Press release
Oats Market Forecasted to Expand at 5.48% CAGR, Reaching US$ 9.27 Bn by 2030
Oats Market
Oats, a staple breakfast cereal enjoyed globally, are renowned for their numerous health benefits. These benefits include lowering blood sugar levels, providing antioxidants, promoting healthy gut bacteria, aiding in weight management, and contributing to overall heart health. Oats are a whole grain derived from the cereal plant Avena sativa, widely cultivated for food consumption, animal feed, and skin-care products.
Europe remains the largest consumer of oats, with substantial demand observed in 2023. This region is also a significant producer and exporter of oats, meeting both domestic consumption needs and global demand.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/112989/
๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The global oats market is projected to experience robust growth, with a market size valued at approximately USD 6.38 billion in 2023. Over the forecast period from 2024 to 2030, this market is expected to grow at a compound annual growth rate (CAGR) of 5.48%, reaching a total market value of nearly USD 9.27 billion by the end of the decade.
๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The shift towards healthier diets and lifestyles is a key factor fueling the growth of the oats market. With a growing urban population increasingly concerned about health issues and poor lifestyle choices, there has been a noticeable uptick in the demand for nutritious and quick breakfast options. Oats, rich in nutrients such as protein, fiber, vitamins, and carbohydrates, have become an essential breakfast food for working professionals and health-conscious individuals alike. Their versatility and nutritional value make them an all-rounder choice for breakfast, providing a balanced start to the day.
The variety of oat products available is another driving factor behind the market's expansion. Consumers now have a wide range of oats options, from plain wholegrain oats to flavored variants, allowing them to select according to personal preferences. The availability of different flavors and forms of oats has expanded the consumer base, leading to greater market demand.
Additionally, working professionals, who often require quick, nutrient-dense meal options due to their busy schedules, have contributed to the rise in demand for instant oats. These oats are rolled extra thin and milled more finely, significantly reducing preparation time. The introduction of instant oats by leading brands, such as Quaker Oats, has played a pivotal role in this segment's growth.
Another emerging trend is the introduction of oatmeal protein bars, catering to consumers who are always on the go. These bars are available in various flavors, such as chocolate, honey, peanut butter, crunchy muesli, and plain oatmeal, providing a convenient and nutritious snack option for busy individuals.
๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
Despite the growing demand, the oats market faces some challenges. One of the primary obstacles is the fluctuation in grain prices, which affects both manufacturers and suppliers. These price variations create challenges in sourcing raw materials consistently, leading to potential supply chain disruptions and increased production costs.
๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ : https://www.maximizemarketresearch.com/request-sample/112989/
๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
Instant Rolled Oats
Regular Rolled Oats
Whole Oats Groats
Steel Cut Oats
Wholegrain oats dominate the market, with a CAGR of 3.38%. Wholegrain oats, being unprocessed, retain all their natural nutrients, including fiber, which is not lost during processing. This makes them an attractive option for health-conscious consumers who prefer minimally processed foods.
On the other hand, rolled oats, often used in animal feed and skincare products, also represent a significant portion of the market. These oats are processed to varying degrees but are not as popular in food consumption as wholegrain oats.
๐๐ฒ ๐ ๐จ๐ซ๐ฆ
Regular Flakes
Powder Flour
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Hypermarkets/Supermarkets
Convenience Stores
Online Retail
by Nature Gluten-Free
Conventional
๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฏ๐๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ
Europe is the leading region in terms of oat consumption, with approximately 7,450 metric tons of oats consumed in 2023. The region is also a major exporter, contributing significantly to global oat trade. The European consumer base values hearty, nutritious breakfast options, which contributes to the high demand for oats.
North America follows as the second-largest market, with 4,808 metric tons of oats consumed in 2023. However, consumer preferences in North America often lean towards sugar-coated cereals with milk, which has somewhat limited the growth of oats consumption compared to other regions.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/112989/
๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. The Quaker Oats Company
2. Blue Lake Milling Pty Ltd
3. Grain Millers, Inc.
4. Morning Foods Ltd
5. General Mills, Inc.
6. Avena Foods Limited
7. Richardson International
8. Nestle SA
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The global oats market is poised for significant growth in the coming years, driven by increasing consumer demand for nutritious and convenient breakfast options. While the European region remains the largest consumer, other regions such as North America, Russia, and Asia Pacific are expected to contribute substantially to market growth. Factors such as the variety of oat products, health benefits, and the rising trend of convenient meal solutions for busy professionals are expected to continue driving market dynamics.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ฑ๐ฉ๐ฅ๐๐ง๐๐ญ๐ข๐จ๐ง: https://www.maximizemarketresearch.com/market-report/global-oats-market/112989/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Oats?
What is the growth rate of the Oats Market?
Which are the factors expected to drive the Oats market growth?
What are the different segments of the Oats Market?
What are the factors restraining the growth of the Oats Market?
What is the demand pattern of the Oats Market?
What major challenges could the Oats Market face in the future?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ซ ๐๐จ๐ฌ๐ญ ๐๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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