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Oats Market Trends, Growing Demand and Business Outlook Till 2030

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Market Insights:

According to MRFR analysis, the global Oats Market is expected to register a CAGR of ~5.11% from 2022 to 2030 and hold a value of over USD 10.80 Billion by 2030.

Many people all over the world consider oatmeal to be one of the best morning cereal options. It is well-known for having a large number of starchy carbohydrates, vitamins, protein, minerals, and dietary fiber, among other important nutrients. Typically, oatmeal is eaten with milk, almonds, berries, and other fruits and vegetables. Oatmeal contains more than 26 bioactive chemicals and a high concentration of antioxidants, which protect the body from several chronic diseases such as cancer, diabetes, and heart disease. Given its simplicity in preparation and high nutritional value that is good for the body, oatmeal is frequently chosen by consumers leading extremely busy lives. The Covid-19 pandemic crisis has caused a lot of issues for the industry. Industries were closed for lengthier periods due to shutdowns, which cost money. The economies of the countries have also suffered. Due to this circumstance, numerous nations and countries are experiencing economic problems. The global pandemic scenario has had an impact on the global Oats Market Trends as well. The government lockdown had a significant impact on supply chain operations. Market competition and service restrictions have eventually had a negative impact on consumer demand for oats. However, the process of distribution was unaffected because the government permitted the distribution of food items through an internet platform.

Key Players:

Some of the key market players are The Quaker Oats Company, Blue Lake Milling Pty Ltd, Grain Millers Inc, Morning Foods Ltd, General Mills Inc, Avena Foods Limited, and Richardson International.

Market Segmentation:

The global Oats market has been segmented into Form, Application, and Distribution channels.

Based on Form, the market has been segmented into Regular/Flakes, Powder/Flour, Bar, and Others. Standard/chips Oats have a lot to offer when it comes to making the most of them as breakfast cereal.

Based on Application, the market has been segmented into Food ingredients, Bakery & Confectionery, Healthcare Products, and Personal Care Products. Based on the demand for sound-cooked food and candy store items, the bakery & confectionery segment dominates the global market among these categories.

Based on Distribution Channel, the market has been segmented into Store Based (Supermarkets/Hypermarkets, Specialty Retailers, Convenience Stores, and others), and by Non-Store Based (E-Commerce). Deals made through store-based channels dominate the market due to consumers' favorable one-stop shopping experiences.

Regional Analysis:

The global Oats Market Share largest is in North America, followed by Europe. The market for oats is experiencing favorable growth as a result of popularity brought on by rising health consciousness and quality food consumption habits from the developed nations of these regions. The main nations that export oats are the United States, China, Saudi Arabia, France, and India. The development of the market in these countries is also being fueled by newly established exchange networks and a need for high-quality food.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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