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Oats Milk Market Size 2024 to 2031.

04-07-2024 06:41 PM CET | Politics, Law & Society

Press release from: Report Prime

Market Overview and Report Coverage

Oats milk is a plant-based alternative to traditional dairy milk that is gaining popularity among consumers looking for dairy-free options. It is made by blending oats with water, resulting in a creamy and slightly sweet beverage that can be used in cooking, baking, or enjoyed on its own.
The oats milk market is expected to experience significant growth in the coming years, with a projected CAGR of 8.70% during the forecasted period. This growth is driven by increasing consumer awareness and demand for plant-based products, as well as a growing interest in sustainable and environmentally friendly food choices.
As more people seek out dairy alternatives for health, ethical, or environmental reasons, oats milk offers a nutritious and versatile option that is high in fiber and low in saturated fat. It is also suitable for individuals with lactose intolerance or dairy allergies, further expanding its appeal in the market.
Overall, the future outlook for the oats milk market looks promising, with continued innovation, product development, and marketing efforts expected to drive growth and increase market share in the plant-based dairy industry.

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Market Segmentation
The Oats Milk Market Analysis by types is segmented into:
• Plain
• Flavored

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Oat milk is available in two main market types: plain and flavored. Plain oat milk is the original version, made simply with oats and water. It has a mild and creamy taste, making it a versatile option for various recipes and uses. On the other hand, flavored oat milk offers a variety of additional flavors such as vanilla, chocolate, and strawberry. These options provide a more indulgent and sweet alternative to plain oat milk, appealing to those looking for unique and enjoyable taste experiences.

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The Oats Milk Market Industry Research by Application is segmented into:
• Beverages
• Desserts
• Bakery
• Others

Oats milk is widely used in various applications within the food and beverage industry. It is commonly utilized in beverages such as coffee, smoothies, and shakes, as well as in desserts like puddings, ice cream, and yogurt. In the bakery sector, oats milk is used in baking recipes for bread, pastries, and other baked goods. Additionally, oats milk can also be incorporated into various other food products such as sauces, dressings, and soups, making it a versatile ingredient in culinary creations.

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In terms of Region, the Oats Milk Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Oats Milk market?
The global oats milk market is experiencing several emerging trends, including rising demand for plant-based alternatives to dairy products, increasing awareness about the health benefits of oats milk, and growing popularity among consumers with lactose intolerance or other dietary restrictions. Additionally, the market is witnessing a surge in product innovation with flavored and fortified oats milk varieties entering the market. The trend towards sustainable and eco-friendly practices is also driving the growth of the oats milk market, as consumers seek out environmentally friendly options. Overall, these trends are expected to continue shaping the oats milk market in the coming years.

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Major Market Players
Oatly is a leading player in the oats milk market, with a strong presence in North America, Europe, and Asia. The company was founded in Sweden in the 1990s and has grown consistently over the years, with a focus on sustainability and ethical sourcing. Oatly's market growth has been significant, with the company reporting a 58% increase in revenue in 2020 compared to the previous year. Its market size is estimated to be around $490 million.
Ripple Foods is another key player in the oats milk market, offering a range of plant-based dairy alternatives. The company was founded in 2015 in California and has since expanded its presence in the US and beyond. Ripple Foods has experienced rapid growth, with sales revenue reaching $40 million in 2020. The company's innovative approach to product development and strong brand presence have contributed to its success in the market.
Danone is a multinational food company that has entered the oats milk market with its plant-based brand Silk. With a strong global presence and a focus on sustainability, Danone has been able to capture a significant share of the market. The company reported sales revenue of $6.1 billion in 2020, with its plant-based portfolio contributing to its overall growth. Danone's strategic investments in research and development have helped it stay competitive in the rapidly evolving oats milk market.

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Phone: +1 507 500 7209
Email: sales@reportprime.com

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