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 | Jul 2015

Ditching dairy: Rising health consciousness has boosted demand for industry products

IBISWorld’s Soy and Almond Milk Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Soy and Almond Milk Production industry has benefited from rising consumer demand as a result of growing health awareness with regard to food consumption, which has boosted 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, including high levels of protein, and low sodium and saturated fats. Smaller segments, such as almond, rice and coconut milk, have also grown rapidly, but remain only small shares of industry revenue. Other sociological and biological factors are also driving industry revenue. Vegetarian and vegan movements 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. Labour functions are largely employed to address administrative and logistical operations that are difficult to automate. In 2015-16, IBISWorld estimates for every $1.00 paid as wages, $0.30 is required as 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 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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