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The Australia protein market size is projected to grow at a CAGR of 4.87% between 2024 and 2032.
Food and beverage industries drive the Australia protein market growth as they frequently incorporate proteins swiftly absorbed by the body, particularly beneficial for post-workout recuperation
Protein supplements offer convenience with portable options such as powders, bars, and shakes for quick nutrition on the go. They allow precise management of protein intake, aid in swift absorption for post-workout recovery, and offer specialized formulas for diverse dietary needs. This supports the health objectives of athletes, individuals managing weight, and those with specific dietary preferences.
The Food and Beverage industry offers a wide range of flavours and textures, incorporating protein into various meal choices. Natural sources of protein such as meat, dairy, legumes, and grains provide familiarity and ease of use. These products ensure nutritional balance, can function as meal substitutes, and are reliable sources of nutrition, particularly from reputable brands.
In September 2023, NEXT! Foods, a significant player in the plant-based food market, launched innovative fresh plant-based pasta sauces, available in over 550 Coles stores. Crafted by acclaimed chefs, these Australian-made sauces promise gourmet flavours and convenience, starting with Bangin’ Creamy Carbonara and Super Saucy Bolognese, with more varieties expected.
Australia 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 End Use
Market Breakup by Distribution Channel
Market Breakup by Region
The Australia protein market key players are Vitaco Health Australia Pty Ltd., Bioflex Nutrition, Australian Plant Proteins Pty Ltd., Axiom Foods, Inc., Noumi Trading Pty Ltd., Biodome Functional Foods, and Glanbia Plc among others.
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 End Use |
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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 Australia Protein Market Overview
8.1 Key Industry Highlights
8.2 Australia Protein Historical Market (2018-2023)
8.3 Australia Protein Market Forecast (2024-2032)
9 Australia Protein Market by Type
9.1 Animal
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup By Type
9.1.3.1 Casein and Caseinates
9.1.3.2 Collagen
9.1.3.3 Egg Protein
9.1.3.4 Gelatin
9.1.3.5 Insect Protein
9.1.3.6 Milk Protein
9.1.3.7 Whey Protein
9.2 Plant
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup By Type
9.2.3.1 Hemp Protein
9.2.3.2 Pea Protein
9.2.3.3 Potato Protein
9.2.3.4 Rice Protein
9.2.3.5 Soy Protein
9.2.3.6 Wheat Protein
9.3 Microbial
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup By Type
9.3.3.1 Algae Protein
9.3.3.2 Mycoprotein
9.4 Others
10 Australia Protein Market by End Use
10.1 Animal Feed
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Personal Care and Cosmetics
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Food and Beverages
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Supplements
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Australia Protein Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Specialty 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 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 Australia Capital
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 Trade Data Analysis (HS Code - 210610)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Vitaco Health Australia Pty Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Bioflex Nutrition
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Australian Plant Proteins Pty Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Axiom Foods, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Noumi Trading Pty Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Biodome Functional Foods
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Glanbia Plc
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Protein Market: Key Industry Highlights, 2018 and 2032
2. Australia Protein Historical Market: Breakup by Type (USD Million), 2018-2023
3. Australia Protein Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Australia Protein Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Australia Protein Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Australia Protein Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Australia Protein Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Australia Protein Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Protein Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Major Importing Countries by Volume
11. Major Exporting Countries by Volume
12. Major Importing Countries by Value
13. Major Exporting Countries by Value
14. Australia Protein Market Structure
The market is projected to grow at a CAGR of 4.87% between 2024 and 2032.
The protein market is categorised according to the end use, which includes animal feed, personal care and cosmetics, food and beverages, supplements, and others.
The key players are Vitaco Health Australia Pty Ltd., Bioflex Nutrition, Australian Plant Proteins Pty Ltd., Axiom Foods, Inc., Noumi Trading Pty Ltd., Biodome Functional Foods, and Glanbia Plc among others.
Based on the distribution channel, the market is divided into supermarkets and hypermarkets, speciality stores, online channels, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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