Australia & New Zealand Vegan Protein Market to 2032

Overview

The Australia & New Zealand Vegan Protein Market is expected to reach a 141.42 USD Million by 2032 and is projected to grow at a CAGR of 7.74% from 2025 to 2032.

Revenue, 2024 (USD Million)
83.94
Forecast, 2032 (USD Million)
141.42
CAGR, 2024 - 2032
7.74%
Report Coverage
Australia & New Zealand

Australia & New Zealand Vegan Protein Market 2018-2032 USD Million

Australia & New Zealand Vegan Protein Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 83.94 USD Million
  • Projected Market Size (2032): 141.42 USD Million
  • CAGR (2025-2032): 7.74%

Key Findings of Australia & New Zealand Vegan Protein Market

  • The Australia & New Zealand Vegan Protein Market was valued at 83.94 USD Million in 2024.
  • The Australia & New Zealand Vegan Protein Market is likely to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Dry in Form Segment accounted for the largest share of the market with a revenue of 66.44 USD Million
  • The fastest growing segment Solubility in Function Segment grew Fastest with a CAGR of 8.65% during the forecast period from 2024 to 2032.

Australia & New Zealand Vegan Protein Market Scope

Australia & New Zealand Vegan Protein Market Segmentation & Scope
Source
  • Pumpkin Seed
  • Canola Protein
  • Chia Protein
  • Others
  • Flaxseeds Protein
  • Quinoa Protein
  • Spirulina
  • Hemp Protein
  • Rice Protein
  • Pea Protein
  • Soy Protein
Application
  • Others
  • Pharmaceuticals
  • Animal Feed
  • Cosmetics and Personal Care
  • Nutraceuticals and Dietary Supplements
  • Beverages
  • Food Products
Protein Type
  • Hydrolysate
  • Concentrates
  • Isolates
Function
  • Others
  • Foaming
  • Water Binding
  • Gelation
  • Emulsification
  • Solubility
Level of Hydrolisation
  • Strongly Hydrolized
  • Mildly Hydrolized
  • Intact
Form
  • Liquid
  • Dry
Nature
  • Organic
  • Conventional

Australia & New Zealand Vegan Protein Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 83.94 USD Million
Market Value in 2032 141.42 USD Million
CAGR (2025-2032) 7.74%
Historic Data 2016-2023
Market Segments Covered Source,Application,Protein Type,Function,Level of Hydrolisation,Form,Nature

Regional Insights:

  • Leading Market (2024-2032): Australia & New Zealand, leading in terms of revenue 83.94 USD Million in 2024
    • Key Country: Australia & New Zealand, leading in terms of revenue with value of 83.94 USD Million in 2024.

Segments and Scope

  • Australia & New Zealand Vegan Protein Market to 2032, By Source
    • Soy Protein is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 31.80 USD Million in the year 2024.
    • Rice Protein is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 7.76 % in forecast period 2025-2032.
  • Australia & New Zealand Vegan Protein Market to 2032, By Application
    • Food Products is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 39.20 USD Million in the year 2024.
    • Food Products is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 8.07 % in forecast period 2025-2032.
  • Australia & New Zealand Vegan Protein Market to 2032, By Protein Type
    • Isolates is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 49.52 USD Million in the year 2024.
    • Isolates is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 8.02 % in forecast period 2025-2032.
  • Australia & New Zealand Vegan Protein Market to 2032, By Function
    • Solubility is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 28.93 USD Million in the year 2024.
    • Solubility is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 8.65 % in forecast period 2025-2032.
  • Australia & New Zealand Vegan Protein Market to 2032, By Level of Hydrolisation
    • Intact is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 62.67 USD Million in the year 2024.
    • Intact is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 7.83 % in forecast period 2025-2032.
  • Australia & New Zealand Vegan Protein Market to 2032, By Form
    • Dry is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 66.44 USD Million in the year 2024.
    • Dry is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 7.79 % in forecast period 2025-2032.
  • Australia & New Zealand Vegan Protein Market to 2032, By Nature
    • Conventional is the largest segment in Australia & New Zealand Vegan Protein Market to 2032 with a revenue of 47.90 USD Million in the year 2024.
    • Organic is the Fastest growing segment in Australia & New Zealand Vegan Protein Market to 2032 with a Growth rate of 7.59 % in forecast period 2025-2032.

Australia & New Zealand Vegan Protein Market Company Share Analysis

 
Company Name Company Share Analysis
Kerry Group plc.
Roquette Frères
Cargill, Incorporated
ADM
Wilmar International Ltd
Australia & New Zealand Vegan Protein Market Company Share Analysis

Australia & New Zealand Vegan Protein Market Geographical Sales Distribution, 2018-2032 USD Million

Australia & New Zealand Vegan Protein Market Geographical Sales Distribution, 2018-2032 USD Million

Australia & New Zealand Vegan Protein Market Company Profiling

Australia & New Zealand Vegan Protein Market Company Profiling
Frequently Asked Questions
The Australia & New Zealand Vegan Protein Market is segmented based on Segmentation Source,Application,Protein Type,Function,Level of Hydrolisation,Form,Nature.
Australia & New Zealand Vegan Protein Market was valued at USD 83.94(Revenue in USD Million) in 2023.
Australia & New Zealand Vegan Protein Market is projected to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
The Dry segment is expected to dominate the Australia & New Zealand Vegan Protein Market, holding a largest market share of 66.44 USD Million in 2024

Australia & New Zealand Vegan Protein Market Scope

Australia & New Zealand Vegan Protein Market Segmentation & Scope
Source
  • Pumpkin Seed
  • Canola Protein
  • Chia Protein
  • Others
  • Flaxseeds Protein
  • Quinoa Protein
  • Spirulina
  • Hemp Protein
  • Rice Protein
  • Pea Protein
  • Soy Protein
Application
  • Others
  • Pharmaceuticals
  • Animal Feed
  • Cosmetics and Personal Care
  • Nutraceuticals and Dietary Supplements
  • Beverages
  • Food Products
Protein Type
  • Hydrolysate
  • Concentrates
  • Isolates
Function
  • Others
  • Foaming
  • Water Binding
  • Gelation
  • Emulsification
  • Solubility
Level of Hydrolisation
  • Strongly Hydrolized
  • Mildly Hydrolized
  • Intact
Form
  • Liquid
  • Dry
Nature
  • Organic
  • Conventional
Frequently Asked Questions
The Australia & New Zealand Vegan Protein Market is segmented based on Segmentation Source,Application,Protein Type,Function,Level of Hydrolisation,Form,Nature.
Australia & New Zealand Vegan Protein Market was valued at USD 83.94(Revenue in USD Million) in 2023.
Australia & New Zealand Vegan Protein Market is projected to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
The estimated market value of the Australia & New Zealand Vegan Protein Market for final year is USD 141.42 (USD Million).

Australia & New Zealand Vegan Protein Market Company Profiling

Australia & New Zealand Vegan Protein Market Company Profiling
Frequently Asked Questions
The Australia & New Zealand Vegan Protein Market is segmented based on Segmentation Source,Application,Protein Type,Function,Level of Hydrolisation,Form,Nature.
Australia & New Zealand Vegan Protein Market was valued at USD 83.94(Revenue in USD Million) in 2023.
Australia & New Zealand Vegan Protein Market is projected to grow at a CAGR of 7.74% during the forecast period of 2024 to 2032.
The estimated market value of the Australia & New Zealand Vegan Protein Market for final year is USD 141.42 (USD Million).

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