Plant-Based Dairy in Australia

In 2024, plant-based dairy in Australia continues to thrive with steady volume growth. While demand remains strong, unit prices have begun to stabilise due to falling commodity prices and increased production in Australia. The Dairy Products and Alternatives Price Tracker reveals that the price of plant-based milk has dropped by 10.8% year-to-date through to April 2024, based on online SKU data from over 2,000 retailers.

The 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 2019-2023, 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 directly informs our forecasts to 2028, 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.