PUBLISHER: Grand View Research | PRODUCT CODE: 1814121
PUBLISHER: Grand View Research | PRODUCT CODE: 1814121
The Australia & New Zealand milk protein market size was estimated at USD 378.2 million in 2024 and is projected to reach USD 751.8 million by 2033, growing at a CAGR of 8.0% from 2025 to 2033. Consumers increasingly seek high-protein, clean-label, and functional nutrition in sports, medical, and everyday foods.
Demand for whey protein isolates, concentrates, and milk protein powders is increasing in ready-to-drink beverages, snack bars, and infant nutrition. This growth is supported by strong demand for high-value protein concentrates and isolates for sports nutrition, medical foods, and infant formula, with New Zealand's milk solids output hitting a record 104.1 million kg in May 2025.
New Zealand's dairy sector, which makes up about a third of its exports, has seen continued investment in protein extraction facilities, allowing the country to respond to rising Asian and North American demand for sustainable, high-quality milk proteins.
Australia & New Zealand Milk Protein Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the Australia & New Zealand milk protein market report based on product, form, and application: