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Oat Milk Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5744232

Quick Summary:

In the rapidly evolving dairy substitute sector, the global oat milk market presents unique opportunities for growth and innovation. This market research report is a crucial resource for senior executives looking to understand industry trends, competitive landscape, regional variations and the various sub-segments that make up the market. Insight into the oat milk market can be key in recognizing potential investment opportunities and staying ahead of market shifts.

Due to its numerous health benefits and sustainability advantages, oat milk has witnessed an uptick in consumption globally. Factors propelling this growth include the rise of veganism, increased consumer preference for plant-based diets, and product innovations by key market players. This report untangles such complex dynamics, providing you with concise insights into the oat milk market. Discover not only the nuanced consumption patterns in developed and developing regions, but also the strategic moves of major market players, paving the way towards informed business decisions.

The oat milk market size has grown strongly in recent years. It will grow from $2.99 billion in 2023 to $3.25 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. Historical growth can be attributed to various factors including the rise of dairy alternatives, increased awareness of lactose intolerance, innovation in dairy-free product development, widespread adoption in retail and cafes, and shifting consumer perceptions toward non-dairy options.

The oat milk market size is expected to see strong growth in the next few years. It will grow to $4.69 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. Expected growth factors in the forecasted period include clean label appeal, fortified beverages, youth market influence, social media impact, and retail/cafe expansion. Major trends will revolve around plant-based diets, sustainability, veganism, innovation, and increased adoption in retail and cafes.

The surge in the vegan population is anticipated to drive the expansion of the oat milk market in the foreseeable future. Veganism, characterized by the avoidance of animal products, especially in dietary choices, is witnessing rapid growth for various reasons, including weight management, health considerations, and concerns about animal welfare, among others. Oat milk, a plant-based alternative, boasts higher vitamin D content compared to cow's milk, offering a range of health benefits such as promoting bone and dental health, as well as enhancing the immune system. In 2023, as reported by VeganBites, a US-based provider of plant-based content and information, with a projected population of 327 million in the United States, approximately 19,632,000 individuals are expected to identify as vegans. This number is poised to increase in the future. Consequently, the upward trajectory of the vegan population plays a pivotal role in propelling the growth of the oat milk market.

The anticipated growth in the oat milk market is expected to be propelled by an upsurge in health consciousness. Health consciousness, defined as the awareness and active pursuit of choices, behaviors, and lifestyles contributing to overall well-being, is influencing consumer preferences. Oat milk, recognized for its nutrient-rich profile and plant-based advantages, is increasingly favored by individuals embracing a health-conscious lifestyle. Notably, findings from the 2022 Food and Health Survey conducted by the International Food Information Council, a US-based nonprofit organization, revealed a significant increase in dietary consciousness among Americans in May 2022. The survey indicated that 52% of respondents reported adherence to a specific diet or eating pattern, marking a noteworthy rise compared to 39% in 2021 and 43% in 2020. Consequently, the growing emphasis on health consciousness emerges as a key driver behind the expansion of the oat milk market.

Leading companies within the oat milk market are strategically concentrating on the development of innovative beverages that cater to the growing demand for dairy-free options, such as the lactose-free alternative, with the dual objective of addressing specific health concerns and optimizing market profitability. A lactose-free alternative refers to a viable substitute for dairy products, deliberately formulated without lactose, making it suitable for individuals with lactose intolerance or other dairy-related health issues. As an illustration of this trend, in September 2023, Epigamia, a prominent India-based all-natural Greek yogurt brand, introduced the Oat Beverage Classic, a lactose-free alternative designed to provide a flavorful, low-calorie choice. Noteworthy features of Epigamia's oat milk include its unique ability to form micro-foam, enhancing the overall coffee experience and facilitating latte art. Beyond its taste and versatility, the Oat Beverage Classic directly addresses health concerns such as lactose intolerance, diabetes, and PCOD, presenting a wholesome alternative for those actively seeking a dairy-free and health-conscious lifestyle. This strategic focus on product innovation aligns with the industry's commitment to meeting evolving consumer preferences and fostering sustained market growth.

