The sales of plant-based meat in Australia's food service sector experienced growth of nearly 59 percent between the financial year 2020 and 2023. Compared to 2020, plant-based meat retail sales across the country had contracted by around 1.1 percent.
Compound average growth rate (CAGR) of plant-based meat sales in Australia between financial year 2020 and 2023
The food service sales figures represent the food service sectors’ wholesale spend on plant-based meat products from a manufacturer or distributor, and does not represent the consumer spend on plant-based meat products from food service outlets.
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Food Frontier. (April 24, 2024). Compound average growth rate (CAGR) of plant-based meat sales in Australia between financial year 2020 and 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1465061/australia-plant-based-meat-sales-growth-by-sales-channel/
Food Frontier. "Compound average growth rate (CAGR) of plant-based meat sales in Australia between financial year 2020 and 2023." Chart. April 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1465061/australia-plant-based-meat-sales-growth-by-sales-channel/
Food Frontier. (2024). Compound average growth rate (CAGR) of plant-based meat sales in Australia between financial year 2020 and 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1465061/australia-plant-based-meat-sales-growth-by-sales-channel/
Food Frontier. "Compound Average Growth Rate (Cagr) of Plant-based Meat Sales in Australia between Financial Year 2020 and 2023." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1465061/australia-plant-based-meat-sales-growth-by-sales-channel/
Food Frontier, Compound average growth rate (CAGR) of plant-based meat sales in Australia between financial year 2020 and 2023 Statista, https://www.statista.com/statistics/1465061/australia-plant-based-meat-sales-growth-by-sales-channel/ (last visited December 22, 2024)
Compound average growth rate (CAGR) of plant-based meat sales in Australia between financial year 2020 and 2023 [Graph], Food Frontier, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1465061/australia-plant-based-meat-sales-growth-by-sales-channel/
