Australia Food and Beverage Market Size and Share Outlook: Forecast Trends and Growth Analysis Report (2025-2034)

The Australia Food and Beverage Market was valued at AUD 139.24 Billion in 2025, and is projected to reach AUD 212.95 Billion by 2034, rising at a CAGR of 4.34%.

The Australia food and beverage market share is driven by conventional products

The Australian food and beverage market is growing due to the widespread availability of conventional products in a variety of options at supermarkets, hypermarkets, grocery stores, and other retail outlets. These products are convenient and affordable to consumers as they are widely available. Over the period, there has been increasing change in consumer preferences and behaviours which led to the growing demand for organic food and beverage products as they are perceived as healthier, safer, and more environmentally friendly thus boosting the Australia food and beverage market growth.

Consumers seek out healthier, environmentally sustainable alternatives to maintain overall health. According to the Australian Bureau of Statistics (ABS), the percentage change in the consumption of dairy milk substitutes (unflavoured) increased by 14.6% in 2020-21 from 2019-20.

The growth of the Australia food and beverage industry has led to the adoption of automation and robotics technologies in production, aiding in the resolution of labor and skills shortages. For instance- The Australian leader in industrial automation services, fast automation creates automation projects for the food and beverage industry and has now become ABB Robotics Australia’s newest Authorized Value Provider (AVP).

This report offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Fruits and Vegetables
• Meat, Fish, and Poultry
• Dairy Products
• Frozen and Processed Foods
• Coffee and Tea
• Non-Dairy Beverages
• Alcoholic Beverages
• Others

Market Breakup by Nature

• Organic
• Conventional

Market Breakup by Process

• Processed
• Unprocessed

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

Market Breakup by Region

• New South Wales
• Victoria
• Queensland
• Australian Capital Territory
• Western Australia
• Others

Australia Food and Beverage Market Share

Processed food and beverage products are widely available and often offer convenience, longer shelf life, and consistent quality, catering to the busy lifestyles and diverse preferences of consumers. Processed foods include items like packaged snacks, canned goods, ready-to-eat meals, and beverages, which are popular due to their ease of preparation and accessibility.

Leading Companies in the Australia Food and Beverage Market

The growth of the food and beverage market is fuelled by increasing changes in consumer behaviour and preferences, shifting dietary guidelines, growing health concerns, and lifestyle choices.

• Nestlé SA
• PepsiCo Inc.
• JBS SA
• Tyson Foods, Inc.
• Anheuser-Busch InBev SA
• General Mills, Inc.
• The Coca-Cola Company
• Mars, Incorporated
• Mondelēz International, Inc.
• Asahi Group Holdings, Ltd.
• Others