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Oatmeal Market Share, Key Insights, Emerging Trends, Segmentation And Outlook By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Oatmeal Global Market Report 2023 identifies increase in consumers opting for healthy diet plans as the major driver for the oatmeal market's growth in the forecast period. This diet plan includes eating fruits, vegetables, oatmeal, and more. Due to the outbreak of COVID-19, people are opting for healthy diet plans to keep their bodies fit and improve immunity in the body. There will be an increased demand for oatmeal due to an increase in consumers opting for healthy diet plans as oatmeal is part of the diet plan.
The global oatmeal market size grew from $6.26 billion in 2022 to $6.5 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The oatmeal market size is expected to grow to $7.68 billion in 2027 at a CAGR of 4.2%.
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Major competitors in the oatmeal market are Nature's Path Foods Inc., Nestle SA, General Mills Inc., Post Holdings Inc (Weetabix ltd), La Crosse Milling Company.
A key trend in the oatmeal market includes introduction of new flavors in oatmeal. The new flavors in oatmeal include flavors of vegetables, fruits, and spices to offer new tastes while improving nutritional benefits. Major companies operating in the oatmeal market are focused on launching new flavored oatmeal to expand their portfolio, attract new customers and strengthen their position. For instance, in March 2021, Quaker, an Indian brand of oatmeal launched a unique product that brings plain oats with 2 different flavors. These oat mixes contain Homestyle Masala and Tangy Tomato in one pack to provide options to consume oats in a wide array of new, tasty, and convenient ways for consumers.
Read More On The Global Oatmeal Market Report Here:
https://www.thebusinessresearchcompany.com/report/oatmeal-global-market-report
The oatmeal market is segmented -
1) By Type: Whole Oat Groats, Steel Cut Oats, Scottish Oats, Regular Rolled Oats, Quick Rolled Oats, Instant Oats, Other Types
2) By Nature: Organic, Conventional
3) By Distribution Channel: Supermarket/Hypermarket, Convenience Stores, Online Channels, Other Distribution Channels
4) By Form: Flavoured Oats, Base Oats
5) By Application: Bakery And Confectionery, Breakfast Cereals, Animal Feed, Others (Cosmetics, Other)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the oatmeal market.
The Business Research Company's "Global Oatmeal Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Oatmeal Market Include:
1. Executive Summary
2. Oatmeal Market Characteristics
3. Oatmeal Market Trends And Strategies
4. Oatmeal - Macro Economic Scenario
5. Oatmeal Market Size And Growth
……
26. Africa Oatmeal Market
27. Oatmeal Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oatmeal Market
29. Oatmeal Market Future Outlook and Potential Analysis
30. Appendix
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