The latest report by IMARC Group, titled "Australia Food Processing Market Report by Equipment Type (Cleaning, Sorting, and Grading Equipment; Cutting, Peeling, and Grinding Equipment; Mixers and Blenders, Homogenizers; Extrusion and Thermal Equipment; Others), Category (Semi-Automated, Fully Automated), Application (Bakery, Confectionery, and Dairy Products; Meat, Poultry, and Seafood Products; Fruit and Vegetable; Beverages; Others), and Region 2025-2033," offers comprehensive analysis of the Australia food processing market growth. The report includes competitor and regional analysis, along with detailed breakdown of the market segmentation. The Australia food processing market size reached USD 112.95 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 187.60 Billion by 2033, exhibiting a CAGR of 5.40% during 2025-2033.Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 112.95 Billion
Market Forecast in 2033: USD 187.60 Billion
Market Growth Rate (2025-2033): 5.40%
Australia Food Processing Market Overview
The Australia food processing market is experiencing robust growth driven by increasing consumer demand for convenience and healthier products with busy lifestyles fueling demand for ready-to-eat meals that are nutritious and easy to prepare, rapid technological advancements including automation and data analytics improving efficiency and production processes, innovations in packaging solutions with eco-friendly materials reducing environmental impact, rising export opportunities with Australian food products gaining international recognition for quality and safety standards, and growing focus on sustainability and food safety with stringent regulations requiring high levels of hygiene and traceability. The market expansion is supported by significant local supply chain investments with McDonald's Australia purchasing over 330 million kilograms of Australian produce valued at $1 billion in 2023, integration of alternative protein development with Fonterra partnering on novel biomass protein derived from lactose in August 2024, advancement of circular economy initiatives with Return and Earn recycling scheme processing 12 billion containers resulting in $1.2 billion in refunds, and development of compostable bioplastics through CSIRO and Murdoch University's $8 million Bioplastics Innovation Hub targeting 80% plastic waste reduction by 2030.
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