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Australia Non-Dairy Milk Market Size, Share, Analysis: By Type: Soy Milk, Almond Milk, Coconut Milk, Cashew Milk, Hazelnut Milk, Oat Milk, Hemp Milk, Others; By End Use: Yoghurt, Ice Creams, Milk, Creamers, Cheese, Others; By Distribution Channel: Hypermarkets/Supermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032
Australia Non-Dairy Milk Market Outlook
The Australia non-dairy milk market size was valued at USD 351.28 million in 2023. The market is further projected to grow at a CAGR of 9.1% between 2024 and 2032, reaching a value of USD 773.49 million by 2032.
Key Takeaways
- According to the Australian Bureau of Statistics, consumers drink about half a metric cup of milk alternatives per person every week. Soy milk is currently the most popular plant-based milk in Australia, reflecting changing attitudes toward animal welfare and the environment.
- Growing one almond is estimated to consume 12 litres of water, yet almond milk utilises less land and water compared to dairy milk, resulting in lower greenhouse gas emissions.
- Plant-based milks are commonly enriched with micronutrients, contain less total fat and saturated fat than dairy milk, and offer beneficial plant phenol antioxidants.
- The market offers a diverse range of plant-based milks, such as oat, almond, and rice, each varying in nutritional content, with soy standing out as a robust dairy-free alternative nutritionally.
Factors like lactose intolerance and concerns about animal welfare and environmental sustainability are driving the shift towards plant-based milk options. The Australia non-dairy milk market development is further boosted by the introduction of innovative flavours, fortified varieties, and the convenience of non-dairy milk alternatives, contributing to the overall growth and expansion of the market in Australia.
The consumption of plant-based milk in Australia is on the rise, driven by factors like the growing vegan population and increasing awareness of health benefits associated with non-dairy alternatives. This trend is reshaping consumption patterns across the country, with soy milk being a dominant choice.
The expansion of non-dairy milk options in cafes, restaurants, online retail channels, and supermarkets is broadening consumer access to plant-based milk products. This increased availability contributes to Australia non-dairy milk market growth by reaching a larger audience and meeting diverse consumer needs.
Soy milk holds a significant share in market, driven by factors like consumer preference for plant-based protein sources and its versatility in various applications. Almond milk is gaining popularity due to its nutty flavour, nutritional benefits, and suitability for individuals with lactose intolerance or dietary restrictions. Coconut and cashew milk, known for its rich taste and creamy texture, is experiencing growth in the market, attributed to its health benefits and culinary versatility.
Oat milk, known for its smooth texture and neutral taste, appeals to consumers seeking dairy alternatives and is witnessing a surge in demand due to its sustainability and health benefits. Hemp milk, derived from hemp seeds, is gaining traction for its omega-3 fatty acids and protein content, appealing to health-conscious consumers.
Market Segmentation
Australia Non-Dairy Milk Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Soy Milk
- Almond Milk
- Coconut Milk
- Cashew Milk
- Hazelnut Milk
- Oat Milk
- Hemp Milk
- Others
Market Breakup by End Use
- Yoghurt
- Ice Creams
- Milk
- Creamers
- Cheese
- Others
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Channels
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Western Australia
- Australian Capital Territory
- Others
Competitive Landscape
Companies are offering a diverse range of plant milk options to expand their presence on distribution channels, align with sustainability trends, and maintain a competitive edge in the market.
- Fortune Soy Manufacturer Pty Ltd.
- Q.S.F (Qld) Pty Ltd.
- Chobani Global Holdings, LLC
- Inside Out Nutrients Goods Pty Ltd.
- Califia Farms, LLC
- Australian Health and Nutrition Association Ltd.
- Noumi Trading Pty Ltd
- 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 |
|
| Breakup by End Use |
|
| 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 Australia Non-Dairy Milk Market Overview
8.1 Key Industry Highlights
8.2 Australia Non-Dairy Milk Historical Market (2018-2023)
8.3 Australia Non-Dairy Milk Market Forecast (2024-2032)
9 Australia Non-Dairy Milk Market by Type
9.1 Soy Milk
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Almond Milk
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Coconut Milk
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Cashew Milk
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Hazelnut Milk
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Oat Milk
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Hemp Milk
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Others
10 Australia Non-Dairy Milk Market by End Use
10.1 Yoghurt
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Ice Creams
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Milk
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Creamers
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Cheese
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Australia Non-Dairy Milk Market by Distribution Channel
11.1 Hypermarkets/Supermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online Channels
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Non-Dairy Milk 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 Fortune Soy Manufacturer Pty Ltd.
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 Q.S.F (Qld) Pty Ltd.
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 Chobani Global Holdings, LLC
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 Inside Out Nutrients Goods Pty Ltd.
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 Califia Farms, LLC
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 Australian Health and Nutrition Association Ltd.
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 Noumi Trading 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 Non-Dairy Milk Market: Key Industry Highlights, 2018 and 2032
2. Australia Non-Dairy Milk Historical Market: Breakup by Type (USD Million), 2018-2023
3. Australia Non-Dairy Milk Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Australia Non-Dairy Milk Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Australia Non-Dairy Milk Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Australia Non-Dairy Milk Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Australia Non-Dairy Milk Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Australia Non-Dairy Milk Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Non-Dairy Milk Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Australia Non-Dairy Milk Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 351.28 million.
The market is expected to grow at a CAGR of 9.1% between 2024 and 2032.
The non-dairy milk market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 773.49 million by 2032.
The market is being driven due to increasing consumer awareness about plant-based lifestyles, rising concerns about animal welfare and the environment, and a shift towards sustainable and environmentally friendly foods.
Key trends aiding the market expansion include the growing influence of veganism, the demand for dairy alternatives due to factors like milk allergies, and a desire to reduce animal product consumption.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on end use, the market segmentations include yoghurt, ice creams, milk, creamers, and cheese, among others.
Soy milk, almond milk, coconut milk, cashew milk, hazelnut milk, oat milk, and hemp milk are considered in the report.
Key players in the market are Fortune Soy Manufacturer Pty Ltd., Q.S.F (Qld) Pty Ltd., Chobani Global Holdings, LLC, Inside Out Nutrients Goods Pty Ltd., Califia Farms, LLC, Australian Health and Nutrition Association Ltd., and Noumi Trading Pty Ltd, among others.
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