The Oatmeal Market to 2027 sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Oatmeal market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.
The global oatmeal market at US$ 9.86 Bn in 2018 and is expected to grow at a CAGR of 4.2% during the forecast period 2019 – 2027, to account to US$ 14.08 Bn in 2027.
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Breakfast continues to remain one of the critical meal for daily nutritional and protein intake among adults as well as children. Moreover, the availability of multiple popular breakfast cereals brands from numerous regional and global players has facilitated high market competitiveness in the overall breakfast cereals market. Furthermore, the recent surge in consumer awareness has attributed to manufacturers focusing on the marketing of their breakfast cereal products with an emphasis on the nutritional value of the products. The high fiber and nutrient luxurious raw materials of oatmeal i.e., oats owing to their versatile benefits associated with lowering blood sugar, maintaining glucose levels, lowering cholesterol, and weight management among other benefits has contributed significantly in its popularity across breakfast cereals especially among adults recently. Despite the popularity of oatmeal across numerous European countries since past many decades, it has gained an unprecedented rise in penetration across global scale in the past few years. Thus, the versatile long term health benefits of oatmeal consumption are expected to be one of the major factor propelling the growth of the oatmeal market during the coming years.
Globally, the number of individuals opting for a healthier lifestyle gas gained major traction especially across leading urban and metro cities. Furthermore, the rise in popularity of vegan based and gluten free food products across developed economies in North America, Europe and Asia-Pacific has also attracted in substantial demand for numerous oats based food products and drinks. In addition, the growing number of health conscious individuals along with a significant increase in awareness of health benefits of oatmeal is also anticipated to propel the market growth during the coming years. Moreover, the availability of organic, gluten free, vegan and nutritionally rich oatmeal products has facilitated in significant penetration among young individuals across the emerging cities in developing economies.
The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.
The Oatmeal market is segmented based on Type, Form and Applications. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
Leading companies profiled in the report include:
- B&G Food, Inc. (McCann’s Irish Oatmeal)
- Bagrrys India Limited
- Grain Millers, Inc.
- Hamlyns of Scotland
- Kellogg Company
- Marico Limited
- Nature’s Path Foods, Inc.
- Nestlé S.A.
- The Quaker Oats Company
- Weetabix Limited
The report highlights key growth strategies adopted by these players of the Oatmeal industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The report answers the following key aspects:
- Oatmeal Market size and growth rate in the forecast period.
- Existing market trends.
- Factors driving Oatmeal market growth.
- Future opportunities in the Global Oatmeal Market.
- Market initiatives by the leading vendors.
- PEST analysis across five major regions.
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This post was originally published on The Picayune Current