Global Oat Milk Market Valued at USD 5.4 Billion in 2022, Predicted to Grow at a CAGR of 15.1% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Oat Milk market size accounted for USD 5.4 Billion in 2022, growing at a CAGR of 15.1% from 2023 to 2033. The oat milk market refers to the industry involved in the production, distribution, and sale of oat milk, which is a plant-based milk alternative made from oats. Oat milk has gained popularity as a dairy milk substitute due to its creamy texture, mild taste, and potential health benefits. Oat milk has experienced significant growth in demand in recent years, driven by factors such as increased consumer interest in plant-based diets, lactose intolerance, and concerns over the environmental impact of dairy farming. The oat milk market is expected to continue growing as consumer demand for plant-based milk alternatives remains strong. Factors such as increased product availability, ongoing product innovation, and expanding distribution channels contribute to market expansion.
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Key Highlights:
• The global Oat Milk Market size was valued at USD 5.4 billion in 2022 growing at a CAGR of 15.1% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Oat Milk Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Oat Milk market report also includes the following data points:
• COVID19 Impact on Oat Milk market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Oat Milk market
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Key Players
Some of the major Oat Milk players holding high market share include Califia Farms, LLC, Hain Celestial (Dream), and Pacific Foods of Oregon, LLC. (Pacific Foods), Danone (Silk). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Califia Farms, LLC
• Hain Celestial (Dream)
• Pacific Foods of Oregon, LLC. (Pacific Foods)
• Danone (Silk)
• HP HOOD LLC. (Plant Oat)
• Cereal Base Ceba AB (Oatly)
• Elmhurst Milked Direct LLC
• RISE Brewing Co.
• Happy Planet Foods Inc.
• Earth's Own Food Company.
Segmental Analysis
Market Segment By Source with focus on market share, consumption trend, and growth rate of Oat Milk Market:
o Organic
o Conventional
Market Segment By Flavor with focus on market share, consumption trend, and growth rate of Oat Milk Market:
o Plain
o Flavored
Market Segment By Packaging Form with focus on market share, consumption trend, and growth rate of Oat Milk Market:
o Carton
o Bottle
Market Segment By distribution channel with a focus on market share, consumption trend, and growth rate of the Oat Milk Market:
o Supermarket & Hypermarket
o Grocery Store
o Online Retail
o Others
Parameters Details
Market Size (2022) $ 5.4 Billion
CAGR (2023 to 2033) 15.1%
Market Segmentation Source, Flavor, Packaging Form, Distribution Channel
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Oat Milk Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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