Prominent companies operating in the oat milk sector are strategically prioritizing collaboration and partnerships as part of their business strategy to deliver dependable services to customers. A strategic partnership involves a structured affiliation between two or more commercial enterprises, often established through one or more business agreements or contracts. A notable example of this strategic approach occurred in June 2023 when TH International Limited, a China-based coffee and bakery company, entered into a partnership with Oatly Group AB, a Sweden-based manufacturer specializing in dairy alternatives. Together, they launched a dairy-free ready-to-drink (RTD) oat milk latte product line. This collaboration not only allows TH International Limited to capitalize on the increasing demand for plant-based alternatives in China but also provides Oatly with access to a sizable and well-established distribution network, contributing to mutual business growth and customer satisfaction.

In December 2021, Fazer Group, a Finland-based food company known for its plant-based drinks, successfully acquired Trensums Food AB for an undisclosed sum. This strategic acquisition aligns with Fazer Group's objective of establishing leadership in the Northern European market. Trensums Food AB, a Swedish-based company with a focus on plant-based foods, notably oat-based derivatives, contributes to Fazer Group's expansion and reinforces its commitment to providing diverse and innovative food products in the region.

Major companies operating in the oat milk market report are Rise Brewing Co., PepsiCo Inc. (US), Danone North America, The Quaker Oats Company, The Hain Celestial Group Inc., Chobani LLC, Pacific Foods of Oregon Inc., Alpro NV, Thrive Market Inc., Oatly AB, Califia Farms LP, Earth's Own Food Company Inc., Ecotone SAS, Planet Oat, Minor Figures Ltd., Orgran, Elmhurst 1925 Inc., Natursoy S.L., Vly Foods GmbH, MALK Organics, Rude Health Foods Ltd., Plant Based Products Europe BV, Provamel, Happy Planet Foods Inc. (US), Good & Gather, YooMoo Ltd., Plenish Cleanse Ltd., The Naked Oats Company Ltd., O'Milk Belgium BVBA, A. Vogel Bioforce AG.

Asia-Pacific was the largest region in the oat milk market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the oat milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oat milk market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary segments within the oat milk market comprise organic and conventional variants. Organic oat milk is crafted through organic methods, ensuring production without synthetic chemicals and the absence of genetically modified organisms. This category encompasses plain and flavored oat milk, with packaging options ranging from cartons to bottles. Oat milk finds applications across diverse sectors, including food and beverages, nutraceuticals, baby food, personal care, and pharmaceuticals.

