
Oat Milk Market Report 2021-26: Trends, Share, Scope, Growth, Analysis and Forecast
According to the latest report by IMARC Group, titled, “Oat Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global oat milk market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.
Oat milk is a
plant-based, lactose-free, vegan-friendly milk substitute made from oats. Its
production process includes soaking, blending, and straining oats. This milk
can be taken in its raw form and as a natural sweetener with added flavorings,
such as dates, vanilla, and cinnamon. It is rich in vitamin B, folate,
manganese, zinc, magnesium, thiamine, phosphorus and copper. The consumption of
oat milk improves bone health and lowers blood cholesterol.
Market Trends:
The growing
inclination towards the consumption of oat milk as an ideal dairy milk
substitute is primarily driving the demand for oat milk across the globe. Other
than the similar taste, oat milk is gaining traction due to its health profile
and sustainability features. Moreover, several key manufacturers are adopting
innovative ways to extract oat milk to gain unique selling points and
differentiate their products in local markets. At present, numerous market
players are collecting high-quality raw materials directly from farmers to make
the final product cost-effective, which is providing a positive outlook to the
market. Various other factors, including the rising number of
lactose-intolerant individuals and the availability of oat milk in convenient
packaging solutions, are expected to further propel the market growth in the
coming years.
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Note: We are
regularly tracking the direct effect of COVID-19 on the market, along with the
indirect influence of associated industries. These observations will be
integrated into the report.
Oat Milk Market
2021-2026 Analysis and Segmentation:
Competitive
Landscape:
- Califia Farms LLC
- Earth’s Own Food Company Inc
- Elmhurst Milked Direct LLC
- Happy Planet Foods Inc.
- Oatly AB (Cereal Base Ceba AB)
- Pacific Foods of Oregon LLC
(Campbell Soup Company)
- Planet Oat Oatmilk (HP Hood LLC.)
- RISE Brewing Co.
- The Hain Celestial Group Inc.
- Thrive Market Inc.
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information about this report visit: https://www.imarcgroup.com/oat-milk-market
The report has
segmented the market on the basis of Product Type, Distribution Channel,
Packaging Type and Region.
Breakup by Source:
- Organic
- Conventional
Breakup by
Product:
- Plain
- Flavored
Breakup by
Packaging Type:
- Cartons
- Bottles
- Others
Breakup by
Application:
- Food
- Beverages
Breakup by
Distribution Channel:
- Supermarkets and Hypermarkets
- Grocery Stores
- Online Stores
- Others
Breakup by
Region:
- North America (United States,
Canada)
- Asia Pacific (China, Japan, India,
South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United
Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico,
Others)
- Middle East and Africa
As the novel
coronavirus (COVID-19) crisis takes over the world, we are continuously
tracking the changes in the markets, as well as the industry behaviours of the
consumers globally and our estimates about the latest market trends and
forecasts are being done after considering the impact of this pandemic.
If you want
latest primary and secondary data (2021-2026) with Cost Module, Business
Strategy, Distribution Channel, etc. Click request free sample report,
published report will be delivered to you in PDF format via email within 24 to
48 hours of receiving full payment.
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