Australia Alternative Protein Market Size & Outlook, 2025-2033
Australia Alternative Protein Market Insights
- Deep Market Insights analysis indicates that the Australia Alternative Protein Market size, valued at USD 412.75 Million in 2024, is expected to expand to USD 1173.65 Million by 2033.
- The Australia market is forecasted to expand at a CAGR of 12.14% spanning 2026–2033.
- Plant Based Protein held the leading position among Protein Source segments in 2024, based on market size.
- Plant Based Protein is projected to post the fastest growth rate, sustaining its position as the most attractive Protein Source segment during the forecast horizon.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- As of 2024, Australia held 1.12% of the global Alternative Protein Market size.
- By 2033, United States is anticipated to capture the largest share of the global Alternative Protein Market.
- In Asia Pacific, China is expected to lead the regional Alternative Protein Market size by 2033.
- Australia will remain the fastest-growing market in Asia Pacific, reaching USD 1157.53 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 412.75 Million |
| Market Size In 2033 | USD 1173.65 Million |
| Largest segment | Plant Based Protein |
| Units | Revenue in USD Million |
| CAGR | 12.14% (2025-2033) |
| Segmnetation Covered | |
| Protein Source |
|
| Application Area |
|
| Product Form |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Alternative Protein Market Protein Source 2025-2033 (USD Million)
| Protein Source | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Plant Based Protein | XX.x | XX.x | XX.x | 222.89 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Fermentation Derived Protein | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cell Based Protein | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Australia Alternative Protein Market Application Area 2025-2033 (USD Million)
| Application Area | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Meat Alternatives | XX.x | XX.x | XX.x | 218.84 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Dairy Alternatives | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Ingredient Use | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Australia Alternative Protein Market Product Form 2025-2033 (USD Million)
| Product Form | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ready To Eat | XX.x | XX.x | XX.x | 186.6 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Powdered Ingredients | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Liquid Concentrates | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.