The global oats market size is expected to grow from $6.16 billion in 2021 to $6.62 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The global oat market size is expected to grow to $8.47 billion in 2026 at a CAGR of 6.4%.
What is the Global Oats Market?
The oats market consists of sales of oats by entities (organization, sole-trader, and partnership) that is a whole grain food that is used as an ideal breakfast ingredient. Oats are nutrient-rich grains that contain a high concentration of soluble fiber and dense nutrients. Oats cereals are consumed in many forms including steel-cut oats, oatmeal, oat flour, instant oats, and others.
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What drives the Global Oats Market?
Rising popularity and preference for healthy meals are contributing to the growth of the oats market. Healthy eating has become the norm with most consumers demanding foods and beverages to meet progressively nuanced health and wellness, ethics, and sustainability criteria. Oatmeal is consumed widely as a healthy breakfast option owing to its health benefits and high nutritional value. Oatmeal offers several benefits including weight management, control blood sugar level, controls cholesterol level, and others. According to the International Food Information Council 2020 Food and Health Survey, 54% of all consumers and 63% of consumers over the age of 50 are concerned about the healthfulness of their food choices. Therefore, the rising popularity and preference for healthy meals are expected to fuel the growth of the oats market in the coming years.
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Global Oats Market Segments
The global oats market is 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 regions covered in the oats market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Oats Global Market Report 2022provides market size and growth forecasts for the global oats market, global oats market share, oats market segments and geographies, oats market competitive landscape including 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.
Global Oats Industry Playersinclude Blue Lake Milling, Bob's Red Mill Natural Foods, B&G Foods, The Kellogg Company, Avena Foods Limited, General Mills, Grain Millers, Quaker Oats Company, Nestlé S.A, Nature's Path Foods, Morning Foods, Weetabix Limited, Glanbia Plc, PepsiCo, Hain Celestial Group. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
