Australia Soy Food Market Size & Outlook, 2025-2033

Australia Soy Food Market Insights

Based on Deep Market Insights findings, the Australia Soy Food Market reached USD 648.73 Million in 2024 and is estimated to attain USD 993.06 Million by 2033.
From 2026 to 2033, the Australia market is expected to grow at a steady CAGR of 4.8%.
Within the Product Category category, Soy Milk dominated in 2024 in terms of market size contribution.
Over the forecast period, Tofu is forecasted to deliver the fastest growth, positioning it as the most lucrative Product Category segment.

Australia accounted for 1.65% of the global Soy Food Market size in 2024.
By 2033, United States is expected to remain the top global market in terms of size.
Within Asia Pacific, China is forecasted to dominate the regional Soy Food Market size by 2033.
Singapore will be the fastest-growing market in Asia Pacific, projected to achieve USD 373.15 Million by 2033.

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 648.73 Million
Market Size In 2033	USD 993.06 Million
Largest segment	Soy Milk
Units	Revenue in USD Million
CAGR	4.8% (2025-2033)
Segmnetation Covered
Product Category	Soy Milk Tofu Textured Soy Protein Soy Snacks
Processing Type	Fermented Non-Fermented Isolated Proteins Concentrates
End Use	Retail Food Foodservice Industrial Processing Dietary Products
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product Category	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Soy Milk	XX.x	XX.x	XX.x	266.04	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Tofu	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
Textured Soy 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
Soy Snacks	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.

Processing Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Fermented	XX.x	XX.x	XX.x	260.72	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Non-Fermented	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
Isolated Proteins	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
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.

End Use	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Retail Food	XX.x	XX.x	XX.x	320.28	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Foodservice	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
Industrial Processing	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
Dietary Products	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