Organic Oats Market is estimated to rise at 3.1% CAGR during the forecast Period 2022-2029 | Size, Share, Trends & Forecast

Organic Oats Market

Organic Oats Market is slated to register a CAGR of 3.1% over the period, 2022-2029

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The factors driving the growth of Organic Oats Market includes increasing consumers inclination towards adopting healthy lifestyles, growing demand for gluten free food products around the world rising popularity of convenient food items. According to the report published by Statista, the report published by Statista, the Global Gluten Free Food Market was calculated around USD 6.7 billion for 2022 and is expected to reach USD 14 billion by the end of 2032, which will accelerate the Global Organic Oats Market. Moreover, easy availability of organic oats products at online platforms and supermarkets, rise in the launch of innovative flavors by manufacturers, growing awareness about the health benefits of organic oats, busy lifestyles, and rapid urbanization, are some of the additional factors supplementing the Organic Oats Market share. In addition, the increasing investments by leading players on research and development, strategic mergers, and acquisitions between key industry leaders, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

However, growth of the Organic Oats Market is hindered attributed to variations in the prices of organic oats.

The major players operating in the market are Nairn's Oatcakes Limited, General Mills Inc., Bob's Red Mill Natural Foods Inc., Willow Creek Organic Grain Co. Inc., Bagrry's India Ltd., Unigrain Pty Ltd., Nature's Path, The Hain Celestial Group Inc., Quaker Oats Company, Morning Foods Limited, Avena Foods Limited and NOW Health Group Inc., among others.

Based on Application, the Breakfast Cereals segment is predicted to hold the highest market share during the forecast period

Rising prevalence of health diseases such as diabetes and obesity and growing demand for convenient food items, are some of the factors responsible for the segment's growth.

Based on Distribution Channel, the Hypermarkets/Supermarkets segment is projected to expand at a remarkable CAGR over the forecast period

Hypermarkets offer wide range of organic oat products at attractive discounts and provides free home delivery options, are some of the factors propelling segment's growth.

Based on Region, the North American region is anticipated to capture the largest market share during the forecast period

Growing demand for low-calorie food products, rising prevalence of cardiovascular disease and diabetes, consumers inclination towards adopting healthy diets, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the Organic Oats Market size in North American region.

Key Developments

In 2017, General Mills invested around USD 3 million in granola maker Purely Elizabeth, this collaboration will provide General Mills innovative product line as a healthy ingredient option for the end-users.
In 2016, Bob's Red Mill Natural Foods introduced a new Gluten Free Organic Oats which is made up of the kiln-toasting method and organically USDA certified.

Market Segmentation

Segmentation by Product Type

Steel cut oats
Rolled oats
Oat flour
Oat Bran

Segmentation by Application

Breakfast Cereals
Bakery products
Snacks and Savory Products
Others

Segmentation by Distribution Channel

Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

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This release was published on openPR.