Australia Vegan Supplements Market Size & Outlook, 2023-2030
The vegan supplements market in Australia is expected to reach a projected revenue of US$ 653.8 million by 2030. A compound annual growth rate of 10.2% is expected of Australia vegan supplements market from 2024 to 2030.
- Food Beverages & Tobacco
- Supplements & Nutrition
- Vegan Supplements Market Outlook
- Supplements & Nutrition
Revenue, 2023 (US$M)
$332.2
Forecast, 2030 (US$M)
$653.8
CAGR, 2024 - 2030
10.2%
Report Coverage
Australia
Australia Vegan Supplements Market, 2018-2030 (US$M)
Global Market
Related Markets
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Australia vegan supplements market highlights
- The Australia vegan supplements market generated a revenue of USD 332.2 million in 2023 and is expected to reach USD 653.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, capsules was the largest revenue generating ingredient in 2023.
- Powders is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Vegan supplements market data book summary
| Market revenue in 2023 | USD 332.2 million |
| Market revenue in 2030 | USD 653.8 million |
| Growth rate | 10.2% (CAGR from 2024 to 2030) |
| Largest segment | Capsules |
| Fastest growing segment | Powders |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capsules, Powders, Tablets, Liquids |
| Key market players worldwide | NOW Foods, Nordic Naturals, Nestle SA, Amazing Grass, Vega, Plantfusion, Orgain, Nutricost, NutraBlast, Deva Nutrition |
Other key industry trends
- In terms of revenue, Australia accounted for 3.9% of the global vegan supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vegan supplements market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,309.8 million by 2030.
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Vegan Supplements Market Scope
Vegan Supplements Market segmentation & scope
Vegan Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nestle SA | View profile | 270,000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | www.nestle.com |
| Nordic Naturals | View profile | 251-500 | Watsonville, California, United States, North America | www.nordic.com |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | www.nowfoods.com |
| Amazing Grass | View profile | 11-50 | Newport Beach, California, United States, North America | www.amazinggrass.com/ |
| Vega | View profile | - | - | vega.fan/ |
| Plantfusion | View profile | 251-500 | Edison, New Jersey, United States, North America | plantfusion.com/ |
| Orgain | View profile | 51-100 | Irvine, California, United States, North America | orgain.com |
| Nutricost | View profile | 101-250 | Orem, Utah, United States, North America | nutricost.com |
| NutraBlast | View profile | 11-50 | Pompano Beach, Florida, United States, North America | www.nutrablast.com |
| Deva Nutrition | View profile | 11-50 | Nove Mesto Nad Metuji, Kralovehradecky kraj, Czech Republic, Europe | deva.cz |
Australia Vegan Supplements Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Vegan Supplements Market Outlook will help companies and investors design strategic landscapes.
Capsules was the largest segment with a revenue share of 30.64% in 2023.
Horizon Databook has segmented the Australia vegan supplements market based on capsules, powders, tablets, liquids covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia Vegan Supplements Market Form Outlook (Revenue, USD Million , 2018-2030)
- Capsules
- Powders
- Tablets
- Others
- Liquids
- Australia Vegan Supplements Market Ingredient Outlook (Revenue, USD Million , 2018-2030)
- Vitamins & Minerals
- Omega-3 Fatty Acids
- Others
- Protein Supplements
- Australia Vegan Supplements Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia Vegan Supplements Market Outlook , including forecasts for subscribers. This country databook contains high-level insights into Australia Vegan Supplements Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Australia Vegan Supplements Market, 2018-2030 (US$M)
Australia vegan supplements market report statistics, by form, 2018-2030 (US$M)
