Oat Milk Market Insights
According to MRFR analysis, the global oat milk market is expected to register a CAGR of 7.20% from 2023 to 2030 and hold a value of over USD 7.8 billion by 2030.
The Global Oat Milk Market refers to the worldwide demand and supply of oat milk, a non-dairy milk alternative made from oats. The market includes all the producers, manufacturers, distributors, and retailers involved in the production and sale of oat milk products, including packaged and ready-to-drink beverages, as well as various other oat milk-based products. The market is driven by factors such as increasing consumer demand for plant-based and non-dairy alternatives, concerns over animal welfare and environmental sustainability, and the health benefits associated with oat milk consumption.
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The COVID-19 pandemic has increased consumer interest in plant-based and non-dairy alternatives as more people seek to improve their health and well-being. The pandemic has highlighted the importance of environmental sustainability and animal welfare, leading to an increase in demand for oat milk and other plant-based products.
Regional Analysis
The largest region of the Global Oat Milk Market is North America. The region has experienced significant growth in the demand for oat milk in recent years, driven by factors such as the increasing popularity of plant-based diets, rising awareness of the health benefits of oat milk, and concerns over animal welfare and environmental sustainability.
Europe is also a significant region in the global oat milk market, with countries such as Sweden, the United Kingdom, and Germany being major consumers of oat milk. The region has a well-established market for plant-based and non-dairy alternatives, and there is a growing trend towards sustainable and environmentally friendly products, which is driving the demand for oat milk.
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Market Segmentation
The global oat milk market has been segmented into type, packaging and end-uses.
Based on the type, the market has been segmented into plain and flavored.
Based on the packaging, the market has been segmented into cartons and bottles.
Based on the end-uses, the market has been segmented into store and non-store based.
Key Players
Some of the key market players are:
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