Oatmeal Market Expected to Grow at a CAGR of 4.2%, Globally 2019 – 2027 : Top Key Players are Bagrrys India, LimitedGrain Millers, Hamlyns of Scotland and Kellogg Company

The global oatmeal market at US$ 9.86 Bn in 2018 and is expected to grow at a CAGR of 4.2% during the forecast period 2019 – 2027, to account to US$ 14.08 Bn in 2027.

The North America region comprises the U.S., Canada, and Mexico. Oat is consumed as a staple breakfast meal in both the U.S. and Canada in the form of either porridge or oatmeal. However, its consumption in Mexico is less. Also, Canada is one of the largest oats producing nation across the globe.

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The List of Companies

B&G Food, Inc. (McCann’s Irish Oatmeal)
Bagrrys India Limited
Grain Millers, Inc.
Hamlyns of Scotland
Kellogg Company
Marico Limited
Nature's Path Foods, Inc.
Nestlé S.A.
The Quaker Oats Company
Weetabix Limited

Further, in 1996, oats became the first single food product in the U.S. to make a health claim allowed by the FDA. Regardless of the health claim, oats consumption was comparatively low in the late ‘90s although, with the increasing potential of food & beverage manufacturers to recognize the potential of oats to be used in different kinds of oatmeal, its consumption increased drastically. In the North American region, oats are grown in spring season and harvested in late summer or early fall. Earlier, oats was sold more frequently during winters however, it is now evolved as a cereal demanded throughout the year. Some of the key oatmeal players in the region including, Quaker and Danone North America have also launched oatmilk across the U.S.; and Oatly, a Swedish company has established its manufacturing plant in the U.S. market.

Global Oatmeal Market – By Type

Whole Oat Groats
Steel Cut Oats
Scottish Oats
Regular & Quick Rolled Oats
Instant Oats
Others

Global Oatmeal Market – By Sales Channel

Online
Physical Stores

Oatmeal is a widely consumed famous commodity, which is generally taken as a breakfast meal. These are prepared through hulled oat grains, which are rolled, milled, or steel-cut. The fiber and protein-rich meal help the consumer to maintain body weight, as oatmeal reduces hunger since it takes time to digest. It further delivers several health benefits, including a reduction in blood sugar and cholesterol levels, lowering blood pressure, decreasing risk related to childhood asthma, and can also be included in the skincare regime. There are different types of oats available in the market. However, their nutritional value is almost the same, they differ depending on their texture, use, and processing.

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This release was published on openPR.