Forecasts show the value of plant-based meat sector exports from Australia in 2033 could amount to around 564 million Australian dollars in an accelerated prediction scenario. In comparison, the projected figures show the industry's exports could be valued at approximately 114.6 million Australian dollars in a moderate scenario.
Forecasted value of plant-based meat sector exports from Australia in financial year 2033, by prediction scenario
(in million Australian dollars)
Scenario 1: Conscious consumers’ choice, in which the Australian plant-based meat industry was considered to experience conservative growth between 2023 and 2033.
Scenario 2: Popular and accessible alternative, where the Australian plant-based meat industry maintained a strong growth path to 2033.
Scenario 3: Mass-market commodity, which was modelled such that the popularity of the plant-based meat industry accelerated rapidly through to 2033.
Australia's financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.
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Food Frontier. (April 24, 2024). Forecasted value of plant-based meat sector exports from Australia in financial year 2033, by prediction scenario (in million Australian dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1232965/australia-projected-value-of-plant-based-meat-sector-exports/
Food Frontier. "Forecasted value of plant-based meat sector exports from Australia in financial year 2033, by prediction scenario (in million Australian dollars)." Chart. April 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1232965/australia-projected-value-of-plant-based-meat-sector-exports/
Food Frontier. (2024). Forecasted value of plant-based meat sector exports from Australia in financial year 2033, by prediction scenario (in million Australian dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1232965/australia-projected-value-of-plant-based-meat-sector-exports/
Food Frontier. "Forecasted Value of Plant-based Meat Sector Exports from Australia in Financial Year 2033, by Prediction Scenario (in Million Australian Dollars)." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1232965/australia-projected-value-of-plant-based-meat-sector-exports/
Food Frontier, Forecasted value of plant-based meat sector exports from Australia in financial year 2033, by prediction scenario (in million Australian dollars) Statista, https://www.statista.com/statistics/1232965/australia-projected-value-of-plant-based-meat-sector-exports/ (last visited November 21, 2024)
Forecasted value of plant-based meat sector exports from Australia in financial year 2033, by prediction scenario (in million Australian dollars) [Graph], Food Frontier, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1232965/australia-projected-value-of-plant-based-meat-sector-exports/