Press release
Oat Milk Market to Surge Projected Growth from $2.86 Billion in 2023 to $6.54 Billion by 2030 at a CAGR of 12.5%
๐๐๐ญ ๐๐ข๐ฅ๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌThe oat milk market continues to expand globally, with rising health consciousness, lactose intolerance concerns, and sustainable dietary preferences driving its growth. This press release provides an in-depth look at the oat milk market, including its projected market size, CAGR, recent industry developments, and regional growth trends, focusing on Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/188059/
๐๐๐ญ ๐๐ข๐ฅ๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The global oat milk market was valued at USD 2.86 billion in 2023 and is projected to grow at a CAGR of 12.5 % from 2024 to 2030, reaching an estimated market size of USD 6.54 billion by the end of the forecast period. With increasing adoption in various sectors such as beverages, bakery, and cosmetics, oat milk has become a cornerstone of the plant-based milk alternatives market.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's oat milk market has seen significant growth due to rising consumer health awareness and an increasing number of vegan consumers. The collaboration between local distributors and international brands like ๐๐๐ญ๐ฅ๐ฒ and ๐๐๐ฅ๐ข๐๐ข๐ ๐ ๐๐ซ๐ฆ๐ฌ has created avenues for market expansion. Recent acquisitions by domestic food and beverage giants further highlight the market's potential. For example, ๐๐ข๐ง๐๐ฆ๐ข๐ฅ๐ค has expanded its portfolio by partnering with oat milk producers to meet local demand.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's oat milk market benefits from its thriving tourism and hospitality industries. A growing preference for plant-based diets among tourists and locals has prompted innovations in oat milk offerings. Companies like ๐๐๐ฌ๐ญ๐ฅรฉ ๐๐ก๐๐ข๐ฅ๐๐ง๐ have launched new flavors catering to Thai palates. Mergers and acquisitions, such as ๐๐ ๐ ๐จ๐จ๐๐ฌ' collaboration with global oat milk providers, signal a robust growth trajectory.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/188059/
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's oat milk market is marked by technological advancements and product innovations. ๐๐๐ข๐ฃ๐ข ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ recently announced its investment in oat milk production facilities, focusing on sustainability. The market also saw a merger between ๐๐ข๐ค๐ค๐จ๐ฆ๐๐ง and an international oat milk supplier to bolster their plant-based beverage offerings. The popularity of oat milk in ready-to-drink formats continues to surge.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's oat milk market has embraced digital retailing and direct-to-consumer channels. Companies like ๐๐จ๐ญ๐ญ๐ ๐ ๐จ๐จ๐๐ฌ are leveraging online platforms to reach health-conscious millennials. Strategic acquisitions, such as ๐๐ก๐ข๐ง๐ฌ๐๐ ๐๐ ๐ ๐จ๐จ๐'๐ฌ partnership with oat milk startups, are reshaping the competitive landscape. The government's focus on reducing carbon footprints further supports the adoption of plant-based alternatives.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore, known for its innovative food sector, is a hotbed for oat milk growth. Local startups and global players like ๐๐ข๐ง๐จ๐ซ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ are driving market penetration through premium product offerings. Recent collaborations between ๐ &๐ ๐๐ข๐ฆ๐ข๐ญ๐๐ and leading oat milk brands signify consolidation efforts to meet regional demand. Singapore's strategic position as a trade hub enables easy distribution across Southeast Asia.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/188059/
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains the largest market for oat milk, driven by its established plant-based food industry. Major players like ๐๐๐ญ๐ฅ๐ฒ and ๐๐ฅ๐๐ง๐๐ญ ๐๐๐ญ dominate the market, with continuous product launches and regional expansions. Recent mergers, such as ๐๐๐ง๐จ๐ง๐'๐ฌ acquisition of a plant-based beverage startup, highlight the industry's vibrancy. Retail giants like ๐๐๐ฅ๐ฆ๐๐ซ๐ญ and ๐๐๐ซ๐ ๐๐ญ are expanding their oat milk product lines.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's oat milk market is characterized by sustainability and innovation. Countries like Sweden, the UK, and Germany lead in consumption and production. ๐๐ฅ๐ฉ๐ซ๐จ, a pioneer in plant-based milk, continues to innovate with organic and fortified oat milk options. Mergers like ๐๐๐ญ๐ฅ๐ฒ'๐ฌ collaboration with supermarket chains across Europe underline the market's growth potential.
๐๐๐ญ ๐๐ข๐ฅ๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Plant Based
Animal Based
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง
Supermarket &
Hypermarket
Grocery Store
Online Retail
Others
๐๐ฒ ๐๐๐๐ค๐๐ ๐ข๐ง๐
Cartons
Bottle
Others
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Plain
Flavored
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Organic
Conventional
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Food and Beverage
Household
Food-service Industry
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/oat-milk-market/188059/
๐๐๐ญ ๐๐ข๐ฅ๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Oatly AB (Sweden)
2. Pacific Foods of Oregon LLC (USA)
3. Danone SA (France)
4. Pureharvest (Australia)
5. Happy Planet Foods Inc. (Canada)
6. Califia Farms LP (USA)
7. Rude Health (UK)
8. Alpro (Belgium)
9. Plenish Cleanse (UK)
10.Elmhurst Milked Direct LLC (USA)
11.Minor Figures (UK)
12.Planet Oat (USA)
13.Forager Project (USA)
14.Quaker Oats Company (USA)
15.Vitasoy (Hong Kong)
16.Rise Brewing Co. (USA)
17.Dream Plant Based (USA)
18.Earth's Own Food Company Inc. (Canada)
19.Thrive Market (USA)
20.Fazer Group (Finland)
21.Glebe Farm Foods (UK)
22.HappyCow (USA)
23.Isola Bio (Italy)
24.Lyrical Foods, Inc. (USA)
25.Nutriops S.L. (Spain)
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
โฆ India Food Additives Market https://www.maximizemarketresearch.com/market-report/india-food-additives-market/21469/
โฆ Global Fermented Beverages Market https://www.maximizemarketresearch.com/market-report/global-fermented-beverages-market/97972/
โฆ Jelly Pudding Market https://www.maximizemarketresearch.com/market-report/jelly-pudding-market/228958/
โฆ Australia Nutritional Supplements Market https://www.maximizemarketresearch.com/market-report/australia-nutritional-supplements-market/225042/
โฆ India Cocoa Butter Market https://www.maximizemarketresearch.com/market-report/india-cocoa-butter-market/46333/
โฆ Mexico Nutritional Supplements Market https://www.maximizemarketresearch.com/market-report/mexico-nutritional-supplements-market/225062/
โฆ Global Perilla Leaf Extract Market https://www.maximizemarketresearch.com/market-report/global-perilla-leaf-extract-market/110040/
โฆ Global Baking Enzymes Market https://www.maximizemarketresearch.com/market-report/global-baking-enzymes-market/78754/
โฆ Hops Market https://www.maximizemarketresearch.com/market-report/hops-market/200296/
โฆ Global Leavening Agents Market https://www.maximizemarketresearch.com/market-report/global-leavening-agents-market/112423/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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