Australia & New Zealand Dried Fruits MARKET By Application
| Label | Soy | Wheat | Pea | Coconut | Almond | Cashew | Others |
|---|---|---|---|---|---|---|---|
| 2019 | 165.3 USD Mn | 94.5 USD Mn | 110 USD Mn | 23.3 USD Mn | 30.6 USD Mn | 2.3 USD Mn | 332.8 USD Mn |
| 2020 | 180.7 USD Mn | 103.6 USD Mn | 120.7 USD Mn | 25.5 USD Mn | 33.5 USD Mn | 2.5 USD Mn | 363.7 USD Mn |
| 2021 | 199.1 USD Mn | 114.6 USD Mn | 133.5 USD Mn | 28.2 USD Mn | 36.9 USD Mn | 2.7 USD Mn | 400.4 USD Mn |
| 2022 | 219.5 USD Mn | 127.1 USD Mn | 148.1 USD Mn | 31.3 USD Mn | 40.8 USD Mn | 3 USD Mn | 442 USD Mn |
| 2023 | 242.7 USD Mn | 141.4 USD Mn | 164.8 USD Mn | 34.8 USD Mn | 45.2 USD Mn | 3.4 USD Mn | 489.4 USD Mn |
| 2024 | 269.2 USD Mn | 157.7 USD Mn | 184.1 USD Mn | 38.8 USD Mn | 50.3 USD Mn | 3.8 USD Mn | 543.7 USD Mn |
| 2025 | 298.6 USD Mn | 176 USD Mn | 205.5 USD Mn | 43.3 USD Mn | 55.9 USD Mn | 4.2 USD Mn | 604 USD Mn |
| 2026 | 332.4 USD Mn | 197 USD Mn | 230.3 USD Mn | 48.5 USD Mn | 62.4 USD Mn | 4.7 USD Mn | 673.3 USD Mn |
| 2027 | 370.9 USD Mn | 221.1 USD Mn | 258.6 USD Mn | 54.4 USD Mn | 69.8 USD Mn | 5.2 USD Mn | 752.2 USD Mn |
| 2028 | 415 USD Mn | 248.6 USD Mn | 290.8 USD Mn | 61.1 USD Mn | 78.2 USD Mn | 5.9 USD Mn | 841.9 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Based Food & Beverages by Source portion of the China Plant market is on a steady long-term growth path. Segment value stands at roughly USD 1549 Mn in 2026 and is projected to reach USD 1942 Mn by 2028 — a gain of about 25% over the forecast period, translating to a CAGR in the double digits.
- By 2028, Others is the largest of the 7 groups tracked here, at 841. 90M USD, 43% of the combined total.
- What the regional split looks like (2026): Others leads, holding roughly 43% of segment value — the single largest regional share. Soy is the second-largest contributor. Pea, Wheat, Almond, Coconut and Cashew make up the remainder, in descending order.
- By 2028, Others alone is expected to reach USD 842 Mn, with Soy at USD 415 Mn.
Market Dynamics
By 2028, Others is the largest of the 7 groups tracked here, at 841.90M USD, 43% of the combined total.
Soy is runner-up at 415.00M USD — 51% off the lead.
Others: 332.80M USD in 2019 to 841.90M USD by 2028, up 153%.
Soy climbs from 165.30M USD (2019) to 415.00M USD (2028), a 151% gain.
Pea: 110.00M USD to 290.80M USD, 164% higher by 2028.
Wheat grows to 248.60M USD by 2028, from 94.50M USD in 2019 — 163% up.
Almond: up 156% over the period, 30.60M USD to 78.20M USD.
Coconut: up 162% over the period, 23.30M USD to 61.10M USD.
The fastest mover is Pea, up 164% over the period — a steeper climb than any of the other 7 groups here.
Combined, all 7 groups add up to 1.94B USD by 2028 — 156% up from 758.80M USD in 2019.
Reading This As A Comparison
There are 7 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
A group with a small share can still matter most for the story — it is often the rate of change, not the current level, that is worth the closer look.
Treat these values as a directional estimate of the China Plant-Based Food & Beverages by Source (USD Million). They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
This is a market research forecast, not an official statistic. Values after the 2018 base year are modeled projections to 2028, based on supply-side and demand-side analysis, and are updated when market conditions change.
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