| Product Code: ETC6186710 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Okara, the soybean pulp byproduct from tofu and soy milk production, is gaining attention in Australia for its high fiber and protein content. Traditionally discarded or used as animal feed, okara is now being revalorized in health foods and sustainable packaging. Small-scale food startups and plant-based innovators are incorporating okara into snacks, baking flours, and meat substitutes. The market is still niche but growing, supported by rising consumer interest in zero-waste food production and plant-based diets. Universities and food tech companies are exploring ways to enhance its shelf life and nutritional usability. Local soy processors are also beginning to collaborate with food developers to commercialize this ingredient.
The okara market in Australia is growing, driven by the rising interest in plant-based food products and sustainable ingredient sourcing. Okara, a byproduct of soy milk and tofu production, is a rich source of fiber, protein, and essential nutrients, making it an ideal ingredient in health-focused products. The increasing demand for vegan, vegetarian, and gluten-free foods is promoting the market for okara, as it is used in various food products, including baked goods, snacks, and meat alternatives. Additionally, okara is gaining popularity as a sustainable ingredient due to its low environmental impact and nutritional benefits. The market is further fueled by the trend toward upcycling food waste and reducing food productions environmental footprint.
Australias oily waste can market must navigate increasingly strict workplace safety and environmental regulations. Manufacturing cans that are both affordable and compliant with new fire safety standards is technically demanding. Public and industrial awareness about the importance of safe oily waste disposal remains low, limiting market expansion. Cheaper imported alternatives put pricing pressure on domestic manufacturers. Furthermore, fluctuating steel prices affect production costs and margins.
Okara, a by-product of soy milk and tofu production, is gaining attention as a sustainable and nutritious food ingredient. In Australia, the trend toward plant-based and zero-waste food systems creates a ripe opportunity for okara commercialization. Investors can focus on developing okara-based flours, snacks, or protein supplements targeting vegan and health-conscious consumers. Research and development into shelf-stable forms of okara and its integration into ready-to-eat products can unlock broader markets. With limited competition, early entrants could establish themselves as pioneers in this niche. Collaborating with soy processing plants ensures a steady supply of raw material, enhancing operational efficiency.
Okara, a byproduct of soy milk and tofu production, is gaining attention in Australia for its potential in food innovation and waste reduction. The government supports research and development initiatives that explore the utilization of food byproducts like okara through grants and funding programs. Food Standards Australia New Zealand (FSANZ) regulates the incorporation of such byproducts into food products, ensuring they meet safety and nutritional standards. The National Food Waste Strategy aims to halve food waste by 2030, encouraging industries to find innovative uses for byproducts. Collaborations between research institutions and food manufacturers are promoted to develop value-added products from okara, such as high-fiber snacks and meat alternatives. These initiatives not only reduce waste but also contribute to the circular economy by creating new market opportunities. Through these policies, the government fosters sustainability and innovation in the food industry.?
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 Okara Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Okara Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Okara Market - Industry Life Cycle |
3.4 Australia Okara Market - Porter's Five Forces |
3.5 Australia Okara Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.6 Australia Okara Market Revenues & Volume Share, By Nutritional Sources, 2021 & 2031F |
3.7 Australia Okara Market Revenues & Volume Share, By By-Product, 2021 & 2031F |
3.8 Australia Okara Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Australia Okara Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Okara Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of okara |
4.2.2 Growing demand for plant-based protein sources in Australia |
4.2.3 Rising trend of vegan and vegetarian diets in the country |
4.3 Market Restraints |
4.3.1 Limited availability of okara products in the market |
4.3.2 Price sensitivity of consumers towards plant-based products |
4.3.3 Lack of widespread knowledge about okara and its uses in cooking |
5 Australia Okara Market Trends |
6 Australia Okara Market, By Types |
6.1 Australia Okara Market, By Usage |
6.1.1 Overview and Analysis |
6.1.2 Australia Okara Market Revenues & Volume, By Usage, 2021- 2031F |
6.1.3 Australia Okara Market Revenues & Volume, By Bread, 2021- 2031F |
6.1.4 Australia Okara Market Revenues & Volume, By Steamed Bread, 2021- 2031F |
6.1.5 Australia Okara Market Revenues & Volume, By Noodles, 2021- 2031F |
6.1.6 Australia Okara Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Okara Market, By Nutritional Sources |
6.2.1 Overview and Analysis |
6.2.2 Australia Okara Market Revenues & Volume, By Protein, 2021- 2031F |
6.2.3 Australia Okara Market Revenues & Volume, By Fat, 2021- 2031F |
6.2.4 Australia Okara Market Revenues & Volume, By Calcium, 2021- 2031F |
6.2.5 Australia Okara Market Revenues & Volume, By Minerals Dietary Fiber, 2021- 2031F |
6.3 Australia Okara Market, By By-Product |
6.3.1 Overview and Analysis |
6.3.2 Australia Okara Market Revenues & Volume, By Tofu, 2021- 2031F |
6.3.3 Australia Okara Market Revenues & Volume, By Soy Milk, 2021- 2031F |
6.4 Australia Okara Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Australia Okara Market Revenues & Volume, By Hotels, 2021- 2031F |
6.4.3 Australia Okara Market Revenues & Volume, By Restaurants and Catering, 2021- 2031F |
6.4.4 Australia Okara Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.4.5 Australia Okara Market Revenues & Volume, By Household, 2021- 2031F |
6.4.6 Australia Okara Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Australia Okara Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Australia Okara Market Revenues & Volume, By Store-Based, 2021- 2031F |
6.5.3 Australia Okara Market Revenues & Volume, By Non-Store-Based, 2021- 2031F |
7 Australia Okara Market Import-Export Trade Statistics |
7.1 Australia Okara Market Export to Major Countries |
7.2 Australia Okara Market Imports from Major Countries |
8 Australia Okara Market Key Performance Indicators |
8.1 Number of new product launches featuring okara in the Australian market |
8.2 Percentage increase in okara consumption per capita |
8.3 Growth in the number of restaurants and food outlets offering okara-based dishes |
9 Australia Okara Market - Opportunity Assessment |
9.1 Australia Okara Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.2 Australia Okara Market Opportunity Assessment, By Nutritional Sources, 2021 & 2031F |
9.3 Australia Okara Market Opportunity Assessment, By By-Product, 2021 & 2031F |
9.4 Australia Okara Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Australia Okara Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Okara Market - Competitive Landscape |
10.1 Australia Okara Market Revenue Share, By Companies, 2024 |
10.2 Australia Okara Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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