Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Oat Milk Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.6% during the review period (2022 to 2027).
Rise in popularity of vegan diet among consumers in the recent past has boosted the demand for dairy alternative beverages. Consumers are shifting their preference toward plant-based milk, owing to health, environmental, and ethical factors, which significantly contributes toward the growth of the market. This change in tastes and preferences toward plant-based beverages is distinctly observed among consumers in the U.S. and Europe. Hence, increase in trend of veganism is regarded as a crucial factor that drives the demand for plant milk, including oat milk. Additionally, rise in consumers suffering from lactose intolerance and milk allergy has led to increase in consumption of dairy alternatives. This has consequently augmented the demand for oat milk. However, plant-based milk is not permitted to be labelled as milk in several countries, and is taxed higher as compared to dairy milk. These aspects can potentially hinder the oat milk market growth.
Industry Developments:
SunOpta Introduces Protein Powder Made With Upcycled Oat Milk Waste
March 7, 2022: Plant-based food and beverage company SunOpta has launched OatGold™, a protein powder made with upcycled oat milk waste. The highly nutritious powder can be used in baked goods, spreads, dips, and snacks.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes SunOpta, Inc., Sanitarium Health and Wellbeing, HP Hood LLC, PureHarvest, Otis Oat Milk, Oatly AB, Danone S. A., Vitasoy International Holdings Limited, WhiteWave Services, Inc., Silk, Planet Oat, and Califia Farms, LLC and others.
Oat Milk Market is segmented based on the Product , Food Tested , Technology , applications, End users, companies and regions.
Global Oat Milk Market, by Source
Global Oat Milk Market, by Flavor
Global Oat Milk Market, by Packaging form
Global Oat Milk Market, by Distribution Channel
North America leads the sauerkraut market owing to the growing number of health conscious consumers and rising awareness regarding the product within this region. Asia-Pacific is anticipated to expand at a significant growth rate over the forecast period of 2022 to 2027 because of the increasing demand for the packaged food, nutritious food, rising awareness concerning the health conscious products in this region.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 12.6% during the review period (2022 to 2027). |
By Source, Flavor, Packaging form |
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By Distribution Channel |
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By Companies | SunOpta, Inc., Sanitarium Health and Wellbeing, HP Hood LLC, PureHarvest, Otis Oat Milk, Oatly AB, Danone S. A., Vitasoy International Holdings Limited, WhiteWave Services, Inc., Silk, Planet Oat, and Califia Farms, LLC, |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 137 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Oat Milk Market is studied from 2017 - 2027.
What is the growth rate of Oat Milk Market?
The Oat Milk Market is growing at a CAGR of 12.6% over the next 5 years.
Who are the leading key players in Oat Milk Market?
SunOpta, Inc., Sanitarium Health and Wellbeing, HP Hood LLC, PureHarvest, Otis Oat Milk, Oatly AB, Danone S. A., Vitasoy International Holdings Limited, WhiteWave Services, Inc., Silk, Planet Oat, and Califia Farms, LLC,
What regions regions does this Oat Milk Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Oat Milk Market?
Organic, Conventional
What are the significant applications of Oat Milk Market?
Supermarket & Hypermarket, Grocery Store, Online Retail, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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