Product Code: ETC6188390 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The plant-based protein supplements market in Australia is flourishing as consumers seek alternatives to animal-derived protein powders and bars. Sourced from peas, rice, hemp, soy, and other plants, these supplements cater to fitness enthusiasts, vegans, and health-conscious individuals. The market is supported by increasing awareness of the benefits of plant protein, including lower environmental impact and improved digestibility.
Plant-based protein supplements are growing strongly in Australia, driven by fitness enthusiasts, vegetarians, and vegans seeking alternatives to whey and casein proteins. Pea, rice, hemp, and soy proteins dominate, with formulations targeting muscle recovery, weight management, and general wellness. Taste improvement and clean-label certifications remain important factors for consumer acceptance.
This market struggles with the digestibility, amino acid profile, and taste of plant proteins compared to whey or animal proteins. Achieving complete protein profiles and avoiding allergens is a key challenge. The higher cost of specialty plant proteins limits competitiveness. Moreover, educating fitness and health-conscious consumers about the benefits of plant proteins versus animal proteins is ongoing.
With the fitness and wellness trends gaining momentum, plant-based protein supplements represent a high-potential investment area. Products made from peas, hemp, brown rice, and other plant proteins appeal to vegans, athletes, and those with dairy allergies. Developing blends with enhanced amino acid profiles and appealing flavors can help companies capture both retail and sports nutrition markets.
Protein supplements derived from plants are regulated by the TGA to ensure they meet health and nutrition claims. Government health policies promote plant-based proteins as part of dietary guidelines to improve public health and reduce environmental impacts associated with animal protein production. Funding and incentives exist to advance research in novel plant proteins.
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 Protein Supplements Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Plant Based Protein Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Plant Based Protein Supplements Market - Industry Life Cycle |
3.4 Australia Plant Based Protein Supplements Market - Porter's Five Forces |
3.5 Australia Plant Based Protein Supplements Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Australia Plant Based Protein Supplements Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Australia Plant Based Protein Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Australia Plant Based Protein Supplements Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Plant Based Protein Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Plant Based Protein Supplements Market Trends |
6 Australia Plant Based Protein Supplements Market, By Types |
6.1 Australia Plant Based Protein Supplements Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Australia Plant Based Protein Supplements Market Revenues & Volume, By Raw Material, 2021- 2031F |
6.1.3 Australia Plant Based Protein Supplements Market Revenues & Volume, By Soy, 2021- 2031F |
6.1.4 Australia Plant Based Protein Supplements Market Revenues & Volume, By Spirulina, 2021- 2031F |
6.1.5 Australia Plant Based Protein Supplements Market Revenues & Volume, By Pumpkin Seed, 2021- 2031F |
6.1.6 Australia Plant Based Protein Supplements Market Revenues & Volume, By Wheat, 2021- 2031F |
6.1.7 Australia Plant Based Protein Supplements Market Revenues & Volume, By Hemp, 2021- 2031F |
6.1.8 Australia Plant Based Protein Supplements Market Revenues & Volume, By Rice, 2021- 2031F |
6.1.9 Australia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Australia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Plant Based Protein Supplements Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Australia Plant Based Protein Supplements Market Revenues & Volume, By Protein Powder, 2021- 2031F |
6.2.3 Australia Plant Based Protein Supplements Market Revenues & Volume, By Protein Bars, 2021- 2031F |
6.2.4 Australia Plant Based Protein Supplements Market Revenues & Volume, By Ready-to-Drink, 2021- 2031F |
6.2.5 Australia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Plant Based Protein Supplements Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Australia Plant Based Protein Supplements Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.3 Australia Plant Based Protein Supplements Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.3.4 Australia Plant Based Protein Supplements Market Revenues & Volume, By DTC, 2021- 2031F |
6.3.5 Australia Plant Based Protein Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Australia Plant Based Protein Supplements Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Australia Plant Based Protein Supplements Market Revenues & Volume, By Sports Nutrition, 2021- 2031F |
6.4.3 Australia Plant Based Protein Supplements Market Revenues & Volume, By Functional Food, 2021- 2031F |
7 Australia Plant Based Protein Supplements Market Import-Export Trade Statistics |
7.1 Australia Plant Based Protein Supplements Market Export to Major Countries |
7.2 Australia Plant Based Protein Supplements Market Imports from Major Countries |
8 Australia Plant Based Protein Supplements Market Key Performance Indicators |
9 Australia Plant Based Protein Supplements Market - Opportunity Assessment |
9.1 Australia Plant Based Protein Supplements Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Australia Plant Based Protein Supplements Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Australia Plant Based Protein Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Australia Plant Based Protein Supplements Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Plant Based Protein Supplements Market - Competitive Landscape |
10.1 Australia Plant Based Protein Supplements Market Revenue Share, By Companies, 2024 |
10.2 Australia Plant Based Protein Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |