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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Analysis Chapter

The Soy and Almond Milk Production industry has grown strongly over the past five years. This growth has been primarily driven by higher consumer awareness of health and wellbeing, resulting in the rising popularity of non-dairy alternatives. Soy milk dominates the industry, due to its favoured nutritional qualities. Demand for almond, coconut and rice milks has also been aided by the perceived health benefits of these products. The increased availability and accessibility of these dairy substitutes has benefited the industry, evidenced by dramatic growth in per capita consumption over the past decade. However, the industry continues to face stiff competition from dairy beverages... 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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