The revenue in the 'Milk Substitutes' segment of the food market in Australia was forecast to continuously increase between 2025 and 2030 by in total 403.1 million AUD (AU$) (+65.47 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 1 billion AUD (AU$) and therefore a new peak in 2030. Notably, the revenue of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
Milk substitutes refer to any type of milk not derived from animals. The Milk Substitutes market covers all types of plant-based milk such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista. (March 28, 2025). Revenue of the milk substitutes market in Australia from 2020 to 2030 (in million Australian dollars) [Graph]. In Statista. Retrieved June 09, 2025, from https://www.statista.com/statistics/1289683/sales-forecast-of-organic-milk-alternatives-australia/
Statista. "Revenue of the milk substitutes market in Australia from 2020 to 2030 (in million Australian dollars)." Chart. March 28, 2025. Statista. Accessed June 09, 2025. https://www.statista.com/statistics/1289683/sales-forecast-of-organic-milk-alternatives-australia/
Statista. (2025). Revenue of the milk substitutes market in Australia from 2020 to 2030 (in million Australian dollars). Statista. Statista Inc.. Accessed: June 09, 2025. https://www.statista.com/statistics/1289683/sales-forecast-of-organic-milk-alternatives-australia/
Statista. "Revenue of The Milk Substitutes Market in Australia from 2020 to 2030 (in Million Australian Dollars)." Statista, Statista Inc., 28 Mar 2025, https://www.statista.com/statistics/1289683/sales-forecast-of-organic-milk-alternatives-australia/
Statista, Revenue of the milk substitutes market in Australia from 2020 to 2030 (in million Australian dollars) Statista, https://www.statista.com/statistics/1289683/sales-forecast-of-organic-milk-alternatives-australia/ (last visited June 09, 2025)
Revenue of the milk substitutes market in Australia from 2020 to 2030 (in million Australian dollars) [Graph], Statista, March 28, 2025. [Online]. Available: https://www.statista.com/statistics/1289683/sales-forecast-of-organic-milk-alternatives-australia/
