Brand Story
28 Sep 2022, 04:15 GMT+10
According to the recent FMI report, the demand for oat drinks is anticipated to cross USD 1435 Mn by 2032 and is expected to surge at a CAGR of 7.6% during the forecast period.
The oat drinks market is valued at US$ 690 Mn as of 2022. The demand for oat drinks is growing due to consumers' growing awareness of the health benefits of oat drinks. The doctors and nutritionists believe that consuming oat drinks would enrich our diet with protein, calcium and Vitamin D.
For people suffering from heart diseases like high levels of LDL and atherosclerosis, the consumption of oat milk is no less than a panacea as they have been effective in reducing LDL.
Additionally, manufacturers have also found that the presence of Vitamin B12 and riboflavin makes it an excellent way of treating dry skin and related conditions. This is expected to increase the sales of oat drinks during the forecast period.
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The demand for different flavours of oat beverages among consumers is another factor driving the market's growth. It is projected that the market expansion would speed up shortly due to the increasing promotion of oat beverages through various media channels.
From the insights provided by FMI analysts, it can be deduced that an increasing clamour for a healthy alternative for dairy based products, coupled with increasing health benefits of oat drinks and lots of other factors are expected to drive the oat drinks market.
Key Takeaways from the Oat Drinks Market Study:
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Competitive Scenario
The key players in the oat drinks market are adopting latest technological techniques to speed up the production process of oat drinks. Apart from that, they are also entering into meaningful collaborations to provide top-class products.
Some of the recent developments are:
Key Companies Profiled
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Oat Drinks Market by Category
By Flavour:
By Product Type:
By End Use Application:
By Nature:
By Format:
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Frequently Asked Questions
Check Some Related Report:
Oatmeal Market: Oatmeal market is expected to be worth US$5.3 Bn in 2022, and to increase at a CAGR of 6.8% over the forecast period, reaching US$10.8 Bn in 2032.
Oats Market: Oats market is estimated at USD 6.1 Bn in 2022 and is projected to reach USD 10.8 Bn by 2032, at a CAGR of 5.9% from 2022 to 2032.
Oat-based Snacks Market: Oat-based Snacks Market Analysis and Review 2018 - 2028 | Future Market Insights (FMI).
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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The post Huge Demand for Clean Label Products expected to Drive the Oat Drinks Market at a projected CAGR of 7.6% during 2022-2032: FMI Deciphers Main Strategies appeared first on Future Market Insights.
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