Oats Market growing at a CAGR of 4.73% in the forecast period of 2022-2029

Data Bridge Market Research analyses that the global oats market to account USD 7,231.43 million by 2029 growing at a CAGR of 4.73% in the forecast period of 2022-2029. The growing shift in consumer preferences and lifestyles has resulted in an increase in the consumption of healthy ingredients and products; this trend is expected to be one of the major factors driving market growth.

Market Overview

Oats are a type of cereal grain that is grown and cultivated for their seeds. These oat seeds are processed into various forms and product variants for human consumption. These grains are also widely used as livestock feed, with no special processing or modifications required. These food ingredients are widely used in breakfast cereals and have a number of potential health benefits.

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Global Oats Market Scope and Market Size

Oats market is segmented on the basis of product type, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• Oats market on the basis of product type has been segmented into oat groats, rolled oats, regular/flakes, powder/flour, bran, bar and others. Oat groats have been sub-segmented into whole oats and steel cut oats.

• On the basis of application, oats market has been segmented into food, feed, healthcare and personal care. Food is further segmented as food ingredient and bakery and confectionery.

• Based on distribution channel, oats market is segmented as store based and non-store based. Store based segment further consists of supermarkets/hypermarkets, specialty retailers, convenience stores and others.

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