The oat-based snacks market is estimated to develop at a CAGR of 5.29% to attain US$27.508 billion in 2028 from US$19.176 billion in 2021.
— Data Sourcing Intelligence
NOIDA, UTTAR PRADESH, INDIA, October 20, 2023 /EINPresswire.com/ — In accordance to a new examine revealed by Data Sourcing Intelligence, the oat-based snacks market is projected to develop at a CAGR of 5.29% between 2021 and 2028 to attain US$27.508 billion by 2028.
The prime components propelling the oat-based snacks market progress are growing consciousness of the well being advantages of oats, rising recognition of plant-based diets, rising demand for wholesome snacks, and comfort and shelf stability.
Oats are a wholesome meals that provides a number of well being advantages, together with lowering ldl cholesterol, bettering blood sugar management, and selling coronary heart well being. As folks develop into extra conscious of the well being advantages of oats, they’re extra seemingly to select oat-based snacks. The businesses provide a big selection of oat-based snacks, together with bars, cookies, crackers, and cereal. Additionally they provide a selection of flavors and textures to enchantment to a big selection of customers.
The oat-based snacks market is aggressive, however there may be room for brand new entrants. Corporations that may provide progressive and wholesome oat-based snacks are well-positioned for fulfillment on this rising market.
The market is witnessing a number of collaborations and technological developments, as an example, in July 2022, Tata Shopper Merchandise (TCP), a main FMCG firm in India, has expanded its Tata Soulfull portfolio with the launch of Tata Soulfull Masala Oats. This new product is made with the goodness of wholegrain oats, conventional Indian millets, desi masalas, and actual greens.
Entry pattern report or view particulars: https://www.knowledge-sourcing.com/report/oat-based-snacks-market
Primarily based on product kind the worldwide oat-based snacks market is split into snack bars, puffs, cookies, crackers, and toasties. The snack bar phase is anticipated to have the very best progress within the international oat-based snacks market within the coming years. The comfort of snack bars makes them a standard alternative for busy customers. Snack bars will be fortified with a selection of vitamins, together with protein, fiber, and nutritional vitamins. Snack bars can be found in a selection of flavors and textures to enchantment to a big selection of customers.
Primarily based on distribution channels the worldwide oat-based snacks market is split into hypermarkets and supermarkets, comfort shops, specialist shops, and on-line shops. The web retailer distribution channel is anticipated to have the very best progress within the international oat-based snacks market within the coming years. On-line shops provide a wider choice of oat-based snacks than conventional brick-and-mortar shops. Customers can discover oat-based snacks from a selection of manufacturers and in a selection of flavors and textures.
Primarily based on Geography, North America is anticipated to seize a important share of the worldwide oat-based snacks market. Folks in North America have gotten more and more excited by maintaining a healthy diet snacks, and oat-based snacks are a good possibility for people who find themselves on the lookout for a wholesome snack. Oats are a wholesome meals that provides a number of well being advantages, together with lowering ldl cholesterol, bettering blood sugar management, and selling coronary heart well being. As folks develop into extra conscious of the well being advantages of oats, they’re extra seemingly to select oat-based snacks.
As a half of the report, the most important gamers working within the oat-based snacks market, which were lined are Common Mills Inc., Kellogg NA Co., Nairn’s Oatcakes, PepsiCo, Inc., Abbott Laboratories, Merely Scrumptious, Inc., Britannia Industries Restricted, Honey Monster, Pamela Merchandise, Inc.
The market analytics report segments the oat-based snacks market on the next foundation:
• BY PRODUCT TYPE
o Snack Bars
o Puffs
o Cookies
o Crackers and Toasties
• BY DISTRIBUTION CHANNEL
o Hypermarkets and Supermarkets
o Comfort shops
o Specialist shops
o On-line shops
o Others
• BY GEOGRAPHY
o North America
• United States
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• United Kingdom
• Germany
• France
• Spain
• Others
o Center East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
o Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others
Corporations Profiled:
• Common Mills Inc.
• Kellogg NA Co.
• Nairn’s Oatcakes
• PepsiCo, Inc.
• Abbott Laboratories
• Merely Scrumptious, Inc.
• Britannia Industries Restricted
• Honey Monster
• Pamela Merchandise, Inc.
Discover Extra Stories:
• Oat Milk Market: https://www.knowledge-sourcing.com/report/oat-milk-market
• World Savory Snacks Market: https://www.knowledge-sourcing.com/report/global-savory-snacks-market
• World Cheese Snacks Market: https://www.knowledge-sourcing.com/report/global-cheese-snacks-market
Ankit Mishra
Data Sourcing Intelligence
+1 850-250-1698
data@knowledge-sourcing.com
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Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
