Oat Milk Market Analysis and the Impact of COVID-19 Key Vendors, Growth Rate and Forecast To 2027 described in a new market report | PepsiCo, Elmhurst, Pacific Foods, and Danone.

Report Ocean releases its latest report on the global Oat Milk Market. A combination of information gathered from first-hand sources, qualitative and quantitative assessments of industry analysts, and insights from experts and participants across the value chain is used to calculate the global Oat Milk Market.

The global Oat Milk Market is forecast to grow at a compound annual growth rate (CAGR) of  8.1%during the forecast period from 2020-2027.

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Growth Drivers:

The growth of the global market is driven by factors such as the increasing number of people allergic to lactose and gluten across the globe, along with the rising popularity of the vegan diet. The increasing awareness of health-conscious foods among consumers will further propel the growth of the global market for oat milk.

People following a vegan diet have seen a significant rise across the globe and consumers are avoiding animal-based products. This has increased the demand for plant-based products such as oat milk. According to the report from proceedings of the National academy of sciences of the United States of America (PNAS), the adoption of plant-based diets is expected to lower worldwide mortality by 6% by 2050. Oat milk is rich in proteins and contains 3 grams of protein in a 1-cup serving. These factors will contribute to the upward growth of the milk market.

Oat milk contains a low number of calories, and hence it will help reduce obesity which is responsible for developing many chronic diseases such as cardiovascular diseases (CVDs). CVDs affect more than 420 million people globally and are responsible for more deaths than any other illness. Oat milk has high concentrations of calcium, iron, potassium, and vitamin D.  All these factors augment the growth of the global oat milk market.

The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.

The reports on the Global Oat Milk Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global Oat Milk Market growth rates.

Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the Oat Milk Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.

Impact Analysis of COVID-19

A detailed study of Covid-19 impacts the Oat Milk Market is provided in the report.

The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Oat Milk Market segments.

While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.

Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

The report extensively examines the fundamental aspects of the Global Oat Milk Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the Oat Milk Market provides insight into the factors influencing its growth. This market study breaks down the Oat Milk Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.

Regional Overview

An analysis of the Oat Milk Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the Oat Milk Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global Oat Milk Market are:

Oatly, Rise Brewing, Happy Planet Foods, Thrive Market, Califia Farms, PepsiCo, Elmhurst, Pacific Foods, and Danone.

Scope of the Report

The global Oat Milk Market segmentation focuses on:

By Source
·     Organic

·     Conventional

By Product
·     Plain

·     Flavored

By Packaging
·     Cartons

·     Bottles

·     Others

By Application
·     Food

·     Beverage

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This release was published on openPR.