+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

South Korea Oat Fibre Market Report and Forecast 2023-2028

  • PDF Icon

    Report

  • 166 Pages
  • October 2023
  • Region: South Korea
  • Expert Market Research
  • ID: 5897920
According to the report, the South Korea oat fibre market reached a value of approximately USD 11.98 billion in 2022. Aided by the burgeoning demand for health-centric food products and the rising utilisation of oat fibre across diverse industries, the market is expected to grow at a CAGR of 8% between 2023 and 2028, reaching a value of USD 18.6 billion by 2028.

Oat fibre, a product obtained from the outer husk of oat grain, is often incorporated as a vital ingredient in an array of food products, such as bread, pastries, cereals, snacks, and dietary supplements. Renowned for its high dietary fibre content, oat fibre plays an integral role in digestive health, weight management, and overall wellbeing. Beyond its nutritional merits, oat fibre also exhibits remarkable water-binding, bulking, and texturising characteristics, making it an invaluable ingredient in diverse industrial applications, including food and beverages, nutraceuticals, and cosmetics.

The soaring consumer inclination towards fibre-rich food products is the primary factor driving the South Korea oat fibre market growth. As health awareness increases, there's been a substantial swing towards diets rich in dietary fibre, leading to a swell in demand for oat fibre-infused products. Furthermore, the escalating trend of health and wellness has notably contributed to oat fibre's increasing appeal, given its popular use in weight management supplements consumed by health-conscious individuals.

The broadening applications of oat fibre across multiple industries also significantly contribute to the South Korea oat fibre market expansion. In the nutraceutical sector, oat fibre is utilised as a functional ingredient in the production of dietary supplements owing to its cholesterol-lowering and prebiotic properties. The cosmetic industry employs oat fibre for its moisturising and skin-soothing properties, which are integral in creating various skincare products.

Moreover, oat fibre's characteristics make it a crucial component in the food and beverage manufacturing, where it is used as a healthy filler, thickener, and texturiser, thus increasing the South Korea oat fibre market demand. Further, the escalating demand for plant-based alternatives in the food and beverage industry has directed increased attention towards oat fibre as an apt ingredient for vegan-friendly products.

With the advent of veganism and the growing popularity of plant-based diets, oat fibre has surfaced as a key ingredient in formulating dairy-free alternatives like oat milk, thereby propelling the oat fibre market's growth. Additionally, the South Korean government's efforts in promoting healthier diets have resulted in favourable conditions for South Korea oat fibre market development.

Market Segmentation

The market can be divided based on product type, form, packaging, distribution channel, and end use.

Market Breakup by Product Type

  • Organic
  • Conventional

Market Breakup by Form

  • Powder
  • Tablet

Market Breakup by Packaging

  • Pouches
  • Jar
  • Paper Bags
  • Others

Market Breakup by Distribution Channel

  • Direct
  • Indirect

Market Breakup by End Use

  • Food and Beverage
  • Bakery and Confectionary
  • Meat Products
  • Beverages
  • Others
  • Dietary Supplements
  • Pharmaceuticals Industry
  • Animal Feed/Pet Food
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the South Korea oat fibre companies.

Some of the major key players explored in the report are as follows:

  • Central Fiber Chemical Inc.
  • InterFiber Ltd.
  • SunOpta Ingredients Group
  • Others

About the Analyst

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

These high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Opportunities and Challenges in the Market
8 South Korea Oat Fibre Market Overview
8.1 Key Industry Highlights
8.2 South Korea Oat Fibre Market Historical Market (2018-2022)
8.3 South Korea Oat Fibre Market Forecast (2023-2028)
9 South Korea Oat Fibre Market by Product Type
9.1 Organic
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Conventional
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 South Korea Oat Fibre Market by Form
10.1 Powder
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Tablet
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
11 South Korea Oat Fibre Market by Packaging
11.1 Pouches
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Jar
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Paper Bags
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 Others
12 South Korea Oat Fibre Market by Distribution Channel
12.1 Direct
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Indirect
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
13 South Korea Oat Fibre Market by End-Use
13.1 Food and Beverage
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.1.4 Breakup by Type
13.1.4.1 Bakery and Confectionary
13.1.4.2 Meat Products
13.1.4.3 Beverages
13.1.4.4 Others
13.2 Dietary Supplements
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Pharmaceuticals Industry
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 Animal Feed/Pet Food
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Central Fiber Chemical Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 InterFiber Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 SunOpta Ingredients Group
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. South Korea Oat Fibre Market: Key Industry Highlights, 2018 and 2028
2. South Korea Oat Fibre Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. South Korea Oat Fibre Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. South Korea Oat Fibre Historical Market: Breakup by Form (USD Million), 2018-2022
5. South Korea Oat Fibre Market Forecast: Breakup by Form (USD Million), 2023-2028
6. South Korea Oat Fibre Historical Market: Breakup by Packaging (USD Million), 2018-2022
7. South Korea Oat Fibre Market Forecast: Breakup by Packaging (USD Million), 2023-2028
8. South Korea Oat Fibre Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9. South Korea Oat Fibre Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10. South Korea Oat Fibre Historical Market: Breakup by End-Use (USD Million), 2018-2022
11. South Korea Oat Fibre Market Forecast: Breakup by End-Use (USD Million), 2023-2028
12. South Korea Oat Fibre Market Structure

Companies Mentioned

  • Central Fiber Chemical Inc.
  • InterFiber Ltd.
  • SunOpta Ingredients Group

Methodology

Loading
LOADING...

Table Information