Australia Food and Beverage Market Report 2025-2033

Australia Food And Beverage Market Overview

Market Size in 2024: USD 147.7 Billion

Market Size in 2033: USD 218.0 Billion

Market Growth Rate 2025-2033: 4.42%

According to IMARC Group's latest research publication, "Australia Food And Beverage Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Australia food and beverage market size reached USD 147.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 218.0 Billion by 2033, exhibiting a growth rate (CAGR) of 4.42% during 2025-2033.

How Health Innovation and Sustainability are Reshaping the Future of Australia Food And Beverage Market

• Driving Organic Market Growth: The Australian organic food and beverage market totaled USD 819.48 Million during 2024 also it will probably grow near 5.23% CAGR reaching USD 1,364.38 Million during 2034 and organic categories including whole grains, fresh produce, plant-based beverages, plus free-range meats actually are seeing greater acceptance.

• Health guides big patterns within Australian food and drinks increasing consumption since consumers seek items full of protein, fiber, and functional ingredients so brands use this by adding items like calcium, iron, and probiotics into certain products.

• Improving Sustainability Commitment: PwC's 2024 Voice of the Consumer Survey says consumers will spend about 9.7% more for sustainably sourced goods plus some 32% switch to local foods because of sustainability.

• In a movement aimed at Australia's 2025 National Packaging Targets, 100% of packaging must be able to be reused or recycled or else be compostable. These targets do also require 70% of plastic packaging must be recycled or be composted for good use, driving packaging innovations that are eco-friendly within both food and beverage.

• Strengthening Plant-Based Movement: Consumers seek more organic alternatives to meat, to dairy, and to processed foods more and more often, also many brands offer plant-based options including organic dairy-free milks, vegan cheeses, and plant-based snacks, opening up new market opportunities.

Grab a sample PDF of this report: https://www.imarcgroup.com/australia-food-beverage-market/requestsample

Australia Food And Beverage Market Trends & Drivers:

Australia's food and beverage market is experiencing robust growth driven by increasing health consciousness and the rapid expansion of the organic segment. The organic food and beverage market has reached USD 819.48 Million in 2024 and is expected to grow at a 5.23% compound annual growth rate to reach USD 1,364.38 Million by 2034, significantly outpacing the overall market growth rate. This organic surge is fueled by stronger consumer uptake of categories including fresh produce, whole grains, plant-based beverages, and free-range meats among individuals prioritizing immunity, digestion, and energy levels. Health remains a key driver in Australian food and beverage trends, with consumers increasingly prioritizing products rich in protein, fiber, and functional ingredients, creating opportunities for brands to incorporate functional elements like calcium, iron, and probiotics into their product offerings.

Sustainability has become a central pillar of consumer decision-making in Australia's food and beverage market, creating new opportunities for environmentally conscious brands. PwC's 2024 Voice of the Consumer Survey reveals that consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, even amid cost-of-living concerns and inflationary pressures. This sustainability focus extends beyond product sourcing to include packaging innovation, with Australia's 2025 National Packaging Targets mandating that 100% of packaging should be reusable, recyclable, or compostable, while 70% of plastic packaging should be recycled or composted. A significant shift toward local sourcing is evident, with 32% of consumers switching to more locally sourced foods as a popular sustainable choice, supporting regional producers and reducing carbon footprints while meeting consumer demand for transparency in food production.

The plant-based revolution is transforming Australia's food and beverage landscape, with consumers increasingly seeking organic alternatives to traditional animal-based products. This shift in consumer behavior has opened significant new opportunities for brands offering plant-based options including organic dairy-free milks, vegan cheeses, and plant-based snacks that cater to diverse dietary preferences and ethical considerations. The organic drinks market is being fueled by clean-label, health-conscious consumer demand for products such as botanical teas, organic juices, and functional kombuchas, with mainstream retail, cafés, and wellness brands increasingly moving toward organic products to enhance market acceptability and visibility. This plant-based movement represents not just a dietary trend but a fundamental shift in consumer values toward environmental sustainability and animal welfare, creating sustained demand for innovative product development and market expansion opportunities across multiple food and beverage categories.

Australia Food And Beverage Market Industry Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

• Packaged Foods

• Fresh Foods

• Beverages (Alcoholic & Non-Alcoholic)

• Dairy Products

• Snack Foods

• Bakery Products

• Others

Distribution Channel Insights:

• Supermarkets & Hypermarkets

• Convenience Stores

• Online Retail

• Specialty Food Stores

• Restaurants & Foodservice

• Others

Consumer Segment Insights:

• Health-Conscious Consumers

• Organic Product Seekers

• Convenience-Oriented Buyers

• Premium Product Consumers

• Others

Packaging Type Insights:

• Sustainable Packaging

• Traditional Packaging

• Flexible Packaging

• Rigid Packaging

• Others

Price Range Insights:

• Premium Products

• Mid-Range Products

• Budget Products

• Others

Breakup by State:

• New South Wales

• Victoria

• Queensland

• Western Australia

• South Australia

• Tasmania

• Northern Territory

• Australian Capital Territory

Recent News and Developments in Australia Food And Beverage Market

• February 2024: A new innovative food manufacturing center opened in Western Australia, helping to increase local food and beverage manufacturing while driving growth in the state's value-added food production, supporting regional economic development and supply chain localization initiatives.

• June 2024: Market research confirmed that health is a key driver in Australian food and beverage trends, with consumers prioritizing products rich in protein, fiber, and functional ingredients, while brands leverage this by incorporating functional elements like calcium, iron, and probiotics into their offerings.

• September 2024: PwC's 2024 Voice of the Consumer Survey revealed that Australian consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, while 32% are switching to more locally sourced foods as a popular sustainable choice, even amid cost-of-living concerns.

• December 2024: The organic drinks market demonstrated strong growth driven by clean-label, health-conscious consumer demand for botanical teas, organic juices, and functional kombuchas, with mainstream retail and wellness brands increasingly moving toward organic products to enhance market visibility.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

Ask Analyst for customized report: https://www.imarcgroup.com/request?type=report&id=24672&flag=E

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 provide a comprehensive suite of market entry and expansion services. IMARC offerings include 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

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales[@]imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302