Product Code: ETC6191618 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The soy and milk protein ingredients market in Australia caters to food, beverage, and nutritional supplement industries. Rising health consciousness and the popularity of high-protein diets are key drivers. While milk proteins dominate traditional applications, soy proteins are increasingly favored in plant-based products and vegan alternatives.
Australias soy and milk protein ingredients market is growing due to the increased focus on sports nutrition, weight management, and plant-based diets. Demand for protein-enriched foods and beverages is rising. The market is also influenced by clean-label trends and the rising popularity of dairy alternatives.
This market is challenged by increasing competition from plant-based alternatives such as almond and oat proteins. Furthermore, allergen concerns and changing dietary trends toward non-soy-based proteins affect consumer demand, requiring diversification of ingredient portfolios.
This market in Australia is expanding due to growing demand for plant-based and dairy-alternative protein sources. With the rise in veganism, lactose intolerance awareness, and fitness-oriented consumers, soy and milk protein ingredients are becoming staples in food, beverage, and supplement formulations. Investment opportunities abound in manufacturing, product innovation, and exporting value-added protein powders and concentrates, especially targeting health-conscious and sports nutrition segments.
Policies supporting plant-based and alternative protein industries drive the growth of soy and milk protein ingredients. The Australia government funds initiatives like the Protein Roadmap and AgriFutures Australia to support R&D in sustainable and nutritious food ingredients. Food safety regulations, export certifications, and investment incentives for food innovation hubs further facilitate market expansion.
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 Soy and Milk Protein Ingredients Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Soy and Milk Protein Ingredients Market - Industry Life Cycle |
3.4 Australia Soy and Milk Protein Ingredients Market - Porter's Five Forces |
3.5 Australia Soy and Milk Protein Ingredients Market Revenues & Volume Share, By Protein Type, 2021 & 2031F |
3.6 Australia Soy and Milk Protein Ingredients Market Revenues & Volume Share, By Milk Protein Types, 2021 & 2031F |
3.7 Australia Soy and Milk Protein Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Soy and Milk Protein Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of soy and milk protein ingredients |
4.2.2 Growing demand for plant-based and dairy alternative products |
4.2.3 Rising prevalence of lactose intolerance and dairy allergies in the population |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like soybeans and milk |
4.3.2 Limited availability of soy and milk protein ingredients in certain regions |
4.3.3 Stringent regulations and labeling requirements for food products |
5 Australia Soy and Milk Protein Ingredients Market Trends |
6 Australia Soy and Milk Protein Ingredients Market, By Types |
6.1 Australia Soy and Milk Protein Ingredients Market, By Protein Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Protein Type, 2021- 2031F |
6.1.3 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Soy Protein Isolates, 2021- 2031F |
6.1.4 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Soy Protein Concentrates, 2021- 2031F |
6.1.5 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Soy Protein Hydrolysates, 2021- 2031F |
6.1.6 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Soy and Milk Protein Ingredients Market, By Milk Protein Types |
6.2.1 Overview and Analysis |
6.2.2 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Milk Protein Concentrates & Isolates, 2021- 2031F |
6.2.3 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Casein/Caseinates, 2021- 2031F |
6.2.4 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Whey Protein Concentrates, 2021- 2031F |
6.2.5 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Whey Protein Isolates, 2021- 2031F |
6.2.6 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Whey Protein Hydrolysates, 2021- 2031F |
6.3 Australia Soy and Milk Protein Ingredients Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.3 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Infant formulations, 2021- 2031F |
6.3.4 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Personal care and cosmetics, 2021- 2031F |
6.3.5 Australia Soy and Milk Protein Ingredients Market Revenues & Volume, By Animal Feed, 2021- 2031F |
7 Australia Soy and Milk Protein Ingredients Market Import-Export Trade Statistics |
7.1 Australia Soy and Milk Protein Ingredients Market Export to Major Countries |
7.2 Australia Soy and Milk Protein Ingredients Market Imports from Major Countries |
8 Australia Soy and Milk Protein Ingredients Market Key Performance Indicators |
8.1 Percentage of new product launches featuring soy and milk protein ingredients |
8.2 Consumer adoption rate of plant-based and dairy alternative products |
8.3 Number of research studies highlighting the health benefits of soy and milk protein ingredients |
9 Australia Soy and Milk Protein Ingredients Market - Opportunity Assessment |
9.1 Australia Soy and Milk Protein Ingredients Market Opportunity Assessment, By Protein Type, 2021 & 2031F |
9.2 Australia Soy and Milk Protein Ingredients Market Opportunity Assessment, By Milk Protein Types, 2021 & 2031F |
9.3 Australia Soy and Milk Protein Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Soy and Milk Protein Ingredients Market - Competitive Landscape |
10.1 Australia Soy and Milk Protein Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Australia Soy and Milk Protein Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |