Global Oat Drinks Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Oat Drinks Market 2021 (Includes Business Impact of COVID-19)
Global Oat Drinks Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global oat drinks market report has been segmented as per product category, flavor, sales channel, and region.
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The global Oat Drinks market size was valued at USD$401.43 million in 2020 and is projected to reach USD $829.14 million by 2030, and is anticipated to expand at a CAGR of 7.50% over the forecast period from 2020 to 2030.


Global Oat Drinks Market: Overview


Oat drinks are a type of plant-based beverage and produced from whole groats or steel cut oats. The oat drinks also known as oat milk and are nutritional and healthy beverage type. Various flavor oat drinks such as natural, fruit, and others are easily available in the market across the globe. Many consumers preferred oat drinks due to various benefits associated with it such as maintain cholesterol levels, weight control, maintain digestive health, and others and also are and are the best alternative for various dairy products.


Global Oat Drinks Market: Dynamics


Increasing health consciousness among individuals and rising awareness about healthy beverages such as the various flavor of drinks are some key factors projected to boost growth of the global market during the forecast period. In addition, increasing preference for different flavored oat drinks such as chocolate, coffee, various fruit flavors, and others among individuals resulting in growing demand for oat drinks across the globe. This is major factor expected to fuel growth of the global oat drinks market during the forecast period.

Growing demand for oat drinks among cardiovascular disease and diabetes patients due to an increasing inclination towards healthy beverages is another factor driving growth of the target market. In addition, the increasing popularity of various breakfast cereal products among individuals resulting in rising demand for oat drinks across the globe is another major factor expected to propel growth of the global market. Furthermore, the rising number of oat drinks advertisement through various media channels by major key players across the globe is expected to proliferate growth of the global market in the upcoming years.

However, the availability of less raw material and a limited number of oat drinks manufacturers are key factors projected to hamper the growth of the global oat drinks market. In addition, the availability of substitutes in the market is a challenging factor that may affect growth of the target market to a certain extent.


Global Oat Drinks Market: Segment Analysis


Increasing preference for organic oat drinks among health-conscious consumers and the rising popularity of organic oat drinks across the globe due to increasing awareness about several benefits of organic oat drinks. These are primary factors driving the revenue growth of the organic segment among product category segment.


Global Oat Drinks Market: Region Analysis


The Asia Pacific oat drinks market accounted for the highest revenue share and is projected to dominate the target market over the forecast period. High awareness about various benefits of oat drinks such as weight control, heart health, and others among individuals and expanding beverage industry in countries such as India and China in this region. Market in North America is projected to register significant growth in the global market followed by Europe, owing to rising penetration of various flavors oat drinks such as strawberry, mango, orange, and others and rising adoption of oat drinks among individuals in countries such as US and Canada, Germany, France, and Italy in these region. The market in Latin America and Middle East & Africa are projected to witness moderate growth in terms of revenue, owing to the rising popularity of various healthy drinks among individuals and increasing penetration of oat drinks manufacturers in many countries in these regions.

Global Oat Drinks Market Segmentation:

Segmentation by Product Category:

  
Conventional
  
Organic

Segmentation by Flavor:

  
Natural
  
Chocolate
  
Vanilla
  
Strawberry
  
Others (Coffee, Mango, Orange, and Lemon)

Segmentation by Sales Channel:

  
Hypermarkets
  
Supermarkets
  
Convenience Stores
  
E-commerce


Key Market Players included in the report:


  
Alpro
  
Amandin Organic Products
  
Arla Foods amba
  
Califia Farms, LLC
  
Cereal Base Ceba AB (Oatly)
  
Chobani, LLC
  
Danone SA
  
Earths Own Food Company, Inc.
  
Elmhurst Milked Direct LLC
  
Happy Planet Foods
  
Isola bio s.r.l.
  
Juustoportti Food Oy
  
Kaslink Foods Oy Ltd
  
Lima Food SRL
  
Minor Figures
  
Mooala Brands, LLC
  
Natumi AG
  
Nestle SA
  
Oatly AB
  
Oatworks
  
Oishi
  
Otis Oat M!lk
  
Pacific Foods of Oregon, Inc.
  
Panos Brands LLC
  
Provitamil
  
Pureharvest
  
Quaker Oats
  
Rude Health Foods Ltd.
  
Sanitarium
  
SunOpta Inc
  
THE BRIDGE S.R.L
  
The Hain Celestial Group Inc.
  
Valsoia S.p.A.
  
Vitasoy International Holdings Limited


Below are the key development related to Oat Drinks Market in 2020 and 2021.


July 2021: Bevry Launches India’s First Oat Milk, Inspired by Oatly. Some plant milks, such as soy and rice, have been available in India for a while. But according to Bevry co-founder Pradeep Sanker, oat milk was absent from supermarket shelves — until recently. Taking inspiration from globally successful brand Oatly, Sanker and two others founded Bevry in 2019. The startup launched its first products last November after ten months of research and development. It claims to be the first Indian oat milk brand. Source

March 2021: Oat milk maker chooses Peterborough as home for major production hub creating 200 jobs Vegan milk giant Oatly has unveiled plans to build one of the world’s largest plant-based dairy factories in Peterborough. The oat milk maker is to open its first UK factory at Gateway Peterborough in a move that will create up to 200 jobs. The multi-million pound production centre will turn out 300 million litres of oat drinks and will have the capacity to increase its production to 450 million litres. Source

March 2021: Starbucks is launching a line of oat milk-based drinks nationwide as demand for dairy alternatives continues to rise. Starbucks Is Launching A Line Of Oat Milk-Based Drinks Nationwide As Demand For Dairy Alternatives Continues To Rise Starbucks is launching a line of oat milk-based drinks nationwide as demand for dairy alternatives continues to rise. Source

August 2020: Ireland’s Leading Oat Producer Flahavan’s Launches Three New Oat Milks. The family-owned oat company Flahavan’s just launched its first oat milk product line consisting of three new oat drinks. Source