Dairy ingredients are vital to many food products. Growing health awareness is expected to bolster the dairy ingredients market, driving nutraceutical beverage demand.
The Australia dairy ingredients market was valued at USD 1.3 billion in 2024. The IMARC Group projects the market to reach USD 2.3 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.30% during the period from 2025 to 2033.