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Australia Protein Market

Australia Protein Market Size, Share, Growth, Analysis: By Type: Animal, Plant, Microbial, Others; By End Use: Animal Feed, Personal Care and Cosmetics, Food and Beverages, Supplements, Others; By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, Online Channels, Others; Regional Analysis; Competitive Landscape; 2024-2032

Australia Protein Market Outlook

The Australia protein market size is projected to grow at a CAGR of 4.87% between 2024 and 2032.

 

Key Takeaways:

  • Around 13 million adults and 3 million children participate in sports yearly, as stated by the Department of Health and Age Care.
  • Australian egg farmers produced 6.68 billion eggs or 557.4 million dozen in the 2022-23 financial year.
  • The Department of Agriculture, Fisheries, and Forestry (DAFF) forecast a 2% increase in poultry meat production.

 

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

 

Market Segmentation

Australia Protein Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Animal 
    • Casein and Caseinates 
    • Collagen 
    • Egg Protein 
    • Gelatin 
    • Milk Protein 
    • Whey Protein 
  • Plant
    • Hemp Protein 
    • Pea Protein 
    • Potato Protein 
    • Rice Protein 
    • Soy Protein 
    • Wheat Protein 
  • Microbial
    • Algae Protein
    • Mycoprotein
  • Others

 

Market Breakup by End Use

  • Animal Feed
  • Personal Care and Cosmetics
  • Food and Beverages
  • Supplements
  • Others

 

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Channels
  • Others

 

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital
  • Western Australia
  • Others

 

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.

 

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:

  • Type
  • End Use
  • Distribution Channel
  • Region
Breakup by Type
  • Animal
  • Plant
  • Microbial
  • Others
Breakup by End Use
  • Animal Feed
  • Personal Care and Cosmetics
  • Food and Beverages
  • Supplements
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Channels
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Vitaco Health Australia Pty Ltd. 
  • Bioflex Nutrition
  • Australian Plant Proteins Pty Ltd.
  • Axiom Foods, Inc. 
  • Noumi Trading Pty Ltd.
  • Biodome Functional Foods
  • Glanbia Plc
  • Others

 

*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

Key Questions Answered in the Report

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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