Jun 26, 2026 – 12.13pmVitasoy, the market leader in soy, oat and almond milk in Australia, has notched another loss in its Australasian operations and written down the value of its local business, despite baristas serving up more coffees with the dairy alternatives and rising demand for higher-protein products.Vitasoy’s milk and yoghurt products are sold in Woolworths, Coles and IGA supermarkets – as well as to cafes – but the company has been losing money for three years in the $600 million segment.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Vitasoy grinds out loss despite plant-based milk boom
Baristas are serving up more oat, soy and almond lattes to cafe customers, but one of the big producers of plant-based milk is making losses.
104 words~1 min read
