Global Oats Market Trends And Strategies Of Major Players In The Oats Market 2021-2030
22 Nov, 2021
Global Oats Market Size And Drivers:
The global oats market is expected to grow from $5.62 billion in 2020 to $6.16 billion in 2021 at a compound annual growth rate (CAGR) of 9.5%. The growth of the oats market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The oats market is expected to reach $7.83 billion in 2025 at a CAGR of 6.2%. Rising popularity and preference for healthy meals are contributing to the growth of the oats market.
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Trends In The Global Oats Market
Product innovations are gaining significant popularity in the oats market. Major companies operating in the oats market are focused on developing innovative products to meet customer demand and strengthen their position. For instance, in June 2020, Gold&Green, a Finland-based food technology company launched 100% plant-based protein Pulled Oats. Pulled oats capitalize on the rising popularity of plant-based diet and attract vegans, vegetarians, pescatarians, flexitarians, and almost everyone attempting to eat less meat or looking for tasty and varied protein substitutes. Pulled oats have a unique fibrous texture that integrates flavors well and can be seasoned to taste.
Global Oats Market Segments:
The global oat market is further segmented –
By Type: Whole, Steel Cut, Scottish, Regular Rolled, Quick Rolled, Instant, Others
By Form: Flakes, Granules, Flour
By Application: Bakery Products, Animal Feeds, Food Ingredients, Health Care, Cosmetic Products, Others
By Distribution Channel: Hypermarkets, Supermarkets, Specialty Retailers, Convenience Stores, Independent Retailers, Others
By Geography: The global oats market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Europe oats market accounts for the largest share in the global oats market.
Read More On The Report For The Global Oats Market At:
https://www.thebusinessresearchcompany.com/report/oats-global-market-reportOats Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides oats market overviews, analyzes and forecasts market size and growth for the global oats market, oats market share, oats market players, oats market segments and geographies, oats market’s leading competitors’ revenues, profiles and market shares. The oats market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.