Oats Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Global Oats Market: Snapshot
The global oats market is abounding with players of various sizes, big and small, both. To sustain their lead in the competition in such a jam-packed space, the players are seen thinking of items advertising different USPs. These product differentiation activities, coupled with initiatives, for example, mergers and acquisitions to develop cooperative energies is positively affecting the global oats market.
Going about as a noteworthy impetus in the global oats market is the wide range of products in the global market. Agile players are seen sustaining their items with new nutritious ingredients or adding different flavors to lure in more buyers. Their rigorous marketing and publicizing procedures are additionally looking good for deals in the global oats market.
Another motivation behind the market development is a result of the increasing awareness about healthy meals. Oats are filled with fibers and in this way stimulates the digestion process. As such, they likewise serve to cut down the amount of cholesterol in the blood. Expanding westernization of food propensities for individuals as a result of globalization that has prompted fr5ee trade between the countries of the world is additionally in charge of market development. Further, the flooding impact of the social media is likewise profiting the global oats market.
Principally the instant oats segment, which are basically oat steamed and folded into various flakes is boosting the global oats market at present. Their greatest USP is that they remain new for comparatively extended period of time and can be cooked more effectively than other types of oats.
Global Oats Market: Overview
Oats, a popular breakfast cereal, across the world, is high in nutrition quotient. It is comprised of high protein, starchy carbohydrates, minerals, dietary fibers, and vitamins. It is also a rich source of antioxidants and has 20 bioactive substances which have the ability to bulwark the body against heart disease, diabetes, cancer, and other chronic diseases.
Overall, the global oats market is teeming with players of different sizes – small and large. In order stay ahead of competition in such a crowded space, the players are seen coming up with products touting various USPs. Such product differentiation initiatives, alongside dealmaking activities such as mergers and acquisitions to build up synergies is having a positive impact on the global oats market.
Global Oats Market: Drivers and Restraints
Acting as a major catalyst in the global oats market is the availability of a range of products. Nimble players are seen fortifying their products with new healthy ingredients or adding various flavors to entice more consumers. Their aggressive marketing and advertising strategies are also boding well for sales in the global oats market.
Another reason why the market is seeing revenue growth is because of the rising awareness about healthy foods. Oats are rich in fibers and thus help in the process of digestion. In this manner, they also serve to bring down the level of cholesterol in the blood. Increasing westernization of food habits of people because of globalization that has led to free trade between the nations of the world is also responsible for market growth. Further, the surging influence of the social media is also benefitting the global oats market.
The global oats market growth is being supplemented by the usage of oats in different foods such as muesli, cookies, biscuits, and cakes. Oats also are used in the feed industry since they are easier to feed to animals than other grains. The high fiber content of oats and beta-glucans are perfect for the animal body.
Global Oats Market: Trends and Opportunities
The global oats market at present is being driven mainly by the segment of instant oats which are essentially oat groats steamed and rolled into different flakes. Their biggest USP is that they stay fresh for a long time and can be cooked more easily than other varieties of oats. They also have a soft, mushy texture. Apart from that, instant oats are also seeing their sales rise because of their usage in making cookies, muffins, and bread, among other things. Sensing an opportunity in it, manufacturers are also coming up with various flavours.
Global Oats Market: Regional Analysis
With respect to regions, the global oats market is segmented into North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Of them, North America currently leads the market powered primarily by the U.S. This is because of the rising demand for convenience food in the region and the high spending capacity of people. Besides, too much intake of junk foods leading to obesity in many people has also served to shift focus on healthier foods such as oats. In fact, the U.S. is one of the main importers of raw oats.
Going forward, Asia Pacific oats market is predicted to rise at a significant pace. This is because of the changing eating patterns owing to the increasingly hectic schedules of people and their greater disposable incomes.
Global Oats Market: Competitive Landscape
Prominent participants in the global oats market include Quaker Oats Company, Kellogg's, Bagrry's India Ltd., Nestle, Dr. McDougall's Right Foods., General Mills, and Abbott Nutrition.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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