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Oatmeal Market Size and Share 2024-2031 Detailed Analysis by Company Profiles and Industry Development Status | Nature's Path Foods Inc., General Mills Inc.

05-22-2024 11:12 AM CET | Food & Beverage

Press release from: Coherent Market Insights

Oatmeal Market

Oatmeal Market

Market Overview:

Oatmeal is a breakfast cereal made from steel-cut, rolled, or instant oats. It is commonly eaten as a hot breakfast cereal cooked with water, milk or both. Oatmeal comes in various flavors and textures and provides fiber, protein and essential vitamins and minerals. It is considered a healthy breakfast option for weight management and heart health.

Market Dynamics:

The oatmeal market is expected to witness significant growth over the forecast period owing to two key drivers - increasing demand for healthy breakfast options and growing awareness about nutrition and wellness. The busy lifestyle has prompted people to opt for convenient yet nutritious breakfast foods like oatmeal. Furthermore, changing dietary habits and focus on preventive healthcare is driving sales of oats-based cereals. Rising obesity rates and health consciousness is another factor fueling the demand. Ease of preparation of instant oats is also attracting consumers. Manufacturers are launching innovative flavored varieties with low sugar and gluten-free options to cater to diverse consumer tastes. Expansion of retail distribution and e-commerce platforms is further supporting the market growth.

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Potential Health Benefits for Consumers Drive Oatmeal Market Growth

As consumers prioritise their health and wellness today more than ever, the potential health benefits of consuming oatmeal are a major driver for the growth of the oatmeal market. Oatmeal is packed with important nutrients like fibre, which can help regulate digestion and promote gut health. The soluble fiber in oatmeal also helps lower cholesterol levels and decreases the risk of heart disease. Additionally, oatmeal is a good source of protein and contains antioxidants which may reduce inflammation in the body. By promoting healthy heart, digestion and overall wellness, oatmeal appeals greatly to today's health-conscious consumers. Research also shows that eating oatmeal for breakfast helps keep you fuller for longer and control hunger cravings throughout the day for balanced weight management. With its delicious taste and versatile usage, the significant health halo around oatmeal makes it a popular choice and ensures sustained demand growth in the future.

Rising Costs of Oats Threaten Market Profitability

While oatmeal provides abundant health benefits, rising costs of raw oats poses a threat to the profitability and sustainability of the oatmeal market over the long run. Oats require fertile agricultural land and substantial water resources for cultivation. Climate changes like unpredictable rainfall patterns and heat waves in major oat producing regions have negatively impacted crop yields in recent years. Additionally, increasing demand for oats from food as well as feed industries has put pressure on limited global oat supplies. Higher transportation and storage costs due to disrupted supply chains during the pandemic have further inflated oat prices. As a result, oat producers now face greater input costs which oatmeal producers have to account for through gradual price hikes. While necessary to sustain profit margins, frequent price rises risk alienating value-conscious consumers and threatening long term demand for the category. Mitigating supply chain vulnerabilities and improving agricultural practices would be critical to maintain stable oat costs.

Healthier Product Innovation Presents Opportunities in Specialty Market Segments

Demand for specialised, healthy products within the oatmeal market presents manufacturers with significant growth opportunities. As preventive healthcare gains prominence, there is rising interest in oatmeal variants with specific wellness benefits targeting conditions like diabetes, heart health, digestion etc. Innovation in formulations like protein-fortified, low sugar, gluten-free varieties cater to evolving consumer needs. Such targeted, premium products command higher margins while also growing the existing market. Developing novel formats like ready-to-eat microwaveable cups and packs extending oatmeal's convenience also attracts new audiences. Partnerships with nutritionists and dietitians help manufacturers strengthen health positioning and drive trial among health-conscious demographics. Specialised marketing efforts focused on highlighting unique functional benefits can carve out premium niche segments within the broader oatmeal category. By addressing unmet needs through continuous innovation, manufacturers stand to boost volumes and premiumise the market.

Wellness Trend Drives Personalisation and Customisation in the Oatmeal Market

A key trend steering innovation and growth in the oatmeal market is the rising consumer focus on wellness and personalisation. Today's health-minded shoppers want more control over what goes into their foods based on individual nutrition requirements and lifestyle. This provides opportunities for manufacturers to drive repeated purchases through customisable product offerings. Digital platforms enable consumers to select ingredients like fruits, nuts, spices and customize taste, texture as well as macronutrient profile based on fitness goals while ordering ready-to-consume or cook-at-home options. Premium private label brands too are exploring avenues like subscription services delivering customized oat meals on weekly/monthly basis. Personalisation and mass customisation through leveraging technology helps build strong brand loyalty and engagement with Millennial and Gen Z consumers. As individuals pay greater attention to their diets, the ability to cocreate tailored oatmeal meals as per dynamic wellness needs will be integral to sustaining demand in the future evolving marketplace.

Worldwide major and leading players within the market are:

★ Nature's Path Foods Inc.
★ General Mills Inc.
★ Kellogg NA Co.
★ The Quaker Oats Company
★ World Finer Foods Inc.
★ Bagrry's India Ltd.
★ La Crosse Milling Company
★ Avena Foods Limited
★ Cargill Incorporated
★ World Finer Foods Inc.,

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Segmental Overview

Oatmeal Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.

The titled segments and sub-section of the Oatmeal market are illuminated below:

Global Oatmeal Market, By Product Type:

★ By Oat Type -
★ Whole Oat Groats
★ Steel Cut Oats
★ Scottish Oats
★ Regular Rolled Oats
★ Quick Rolled Oats
★ Instant Oats
★ Others

★ By Distribution Channel -
★ Supermarket
★ Hypermarket
★ Specialty Stores
★ Online Channels
★ Others

Regional Analysis for Oatmeal Market:

📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Key Highlights of the Report

Offers a comprehensive and holistic analysis of the Oatmeal Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Oatmeal market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Oatmeal market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:

➥ Which companies dominate the global Oatmeal market?
➥ What current trends will influence the Oatmeal market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Oatmeal market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?

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Contact Us:

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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