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Report Overview
The Australia dairy alternatives market, valued at AUD 973.48 million in 2025, has experienced significant growth, driven by the lower environmental impact of dairy alternatives, which support eco-conscious consumer choices. The market is expected to grow at a compound annual growth rate (CAGR) of 8.00% from 2026 to 2035, potentially reaching AUD 2101.67 million by 2035, as ongoing innovation improves the taste, texture, and nutritional quality of dairy alternatives.
- According to the ABS, the apparent consumption of dairy and meat substitutes has increased by 13.8% in 2020-21.
- The Australian dairy group, Bega Cheese launched its plant-based cheese alternative for health-conscious individuals.
- As per the ABS, a 14.6% change was estimated for the consumption of dairy milk substitutes (unflavoured) in 2020-21.
Compound Annual Growth Rate
8%
Value in AUD million
2026-2035
Based on the source, the Australia dairy alternative market share is driven by soy.
Soy is being widely used as a dairy alternative and used in various applications such as beverages, cooking, and baking. It is rich in various vitamins and minerals such as calcium, vitamin A, vitamin B and others. Over the period, individuals have become health conscious and consume dairy alternatives as it is a complete protein source and contains essential amino acids while improving bone health, immune function, and overall well-being. Almond is also rich in vitamin E and calcium is naturally lactose-free and is consumed by individuals as it is suitable for lactose intolerance or dairy allergies, sufficient calorie intake or seeking a lighter alternative.
| Australia Dairy Alternative Market Report Summary | Description | Value |
| Base Year | AUD million | 2025 |
| Historical Period | AUD million | 2019-2025 |
| Forecast Period | AUD million | 2026-2035 |
| Market Size 2025 | AUD million | 973.48 |
| Market Size 2035 | AUD million | 2101.67 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 8.00% |
| CAGR 2026-2035 - Market by Region | Australian Capital Territory | 9.1% |
| CAGR 2026-2035 - Market by Region | Queensland | 7.2% |
| CAGR 2026-2035 - Market by Source | Oats | 9.0% |
| CAGR 2026-2035 - Market by istribution Channel | Online Channels | 8.8% |
| Market Share by Region | Western Australia | 15.6% |
The growing health concerns by individuals have driven the Australia dairy alternatives market as the consumption of dairy milk substitutes has increased. As reported by ABS, almond milk and soy milk apparent consumption have risen rapidly between 2018-19 and 2020-21 by 31% and 16% respectively.
According to the Australian Bureau of Statistics (ABS), the dietary energy per capita per day between 2019-20 and 2020-21 has increased to 5.6 kilojoules, thus boosting the Australia dairy alternatives market growth.
"Australia Dairy Alternatives Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Source
- Almond
- Soy
- Oats
- Coconut
- Others
Market Breakup by Formulation
- Plain
- Flavoured
Market Breakup by Nutrient
- Protein
- Starch
- Vitamin
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Channels
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Australia Dairy Alternatives Market Share
Consumers seeking dairy alternatives often look for products that can match or exceed the protein content of traditional dairy. This focus on protein is driven by the growing health and wellness trends, where protein is valued for its role in muscle maintenance, satiety, and overall nutrition.
| CAGR 2026-2035 - Market by | Region |
| Australian Capital Territory | 9.1% |
| Queensland | 7.2% |
| New South Wales | 6.4% |
| Victoria | XX% |
| Western Australia | XX% |
| Others | XX% |
Leading Companies in the Australia Dairy Alternatives Market
The growth of the dairy alternatives market is fueled as manufacturers of dairy alternatives, such as plant-based milk, yoghurts, and cheeses, prioritise fortifying their products with protein to meet consumer demand and nutritional expectations.
- Nestle Australia Limited
- Nutricia Australia Pty Limited
- Blue Diamond Growers
- PureHarvest
- Califia Farms, LLC
- Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Key Questions Answered in the Report
Based on the source, the dairy alternatives market is bifurcated into almonds, soy, oats, coconut, and others.
Key players in the industry are Nestle Australia Limited, Nutricia Australia Pty Limited, Blue Diamond Growers, PureHarvest and Califia Farms, LLC among others.
Based on nutrients, the dairy alternatives market is divided into protein, starch, vitamins, and others.
The different distribution channels in the dairy alternatives market include supermarkets and hypermarkets, convenience stores, online channels, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
In 2025, the Australia dairy alternatives market reached an approximate value of AUD 973.48 million.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach a value of around AUD 2101.67 million by 2035.
The market is assessed to grow at a CAGR of 8.00% between 2026 and 2035.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Source |
|
| Breakup by Formulation |
|
| Breakup by Nutrient |
|
| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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