Plant-Based Dairy in Australia

Plant-Based Dairy in Australia


Plant-based milk has been growing steadily in Australia, maintaining both value and volume growth, when its dairy counterparts have struggled to grow in terms of the latter measure. In a more recent development, the growth of oat milk has also been outpacing other plant-based milks, such as almond or soy. Oat milk is on track to be the most sold plant-based alternative milk in cafés around Australia. The taste and texture of oat milk are able to replicate a similar experience to cow’s milk, and...

Euromonitor International's Plant-based Dairy in Australia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Plant-based Dairy market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop


Plant-Based Dairy in Australia
Euromonitor International
September 2023
List Of Contents And Tables
PLANT-BASED DAIRY IN AUSTRALIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Oat milk is quickly becoming Australia’s favourite plant-based milk
Chobani enters plant-based yoghurt with an oat-based variant
Companies continue to innovate and develop new plant-based products
PROSPECTS AND OPPORTUNITIES
Plant-based foods appeal to a wider audience than originally expected
Improving the health aspect of plant-based alternatives to match their dairy counterparts
Brand loyalty less important in an age of price sensitivity and increased competition
CATEGORY DATA
Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
Table 3 Sales of Other Plant-Based Milk by Type: % Value 2020-2023
Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
Table 6 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN AUSTRALIA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 9 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 13 Penetration of Private Label by Category: % Value 2018-2023
Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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