Oatmeal Market Size Research Report
The GMI Research's latest analysis reveals that the Oatmeal
Market is slated to register a significant CAGR over the forecast period. This
is attributed to the growing preference for healthy meals, the rising demand
for convenience food, increasing urbanization, followed by the growing
disposable income, which has drastically changed the lifestyle of individuals.
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Oatmeal Market’s leading Manufacturers:
·
The Quaker Oats Company
·
Nature’s Path Foods, Inc.
·
Nestlé S.A
·
Kellogg Nop0o A Co.
·
General Mills, Inc.
·
Hamlyn’s Of Scotland
·
World Finer Foods, LLC
·
Weetabix Limited
·
Cargill, Inc.
·
Bagrry’s India Ltd
Oatmeal Market Dynamics (including market size,
share, trends, growth, forecast, and industry analysis)
Key
Drivers
The growing preference for healthy meals and the rising
demand for convenience food are the key drivers propelling the growth of the oatmeal
market size. The increasing urbanization, followed by the growing disposable
income, has drastically changed the lifestyle of individuals globally, which
will further boost the growth of the oatmeal market. Currently, the urban
population involves young people who are relatively more concerned about health
instead of older individuals. Additionally, people who prefer to follow
fitness-oriented lifestyle care regarding work-related stress, additional
health benefits, and the environment will further augment the growth of the
market. Consumers choose to have foods with additional health benefits to
handle health-related issues like heart diseases, obesity, and high
cholesterol. Oat is rich in nutrients, which makes it appropriate for
breakfast. It is a convenient meat, which can be prepared easily and quickly.
Numerous health benefits provided by oatmeal that include enhanced cholesterol
level, decreased blood sugar, minimizes the risk of asthma, weight management,
and relieving constipation will further stimulate the growth of the market. On
the other hand, the factor hindering the growth of the oatmeal market include
the availability of alternatives for oatmeal.
Product
Segment Drivers
Based on product, the market is segmented into steel cut
oats, whole oat groats, regular rolled oats, Scottish oats, instant oats, quick
rolled oats, and others. Instant oats is predicted to rise at a higher CAGR in
the coming years due to the strong demand for ready-to-eat food products.
Instant oats are cooked easily by adding hot milk or water and pre-cooked oats.
The easy consumption property of instant oats will further bolster the growth
of the market in the coming years.
Regional
Drivers
Based on the region, Asia-Pacific is predicted to rise at a
faster CAGR over the forecast period due to the fundamentally shifting food preference,
growing population, and increasing health awareness. On the other hand, North
America is anticipated to dominate the market in the coming years due to the
strong adoption of oatmeal by consumers in their daily routine.
Oatmeal Market Segmentation:
Segmentation
by Type:
·
Whole Oat Groats
·
Steel Cut Oats
·
Scottish Oats
·
Regular Rolled Oats
·
Quick Rolled Oats
·
Instant Oats
·
Others AC
Segmentation
by Distribution Channel:
·
Hypermarket & Supermarket
·
Specialty Retailers
·
Convenience Stores
·
Independent Retailers
·
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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