The oat milk market research report is one of a series of new reports that provides oat milk market statistics, including oat milk industry global market size, regional shares, competitors with an oat milk market share, detailed oat milk market segments, market trends and opportunities, and any further data you may need to thrive in the oat milk industry. This oat milk market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The oat milk market consists of sales of oat milk coffee creamer, oat milk bottled coffee drinks, oat milk ice cream, oat milk yogurt. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Nutraceuticals Market Characteristics3. Nutraceuticals Market Trends and Strategies
4. Nutraceuticals Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Nutraceuticals Market Size and Growth
5.1. Global Nutraceuticals Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Nutraceuticals Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Nutraceuticals Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Nutraceuticals Market Segmentation
6.1. Global Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Vitamins and Minerals
  • Probiotics
  • Proteins and Peptides
  • Omega Fatty Acids
  • Other Types
6.2. Global Nutraceuticals Market, Segmentation by Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Plant
  • Animal
  • Microbial
6.3. Global Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Functional Food
  • Functional Beverages
  • Dietary Supplements
  • Personal Care
  • Animal Nutrition
  • Other Applications
6.4. Global Nutraceuticals Market, Segmentation by Product Forms, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Capsules
  • Tablets
  • Softgels
  • Powder
  • Liquid
  • Gummies
6.5. Global Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Specialty Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Drug Stores/Pharmacies
  • Online Retail Stores
  • Other Distribution Channels
7. Nutraceuticals Market Regional and Country Analysis
7.1. Global Nutraceuticals Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Nutraceuticals Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Nutraceuticals Market
8.1. Asia-Pacific Nutraceuticals Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Nutraceuticals Market
9.1. China Nutraceuticals Market Overview
9.2. China Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Nutraceuticals Market
10.1. India Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Nutraceuticals Market
11.1. Japan Nutraceuticals Market Overview
11.2. Japan Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Nutraceuticals Market
12.1. Australia Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Nutraceuticals Market
13.1. Indonesia Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Nutraceuticals Market
14.1. South Korea Nutraceuticals Market Overview
14.2. South Korea Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Nutraceuticals Market
15.1. Western Europe Nutraceuticals Market Overview
15.2. Western Europe Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Nutraceuticals Market
16.1. UK Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Nutraceuticals Market
17.1. Germany Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Nutraceuticals Market
18.1. France Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Nutraceuticals Market
19.1. Italy Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Nutraceuticals Market
20.1. Spain Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Nutraceuticals Market
21.1. Eastern Europe Nutraceuticals Market Overview
21.2. Eastern Europe Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Nutraceuticals Market
22.1. Russia Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Nutraceuticals Market
23.1. North America Nutraceuticals Market Overview
23.2. North America Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Nutraceuticals Market
24.1. USA Nutraceuticals Market Overview
24.2. USA Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Nutraceuticals Market
25.1. Canada Nutraceuticals Market Overview
25.2. Canada Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Nutraceuticals Market
26.1. South America Nutraceuticals Market Overview
26.2. South America Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Nutraceuticals Market
27.1. Brazil Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Nutraceuticals Market
28.1. Middle East Nutraceuticals Market Overview
28.2. Middle East Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Nutraceuticals Market
29.1. Africa Nutraceuticals Market Overview
29.2. Africa Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Nutraceuticals Market Competitive Landscape and Company Profiles
30.1. Nutraceuticals Market Competitive Landscape
30.2. Nutraceuticals Market Company Profiles
30.2.1. Cargill Incorporated
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Archer Daniels Midland Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Nestle SA
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. BASF SE
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. PepsiCo Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Nutraceuticals Market Other Major and Innovative Companies
31.1. Abbott Laboratories
31.2. Groupe Danone
31.3. Evonik Industries AG
31.4. General Mills Inc.
31.5. Arla Foods amba
31.6. Kellogg Company
31.7. E. I. du Pont de Nemours and Company (DuPont)
31.8. Ajinomoto Co. Inc.
31.9. Kerry Group plc
31.10. Royal DSM NV (Royal DSM)
31.11. Amway Corporation
31.12. Ingredion Incorporated
31.13. Glanbia plc
31.14. Herbalife International of America Inc.
31.15. Lesaffre
32. Global Nutraceuticals Market Competitive Benchmarking33. Global Nutraceuticals Market Competitive Dashboard34. Key Mergers and Acquisitions in the Nutraceuticals Market
35. Nutraceuticals Market Future Outlook and Potential Analysis
35.1 Nutraceuticals Market in 2028 - Countries Offering Most New Opportunities
35.2 Nutraceuticals Market in 2028 - Segments Offering Most New Opportunities
35.3 Nutraceuticals Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Oat Milk Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on oat milk market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for oat milk? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Source: Organic; Conventional
2) By End-user: Food & Beverages; Nutraceuticals & Baby Food; Personal Care; Pharmaceuticals
3) By Product: Plain; Flavored
4) By Packaging Form: Carton; Bottle

Key Companies Mentioned: Rise Brewing Co.; PepsiCo Inc. (US); Danone North America; The Quaker Oats Company; The Hain Celestial Group Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Thermo Fisher Scientific Inc.
  • LabCorp Corporation
  • Quest Diagnostics Incorporated
  • SGS SA
  • Eurofins Scientific SA
  • Bureau Veritas SA
  • Intertek Group plc
  • Covance Inc.
  • QIAGEN N.V.
  • AsureQuality Limited
  • Microbac Laboratories Inc.
  • Genova Diagnostics Inc.
  • Mérieux NutriSciences Corporation
  • AWTA Ltd.
  • Metametrix Inc.
  • Cell Science Inc.
  • Gujarat Laboratories Ltd.
  • Doctor's Data Inc.
  • MenuSano
  • NutriData
  • ALS Limited
  • TÜV NORD GROUP
  • Dairy Technical Services Limited
  • Food Lab Inc.
  • Nutritional Information Solutions
  • Nettnutrition
  • Food Consulting Company
  • Friedman Health LLC
  • Nutrition Research Center Inc.
  • Health Diagnostics Laboratory Inc.
  • Nutrigenomics Inc.
  • Health Labs Inc.
  • PathGroup Inc.

Methodology

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