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.
Dairy ingredients are vital to many food products. Growing health awareness is expected to bolster the dairy ingredients market, driving nutraceutical beverage demand.