Australia Milk Market 2024

Description

The milk in Australia market is expected to increase by USD 1.1 billion, at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2029, according to the latest edition of the Milk Market in Australia Report. The Australia milk market is driven by a strong consumer preference for high-quality, locally produced dairy products, underpinned by the country’s well-established dairy farming industry. Australian consumers are increasingly gravitating towards organic, lactose-free, and fortified milk options, reflecting broader trends in health and wellness. Additionally, the market benefits from Australia’s reputation for stringent food safety standards and sustainable farming practices, which enhance consumer trust in local dairy products. The rise of e-commerce and modern retail channels also plays a crucial role, providing greater accessibility to a diverse range of milk products and supporting market growth.

The report offers a comprehensive evaluation of the Australia milk market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the milk industry.

Market Segmentation

The milk market in Australia is classified into the following segments:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, others

The Australia milk market is segmented on the basis of product, and distribution channel. By product, the milk market in Australia has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Based upon distribution channel, the milk market in Australia is categorized into convenience stores, supermarkets and hypermarkets, discounters, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The Australia milk market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players The a2 Milk Company Limited, Saputo Inc., Norco Co-operative Limited, Lactalis South Africa (Pty) Ltd., CapriLac & UphamGo Australia, Brownes Foods Operations Pty Limited, Bega Cheese Limited, Australasian Conference Association Limited, Aussie Farmers Direct.

The report presents a detailed analysis of the Australia milk market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Australia milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Australia milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Australia milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewAustralia milk market – product analysis
Australia milk market – distribution channel analysis
Key players and market share
– The a2 Milk Company Limited
– Saputo Inc.
– Norco Co-operative Limited
– Lactalis South Africa (Pty) Ltd.
– CapriLac & UphamGo Australia
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Australia milk market 2019-2029
Chart Australia milk market, net growth, 2019-2029
Chart Australia milk market, growth rates, 2019-2029
Table Australia milk market by product, 2019-2029
Chart Australia milk market by product, CAGR historic and forecast, 2019-2029
Chart Australia milk market by product, 2019-2029
Table Australia milk market by distribution channel, 2019-2029
Chart Australia milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Australia milk market by distribution channel, 2019-2029
Table Australia milk market share (%), by companies, 2019-2023
Chart Australia milk market, by companies, 2023
Table Australia milk market share (%), by brands, 2019-2023
Chart Australia milk market, by brands, 2023
Table Australia – population (millions) and forecast
Table Australia – consumer price index (CPI) and forecast
Table Australia – gross domestic product and forecast
Table Australia milk market: spend as a proportion of GDP (%)
Table Australia milk market: consumption per capita (population)