Australia Lactose-free Infant Formula Market Size & Outlook

The lactose-free infant formula market in Australia is expected to reach a projected revenue of US$ 998.2 million by 2030. A compound annual growth rate of 9% is expected of Australia lactose-free infant formula market from 2025 to 2030.
Revenue, 2024 (US$M)
$596.3
Forecast, 2030 (US$M)
$998.2
CAGR, 2025 - 2030
9%
Report Coverage
Australia

Australia lactose-free infant formula market highlights

  • The Australia lactose-free infant formula market generated a revenue of USD 596.3 million in 2024 and is expected to reach USD 998.2 million by 2030.
  • The Australia market is expected to grow at a CAGR of 9% from 2025 to 2030.
  • In terms of segment, supermarkets & hypermarkets was the largest revenue generating distribution channel in 2024.
  • Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.


Lactose-free infant formula market data book summary

Market revenue in 2024USD 596.3 million
Market revenue in 2030USD 998.2 million
Growth rate9% (CAGR from 2024 to 2030)
Largest segmentSupermarkets & hypermarkets
Fastest growing segmentOnline
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSupermarkets & Hypermarkets, Convenience Stores, Online


Other key industry trends

  • In terms of revenue, Australia accounted for 2.7% of the global lactose-free infant formula market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China lactose-free infant formula market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 824.2 million by 2030.

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Lactose-free Infant Formula Market Companies

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Australia lactose-free infant formula market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lactose-free infant formula market will help companies and investors design strategic landscapes.


Supermarkets & hypermarkets was the largest segment with a revenue share of 48.25% in 2024. Horizon Databook has segmented the Australia lactose-free infant formula market based on supermarkets & hypermarkets, convenience stores, online covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of lactose-free infant formula market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia lactose-free infant formula market , including forecasts for subscribers. This country databook contains high-level insights into Australia lactose-free infant formula market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia lactose-free infant formula market size, by distribution channel, 2018-2030 (US$M)

Australia Lactose-free Infant Formula Market Outlook Share, 2024 & 2030 (US$M)

Australia lactose-free infant formula market size, by distribution channel, 2018-2030 (US$M)

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