Australia Plant-Based Beverages Market to 2032

Overview

The Australia Plant-Based Beverages Market is expected to reach a 462.56 USD Billion by 2032 and is projected to grow at a CAGR of 15.53% from 2025 to 2032.

Revenue, 2024 (USD Billion)
188.43
Forecast, 2032 (USD Billion)
462.56
CAGR, 2024 - 2032
15.53%
Report Coverage
Australia

Australia Plant-Based Beverages Market 2018-2032 USD Billion

Australia Plant-Based Beverages Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 188.43 USD Billion
  • Projected Market Size (2032): 462.56 USD Billion
  • CAGR (2025-2032): 15.53%

Key Findings of Australia Plant-Based Beverages Market

  • The Australia Plant-Based Beverages Market was valued at 188.43 USD Billion in 2024.
  • The Australia Plant-Based Beverages Market is likely to grow at a CAGR of 15.53% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Milk in Type Segment accounted for the largest share of the market with a revenue of 162.21 USD Billion
  • The fastest growing segment Lactose Free Alternative in Function Segment grew Fastest with a CAGR of 16.53% during the forecast period from 2024 to 2032.

Australia Plant-Based Beverages Market Scope

Australia Plant-Based Beverages Market Segmentation & Scope
Source
  • Rice
  • Others
  • Coconut
  • Soy
  • Almond
Type
  • Others
  • Milk
Function
  • Others
  • Cancer Prevention
  • Bone Health
  • Cardiovascular Health
  • Lactose Free Alternative

Australia Plant-Based Beverages Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 188.43 USD Billion
Market Value in 2032 462.56 USD Billion
CAGR (2025-2032) 15.53%
Historic Data 2016-2023
Market Segments Covered Source,Type,Function

Regional Insights:

  • Leading Market (2024-2032): Australia, leading in terms of revenue 188.43 USD Billion in 2024
    • Key Country: Australia, leading in terms of revenue with value of 188.43 USD Billion in 2024.

Segments and Scope

  • Australia Plant-Based Beverages Market to 2032, By Source
    • Almond is the largest segment in Australia Plant-Based Beverages Market to 2032 with a revenue of 81.69 USD Billion in the year 2024.
    • Almond is the Fastest growing segment in Australia Plant-Based Beverages Market to 2032 with a Growth rate of 16.36 % in forecast period 2025-2032.
  • Australia Plant-Based Beverages Market to 2032, By Type
    • Milk is the largest segment in Australia Plant-Based Beverages Market to 2032 with a revenue of 162.21 USD Billion in the year 2024.
    • Milk is the Fastest growing segment in Australia Plant-Based Beverages Market to 2032 with a Growth rate of 15.90 % in forecast period 2025-2032.
  • Australia Plant-Based Beverages Market to 2032, By Function
    • Lactose Free Alternative is the largest segment in Australia Plant-Based Beverages Market to 2032 with a revenue of 89.70 USD Billion in the year 2024.
    • Lactose Free Alternative is the Fastest growing segment in Australia Plant-Based Beverages Market to 2032 with a Growth rate of 16.53 % in forecast period 2025-2032.

Australia Plant-Based Beverages Market Company Share Analysis

 
Company Name Company Share Analysis
Danone
CSC BRANDS LP
Shanghai Want Want Food Group Co., Ltd.
Kikkoman Corporation
The Hain Celestial Group
Australia Plant-Based Beverages Market Company Share Analysis

Australia Plant-Based Beverages Market Geographical Sales Distribution, 2018-2032 USD Billion

Australia Plant-Based Beverages Market Geographical Sales Distribution, 2018-2032 USD Billion

Australia Plant-Based Beverages Market Company Profiling

Australia Plant-Based Beverages Market Company Profiling
Frequently Asked Questions
The Australia Plant-Based Beverages Market is segmented based on Segmentation Source,Type,Function.
Australia Plant-Based Beverages Market was valued at USD 188.43(Revenue in USD Billion) in 2022.
Australia Plant-Based Beverages Market is projected to grow at a CAGR of 15.53% during the forecast period of 2024 to 2032.
The Milk segment is expected to dominate the Australia Plant-Based Beverages Market, holding a largest market share of 162.21 USD Billion in 2024

Australia Plant-Based Beverages Market Scope

Australia Plant-Based Beverages Market Segmentation & Scope
Source
  • Rice
  • Others
  • Coconut
  • Soy
  • Almond
Type
  • Others
  • Milk
Function
  • Others
  • Cancer Prevention
  • Bone Health
  • Cardiovascular Health
  • Lactose Free Alternative
Frequently Asked Questions
The Australia Plant-Based Beverages Market is segmented based on Segmentation Source,Type,Function.
Australia Plant-Based Beverages Market was valued at USD 188.43(Revenue in USD Billion) in 2022.
Australia Plant-Based Beverages Market is projected to grow at a CAGR of 15.53% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Plant-Based Beverages Market for final year is USD 462.56 (USD Billion).

Australia Plant-Based Beverages Market Company Profiling

Australia Plant-Based Beverages Market Company Profiling
Frequently Asked Questions
The Australia Plant-Based Beverages Market is segmented based on Segmentation Source,Type,Function.
Australia Plant-Based Beverages Market was valued at USD 188.43(Revenue in USD Billion) in 2022.
Australia Plant-Based Beverages Market is projected to grow at a CAGR of 15.53% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Plant-Based Beverages Market for final year is USD 462.56 (USD Billion).

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