Oats Market Business Growth, Development Factors and Growth Analysis 2024-2032

The global oats market size reached US$ 5.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2032, exhibiting a growth rate (CAGR) of 1.8% during 2024-2032.

Oats Market Business Growth, Development Factors and Growth Analysis 2024-2032
Oats Market

The latest report by IMARC Group, titled “Oats Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global oats market size reached US$ 5.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2032, exhibiting a growth rate (CAGR) of 1.8% during 2024-2032.

Oats, a multifaceted grain, are highly valility. Rich in fiber, proteins, vitamins, and minerals, they are a and are used in a variety of food products such as oatmeal, granola bars, and baked goods. Oats can also be processed into oat flour, oat milk, and oat bran, further expanding their use in the food and beverage industry. In addition to their culinary applications, oats are also used in cosmetics and skincare products for their soothing and anti-inflammatory properties. As a result, oats are widely cultivated across the globe, owing to their diverse utility and health benefits.

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Oats Market Report Trends and Drivers:

The worldwide market for oats is flourishing as consumers become more health-conscious, leading to a rise in the popularity of nutritious foods like oats. Oats are not only used in food products but also in the cosmetics and pet food sectors, creating new opportunities in the market. The increasing interest in plant-based and gluten-free diets has driven the consumption of oats, contributing to the growth of the market. The introduction of innovative oat-based products, like convenient oatmeals and flavored oat drinks, appeals to a broader range of consumers, while sustainable farming methods play a role in expanding the market.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

  • Flakes
  • Flour
  • Bran
  • Others

Breakup by Application:

  • Food use
  • Feed use

Market 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

Competitive Landscape with Key Player:

  • Avena Foods Limited
  • B&G Foods, Inc.
  • Bagrrys India Limited
  • Blue Lake Milling Pty Ltd. (CBH Group)
  • Bob’s Red Mill Natural Foods
  • Grain Millers, Inc.
  • Kellogg Company
  • Marico Limited
  • Morning Foods Ltd.
  • Nature's Path Foods
  • PepsiCo, Inc.
  • Post Holdings, Inc.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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