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Oat Milk Market Estimated to Reach $ 5.12 Billion by 2029, Expanding at a CAGR of 10% | Major Drivers, Segments, and Competitive Outlook

9 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Oat Milk Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Oat Milk Market Growth?

The oat milk market size has grown strongly in recent years. It will grow from $3.25 billion in 2024 to $3.5 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to dairy alternatives rise, lactose intolerance awareness, innovation in dairy-free products, retail and cafe adoption, changing consumer perceptions.

What Is the Predicted Industry Size and CAGR of the Oat Milk Market in 2029?

The global oat milk market is projected to reach $5.12 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.0%.

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Which Factors Are Driving Growth in the Oat Milk Market?

The key drivers in the oat milk market are:

• Increase in the global vegan population
• Growing awareness about health benefits related to vegan diet
• Rising concerns for animal welfare
• Higher nutritional value offered by oat milk compared to cow's milk

Which Segment Trends Are Covered in the Oat Milk Market Forecast?

The oat milkmarket covered in this report is segmented –
1) By Source: Organic, Conventional
2) By End User: Food & Beverages, Nutraceuticals & Baby Food, Personal Care, Pharmaceuticals
3) By Product: Plain, Flavored
4) By Packaging Form: Carton, Bottle

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What Are the Current Market Trends in the Oat Milk Industry?

The key trends in the oat milk market are:

• Innovative product developments catering to consumer health concerns is a key emerging trend in the oat milk market.
• The launch of lactose-free alternatives to dairy products is shaping the market future.
• The capability to enhance coffee experiences and enable latte art is a new trend in oat milk offerings.
• Addressing health concerns such as lactose intolerance, diabetes, and PCOD through product offerings is seen as a significant movement.

Who are the Key Companies in the Oat Milk Market?

Major players in the oat milk market are:

• Rise Brewing Co
• PepsiCo Inc.
• Danone North America
• The Quaker Oats Company
• The Hain Celestial Group Inc.
• Chobani LLC
• Pacific Foods of Oregon Inc.
• Alpro NV
• Thrive Market Inc.
• Oatly AB
• Califia Farms LP
• Earth's Own Food Company Inc.
• Ecotone SAS
• Planet Oat
• Minor Figures Ltd.
• Orgran
• Elmhurst 1925 Inc.
• Natursoy S.L.
• Vly Foods GmbH
• MALK Organics
• Rude Health Foods Ltd.
• Plant Based Products Europe BV
• Provamel
• Happy Planet Foods Inc.
• Good & Gather
• YooMoo Ltd.
• Plenish Cleanse Ltd.
• The Naked Oats Company Ltd.
• O'Milk Belgium BVBA
• A. Vogel Bioforce AG

What are the Regional Trends Across the Oat Milk Market?

Asia-Pacific was the largest region in the oat milk market in 2024

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