Oat Milk Market Key Growth Opportunities, Size, Share, Challenges, Major Companies And Top Trends || Thrive Market, Inc., The Hain Celestial Group, Inc., Rise Brewing, PepsiCo (US), Pacific Food

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the oat milk market report by The Business Research Company, the rise in the vegan population is expected to propel the growth of the oat milk market going forward. Veganism is the practise of avoiding the use of animal products, particularly in the diet, as much as possible. There is rapid growth in the vegan population for various reasons, which include weight management, health concerns, animal welfare, and others. Oat milk offers more vitamin D than cow's milk, which provides a variety of health benefits, including bone and dental health, as well as immune system endurance. For instance, according to Veganuary, a non-profit organization, more than 500,000 people have joined the vegan community, surpassing 2020's total of 400,000 people. Therefore, the rising vegan population drives the growth of oat milk.

The global oat milk market size grew from $2.76 billion in 2022 to $3.05 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The oat milk market size is expected to grow to $4.21 billion in 2027 at a CAGR of 8.4%.

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Major competitors in the oat milk market include Thrive Market, Inc., The Hain Celestial Group, Inc., Rise Brewing, PepsiCo (US), Pacific Food, Oatly AB, Happy Planet Foods (US), Elmhurst, Earth's Own Food Company Inc., Danone, and Califia Farms.

The oat milk market is segmented -

• By Source: Organic, Conventional

• By End User: Food & Beverages, Nutraceuticals & Baby Food, Personal Care, Pharmaceuticals

• By Product: Plain, Flavoured

• By Packaging Form: Carton, Bottle

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the oat milk market.

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The oat milk market consists of sales of oat milk coffee creamer, oat milk bottled coffee drinks, oat milk ice cream, oat milk yogurt. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Oat Milk Market Include:
1. Executive Summary
2. Oat Milk Market Characteristics
3. Oat Milk Market Trends And Strategies
4. Oat Milk Market - Macro Economic Scenario
5. Oat Milk Market Size And Growth
6. Oat Milk Market Segmentation
.....
27. Oat Milk Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oat Milk Market
29. Oat Milk Market Future Outlook And Potential Analysis
30. Appendix

The "Global Oat Milk Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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