Oat Milk Market Size Forecasted To Achieve $5.18 Billion By 2029 With Steady Growth

The Oat Milk Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Oat Milk Market Size During the Forecast Period?
In recent times, the size of the oat milk market has shown significant growth. The market size is projected to increase from $3.25 billion in 2024 to $3.53 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.6%. The historic growth rate of this market can be traced back to various factors including rising popularity of dairy substitutes, increasing awareness about lactose intolerance, innovative strides in non-dairy products' development, the willingness of retail stores and cafes to adopt these products, and evolving consumer perceptions.

The oat milk industry is anticipated to experience rapid expansion in the upcoming years, reaching $5.18 billion in 2029 with a compound annual growth rate (CAGR) of 10.1%. The projected growth during the forecast period can be accredited to factors such as the appeal of clean labels, functional and enriched beverages, the impact of the youth market, influence of social media and influencers, and growth in the retail and cafe sector. Key trends during this period include the uptake of plant-based diets, focus on environmental sustainability, the rise of vegan and dairy-free movements, diversification and innovation in products, and an increase in retail and café acceptance.

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What Are the High-Growth Segments in the Oat Milk Market?
The oat milk market covered in this report is segmented -

1) By Source: Organic, Conventional
2) By End User: Food & Beverages, Nutraceuticals & Baby Food, Personal Care, Pharmaceuticals
3) By Product: Plain, Flavored
4) By Packaging Form: Carton, Bottle

Subsegments:
1) By Organic: Certified Organic Oats, Non-GMO Organic Oats, Organic Fortified Oat Milk
2) By Conventional: Regular Oats, Non-GMO Conventional Oats, Conventional Fortified Oat Milk

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What Key Drivers Are Expected to Influence Future Oat Milk Market Growth?
Anticipated growth in the oat milk market is linked to the increasing numbers of people following a vegan lifestyle. This involves minimizing the consumption of any animal-derived products, particularly in their food choices. A surge in veganism has been noticed due to factors such as maintaining a healthy weight, other health issues, and concern for animal welfare among others. Oat milk is rich in Vitamin D as compared to milk from cows, and this brings a range of health benefits such as better bone and dental health, and stronger immunity. As per the information provided by VeganBites, an American plant-based lifestyle content and information provider, the US population will touch 327 million in 2023, out of which around 19,632,000 are expected to be vegans. These numbers are likely to rise, and as such, the growing vegan population contributes towards the demand for oat milk.

Which Companies Hold the Largest Share Across Different Oat Milk Market Segments?
Major companies operating in the oat milk market include Rise Brewing Co, PepsiCo Inc., Danone North America, The Quaker Oats Company, The Hain Celestial Group Inc., Chobani LLC, Pacific Foods of Oregon Inc., Alpro NV, Thrive Market Inc., Oatly AB, Califia Farms LP, Earth's Own Food Company Inc., Ecotone SAS, Planet Oat, Minor Figures Ltd., Orgran, Elmhurst 1925 Inc., Natursoy S.L., Vly Foods GmbH, MALK Organics, Rude Health Foods Ltd., Plant Based Products Europe BV, Provamel, Happy Planet Foods Inc., Good & Gather, YooMoo Ltd., Plenish Cleanse Ltd., The Naked Oats Company Ltd., O'Milk Belgium BVBA, A. Vogel Bioforce AG

What Are the Latest Developing Trends in the Oat Milk Market?
Key players in the oat milk industry are striving to create unique dairy-free drinks, such as lactose-free alternatives, in a bid to cater to specific health needs and optimize their income in this sector. A lactose-free substitute pertains to non-lactose dairy products, which are appropriate for individuals suffering from lactose intolerance or other dairy-related health ailments. For instance, Epigamia, the Indian all-natural Greek yogurt brand, introduced their Oat Beverage Classic in September 2023. This lactose-free choice is not only tasty but also low in calories. The oat milk from Epigamia has the added bonus of producing micro-foam, enriching coffee experiences and facilitating latte art. Beyond just flavor, the Oat Beverage Classic contributes towards alleviating health issues like lactose intolerance, diabetes, and PCOD. It offers a comprehensive alternative for those pursuing a dairy-free and health-forward lifestyle.

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What Are the Emerging Geographies for The Oat Milk Market Growth?
Asia-Pacific was the largest region in the oat milk market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the oat milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Oat Milk Market?
2. What is the CAGR expected in the Oat Milk Market?
3. What Are the Key Innovations Transforming the Oat Milk Industry?
4. Which Region Is Leading the Oat Milk Market?

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