Oatmeal Market to See a Major Financial Boost in the Forecast Duration Of 2017 To 2027

The Global Oatmeal Market was valued at $10,475 million in 2017, and is projected to reach at $11,907 million by 2027, growing at a CAGR of 1.3% from 2018 to 2027.

Oatmeal is the preferred choice in breakfast cereal for many people across the world. It is consumed for its high nutrient content, which includes high protein, starchy carbohydrates, dietary fiber, vitamin, and mineral. Generally the oatmeal is enjoyed with fruits, barriers, nuts, and milk. Oatmeal, which is rich in anti-oxidants and contains over 26 bioactive substances helps the body in safeguarding against chronic diseases, such as heart disease, diabetes, and cancer. Oatmeal is an ideal food for hectic lifestyle since it is easy to cook and fulfils the daily nutritional requirement of the body.

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Increase in preference for healthy meals and changing food habits. Furthermore, demand for convenience food and high nutrition content of oatmeal also boosts the market. Though, availability of substitute products such as quinoa, buckwheat, brown rice, and cornflakes are expected to hamper the growth of this market in the near future. Development of different flavored oatmeal and the use of oatmeal in the cosmetics industry offer great growth opportunities for the oatmeal market.

The oatmeal market is segmented based on type, distribution channel, and geography. By type, the market is divided into whole oat groats, steel cut oats, scottish oats, regular rolled oats, quick rolled oats, instant oats and others. Based on distribution channel, the market is divided into hypermarket, supermarket, specialty retailers, convenience stores, independent retailers and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and ROW.

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Oatmeal are cereal grains obtained from oat plant, commonly harvested for food, animal feed, and production of skin care products. Consumed as a breakfast cereal, oatmeal is enjoyed with fruits and nuts. Rich in vitamin & minerals, oatmeal comes with high in dietary fiber and low sodium content, to improve the nutritional intake of the body. Oatmeal contains starchy carbohydrates, which provide nutrition to the muscle and organs. The protein content of oatmeal is higher as compared to other cereals, which plays an important role in growth and tissue repair of the human body. Other health advantages of oatmeal include lower blood cholesterol and blood sugar, which help reduce the risk of heart diseases. Oatmeal is also used in production of variety of products, such as cakes, cookies, energy bars, and desserts.

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