Oat-Based Beverage Market Is Likely to Experience a Tremendous Growth by 2031

 Global oat-based beverage market is anticipated to grow at a CAGR of 8.3% during the forecast period (2024-2031). The growing demand for dairy product alternatives mainly among lactose intolerant people is driving the global oat-based beverages market. According to the data of Our World in Data organization, in the UK, surveys suggest one-quarter of adults now drink some non-dairy milk (although not always exclusively) in 2022. It’s even more popular in younger demographics with one-third of 16 to 23-year-olds opting for them. The demand for healthier and more environmentally friendly beverage options has led to a notable surge in the oat-based beverage business in recent years. The supply chain is under tremendous pressure due to the rising demand for oat beverages. For long-term commercial stability, companies are discovering sustainable strategies to boost oat output while maintaining quality and cost. Oat prices are expected to fluctuate as a result of these production-related problems, making it difficult for manufacturers to combine production costs with competitive consumer prices.

Recent developments in the global market

·        In April 2024, Estonian oat milk brand YOOK capitalizes on the pureness, nutritional value, and superior taste of its products to break into the Asian and Middle Eastern markets. After more than a year of development, YOOK was launched in the Baltic states, namely Estonia, Latvia, and Lithuania, in February. 

·        In January 2024, Oatly launched two new oat milk varieties. Marking the company’s first major innovations to its core North American beverage portfolio in five years. Both products are formulated to check different nutritional boxes while still delivering the same delicious Oatly taste consumers know and love. Designed to enhance smoothies, coffee, cereals, recipes, and more, Unsweetened and Super Basic join a portfolio of Oatly’s fan-favourite oat milk that includes the number one velocity oat milk SKU in the US1.

To Request a Sample of our Report on Oat-Based Beverage Market:  https://www.omrglobal.com/request-sample/oat-based-beverage-market

Market Coverage

•                 The market number available for – 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

•                 By Product Type

•                 By Specialty

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

Competitive Landscape- Oatly AB, Califia Farms, Alpro, Pacific Foods of Oregon LLC, and Quaker Oats Company among others.

 Oat-based Beverage Market Report Segment

By Product Type

•                 Plain/Original

•                 Flavored

By Specialty

•                 Gluten-Free

•                 Dairy-Alternative

•                 Heart-Healthy

A full Report of Oat-Based Beverage Market is Available @  https://www.omrglobal.com/industry-reports/oat-based-beverage-market

Oat-based Beverage Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Agrifoods International Cooperative Ltd.

•                 Betterbody Foods & Nutrition LLC

•                 Campbell Soup Company

•                 Danone SA

•                 Ecotone

•                 Elmhurst 1925, Inc.

•                 Green Grass Food Inc.

•                 Hälsa Foods Pvt. Ltd.

•                 Happy Planet Foods, Inc.

•                 Minor Figure

•                 Nature’s Path Foods, Inc.

•                 Pacific Foods of Oregon, LLC

•                 Pureharvest

•                 Quaker Oats Company (PepsiCo)

•                 Ripple Foods PBC

•                 Rude Health

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/oat-based-beverage-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

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