Oat Milk Market Size Worth $6.45 Billion By 2028 | CAGR: 14.2%: Grand View Research, Inc.

Read 150 page market research report, "Oat Milk Market Size, Share & Trends Analysis Report By Source (Organic, Conventional), By Product (Plain, Flavored), By Packaging (Cartons, Bottle), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2028", published by Grand View Research. Read 150 page market research report, " Oat Milk Market Size, Share & Trends Analysis Report By Source (Organic, Conventional), By Product (Plain, Flavored), By Packaging (Cartons, Bottle), By...

Read 150 page market research report, "Oat Milk Market Size, Share & Trends Analysis Report By Source (Organic, Conventional), By Product (Plain, Flavored), By Packaging (Cartons, Bottle), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2028", published by Grand View Research.

In the buoyant plant-based milk space, the demand for oat milk is increasing owing to oats being more sustainable than their counterparts such as almonds, soy, and coconut. Furthermore, the neutral flavor of oat milk and health credentials such as high prebiotic fiber in the product are factors attracting customers towards the consumption of oat milk. Consumers are considering health to be of paramount importance and are shelling out more money on products that offer health benefits along with contributing towards environmental protection, thus benefitting the market growth. Additionally, the mass adoption of vegan and similar diets owing to moral concerns is expected to benefit the growth of the market.

The market will continue to be driven by an increase in milk allergies and lactose-intolerant consumers. With an increasing number of people who suffer from lactose intolerance, beverage manufacturers such as The Coca-Cola Company are also increasingly introducing new oat milk variants to appeal to their respective consumers, further driving oat milk sales. The sale of oat milk through supermarkets and hypermarkets is increasing on account of the visibility for differentiating and understanding the labels of products. Additionally, high penetration of these stores in countries of North America and Europe has contributed towards increased sales of oat milk in these regions.

Market Segmentation:

Grand View Research has segmented the global oat milk market on the basis of source, product, packaging, distribution channel, and region:

List of Key Players of Oat Milk Market

Check out more studies from Grand View Research's market report portfolio on the Global Nutraceuticals & Functional Foods Industry:

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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