Australia Dairy Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 4.64% (2025-2033)

Australia thriving dairy industry stands as a key contributor to the nation's economy, renowned for its high-quality products and sustainable practices. According to the latest report by IMARC Group, the Australia dairy market size reached USD 6.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 10.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.64% during 2025-2033.

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Australia Dairy Industry Trends and Drivers:

The dairy industry, in Australia is seeing an uptick in growth due to the growing interest from consumers in notch dairy goods both at home and abroad. Australia robust agricultural setup plays a role in facilitating dairy manufacturing to cater to the rising demand. One of the drivers behind the market expansion is the increasing recognition of the health benefits associated with dairy products like milk, cheese, and yogurt. More individuals are integrating dairy products into their diets, focusing on wellness for their valuable calcium, protein,n and probiotic content. Australia dairy export sector is crucial, for market expansion as dairy items are becoming increasingly popular in countries across the Asia Pacific region due to the perception of Australian dairy products being clean and of high quality. Moreover, advancements in dairy processing like options and lactose-free or fortified products are meeting changing consumer tastes and accommodating those, with dietary needs effectively.

One key development influencing the dairy industry is the increasing focus, on sustainability and technological progress in dairy farming and production methods. Accordingly, optimal feed usage, water preservation, and enhanced waste handling techniques are being adopted by producers to reduce their impact. Moreover, the popularity of plant-based dairy substitutes is rising due to the expanding vegan movement and consumer demand for dairy options, with added probiotics, vitamins, and minerals. The rise of online shopping and convenient retail options is changing how dairy products are distributed to reach more people easily available, to people than before. In addition to that support from the government such as funding for research and development is helping improve the dairy industry for the term and making it more competitive. With evolving consumer tastes and ongoing product development efforts, these elements are forecasted to push the growth of Australias dairy market over several years solidifying its role, as a significant player worldwide.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging Australia dairy market trends.

Australia Dairy Industry Segmentation:

The report has segmented the market into the following categories:

Product Insights:

• Liquid Milk
• Cheese
• Laban
• Yogurt and Curd
• Butter and Clarified Butter
• Others

Application Insights:

• Bakery and Confectionary
• Clinical Nutrition
• Frozen Food
• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialist Retailers
• Online Stores
• Others

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

Street: Morgan Park QLD 4370

City/Town: Warwick

State/Province/Region: Queensland

Country: Australia

Zip/Postal Code: 4370

Email: sales@imarcgroup.com

Phone Number: +1-631-791-1145