Oats Market Outlook, Demand, Portfolio, and Forecast 2030
Oats Market Research Future Insights
The global Oats market is expected to
register a CAGR of 5.11% from 2022 to 2030 and hold a value of over USD 10.91
Billion by 2030.
Many people all over the world consider
oatmeal to be one of the best morning cereal options. It is well-known for
having a large number of starchy carbohydrates, vitamins, protein, minerals,
and dietary fiber, among other important nutrients. Typically, oatmeal is eaten
with milk, almonds, berries, and other fruits and vegetables. Oatmeal contains
more than 26 bioactive chemicals and a high concentration of antioxidants,
which protect the body from several chronic diseases such as cancer, diabetes,
and heart disease. Given its simplicity in preparation and high nutritional
value that is good for the body, oatmeal is frequently chosen by consumers
leading extremely busy lives. The Covid-19 pandemic crisis has caused a lot of
issues for industry. Industries were closed for lengthier periods due to
shutdowns, which cost money. The economies of the countries have also suffered.
Due to this circumstance, numerous nations and countries are experiencing
economic problems. The global pandemic scenario has had an impact on the global
oats
market outlook as well. The government lockdown had a significant impact on
supply chain operations. Market competition and service restrictions have
eventually had a negative impact on consumer demand for oats. However, the
process of distribution was unaffected because the government permitted the
distribution of food items through an internet platform.
Key Players
Some of the key market players are The
Quaker Oats Company, Blue Lake Milling Pty Ltd, Grain Millers Inc, Morning
Foods Ltd, General Mills Inc, Avena Foods Limited, and Richardson
International.
Market Segmentation
The global oats
market insights has been segmented into Form, Application, and Distribution
channels.
Based on Form, the market has been
segmented into Regular/Flakes, Powder/Flour, Bar, and Others. Standard/chips
Oats have a lot to offer when it comes to making the most of them as breakfast
cereal.
Based on Application, the market has been
segmented into Food ingredients, Bakery & Confectionery, Healthcare
Products, and Personal Care Products. Based on the demand for sound-cooked food
and candy store items, the bakery & confectionery segment dominates the
global market among these categories.
Based on Distribution Channel, the market
has been segmented into Store Based (Supermarkets/Hypermarkets, Specialty Retailers,
Convenience Stores, and others), and by Non-Store Based (E-Commerce). Deals
made through store-based channels dominate the market due to consumers'
favorable one-stop shopping experiences.
Regional Analysis
The largest share of the global oats market
is in North America, followed by Europe. The market for oats is experiencing
favorable growth as a result of popularity brought on by rising health
consciousness and quality food consumption habits from the developed nations of
these regions. The main nations that export oats are the United States, China,
Saudi Arabia, France, and India. The development of the market in these
countries is also being fueled by newly established exchange networks and a
need for high-quality food.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York
10013, United States of America
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