Soy and Almond Milk Production in Australia - Industry Market Research Report
Description
Soy and Almond Milk Production in Australia
Soy and almond milk producers have benefited from rising consumer demand over the past five years. Revenue has increased at an annualised 4.8% over the five years through 2022-23, to $464.6 million. This includes growth of 3.2% in 2022-23. Increasing health consciousness has boosted the popularity of non-dairy beverages, like soy and almond milk. Soy milk accounts for most of the industry's revenue, because of its long-standing position in the industry but demand is falling among food-service establishments and their patrons in favour of oat milk.
Companies in the industry manufacture non-dairy milk substitute beverages. These products are usually plant-based and may be made from soybeans, almonds, hemp, coconut, rice or oats.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Soy and almond milk producers have benefited from rising consumer demand over the past five years. Revenue has increased at an annualised 4.8% over the five years through 2022-23, to $464.6 million. This includes growth of 3.2% in 2022-23. Increasing health consciousness has boosted the popularity of non-dairy beverages, like soy and almond milk. Soy milk accounts for most of the industry's revenue, because of its long-standing position in the industry but demand is falling among food-service establishments and their patrons in favour of oat milk.
Companies in the industry manufacture non-dairy milk substitute beverages. These products are usually plant-based and may be made from soybeans, almonds, hemp, coconut, rice or oats.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
78 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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