| Product Code: ETC4595256 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia`s import trend for plant-based protein in the feed market showed a growth rate of 2.85% from 2023 to 2024, with a compound annual growth rate (CAGR) of 7.17% from 2020 to 2024. This increase in imports can be attributed to the shifting consumer preferences towards plant-based diets, signaling a notable demand shift in the market.
As the demand for sustainable protein sources grows, Australia feed industry explores opportunities in plant-based proteins for animal feed. The market for plant-based protein feed ingredients is driven by factors such as environmental sustainability, animal welfare considerations, and consumer preferences for ethically sourced products.
Australia feed plant-based protein market is propelled by factors such as the growing popularity of plant-based diets, sustainability concerns, and the need to reduce reliance on traditional protein sources such as soybean meal and fishmeal. Plant-based proteins offer an alternative source of high-quality protein for livestock feed formulations, contributing to reduced environmental impact and enhanced resource efficiency in animal agriculture. As consumer demand for ethically sourced and sustainable animal products continues to rise, there is an increasing interest in incorporating plant-based proteins into animal diets in the Australia market.
The feed plant-based protein market faces challenges related to scalability and cost-effectiveness. While plant-based proteins offer sustainable alternatives to traditional animal-derived sources, achieving sufficient production volumes and competitive pricing remains a challenge. Additionally, addressing concerns regarding amino acid profiles and nutritional adequacy is essential for widespread adoption in the feed industry.
With the growing demand for plant-based protein sources in animal diets, government policies in the feed plant-based protein market may focus on promoting sustainable sourcing and processing practices. Regulations may include guidelines for the use of plant-based proteins in feed formulations and requirements for product labeling and marketing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Feed Plant-based Protein Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Feed Plant-based Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Feed Plant-based Protein Market - Industry Life Cycle |
3.4 Australia Feed Plant-based Protein Market - Porter's Five Forces |
3.5 Australia Feed Plant-based Protein Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Australia Feed Plant-based Protein Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.7 Australia Feed Plant-based Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Australia Feed Plant-based Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and adoption of plant-based diets for health and environmental reasons |
4.2.2 Growing demand for alternative protein sources due to concerns over animal welfare and sustainability |
4.2.3 Government initiatives promoting plant-based agriculture and sustainable food production |
4.3 Market Restraints |
4.3.1 High production costs associated with plant-based protein processing and manufacturing |
4.3.2 Limited availability of raw materials for plant-based protein production |
4.3.3 Lack of consumer acceptance and familiarity with plant-based protein products compared to traditional animal-based feeds |
5 Australia Feed Plant-based Protein Market Trends |
6 Australia Feed Plant-based Protein Market, By Types |
6.1 Australia Feed Plant-based Protein Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Australia Feed Plant-based Protein Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Australia Feed Plant-based Protein Market Revenues & Volume, By Soy, 2021-2031F |
6.1.4 Australia Feed Plant-based Protein Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Australia Feed Plant-based Protein Market Revenues & Volume, By Pea, 2021-2031F |
6.1.6 Australia Feed Plant-based Protein Market Revenues & Volume, By Sunflower, 2021-2031F |
6.2 Australia Feed Plant-based Protein Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 Australia Feed Plant-based Protein Market Revenues & Volume, By Pets, 2021-2031F |
6.2.3 Australia Feed Plant-based Protein Market Revenues & Volume, By Swine, 2021-2031F |
6.2.4 Australia Feed Plant-based Protein Market Revenues & Volume, By Ruminants, 2021-2031F |
6.2.5 Australia Feed Plant-based Protein Market Revenues & Volume, By Poultry, 2021-2031F |
6.2.6 Australia Feed Plant-based Protein Market Revenues & Volume, By Aquatic Animals, 2021-2031F |
6.3 Australia Feed Plant-based Protein Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Feed Plant-based Protein Market Revenues & Volume, By Concentrates, 2021-2031F |
6.3.3 Australia Feed Plant-based Protein Market Revenues & Volume, By Isolates, 2021-2031F |
7 Australia Feed Plant-based Protein Market Import-Export Trade Statistics |
7.1 Australia Feed Plant-based Protein Market Export to Major Countries |
7.2 Australia Feed Plant-based Protein Market Imports from Major Countries |
8 Australia Feed Plant-based Protein Market Key Performance Indicators |
8.1 Percentage of agricultural land allocated to plant-based protein cultivation |
8.2 Number of new product launches in the plant-based protein feed segment |
8.3 Growth rate of plant-based protein feed consumption in the livestock industry |
9 Australia Feed Plant-based Protein Market - Opportunity Assessment |
9.1 Australia Feed Plant-based Protein Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Australia Feed Plant-based Protein Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.3 Australia Feed Plant-based Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Australia Feed Plant-based Protein Market - Competitive Landscape |
10.1 Australia Feed Plant-based Protein Market Revenue Share, By Companies, 2024 |
10.2 Australia Feed Plant-based Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |