IMARC Group has recently released a new research study titled “Oat Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global oat milk market reached a value of US$ 495.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,062.6 Million by 2027, exhibiting a CAGR of 13.72% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Oat milk is a whitish liquid produced by soaking oat grains and blending them with water. It comprises carbohydrates, proteins, vitamins A, D, B12, and B2, fiber, calcium, copper, zinc, manganese, magnesium, and potassium. It is low in fat, gluten-free, and possesses a sweet flavor. It also contains beta-glucan, which is essential for maintaining proper gut health and strengthening the immune system to prevent infections. It supports the breakdown of carbohydrates for energy and the normal function of red blood cells (RBCs). Oat milk has zero saturated fats and cholesterol and assists in lowering the levels of bad cholesterol in the body. It also regulates their bowel movements and decreases the occurrence of constipation. Furthermore, as the procurement process of oat milk is environment-friendly and does not produce greenhouse gases, its demand is rising around the world.
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Oat Milk Market Trends and Drivers:
At present, the increasing demand for oat milk due to its nutritional benefits represents one of the primary factors influencing the market positively. Besides this, the rising adoption of the vegan lifestyle and consumption of plant-based diets to prevent animal slaughter is propelling the growth of the market. In addition, the growing consumption of oat milk among individuals dealing with lactose intolerance and food allergies is offering a favorable market outlook. Moreover, the rising number of restaurants and coffee shops incorporating vegan dishes and beverages in their menu is contributing to the growth of the market.
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The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.
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