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Australia Food and Beverages Market Size, Share, Analysis: By Type: Fruits and Vegetables, Meat, Fish, and Poultry, Dairy Products, Frozen and Processed Foods, Coffee and Tea, Non-Dairy Beverages, Alcoholic Beverages, Others; By Nature; By Process; By Distribution Channel; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Australia Food and Beverages Market Outlook
The Australia food and beverages market size reached USD 90.2 billion in 2023. The market is expected to grow at a CAGR of 4.3% between 2024 and 2032, reaching USD 132.7 billion by 2032.
Key Takeaways:
- The USDA notes that Australia's food, drink, and grocery sectors make up around 33% of its manufacturing.
- DAFF predicts a 2% rise in poultry meat production value, hitting $3.9 billion in 2024-25, stimulating market demand.
- DAFF expects a 2% growth in pork meat production value, reaching an estimated $1.7 billion by 2024-25.
Meat, fish, and poultry enhance Australia food and beverage market, providing crucial high-quality protein essential for muscle growth and body function
Meat, fish, and poultry serve as excellent protein sources essential for building muscle. They are packed with crucial nutrients such as iron, zinc, and B vitamins, promoting overall well-being. Their adaptability makes them suitable for various culinary styles, catering to a wide range of tastes. Convenient options are tailored for busy lifestyles, while their cultural significance appeals to those seeking genuine culinary experiences.
Dairy products are abundant in calcium and Vitamin D, which are vital for maintaining strong bones. They provide high-quality protein necessary for muscle development, with fermented variations supporting gut health. Their versatility in cooking makes them convenient and culturally relevant, with speciality choices and plant-based alternatives introduced to meet diverse preferences.
In October 2023, Asembl partnered with Menz Violet Crumble and Bulla to introduce a branded Violet Crumble ice cream on a stick. This offering is now available in Coles, Woolworths, IGA, and other select locations, as both a four-pack and single-serving option at Coles Express and 7-Eleven, bringing iconic flavours to the freezer section.
Market Segmentation
Australia Food and Beverages Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fruits and Vegetables
- Meat, Fish, and Poultry
- Dairy Products
- Frozen and Processed Foods
- Coffee and Tea
- Non-Dairy Beverages
- Alcoholic Beverages
- Others
Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Process
- Processed
- Unprocessed
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia food and beverages market key players are Nestlé SA, PepsiCo Inc., JBS SA, Tyson Foods, Inc., Anheuser-Busch Inbev SA, General Mills, Inc., The Coca-Cola Company, Mars, Incorporated, Mondelez International, Inc. and Asahi Group Holdings, Ltd. among others.
Key Highlights of the Report
| 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 Nature |
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| Breakup by Process |
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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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*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 Asia Pacific Food and Beverages Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Food and Beverages Historical Market (2018-2023)
8.3 Asia Pacific Food and Beverages Market Forecast (2024-2032)
9 Australia Food and Beverages Market Overview
9.1 Key Industry Highlights
9.2 Australia Food and Beverages Historical Market (2018-2023)
9.3 Australia Food and Beverages Market Forecast (2024-2032)
10 Australia Food and Beverages Market by Type
10.1 Fruits and Vegetables
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Meat, Fish, and Poultry
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Dairy Products
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Frozen and Processed Foods
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Coffee and Tea
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Non-Dairy Beverages
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Alcoholic Beverages
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Others
11 Australia Food and Beverages Market by Nature
11.1 Organic
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Conventional
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Food and Beverages Market by Process
12.1 Processed
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Unprocessed
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Australia Food and Beverages Market by Distribution Channel
13.1 Supermarkets and Hypermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Australia Food and Beverages Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Nestlé SA
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 PepsiCo Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 JBS SA
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Tyson Foods, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Anheuser-Busch Inbev SA
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 General Mills, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 The Coca-Cola Company
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Mars, Incorporated
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Mondelēz International, Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Asahi Group Holdings, Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Food and Beverages Market: Key Industry Highlights, 2018 and 2032
2. Australia Food and Beverages Market: Key Industry Highlights, 2018 and 2032
3. Australia Food and Beverages Historical Market: Breakup by Type (USD Billion), 2018-2023
4. Australia Food and Beverages Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. Australia Food and Beverages Historical Market: Breakup by Nature (USD Billion), 2018-2023
6. Australia Food and Beverages Market Forecast: Breakup by Nature (USD Billion), 2024-2032
7. Australia Food and Beverages Historical Market: Breakup by Process (USD Billion), 2018-2023
8. Australia Food and Beverages Market Forecast: Breakup by Process (USD Billion), 2024-2032
9. Australia Food and Beverages Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
10. Australia Food and Beverages Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
11. Australia Food and Beverages Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Australia Food and Beverages Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. Australia Food and Beverages Market Structure
Key Questions Answered in the Report
The market was valued at USD 90.2 billion in 2023.
The market is projected to grow at a CAGR of 4.3% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 132.7 billion in 2032.
The food and beverages market is categorised according to nature, which includes organic and conventional.
The key players are Nestlé SA, PepsiCo Inc., JBS SA, Tyson Foods, Inc., Anheuser-Busch Inbev SA, General Mills, Inc., The Coca-Cola Company, Mars, Incorporated, Mondelez International, Inc. and Asahi Group Holdings, Ltd. among others.
Based on the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, online and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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