Oat Milk Market Size Anticipated to Observe Growth at a Steady Rate of 15.15% for the Study Period 2022-2029
Market Analysis and Insights Global Oat Milk Market
Data Bridge Market Research analyses that the global oat milk market is growing at a CAGR of 15.15% in the forecast period of 2022-2029.
Oat milk is a plant-based product made up of whole oat grain, as oat contains high quantity of useful protein, fatty acids, and dietary fibre that are essential to keep up the healthiness. Oat milk is employed as a substitute to farm milk for vegetarian or lactose-intolerant individuals because it offers style and consistency similar to farm milk. Oat milk offers a decent supply of low-fat and is a cholesterol-free milk.
The increasing demand of lactose free products as it is easily to digest coupled is a major growing factor for oat milk market. Rising population of lactose intolerants is the major factor accelerating the growth of the oat milk market in the forecast period of 2022-2029. Furthermore, increasing awareness about its benefits over other dairy counterparts is propelling the market. High concentration of fiber in oat milk as compared to dairy milk and rising health consciousness are also expected to drive the growth of the oat milk market in the forecast period of 2022-2029. However, high packaging maintenance is hindering the market. Easy availability of substitutes such as almond milk, coconut milk restrain the growth of oat milk market. Also, less awareness regarding the benefits in developing economies will challenge market growth in the forecast period of 2022-2029.
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Competitive Landscape and Oat Milk Market Share Analysis
The oat milk market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to oat milk market.
Some of the major players operating in the oat milk market are PACIFIC FOODS OF OREGON, LLC., Oatly, Califia Farms, Danone, HP HOOD LLC, PepsiCo, HAPPY PLANET FOODS., Drinks Brokers Ltd, Alpro, The Quaker Oats Company, Pureharvest, Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF AMERICA, FrieslandCampina, LALA BRANDED PRODUCTS, LLC, Oy Karl Fazer Ab, RISO SCOTTI S.p.A., Elmhurst Milked Direct LLC and Rude Health among others.
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Global Oat Milk Market Scope and Market Size
The oat milk market is segmented on the basis of source, type, distribution channel, application and packaging. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Global Oat Milk Market, By Source (Organic, Conventional), Type (Flavoured, Unflavoured, Others), Distribution Channel (Online, Offline), Application (Food, Beverages), Packaging (Carton, Bottle, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
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