Australia Plant-based Beverages Market (2025-2031) Outlook | Value, Size, Analysis, Industry, Growth, Trends, Forecast, Revenue, Companies & Share

Market Forecast By Source (Almond, Soy, Coconut, Rice), By Type (Milk , Other Drinks), By Function (Cardiovascular health, Cancer prevention, Lactose intolerance, Bone health) And Competitive Landscape
Product Code: ETC4549476 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch Author: Summon Dutta No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Australia Plant Based Beverages Market Overview

The plant-based beverages market in Australia is expanding due to growing demand for dairy alternatives. Almond, soy, oat, and coconut-based beverages are popular for their nutritional benefits and lactose-free properties. Rising consumer interest in plant-based diets is driving market growth.

Drivers of the market

The Australia Plant-Based Beverages Market is driven by increasing lactose intolerance and growing consumer preference for dairy-free alternatives. Almond, soy, oat, and coconut-based beverages are gaining popularity due to their health benefits and nutritional value. Rising demand for clean-label and organic plant-based beverages and increasing investment in flavor and texture improvement are fueling market growth. Expanding product availability in supermarkets and specialty stores and the growing popularity of fortified plant-based beverages are further enhancing market demand.

Challenges of the market

The plant-based beverages market in Australia faces challenges from high production and distribution costs. Technical difficulties in maintaining product stability and taste consistency increase operational complexity. Regulatory requirements for product labeling and health claims increase compliance burdens.

Investment opportunities in the Market

The Australia Plant-Based Beverages Market offers strong growth potential due to increasing demand for dairy alternatives. Investment opportunities include developing nutrient-rich and fortified plant-based beverages, improving taste and shelf stability, and expanding into oat, almond, and coconut-based products.

Government Policy of the market

FSANZ regulates the safety, labeling, and nutritional claims of plant-based beverages. The government provides funding for companies developing innovative plant-based milk alternatives. Import regulations ensure that plant-based beverages meet safety, nutritional, and labeling standards.

Key Highlights of the Report:

  • Australia Plant-based Beverages Market Outlook
  • Market Size of Australia Plant-based Beverages Market, 2024
  • Forecast of Australia Plant-based Beverages Market, 2031
  • Historical Data and Forecast of Australia Plant-based Beverages Revenues & Volume for the Period 2021-2031
  • Australia Plant-based Beverages Market Trend Evolution
  • Australia Plant-based Beverages Market Drivers and Challenges
  • Australia Plant-based Beverages Price Trends
  • Australia Plant-based Beverages Porter's Five Forces
  • Australia Plant-based Beverages Industry Life Cycle
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Almond for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Soy for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Coconut for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Rice for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Milk for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Other Drinks for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Function for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Cardiovascular health for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Cancer prevention for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Lactose intolerance for the Period 2021-2031
  • Historical Data and Forecast of Australia Plant-based Beverages Market Revenues & Volume By Bone health for the Period 2021-2031
  • Australia Plant-based Beverages Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Function
  • Australia Plant-based Beverages Top Companies Market Share
  • Australia Plant-based Beverages Competitive Benchmarking By Technical and Operational Parameters
  • Australia Plant-based Beverages Company Profiles
  • Australia Plant-based Beverages Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Plant-based Beverages Market Overview

3.1 Australia Country Macro Economic Indicators

3.2 Australia Plant-based Beverages Market Revenues & Volume, 2021 & 2031F

3.3 Australia Plant-based Beverages Market - Industry Life Cycle

3.4 Australia Plant-based Beverages Market - Porter's Five Forces

3.5 Australia Plant-based Beverages Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Australia Plant-based Beverages Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Australia Plant-based Beverages Market Revenues & Volume Share, By Function, 2021 & 2031F

4 Australia Plant-based Beverages Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness about health and wellness benefits of plant-based diets

4.2.2 Growing demand for dairy alternatives due to lactose intolerance and allergies

4.2.3 Rise in vegan and vegetarian population in Australia

4.3 Market Restraints

4.3.1 Higher cost of plant-based beverages compared to traditional dairy products

4.3.2 Limited product availability and distribution channels

4.3.3 Lack of regulatory framework and standards for plant-based beverages in Australia

5 Australia Plant-based Beverages Market Trends

6 Australia Plant-based Beverages Market, By Types

6.1 Australia Plant-based Beverages Market, By Source

6.1.1 Overview and Analysis

6.1.2 Australia Plant-based Beverages Market Revenues & Volume, By Source, 2021-2031F

6.1.3 Australia Plant-based Beverages Market Revenues & Volume, By Almond, 2021-2031F

6.1.4 Australia Plant-based Beverages Market Revenues & Volume, By Soy, 2021-2031F

6.1.5 Australia Plant-based Beverages Market Revenues & Volume, By Coconut, 2021-2031F

6.1.6 Australia Plant-based Beverages Market Revenues & Volume, By Rice, 2021-2031F

6.2 Australia Plant-based Beverages Market, By Type

6.2.1 Overview and Analysis

6.2.2 Australia Plant-based Beverages Market Revenues & Volume, By Milk , 2021-2031F

6.2.3 Australia Plant-based Beverages Market Revenues & Volume, By Other Drinks, 2021-2031F

6.3 Australia Plant-based Beverages Market, By Function

6.3.1 Overview and Analysis

6.3.2 Australia Plant-based Beverages Market Revenues & Volume, By Cardiovascular health, 2021-2031F

6.3.3 Australia Plant-based Beverages Market Revenues & Volume, By Cancer prevention, 2021-2031F

6.3.4 Australia Plant-based Beverages Market Revenues & Volume, By Lactose intolerance, 2021-2031F

6.3.5 Australia Plant-based Beverages Market Revenues & Volume, By Bone health, 2021-2031F

7 Australia Plant-based Beverages Market Import-Export Trade Statistics

7.1 Australia Plant-based Beverages Market Export to Major Countries

7.2 Australia Plant-based Beverages Market Imports from Major Countries

8 Australia Plant-based Beverages Market Key Performance Indicators

8.1 Percentage of consumers opting for plant-based beverages over traditional dairy products

8.2 Number of new plant-based beverage product launches in the Australian market

8.3 Growth in the number of plant-based beverage manufacturers and suppliers in Australia

9 Australia Plant-based Beverages Market - Opportunity Assessment

9.1 Australia Plant-based Beverages Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Australia Plant-based Beverages Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Australia Plant-based Beverages Market Opportunity Assessment, By Function, 2021 & 2031F

10 Australia Plant-based Beverages Market - Competitive Landscape

10.1 Australia Plant-based Beverages Market Revenue Share, By Companies, 2024

10.2 Australia Plant-based Beverages Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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