltd.
My Co Pty. Ltd.
Made (Aust.) Pty Ltd.
King International Pty. Ltd.
Freedom Foods Group Limited
CO YO Pty. Ltd.
Ceres Natural Foods Pty. Ltd.
Cale & Daughters Pty. Ltd.
Blue Diamond Growers
Australasian Conference Association Limited


Product Type

Industry Statistics

Region

Asia Pacific

Published Date

2024

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