Reports
Reports
Sale
The Australia oat milk market size was valued at USD 166.57 million in 2023. The market is further projected to grow at a CAGR of 19.50% between 2024 and 2032, reaching a value of USD 844.98 million by 2032.
The rise in vegan population and the adoption of plant-based diets are driving the consumption of oat milk in Australia. Vegan celebrities and chefs promoting plant-based lifestyles have significantly influenced consumer choices, leading to increased consumption of soy milk and oat milk. This trend is boosting the demand for oat milk as a dairy alternative.
Additionally, consumers, especially those allergic to cow's milk, are turning to plant-based milk products like oat milk because it is naturally lactose-free. As a result, Australia’s consumption level of oat milk is on the rise.
Manufacturers are focusing on product innovation by introducing flavoured options like chocolate, vanilla, and caramel to cater to diverse consumer preferences. In addition, oat milk products are being fortified with functional ingredients like probiotics, omega-3 fatty acids, and vitamins to enhance nutritional value. The introduction of flavoured and fortified oat milk products is expanding consumer choices and driving Australian oat milk market growth. In January 2024, Oatly introduced "Unsweetened Oatmilk" and "Super Basic Oatmilk" in the US and Australian market, catering to health-conscious consumers as it has no sugar and less calories.
Additionally, oat milk's smaller carbon footprint and environmentally friendly production processes resonate with eco-conscious consumers, driving its popularity. Brands are emphasising sustainable practices from responsible sourcing of oats to eco-friendly packaging in response to growing environmental concerns, which is contributing to market growth. In March 2022, Oatly launched "The New Norm&Al Show" campaign in Australia to educate and inspire consumers to make sustainable food choices and to promote the benefits of plant-based diet.
According to Australia oat milk market analysis, oat milk is being utilised in the formulation of baby food products due to its nutritional value and suitability for lactose-intolerant individuals. Oat milk also finds applications in the pharmaceutical industry as part of nutraceutical products due to its health benefits and nutrient content.
Australia Oat milk market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Source
Market Breakup by Flavour
Market Breakup by Packaging Form
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
Manufacturers are focusing on enhancing the taste and texture of oat milk and are introducing flavoured options like chocolate and vanilla to cater to diverse preferences.
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:
|
Breakup by Product Type |
|
Breakup by Source |
|
Breakup by Flavour |
|
Breakup by Packaging Form |
|
Breakup by Application |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*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 Oat Milk Market Overview
8.1 Key Industry Highlights
8.2 Australia Oat Milk Historical Market (2018-2023)
8.3 Australia Oat Milk Market Forecast (2024-2032)
9 Australia Oat Milk Market by Product Type
9.1 Reduced Fat
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Regular/Full Fat
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Others
10 Australia Oat Milk Market by Source
10.1 Organic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Conventional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Australia Oat Milk Market by Flavour
11.1 Plain
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Flavoured
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup By Type
11.2.3.1 Vanilla
11.2.3.2 Fruit
11.2.3.3 Chocolate
11.2.3.4 Others
11.3 Others
12 Australia Oat Milk Market by Packaging Form
12.1 Cans
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Cartons
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Bottles
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Australia Oat Milk Market by Application
13.1 Food & Beverages
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Nutraceutical & Baby Food
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Pharmaceuticals
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Personal Care
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Australia Oat Milk Market by Distribution Channel
14.1 Supermarkets and Hypermarkets
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Convenience Stores
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Online Channels
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Others
15 Australia Oat Milk Market by Region
15.1 New South Wales
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Victoria
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Queensland
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Australian Capital Territory
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Western Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Chobani Pty Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Inside Out Nutritious Goods Pty Ltd
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Califia Farms, LLC
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Australian Health and Nutrition Association Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Noumi Limited
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Wide Open Agriculture Ltd
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 OatMilkGoodness
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Oatly Group
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Oat Milk Market: Key Industry Highlights, 2018 and 2032
2. Australia Oat Milk Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Australia Oat Milk Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Australia Oat Milk Historical Market: Breakup by Source (USD Million), 2018-2023
5. Australia Oat Milk Market Forecast: Breakup by Source (USD Million), 2024-2032
6. Australia Oat Milk Historical Market: Breakup by Flavor (USD Million), 2018-2023
7. Australia Oat Milk Market Forecast: Breakup by Flavor (USD Million), 2024-2032
8. Australia Oat Milk Historical Market: Breakup by Packaging Form (USD Million), 2018-2023
9. Australia Oat Milk Market Forecast: Breakup by Packaging Form (USD Million), 2024-2032
10. Australia Oat Milk Historical Market: Breakup by Application (USD Million), 2018-2023
11. Australia Oat Milk Market Forecast: Breakup by Application (USD Million), 2024-2032
12. Australia Oat Milk Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
13. Australia Oat Milk Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
14. Australia Oat Milk Historical Market: Breakup by Region (USD Million), 2018-2023
15. Australia Oat Milk Market Forecast: Breakup by Region (USD Million), 2024-2032
16. Australia Oat Milk Market Structure
In 2023, the market reached an approximate value of USD 166.57 million.
The market is expected to grow at a CAGR of 19.50% between 2024 and 2032.
The oat milk market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 844.98 million by 2032.
Factors driving the market growth include the expanding vegan and vegetarian population, rising lactose intolerance awareness, and several health benefits of oat milk.
Key trends aiding the market expansion are consumer’s shift toward non-genetically modified organisms (GMO) and pesticide-free products and the launch of oat milk in unique flavours across the country.
Regions considered in the market are South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on application, the market segmentations include food & beverages, nutraceutical & baby food, pharmaceuticals, and personal care, among others.
In packaging forms, cans, cartons, and bottles are considered in the report.
Key players in the market are Chobani Pty Ltd., Inside Out Nutritious Goods Pty Ltd., Califia Farms, LLC, Australian Health and Nutrition Association Ltd, Noumi Limited, Wide Open Agriculture Ltd, OatMilkGoodness, and Oatly Group, among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.