The market is expected to generate an incremental $ opportunity of US$ 2,296.8 Mn between 2022 and 2032
Category: Food & Beverages Published Date : October 2022 ID: CVC-00378 Format: PDF Pages: 300
Organic Oats Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Organic Oats Market grew at a CAGR of 4.3% between 2017-2021 and is estimated to be US$ 4,512.7 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.2% and is expected to reach a valuation of US$ 6,809.5 Mn by 2032 end.
The two main factors propelling the organic oat market are the need for plant-based foods and rising consumer health consciousness. Oatmeal made from organic ingredients is very well-liked as a morning cereal. Organic oatmeal is a high-protein food containing soluble fiber, which has many health advantages and helps regulate cholesterol and blood sugar.
The two markets with the highest demand for organic oats are North America and Europe. Due to well-established facilities, efficient supply chains, and logistical systems, consumption of organic oats is likely to rise more quickly in each of these places.
Market Dynamic
INCREASING HEALTH AWARENESS AMONG CONSUMERS HAS ASSISTED THE GROWTH OF THE ORGANIC OATS MARKET
Growing consumer demand for healthier foods and increased popularity is driving the growth of the organic oat market. Most consumers today demand that the foods and beverages they consume adhere to complex standards for environmental sustainability, ethics, and health. Oatmeal is frequently consumed as a nutritious alternative to bread for breakfast because of its many health benefits and high nutritional value. Numerous health advantages of organic oatmeal include cholesterol reduction, blood sugar regulation, and help with weight loss.
THE HIGH AVAILABILITY OF SUBSTITUTES FOR ORGANIC OATS IS POSING A THREAT TO THE GLOBAL MARKET
Although the demand for organic oats powder as a useful food additive is rising quickly, the market is being threatened by the abundance of organic oat replacements.
Oats are one of the organic grains widely consumed worldwide because of their wholesome and nutritional qualities. However, other organic grain products are also being used more frequently to satisfy consumer demands for nutrition.
INCREASED CONSUMER SPENDING FROM EMERGING ECONOMIES TO PROVIDE MORE OPPORTUNITIES FOR ORGANIC OAT SUPPLIERS
Products made from organic oats, particularly those from North America and Europe, are becoming increasingly popular with customers. The economies of emerging nations like China, India, Brazil, and others are growing quickly.
Increased per capita income among consumers also enables them to spend more on organic plant-based foods like organic oat snacks. Western organic oat products like oat noodles, oatmeals, oat biscuits, and other easily accessible organic oats-based food products are becoming increasingly popular with consumers.
Market Segments Covered in Report
By Product:
By Application:
By Sales Channel:
By Region and Country:
Segment-Wise Analysis
Why are breakfast cereals prominent across regions?
Breakfast cereals are the most used and consumed product in the application category. The market value share for the breakfast cereals segment is 44.6%. The popularity of breakfast cereals among consumers, their ease of use, and numerous health advantages are driving up demand for them in the retail sector.
How does supermarket/hypermarkets provide new opportunities for organic oats suppliers?
Due to their accessibility, organic oats are growing in popularity. Furthermore, by the end of the forecast period, the market value of organic oats in the distribution channel category of supermarkets and hypermarkets is anticipated to reach US$ 4.1 billion.
Region-Wise Analysis
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
Competition Analysis
Major oat producers are concentrating on innovation, research and development, and expansions to acquire high-quality organic oats. The ability of organic oat producers to operate and innovate is being strengthened by intense effort and significant investment.
Some of the key developments that have taken place in the Organic Oats Market include the following:
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
Research Scope | Details |
Forecast period | 2022-2032 |
Historical data available for | 2017-2021 |
Market analysis | USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032 |
Key regions covered | North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa |
Key countries covered | US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt |
Key segments covered | By Product, Application, Sales Channel, and Region |
Customization scope | Available upon Request |
Pricing and purchase options | Available upon Request |