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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 | 2016

Soy good: Rising health consciousness has boosted demand for industry products

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
Freedom Foods Group Freedom Foods Group market share
Lion Pty Ltd Lion Pty Ltd market share
Sanitarium Health Food Company Sanitarium Health Food Company market share
Industry Statistics & Market Size
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Annual Growth 12-17
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Annual Growth 17-22
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What is the Soy and Almond Milk Production industry?

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 in terms of food consumption, which has resulted in the rising popularity of non-dairy milks. Soy milk dominates the industry, due to its long-standing place in the industry and a preference among food-services establishments for soy milk. However, demand for almond, oat and rice milks has grown strongly, aided by the perceived health benefits of these products. The increased availability and accessibility of these dairy substitutes has helped drive per capita consumption over the past decade, which has benefited the industry. However, the industry continues to face strong competition from dairy beverages... purchase to read more


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
Soy milkAlmond milkRice milkOat milkOther milks

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