Fake foods still dominated by milk mimics in Australia

Published 2022년 4월 16일

Tridge summary

The article, based on data from the Australian Bureau of Statistics, reveals a 14% rise in the sales of dairy and meat substitutes in Australia for the last financial year, with sales data showing that fake milks are more popular than fake meats. The per person daily consumption of these substitutes was 20 grams in 2020-21, a 29% increase from the previous year. Dairy substitutes like almond and soy milk accounted for 17 grams of the 20 grams, with almond milk experiencing a 31% increase in the last two years. In contrast, dairy milk consumption fell by 4 grams per day between 2018-19 and 2020-21. The article also notes that COVID lockdowns may have affected consumer buying habits and that chocolate and snack food demand has increased, while there was a significant 26.1% decline in the consumption of infant formula and foods in 2020-21.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fake milks are more popular with consumers than fake meats. That's the experience of major supermarkets and other food retailers. Their sales data from the last financial year has been compiled by the Australian Bureau of Statistics to chart another small rise in the amount of dairy and meat substitutes being bought in Australia. While the annual percentage rise of these plant-based products was another 14 per cent, the numbers are coming off a low base where actual amounts are measured in grams. "The per person apparent consumption of dairy and meat substitutes was 20 grams per day in 2020-21, up a total of 29 per cent from 15 grams per day in 2018-19," ABS health statistics spokesman Paul Atyeo said. Of that 20 grams, 17 grams came from Australians drinking dairy substitutes like almond and soy milk. This official data bears out the claims from the dairy industry that the millions of dollars spent on plant-based and laboratory milk has so far failed to dampen demand for dairy. ...
Source: Farmweekly

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.