DUBLIN--(BUSINESS WIRE)--The "Global Oat Milk Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
The global oat milk market is expected to reach US$2,049.482 million by 2026 growing at a substantial CAGR during the forecast period.
The market is driven by a significant shift of the consumers towards plant-based alternatives for a healthier lifestyle which has led to an increase in the demand for oat milk. This milk is made by soaking and blending steel-cut or rolled oats which is then strained by a cheesecloth to separate the milk from the oats. It is enriched by nutrients like calcium, potassium, iron and vitamins A and D as well.
The rapid pace of urbanization in the shopping industry has made the availability of the product easier for the consumers and has led to a substantial increase in the sale of oat milk over the years. Oat milk is now available at a number of online stores and at multiple hyper and super markets as well. It is now being used as a healthier alternative of dairy milk in multiple products like, tea, smoothies, coffees and other health related drinks.
The increasing popularity amongst consumers of oat milk is due to the nutritional value provided by the product as compared to dairy milk. Some other health benefits from oat milk which are expected to drive the market during the forecast period are that it improves heart health and is great for bones.
The milk consists of a appropriate amount of beta-glucans which is a soluble fiber and provides heart health benefits and thus is preferred by heart patients as it reduces blood cholesterol as well. According to a medical study, if a person drinks about 3 cups of 750 ml everyday for over 5 weeks, the blood cholesterol is expected to drop by 3%.
The advent of COVID-19 had a positive impact on the sales of oat milk across the globe. The disease effects multiple organs including heart and lungs. The patients recovering from the disease were advised to opt for oat milk as an everyday alternative to dairy milk due to which the demand of oat milk witnessed a rapid increase.
The number of individuals effected by the COVID-19 virus during the year 2020 increased at a rapid pace during the initial 8-10 months across several countries which further resulted into an increased demand for oat milk across the globe. The market is expected to grow at a similar growth rate during the forecast period, owing to a drastic shift of consumers towards healthier food alternatives to boost immunity against such diseases.
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Oat Milk market Analysis, by Product
5.1. Introduction
5.2. Plain
5.3. Flavoured
6. Oat Milk market Analysis, by Packaging form
6.1. Introduction
6.2. Carton
6.3. Bottle
7. Oat Milk market Analysis, by Source
7.1. Introduction
7.2. Organic
7.3. Conventional
8. Oat Milk market Analysis, by Geography
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
- Pacific Foods of Oregon, LLC
- Oatly AB
- Elmhurst Milked Direct LLC
- Califia Farms, LLC
- Thrive Market
- HAPPY PLANET FOODS.
- Danone SA
- PepsiCo, Inc.
- HP Hood LLC
For more information about this report visit https://www.researchandmarkets.com/r/41g7ng
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February 03, 2021 at 07:15PM
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Global Oat Milk Market Forecasts Report 2021-2026: Market is Expected to Reach $2.04 Billion - COVID-19 had a Positive Impact on Sales - ResearchAndMarkets.com - Business Wire
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