Industry Background:
Oat milk is plant-based milk that is made by blending rolled oats and water together then strained with a special cloth. It is packed full of fiber and plant-based protein, and it promotes a healthy digestive system. This type of milk is easily available in different flavors on various sales platforms like online sites and offline stores.This growth is primarily driven by Rising Demand for Plant-Based or Vegan Products
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Oatly (Sweden), Alpro (Belgium), Glebe Farm Foods (United Kingdom), Urban Platter (India), PLENISH (United Kingdom), Goodmylk (India), Bevry (India), Only Earth (Singapore), Nestle (Switzerland), Califia Farms (United States) and Banana Wave (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 30th November 2021, Banana-Flavored Oat Milk Leader Banana Wave Acquired by Canadian Alt Food Investor. Canadian investment outfit Eat Beyond has announced its intention to acquire Florida-based Banana Wave, a banana-flavored oat milk drink company. The acquisition will enable Banana Wave to expand further and will give Eat Beyond a stronger presence in the plant-based sector
On May 24, 2021, Bevry Launches “India’s First Oat Milk”, Inspired by Oatl. 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.The global oat milk market is fragmented due to the presence of several manufacturers at the global and regional levels. Companies offering unsweetened and original non–dairy products in the market. Players are investing in the launch of a new flavor. Companies are also participating in strategic activities like mergers & acquisitions to enhance their market presence.
Influencing Trend:
Increasing Popularity of Plant-Based Milk Leads to Increase Consumption of Oat Milk
Market Growth Drivers:
Rising Demand for Plant-Based or Vegan Products and Growing Need for Non-Dairy Source of Protein And Fiber
Challenges:
Lacking in Promotional Activities Constraining Oat Milk Market Value and Stiff Competition in Oat Milk Market
Restraints:
Presence of Several Low-quality Oat Milk Products in the Market in Lower Prices
Opportunities:
Increasing Number of Health Conscious People in The Country Creating Opportunities for Oat Milk Market and Wide Range of Oat Milk Leads Growth in Distribution and Supplier Markets B2B and B2C
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Oat Milk - Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Oat Milk - Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Oat Milk - players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Oat Milk - Study Sheds Light on
The Oat Milk - Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Oat Milk - industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Oat Milk - industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.