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Market
Overview:
The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD
8.56 billion by 2032, exhibiting a CAGR of 4.05% during the forecast period
(2020-2032).
The
growing consumption of whole-grain foods owing to its health benefits will
enable speedy expansion of the market, states Fortune Business Insights, in a
report, titled “Oats Market Size, Share & Industry Analysis, By Type
(Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and
Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional
Forecast, 2020 – 2032.” The market size stood at USD 5.18 billion in
2019.
Get A
Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/oats-market-100199
The
Report Lists the Key Companies in the Oats Market:
REPORT
COVERAGE
The oats market report offers both qualitative and quantitative insights.
It includes a detailed analysis of the industry, covering market size and
growth rate for different segments. The report provides an overview of related
markets, recent industry developments like mergers and acquisitions, regulatory
situations in important countries, and key market trends.
Source:
https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
Market
Driver:
Significant
Utilization in Animal Feed to Drive Market
The
widespread use of oats in animal feed is driving market growth because oats
improve the nutritional value of the feed. Oats have a higher fat content than
other cereals, which boosts energy levels in feed. They also aid in animal
digestion and have a balanced amino acid profile, making them ideal for feeding
poultry, horses, and piglets. However, the market faces challenges due to the
availability of other whole grains like wheat, barley, sorghum, and quinoa,
which offer similar nutritional benefits. Additionally, the high demand for
barley, which has low cholesterol and triglyceride levels, could further slow
market growth.
Mass
Disruption in Food Industry to Impede Development during Coronavirus
Government-imposed
lockdowns have disrupted supply chains, causing market closures and problems in
the food services sector. Food manufacturers and processors are facing
operational challenges. The shutdown of hotels, restaurants, and cafes has
negatively affected the global market. However, production has not been
impacted because governments ensured the delivery of seeds, fertilizers, and
crop protection products. Additionally, easy access to food supplies and
commodities provided by governments can help recover losses and lead to
profitable business outcomes.
Regional
Analysis:
Increasing
Health-Conscious Consumers to Aid Growth in Europe
Europe is
expected to capture a significant share of the market during the forecast
period due to high production levels in countries like Russia, the U.K., Italy,
and Spain. The rise in health consciousness among consumers is driving market
growth in the region. The demand for healthy grain-based snacks is also
contributing to the market's expansion in Europe. Busy lifestyles are pushing
European consumers to seek out more nutritious food products, leading to
increased production and consumption in these countries, creating more market
opportunities.
In North
America, the market is anticipated to hold the largest share globally due to
the growing popularity of porridge and oatmeal as staple foods.
Key
Development:
November
2018: Nestle
SA announced that it has added a new product to its cereals range containing whole
grains, called Oat Cheerios breakfast cereals in the UK.
Market
Overview:
The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD
8.56 billion by 2032, exhibiting a CAGR of 4.05% during the forecast period
(2020-2032).
The
growing consumption of whole-grain foods owing to its health benefits will
enable speedy expansion of the market, states Fortune Business Insights, in a
report, titled “Oats Market Size, Share & Industry Analysis, By Type
(Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and
Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional
Forecast, 2020 – 2032.” The market size stood at USD 5.18 billion in
2019.
Get A
Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/oats-market-100199
The
Report Lists the Key Companies in the Oats Market:
REPORT
COVERAGE
The oats market report offers both qualitative and quantitative insights.
It includes a detailed analysis of the industry, covering market size and
growth rate for different segments. The report provides an overview of related
markets, recent industry developments like mergers and acquisitions, regulatory
situations in important countries, and key market trends.
Source:
https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199
Market
Driver:
Significant
Utilization in Animal Feed to Drive Market
The
widespread use of oats in animal feed is driving market growth because oats
improve the nutritional value of the feed. Oats have a higher fat content than
other cereals, which boosts energy levels in feed. They also aid in animal
digestion and have a balanced amino acid profile, making them ideal for feeding
poultry, horses, and piglets. However, the market faces challenges due to the
availability of other whole grains like wheat, barley, sorghum, and quinoa,
which offer similar nutritional benefits. Additionally, the high demand for
barley, which has low cholesterol and triglyceride levels, could further slow
market growth.
Mass
Disruption in Food Industry to Impede Development during Coronavirus
Government-imposed
lockdowns have disrupted supply chains, causing market closures and problems in
the food services sector. Food manufacturers and processors are facing
operational challenges. The shutdown of hotels, restaurants, and cafes has
negatively affected the global market. However, production has not been
impacted because governments ensured the delivery of seeds, fertilizers, and
crop protection products. Additionally, easy access to food supplies and
commodities provided by governments can help recover losses and lead to
profitable business outcomes.
Regional
Analysis:
Increasing
Health-Conscious Consumers to Aid Growth in Europe
Europe is
expected to capture a significant share of the market during the forecast
period due to high production levels in countries like Russia, the U.K., Italy,
and Spain. The rise in health consciousness among consumers is driving market
growth in the region. The demand for healthy grain-based snacks is also
contributing to the market's expansion in Europe. Busy lifestyles are pushing
European consumers to seek out more nutritious food products, leading to
increased production and consumption in these countries, creating more market
opportunities.
In North
America, the market is anticipated to hold the largest share globally due to
the growing popularity of porridge and oatmeal as staple foods.
Key
Development:
November
2018: Nestle
SA announced that it has added a new product to its cereals range containing whole
grains, called Oat Cheerios breakfast cereals in the UK.
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