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Forecast Year
The Australia protein market size is projected to grow at a CAGR of 4.87% between 2024 and 2032.
Food and beverage industries drive the Australia protein market growth as they frequently incorporate proteins swiftly absorbed by the body, particularly beneficial for post-workout recuperation
Protein supplements offer convenience with portable options such as powders, bars, and shakes for quick nutrition on the go. They allow precise management of protein intake, aid in swift absorption for post-workout recovery, and offer specialized formulas for diverse dietary needs. This supports the health objectives of athletes, individuals managing weight, and those with specific dietary preferences.
The Food and Beverage industry offers a wide range of flavours and textures, incorporating protein into various meal choices. Natural sources of protein such as meat, dairy, legumes, and grains provide familiarity and ease of use. These products ensure nutritional balance, can function as meal substitutes, and are reliable sources of nutrition, particularly from reputable brands.
In September 2023, NEXT! Foods, a significant player in the plant-based food market, launched innovative fresh plant-based pasta sauces, available in over 550 Coles stores. Crafted by acclaimed chefs, these Australian-made sauces promise gourmet flavours and convenience, starting with Bangin’ Creamy Carbonara and Super Saucy Bolognese, with more varieties expected.
Australia Protein Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
The Australia protein market key players are Vitaco Health Australia Pty Ltd., Bioflex Nutrition, Australian Plant Proteins Pty Ltd., Axiom Foods, Inc., Noumi Trading Pty Ltd., Biodome Functional Foods, and Glanbia Plc among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by End Use |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 4.87% between 2024 and 2032.
The protein market is categorised according to the end use, which includes animal feed, personal care and cosmetics, food and beverages, supplements, and others.
The key players are Vitaco Health Australia Pty Ltd., Bioflex Nutrition, Australian Plant Proteins Pty Ltd., Axiom Foods, Inc., Noumi Trading Pty Ltd., Biodome Functional Foods, and Glanbia Plc among others.
Based on the distribution channel, the market is divided into supermarkets and hypermarkets, speciality stores, online channels, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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