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The Australia animal protein market size reached USD 101.62 million in 2023. The market is expected to grow at a CAGR of 3.8% between 2024 and 2032, reaching almost USD 143.12 million by 2032.
The consumption of animal products like burgers, hotdogs, and minced meat is on the rise in Australia, driven by the demand for convenience and processed foods. Animal proteins such as casein and collagen are increasingly used in processed products to enhance functionality and nutritional content. These proteins serve various purposes, acting as stabilisers, thickeners, and supplements in foods like salad dressings and soups. Market players are responding to this growing demand by introducing innovative animal protein products, such as Darling Ingredients' X-Pure gelatin launched in May 2021 which is driving the Australia animal protein market.
Animal proteins also find applications in animal feed and personal care products, where they contribute to overall health and nutrition and provide benefits like reduced wrinkles and improved collagen levels. The production of animal protein is rising to meet the increasing demand for protein-rich foods and supplements driven by health-conscious consumers and sports enthusiasts.
The growing demand for plant-based protein alternatives due to ethical and environmental concerns poses a challenge for the market. Despite this, the demand for protein-rich products and ingredients remains high in Australia, especially among fitness-conscious consumers and the aging population.
The Australia animal protein market development is aided by the production, processing, and distribution of animal-based protein products, playing a significant role in the country's agricultural sector and food security. Factors driving market growth include the growing population, increasing disposable income, and rising awareness of the health benefits associated with animal-based protein consumption.
Australia Animal Protein 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 End-Use
Market Breakup by Region
Key players in the animal protein in Australia produce and provide products to support the end-users.
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 End Use |
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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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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Animal Protein Market Overview
8.1 Key Industry Highlights
8.2 Australia Animal Protein Historical Market (2018-2023)
8.3 Australia Animal Protein Market Forecast (2024-2032)
9 Australia Animal Protein Market by Type
9.1 Gelatin
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Egg Protein
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Fish Protein
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Dairy Protein
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Insect Protein
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2018-2023)
9.6 Collagen
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Others
10 Australia Animal Protein Market by Form
10.1 Liquid
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Solid
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Animal Protein Market by End Use
11.1 Cosmetics and Personal Care
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Pharmaceutical and Nutraceuticals
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Animal Feed
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Food and Beverages
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Fresh Food
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Australia Animal Protein Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Noumi Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Ridley Corporation Limited
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Integrity Food Co.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Biodome Functional Foods
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Glanbia plc
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 True Protein
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Hi-Performance Health Pty. Ltd.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Animal Protein Market: Key Industry Highlights, 2018 and 2032
2. Australia Animal Protein Historical Market: Breakup by Type (USD Million), 2018-2023
3. Australia Animal Protein Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Australia Animal Protein Historical Market: Breakup by Form (USD Million), 2018-2023
5. Australia Animal Protein Market Forecast: Breakup by Form (USD Million), 2024-2032
6. Australia Animal Protein Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Australia Animal Protein Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Australia Animal Protein Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Animal Protein Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Australia Animal Protein Market Structure
The market is estimated to be valued at USD 101.62 million in 2023.
The market is projected to grow at a CAGR of 3.8% between 2024 and 2032.
The animal protein market is expected to reach USD 143.12 million in 2032.
The market is categorised according to its form, which includes liquid and solid.
The key market players are Noumi Limited, Ridley Corporation Limited, Integrity Food Co., Biodome Functional Foods, Glanbia plc, True Protein, Hi-Performance Health Pty. Ltd., and others.
The market is driven by factors that include consumer preference for protein-rich diets and changing dietary patterns driven by urbanization and lifestyle changes, among others.
The animal protein market is categorised according to its end-use, which includes cosmetics and personal care, pharmaceutical and nutraceuticals, animal feed, food and beverages, fresh food and others.
Animal products with most protein content includes chicken, beef, pork, duck, quail, among others.
Established in 1984, the Animal Protein Producers Industry (APPI) was formed with the aim of implementing a cohesive program for Salmonella testing. This initiative serves to effectively manage and control the presence of the organism in rendered animal proteins.
The aquaculture sector is poised to maintain its status as the swiftest-growing animal protein-producing industry over the next decade. Anticipated growth will predominantly stem from crustacean and freshwater fish farming, particularly in emerging economies across Asia, South America, and to a lesser extent, Africa.
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