The Australia plant protein market size reached USD 195.22 Million in 2025. The market is expected to grow at a CAGR of 5.64% between 2026 and 2035, reaching USD 337.92 Million by 2035.
Base Year
Historical Period
Forecast Period
The USDA stated Australia produced 42,000 tons of soybeans in 2022/23, driven by rising demand due to its protein-rich reputation.
Research indicates that around 2% of Australians are projected to follow a vegan diet, boosting the demand for plant-based proteins.
Purchasing dairy and meat alternatives from Australian retailers rose by another 14% in 2020-21, sustaining the previous two years' trend.
Compound Annual Growth Rate
5.64%
Value in USD Million
2026-2035
*this image is indicative*
Organic products drive the Australia plant protein market growth due to their cultivation without synthetic pesticides, herbicides, or fertilizers
Organic plant proteins provide advantages such as the absence of synthetic chemicals, environmental sustainability, non-GMO status, perceived nutritional superiority, and concern for animal welfare. This appeals to consumers worried about the presence of chemical residues in their food. They also support small-scale farmers, appealing to health-conscious and environmentally aware consumers.
Conventional plant proteins, on the other hand, are characterized by lower costs, wide availability, and consistent quality. They adhere to regulatory standards, offer familiarity, and have longer shelf lives, catering to a broader consumer base seeking affordability, convenience, and product reliability. Numerous brands are now introducing plant protein products into the market.
In September 2023, Shandi Global, a plant-based company based in Singapore, entered the Australian market with its protein-rich RTE products. Shandi Global had created a range of plant-based items asserted to be just as, if not more, nutritious than traditional chicken meat. These products were scheduled for launch in both local and international markets.
Australia Plant Protein Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Nature
Market Breakup by Type
Market Breakup by Source
Market Breakup by Application
Market Breakup by Region
The Australia plant protein market key players are:
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The market was valued at USD 195.22 Million in 2025.
The market is projected to grow at a CAGR of 5.64% between 2026 and 2035.
The revenue generated from the plant protein market is expected to reach USD 337.92 Million in 2035.
The plant protein market is categorised according to nature, which includes organic and conventional.
The key players are Professional Whey Pty Ltd., Australian Plant Proteins Pty Ltd., Axiom Foods, Inc. (Pacific Resources International), Manildra Flour Mills Pty. Ltd., Danisco Australia Pty Limited, and Harvest B among others.
Based on the type, the market is divided into concentrate, isolate and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| 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 Nature |
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| Breakup by Type |
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| Breakup by Source |
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| Breakup by Application |
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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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