Press release
Whole Oats Groats Market Size 2024 to 2031.
Market Overview and Report CoverageWhole oats groats are hulled, crushed oat kernels that are processed and used as a nutritious ingredient in various food products. The market for whole oats groats is experiencing substantial growth, driven by increasing awareness among consumers about the health benefits of oats. The Whole Oats Groats Market is expected to grow at a CAGR of 10.30% during the forecasted period, showcasing a promising future outlook.
The rising demand for organic and natural food products, alongside the growing popularity of plant-based diets, is fueling the market growth for whole oats groats. Additionally, the increasing prevalence of lifestyle diseases such as obesity and diabetes is driving consumers towards healthier food choices, further propelling the demand for whole oats groats. The versatility of whole oats groats as an ingredient in cereals, baked goods, and snack bars is also contributing to its market growth.
In the coming years, technological advancements in oat processing and a growing focus on sustainability in agriculture are anticipated to further boost the market for whole oats groats. Moreover, the increasing availability of innovative oat-based products and the expansion of distribution channels are expected to drive market growth and create new opportunities for key players in the industry.
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Market Segmentation
The Whole Oats Groats Market Analysis by types is segmented into:
• Organic Products
• Inorganic Products
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Whole oats groats are available in two main market types: organic products and inorganic products. Organic products are grown without the use of synthetic pesticides or fertilizers, following strict guidelines to ensure the product is free from harmful chemicals. Inorganic products, on the other hand, may be treated with synthetic chemicals during farming, resulting in a lower price point but potentially lower quality. Consumers can choose between the two types based on their preferences for organic or conventionally grown products.
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The Whole Oats Groats Market Industry Research by Application is segmented into:
• Breakfast Cereals
• Bakery & Confectionery
• Beverages
• Snacks
• Others
Whole oats groats have diverse applications in various industries. They are commonly used in breakfast cereals for their nutritious properties and crunchy texture. In the bakery and confectionery industry, whole oats groats can be found in breads, muffins, and cookies for added texture and flavor. In beverages, oats groats are used to make oat milk or added to smoothies for a healthy boost. They can also be used in snacks like granola bars and trail mixes, as well as in various other food products for their health benefits and appealing taste.
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In terms of Region, the Whole Oats Groats 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 Whole Oats Groats market?
Emerging trends in the global whole oats groats market include the increasing consumer preference for healthy and natural food products, driving the demand for oats groats as a nutritious whole grain option. Additionally, the rising awareness about the benefits of oats groats for heart health and weight management is fueling market growth. The incorporation of oats groats in various food applications such as bakery products, cereals, and snacks is also a key trend, as manufacturers look to capitalize on the growing demand for healthy and convenient food options. Furthermore, the expanding distribution channels and online retail platforms are expected to boost market sales in the coming years.
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Major Market Players
Richardson International is a Canadian agribusiness company that has been in operation for over 160 years. The company is known for its high-quality whole oats groats, which are produced at its state-of-the-art facilities. With a strong presence in the Canadian market, Richardson International has also expanded its reach internationally, exporting its products to various countries.
Grain Millers, Inc. is another key player in the whole oats groats market. The company has a long history of producing organic and non-GMO oats products, catering to the growing demand for natural and healthy food options. With a focus on sustainability and environmental responsibility, Grain Millers has established itself as a trusted supplier in the industry.
Quaker Oats Company, a subsidiary of PepsiCo, is a well-known brand in the whole oats groats market. With a history dating back to the late 19th century, Quaker Oats has built a strong reputation for its high-quality oats products. The company has a wide range of products, including instant oatmeal, oat groats, and oat flour, catering to a diverse customer base.
In terms of market growth and size, the whole oats groats market has been experiencing steady expansion due to the increasing consumer awareness about the health benefits of oats. The market size is projected to continue growing in the coming years, driven by factors such as the rising demand for organic and non-GMO products, as well as the growing popularity of oats-based snacks and breakfast options.
In 2020, Quaker Oats Company reported sales revenue of over $2 billion, demonstrating its strong market position and customer loyalty. Richardson International and Grain Millers, Inc. also reported substantial sales revenue, reflecting their significant market share in the whole oats groats industry.
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