Organic Oats Market Research Report Size, Growth, Analysis & Forecast Report – 2022-2029
The Organic Oats Market is estimated to
grow at a robust CAGR of 3.1% over the forecast period (2022-2029)
The factors driving the growth of Global Organic Oats Market includes increasing consumers inclination towards adopting healthy lifestyles, growing demand for gluten free food products around the world rising popularity of convenient food items. Moreover, easy availability of organic oats products at online platforms and supermarkets, rise in the launch of innovative flavors by manufacturers, growing awareness about the
health benefits of organic oats, busy lifestyles, and rapid urbanization, are some of the additional factors supplementing the Organic Oats Market share. In addition, the increasing investments by leading players on research and development, strategic mergers, and acquisitions between key industry leaders, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.
However, growth of the Organic Oats Market
is hindered attributed to variations in the prices of organic oats.
The major players operating in the market
are Nairn’s Oatcakes Limited, General Mills Inc., Bob’s Red Mill Natural Foods
Inc., Willow Creek Organic Grain Co. Inc., Bagrry’s India Ltd., Unigrain Pty
Ltd., Nature’s Path, The Hain Celestial Group Inc., Quaker Oats Company,
Morning Foods Limited, Avena Foods Limited and NOW Health Group Inc., among
others.
Based on Application, the Breakfast Cereals segment is predicted to hold
the highest market share during the forecast period
Rising prevalence of health diseases such
as diabetes and obesity and growing demand for convenient food items, are some
of the factors responsible for the segment’s growth.
Based on Distribution Channel, the Hypermarkets/Supermarkets segment is
projected to expand at a remarkable CAGR over the forecast period
Hypermarkets offer wide range of organic
oat products at attractive discounts and provides free home delivery options,
are some of the factors propelling segment’s growth.
Based on Region, the North American region is anticipated to capture the
largest market share during the forecast period
Growing demand for low-calorie food
products, rising prevalence of cardiovascular disease and diabetes, consumers
inclination towards adopting healthy diets, increasing population growth rates
and high per capita incomes, are some of the important factors augmenting the Organic
Oats Market size in North American region.
Key Developments
·
In 2017, General Mills invested
around USD 3 million in granola maker Purely Elizabeth, this collaboration will
provide General Mills innovative product line as a healthy ingredient option
for the end-users.
·
In 2016, Bob’s Red Mill Natural
Foods introduced a new Gluten Free Organic Oats which is made up of the
kiln-toasting method and organically USDA certified.
Market Segmentation
Segmentation
by Product Type
·
Steel cut oats
·
Rolled oats
·
Oat flour
·
Oat Bran
Segmentation
by Application
·
Breakfast Cereals
·
Bakery products
·
Snacks and Savory Products
·
Others
Segmentation
by Distribution Channel
·
Hypermarkets/Supermarkets
·
Convenience Stores
·
Specialty Stores
·
Online Stores
·
Others
Segmentation by
Region
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
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