Oat Milk Market Expected to Rise at 13.72% CAGR during 2022-2027 | IMARC Group

Published February 14, 2023

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 Market

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.

Competitive Landscape:

  • Califia Farms LLC
  • Earth’s Own Food Company Inc
  • Elmhurst Milked Direct LLC
  • Happy Planet Foods Inc.
  • Oatly AB (Cereal Base Ceba AB)
  • Pacific Foods of Oregon LLC (Campbell Soup Company)
  • Planet Oat Oatmilk (HP Hood LLC.)
  • RISE Brewing Co.
  • The Hain Celestial Group Inc.
  • Thrive Market Inc.

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The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.

Breakup by Source:

  • Organic
  • Conventional

Breakup by Product:

  • Plain
  • Flavored

Breakup by Packaging Type:

  • Cartons
  • Bottles
  • Others

Breakup by Application:

  • Food
  • Beverages

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Grocery Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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