Report Overview

The Australia dairy market is expected to grow at a CAGR of 3.37% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to the Australian Bureau of Statistics, the per capita consumption of dairy milk is 187.1 grams per day in 2020-2021.
  • As per Dairy Australia, in 2022, Victoria and New South Wales had a major milk production share of 64.4% and 12.1% respectively.
  • According to the Department of Agriculture, Fisheries and Forestry, about 8.8 billion litres of milk were produced in 2022-23.

Australia Dairy Market Growth

Compound Annual Growth Rate

Value in AUD billion

3.37%

2024-2032


Australia Dairy Market Outlook

*this image is indicative*

Supermarkets and hypermarkets are widely used by consumers for the purchase of dairy products or items as they offer convenience in their grocery shopping routine thus driving the Australia dairy market

The Australia dairy market revenue is being driven by the growth of supermarkets and hypermarkets, which provide a diverse range of dairy items such as milk, cheese, yoghurt, butter, and other items to meet the preferences and dietary needs of consumers. They also maintain freshness and quality by implementing strict quality control measures and proper storage facilities.

Australia Dairy Market Report

The Australia dairy market developments are driven by new technologies and advancements for manual herd milking systems in farms in Australia. Automatic milking systems in the form of a fully robotic rotary parlour are being developed to milk cows twice a day as the earlier milking process is time-consuming and labour-intensive.

Australia Dairy Market Summary Description Value
Base Year AUD Billion 2023
Historical period AUD Billion 2018-2023
Forecast Period AUD Billion 2024-2032
Market Size 2023 AUD Billion 9.2
Market Size 2032 AUD Billion 12.4
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 3.4%
CAGR 2024-2032 - Market by Region New South Wales 3.8%
CAGR 2024-2032 - Market by Region Western Australia 3.2%
CAGR 2024-2032 - Market by Product Type Milk 3.8%
CAGR 2024-2032 - Market by Distribution Channels Supermarkets and Hypermarkets 3.7%
Market Share by Region Queensland 18.6%

According to the Australian Bureau of Statistics, in 2020-21 the per capita consumption of Milk, yoghurt, cheese and alternatives was 277 grams per day.

Australia Dairy Market Segmentation

Australia Dairy Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Milk
  • Laban
  • Cheese
  • Butter
  • Yoghurt and Curd
  • Others

Market Breakup by Application

  • Bakery and Confectionery
  • Clinical Nutrition
  • Frozen Food
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online Channels
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Dairy Market Share

Dairy products are widely used in the bakery and confectionery sector. They serve as key ingredients in baking goods like cakes, pastries, and cookies, providing richness, moisture, and flavour. Dairy products such as milk, butter, cream, and cheese are also integral to the production of confectionery items like chocolates, ice creams, and desserts.

CAGR 2024-2032 - Market by Region
New South Wales 3.8%
Western Australia 3.2%
Others 2.7%
Victoria XX%
Queensland XX%
Australian Capital Territory XX%

Leading Companies in the Australia Dairy Market

The growth of the dairy market is fueled by the development of reduced-sugar products catering to the diverse needs of health-conscious individuals.

  • Bega Dairy and Drinks Pty Ltd
  • The a2 Milk Company (Australia) Pty Ltd
  • Regal Cream Products Pty Ltd
  • Parmalat Australia Pty Ltd
  • Saputo Dairy Australia Pty Ltd
  • Chobani Pty Ltd
  • Ballantyne
  • Procal Dairies Pty Ltd

*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.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.37% between 2024 and 2032.

Based on the product type, the dairy market is bifurcated into milk, laban, cheese, butter, yoghurt, and curd.

Key players in the industry are Bega Dairy and Drinks Pty Ltd, The a2 Milk Company (Australia) Pty Ltd, Regal Cream Products Pty Ltd, Parmalat Australia Pty Ltd, Saputo Dairy Australia Pty Ltd, Chobani Pty Ltd, Ballantyne and Procal Dairies Pty Ltd among others.

Based on the applications, the dairy market is divided into bakery and confectionery, clinical nutrition, and frozen food.

The different distribution channels in the dairy market include supermarkets and hypermarkets, speciality stores, and online channels.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Distribution Channel
  • Region
Breakup by Product Type
  • Milk
  • Laban
  • Cheese
  • Butter
  • Yoghurt and Curd
  • Others
Breakup by Application
  • Bakery and Confectionery
  • Clinical Nutrition
  • Frozen Food
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online Channels
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bega Cheese Ltd. (Bega Dairy and Drinks Pty Ltd)
  • The a2 Milk Company (Australia) Pty Ltd.
  • Regal Cream Products Pty Ltd.
  • Parmalat Australia Pty Ltd.
  • Saputo Dairy Australia Pty Ltd.
  • Chobani® Global Holdings, LLC (Chobani Pty Ltd.)
  • Ballantyne
  • Procal Dairies Pty Ltd.
  • Others

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