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Soy and Almond Milk Production in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Soy and Almond Milk Production Market Research Report | Consumer Goods & Services | Beverage Production | Jun 2014

Cream of the crop: Revenue grows due to rising demand as consumers seek healthier beverages

IBISWorld’s Soy and Almond Milk Production market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Lion Pty Ltd Lion Pty Ltd market share
Sanitarium Health Food Company Sanitarium Health Food Company market share
Industry Statistics & Market Size
Revenue
$144m
Annual Growth 09-14
5.9%
Annual Growth 14-19
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Profit
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Employment
187
Businesses
14
Industry Analysis & Industry Trends

The Soy and Almond Milk Production industry has benefited from the health and wellbeing movement, which has led to an increase in the popularity of non-dairy beverages such as soy and almond milk. Soy milk accounts for the lion's share of industry revenue, due to its superior nutritional qualities of being high in protein and low in sodium and saturated fats. Smaller segments, such as almond, rice and coconut milk, have also grown rapidly, but account for only small shares of industry revenue. Other sociological and biological factors are driving industry revenue. Vegetarianism and veganism are gaining momentum and the incidences of lactose intolerance and food allergies are growing... purchase to read more

Industry Report - Industry Investment Chapter

The Soy and Almond Production industry exhibits a medium level of capital intensity. The industry is reliant on heavy automated machinery to process and produce a range of non-dairy milks from various ingredients. In 2013-14, IBISWorld estimates that the industry's labour-to-capital ratio is 1:0.32, meaning that for every $1.00 paid as wages, $0.32 is required for investment into capital. Given the size of the industry's major players and their scope of products and operations, the production process is highly automated with very little direct labour involvement. Companies such as Sanitarium and Lion have undertaken significant capital investments in modernising their operations, particularly relating to machinery and equipment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Soy and Almond Milk Production Industry?

Companies in this 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.

Industry Products
Soy milkAlmond milkCoconut milkRice milkOther milk
 
Industry Activities
Dehulling beans, nuts and seedsGrinding beans, nuts and seedsAseptic sterilising HomogenisingStoring and packagingDehulling beans, nuts and seedsGrinding beans, nuts and seedsAseptic sterilising HomogenisingStoring and packaging


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