Press release
The Global Oat Milk Market, valued at USD 2.55 Bn in 2022, is projected to experience substantial growth, with a CAGR of 12.5 Percent from 2023 to 2029, reaching nearly USD 6.20 Bn
Oat Milk Market
The market research report provides insights into the scope of the oat milk market, detailing the research methodology employed. The data is gathered from primary and secondary sources, ensuring accuracy and valuable insights. The report examines the drivers and restraints of the market and provides regional insights.
The oat milk market is driven by several factors, including the increasing awareness of health and wellness, the rise in lactose intolerance, the growing popularity of veganism, and environmental concerns. Oat milk is considered a healthier and more sustainable alternative to traditional dairy milk, making it a preferred choice among health-conscious consumers. Additionally, the rising popularity of veganism and the environmental impact of food choices contribute to the market's growth.
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Oat Milk Market Dynamics:
The report also highlights opportunities for innovation in oat milk products, such as flavored varieties and organic options. Substantial investments and partnerships in the food and beverage industry, along with the growth of e-commerce platforms and online grocery shopping, enable oat milk manufacturers to reach a wider audience and expand their distribution channels.
Despite the market's growth prospects, certain challenges hinder its expansion. The high cost of oat milk production compared to traditional dairy milk leads to higher prices for consumers, limiting adoption. Competition from other plant-based milk alternatives like almond, soy, and coconut milk, which have established loyal customer bases, also poses a challenge. Raw material availability, such as oats, and the perception of oat milk as a niche product can make it difficult for manufacturers to reach a broader consumer base.
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Oat Milk Market Regional Insights:
The report emphasizes the regional insights of the oat milk market, with North America and Europe currently leading the market. However, the Asia Pacific region, particularly China, Japan, and Australia, is experiencing significant growth due to health concerns and changing consumer preferences. South America and the Middle East and Africa are emerging markets for oat milk, with increasing demand observed in countries like Brazil, Mexico, and the MEA region.
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Oat Milk Market Segmentation:
By Raw Material:
Plant Based
Animal Based
By Distribution:
Supermarket &
Hypermarket
Grocery Store
Online Retail
Others
By Packaging:
Cartons
Bottle
Others
By Product:
Plain
Flavored
By Source:
Organic
Conventional
By End-User:
Food and Beverage
Household
Food-service Industry
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Oat Milk Market Key Competitors include:
1. Oatly AB (Sweden)
2. Pacific Foods of Oregon LLC (USA)
3. Danone SA (France)
4. Pureharvest (Australia)
5. Happy Planet Foods Inc. (Canada)
6. Califia Farms LP (USA)
7. Rude Health (UK)
8. Alpro (Belgium)
9. Plenish Cleanse (UK)
10.Elmhurst Milked Direct LLC (USA)
11.Minor Figures (UK)
12.Planet Oat (USA)
13.Forager Project (USA)
14.Quaker Oats Company (USA)
15.Vitasoy (Hong Kong)
16.Rise Brewing Co. (USA)
17.Dream Plant Based (USA)
18.Earth's Own Food Company Inc. (Canada)
19.Thrive Market (USA)
20.Fazer Group (Finland)
21.Glebe Farm Foods (UK)
22.HappyCow (USA)
23.Isola Bio (Italy)
24.Lyrical Foods, Inc. (USA)
25.Nutriops S.L. (Spain)
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Table of Content for Oat Milk Market
1. Global Oat Milk Market: Research Methodology
2. Global Oat Milk Market: Executive Summary
• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Oat Milk Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Oat Milk Market Segmentation
• Global Market, by Raw Material (2021-2029)
• Global Market, by Distribution (2021-2029)
• Global Market, by Packaging (2021-2029)
• Global Market, by Product (2021-2029)
• Global Market, by Source (2021-2029)
• Global Market, by End-User (2021-2029)
5. Regional Oat Milk Market (2021-2029)
• Regional Market, by Raw Material (2021-2029)
• Regional Market, by Distribution (2021-2029)
• Regional Market, by Packaging (2021-2029)
• Regional Market, by Product (2021-2029)
• Regional Market, by Source (2021-2029)
• Regional Market, by End-User (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Raw Material, Distribution, Packaging, Product, Source and End-User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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