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HomePress ReleaseEIN PresswireOat Milk Market Size Growing at 13.4% CAGR to Hit USD 995.3...

Oat Milk Market Size Growing at 13.4% CAGR to Hit USD 995.3 Mn by 2027


oat milk market

International Oat Milk Market generated $360.5 million in 2019, and is predicted to garner $995.3 million by 2027, rising at a CAGR of 13.4% from 2021 to 2027.

Development of vegan weight-reduction plan, variety in plant-based drinks, and prevalence of lactose intolerance and milk allergy drive the expansion of the worldwide oat milk market”

— Allied Market Analysis

PORTLAND, OREGON, UNITED STATES, August 7, 2023/EINPresswire.com/ — Allied Market Analysis revealed a report, titled, “Oat Milk Market by Supply (Natural and Typical), Taste (Plain and Flavored), Packaging Kind (Carton and Bottle), and Distribution Channel (Grocery store & Hypermarket, Grocery Retailer, On-line Retail, and Others): International Alternative Evaluation and Trade Forecast, 2021–2027.”

Obtain Pattern Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/7514

Main market gamers

Califia Farms, LLC
Hain Celestial (Dream)
Pacific Meals of Oregon, LLC. (Pacific meals)
Danone (Silk)
HP HOOD LLC. (Plant Oat)
Cereal Base Ceba AB (Oatly)
Elmhurst Milked Direct LLC
RISE Brewing Co.
Completely satisfied Planet Meals Inc.
Earths Personal Meals Firm

Purchase This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/9ab358125fb42b6b2437f2e224c56610

Covid-19 Situation

The demand for oat milk elevated in the course of the Covid-19 pandemic due to inclination of shoppers towards consolidating their immune techniques. The manufacturing actions have been hampered as factories have been closed due to lockdown.
Regardless of the rise in demand, there was an enormous supply-demand hole due to lockdown measures applied by governments of many international locations. The availability chain was disrupted. On-line platforms have been banned from delivering items and supermarkets have been closed in the course of the lockdown interval.
With governments lifting off lockdown restrictions, the manufacturing actions have been resumed, the availability chain has been restored, and grocery store shops have been opened. The availability-demand hole would chop down.

The standard section to keep its dominant share in the course of the forecast interval
Primarily based on supply, the standard section held the very best market share in 2019, accounting for greater than four-fifths of the whole share of the worldwide oat milk market, and is predicted to keep its dominant share in the course of the forecast interval. That is due to decrease costs compared to its counterpart and utilization for industrial oat milk manufacturing. Nonetheless, the natural section is predicted to witness the very best CAGR of 14.7% from 2021 to 2027, owing to surge in well being consciousness amongst shoppers, rise in client spending, and inclination towards non-GMO and pesticide-free grown supplies.

The grocery store & hypermarket section to keep its lead standing by 2027
Primarily based on distribution channel, the grocery store & hypermarket section contributed to the very best market share in 2019, accounting for almost two-fifths of the whole share of the worldwide oat milk market, and is projected to keep its management standing by 2027. That is due toincrease in visibility and engaging assortments of plant-based merchandise for shoppers and grocery store chains being probably the most visited retailer for purchasing groceries. Nonetheless, the net retail section is predicted to develop at the very best CAGR of 14.1% in the course of the forecast interval, owing toincreasein smartphone and web penetration, comfort & flexibility for shoppers, and desire by producers to attain new clients.

For Buy Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/7514

Asia-Pacific, adopted by North America, to develop at the quickest CAGR
Nonetheless, Asia-Pacific, adopted by North America, is estimated to manifest the quickest CAGR of 16.7% from 2021 to 2027, owing torapid enhance in demand and acceptance of plant-based meals & drinks with surge in client spending, large inhabitants base, and rise in well being consciousness. Nonetheless, Europe contributed to the very best share when it comes to income of the worldwide oat milk market, holding round two-fifths of the whole market share in 2019, and can proceed to dominate all through the forecast interval. That is due toa appreciable enhance in consumption of plant-based drinks, lactose illiberal inhabitants, and the pattern of veganism.

David Correa
Allied Analytics LLP
1 800-792-5285
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