Analytics company GlobalData forecasts the Australian dairy and soy food sector to grow from $10.8 billion in 2018 to $13.2 billion by 2023, at a compound annual growth rate (CAGR) of 4 per cent.
GlobalData’s report, ‘Country Profile: Dairy & Soy Food in Australia’, reveals that milk is the largest category in the Australian dairy and soy food sector, accounting for 32.2 per cent value share in 2018.
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