Press release
Oat-based Cereal Market 2022 Demand, Key Regions Analysis and Key Players and forecast 2028- PepsiCo, Inc. (US), Post Consumer Brands, LLC (US), Kellogg Company
Oat-based Cereal Market report helps in making informed business decisions by having complete insights of market and by making a comprehensive analysis of market segments. This recent research compilation on the Oat-based Cereal Market is a versatile and future-ready analytical survey that replicates trend assessment, an in-depth assessment of market valuation and revenue-generating trends with information on profit models, Swot examination, competition spectrum, and associated vendor strategies illustrated by major players and market participants contributing by aggressively investing in the global Oat-based Cereal market to secure a competitive advantage amid staggering competition, potential threats from new entrants, as well as technological innovations leading to market substitutes.The Oat-based Cereal Market is expected to register a CAGR of 5.5% over the forecast period 2022 - 2028.
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Key Market Trends
Increased Consumption of Flakes and Bar
Consumption of oats granola has been witnessed with an increasing trend globally. Among all, the breakfast oat flakes and oat bars segment has the fastest growth in terms of revenue and volume being the quickest on-the-go breakfast. Its high nutritional value and rising consumption of healthy snacks and bars among the young population are driving the market. Also, with the increasing internet penetration, the online market for the purchase of food items including breakfast oats flakes, and oats bars has seen rapid growth globally in the last 3-4 years.
Top Companies:
PepsiCo, Inc. (US), Post Consumer Brands, LLC (US), Kellogg Company (US), Nestlé S.A. (Switzerland), General Mills, Inc. (US), Hodgson Mill, Inc. (US), The Hain Celestial Group, Inc. (US), Back to Nature Foods Company, LLC (US), Weetabix Ltd (UK), Topco
Industry News:
In March 2021, Quaker Oats launched a unique product that brings plain oats with 2 different flavors - Homestyle Masala and Tangy Tomato - in one pack to target the growing oats demand in India.
In April 2020, Marico Limited collaborated with Swiggy and Zomato to deliver its range of oats, and cooking oils to consumers with the launch of "Saffola Store" in a prominent city across India.
In July 2018, B&G Foods Acquired McCann's® Irish Oatmeal with a view to expand its market presence and widen the product portfolio.
By the product type, the market is primarily split into:
Bran
Instant Oats
By the end-users/application, this report covers the following segments:
Hypermarkets and Supermarkets
Convenience Stores
Others
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North America Holds the Major Market Share
North America accounts for the major market share followed by Europe. An increase in demand for convenience foods coupled with rising obesity and diabetes cases has led to increasing in demand for healthier breakfast alternatives is proving to be positive for the growth of breakfast cereals and ultimately oats market in the region. The rising population of health-conscious consumers in the countries of the regions is influencing the high growth of oats markets. Moreover, increasing imports as well production of oats especially in the United States is another factor helping the growth of the oats market in the North American region.
Geographical Analysis
The report provides geographical as well as country-level analysis of the Oat-based Cereal market demonstrating the dominance of companies in different regions and countries. Also, in this section, the report presents the market revenue of specific products in specific regions to get informed about the dominating region in the market. Some of the regions and countries mentioned in the report are, the US, Canada, Mexico, Brazil, in North America; China, India, Korea, Japan, Singapore in the Asia Pacific; Germany, UK, Italy, France in Europe, GCC countries, Qatar in the Middle East and Africa, Latin America, South America, etc.
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Research Methodology
All the data presented in the report from valuation to revenue, drivers, growth areas of the Oat-based Cereal market, etc., is aided by thorough research from press releases, announcements by companies, news updates, reports from company websites, government verified websites, research publications, articles by researchers, etc. All this data is scanned thoroughly by analysts in the company and the summary and collaterals are presented in the report precisely. This research helps in offering well authenticated, verified, data with exact facts and figures. The report is then forwarded to in-house analysts, top-level experts, veterans, industry persons, third parties for feedback, verification, and editing, thus, providing the reader with well written, praised report.
Key takeaways from the report
The report provides drivers, restraints, challenges, and growth points of the Oat-based Cereal market and how the market can be grown from 2022-to 2028.
The report helps in figuring out the impact of covid-19 on the Oat-based Cereal market and what measures can be taken for its development.
The Oat-based Cereal market players are assisted from the report for investing in the right product or application from the market.
The report also mentions applications, product offerings, types, key marketing trends of the Oat-based Cereal
The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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