Oats Market Outlook (2024 to 2034)

The global oats market is estimated to surpass USD 17,332.1 million by 2034. According to the analysis, the market is anticipated to clock a 6.6% CAGR until 2034. In 2024, the oats market size stands at USD 9,181,7 million.

Attribute Details
Oats Market Size, 2024 USD 9,181.7 million
Oats Market Size, 2034 USD 17,332.1 million
Value CAGR (2024 to 2034) 6.6%

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Key Market Highlights

Rising Demand for Premium and Health-focused Pet Food Creates Opportunities in the Market

Manufacturers of the pet nutrition industry satisfy increasing customer demand for high-quality, health-focused pet food by using oats in the pet nutrition industry. Pet owners are constantly seeking high-quality and nutritious food for their pets.

Oats have many nutritional benefits that help to pets' health attracting manufacturers to use oats in pet food. The trend toward personalized pet food products, where customers can choose the right product and flavor for their pet. These are the Significant factors driving the market growth.

Manufacturers Capitalize on the Growing Personalization Trends

The oats industry is strategically shifting toward product customization in response to customer demand for personalized nutritional experiences. Innovative producers are allowing customers to customize their oat-based products by adding distinct flavors, ingredients, and healthy boosters to their mixes.

By catering to individual tastes and dietary requirements, this tailored strategy increases customer interaction and promotes brand loyalty. Executing this personalized product approach requires strong data analytics and direct consumer feedback systems, which will guarantee a smooth and customer-focused customization process.

Oats Begin to Make Inroads into the Beauty and Personal Care Industry

Benefiting from their calming and nourishing qualities, oats are becoming increasingly popular in the beauty and personal care sectors. Oat-based skincare products, such as scrubs, masks, and lotions, are popular among consumers looking for natural and plant-based components.

Working with producers of beauty products, funding studies that confirm oats' beneficial effects on dermatology, and launching targeted marketing campaigns that emphasize the all-natural and holistic qualities of oat-based beauty products are necessary to keep up with this trend.

To improve the market positioning of these oat-infused products, alliances with beauty and wellness merchants and certifications for sustainable and organic sourcing should be formed.

Historical Performance of the Oats Market (2019 to 2023) Vs. Forecast Outlook (2024 to 2034)

Attributes Details
Oats Market CAGR (2019 to 2023) 6.3%

The global Oats market increased at a CAGR of 6.3% from 2019 to 2023. For the next ten years (2024 to 2034), projections are that expenditure on Industry will rise at 6.6% CAGR.

Consumer awareness about healthy eating habits, wellness, and health is increasing. Oats are a good source of fiber and beta-glucan content, they are rich in antioxidants, vitamins, and minerals. Oats can give various health benefits with regular consumption, they can reduce cholesterol, and blud sugar levels, and improve insulin sensitivity.

Manufacturers are investing in innovation and the development of products. Product innovation and the health benefits of Oats are the prominent factors driving the market growth.

Oat-based snacks and quick breakfast alternatives are growing in popularity due to burgeoning consumer demand for ready-to-eat, convenient meals. The convenience food industry is experiencing growth due to the increasing demand for oat-based granola bars, cereals, and on-the-go snacks among busy consumers.

Consumers' awareness of celiac illness and gluten sensitivity and demand for gluten-free products are increased. Being gluten-free, oats are good choices for consumers. This is why more companies are making gluten-free oat products, and the market for these products is growing.

Selling products online and directly to customers is increasing. These help oat sellers to reach more people. Online shopping is important because it allows companies to interact with customers directly and learn important information, and market insights which is good for future direction.

There is an increasing trend where consumers want healthy and organic products. Clear nutrition information is significantly influencing consumer choices and attitudes, leading to an increase in the demand for oats. As people become more aware of the nutritional advantages of oats, this awareness is greatly aiding the growth of the oat market.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Oats Market Trends Analysis

Trends
  • Growth in the oats market is mostly driven by the trend of plant-based diets becoming more and more common.
  • The market for oats is growing beyond typical oat milk to include functional drinks. Examples of such innovations are oat-based energy drinks, wellness shots, and beverages with added protein.
  • Artisanal and premium oat products that prioritize quality, distinctive tastes, and small-batch production are rapidly expanding in the market.
  • A distinct trend is the renewed interest in local and historic oat grain varieties. Beyond the widely accessible variants, consumers are discovering and enjoying heritage and locally sourced oat kinds.
  • By expanding into culinary uses outside of the conventional breakfast sector, the oats industry is broadening the scope of its product line. Foodservice organizations and astute chefs are incorporating oats in various savory meals, such as stews, soups, and entrees.
Opportunities
  • Continued innovation in oat-based products, such as snacks, drinks, and desserts, opens up new market prospects.
  • The increasing demand for foods that improve health can be met by the development of functional and enriched oat products.
  • There are chances to bring oats to new and evolving regions where interest in their health advantages is still developing.
  • By providing personalized oat mixes, businesses can interact with customers directly, catering to their tastes and fostering a sense of brand loyalty.
  • Since e-commerce is growing, more firms have the chance to directly connect with a larger customer base and obtain important consumer information.
Challenges
  • Swift technical developments, such as the creation of synthetic or substitute plant-based proteins, can threaten conventional oat products if they start to win over customers.
  • The market can be impacted by sudden changes in customer preferences brought about by social or cultural reasons. For example, there can be a risk if a new eating fad takes focus away from oats.

Category-wise Insights

Rolled Oats Continue to Experience Unparalleled Demand

Segment Rolled Oats (Product Type)
Value Share (2024) 35.1%

Based on product type, the rolled oats segment holds 35.1% of market shares in 2024. This dominance is attributable to:

  • Rolled oats are popular in the market, with several well-known companies delivering high-grade products. The continual demand for rolled oats can be attributed to consumer's familiarity with their availability in grocery stores and online.
  • Because rolled oats contain beta-glucan, which can help decrease cholesterol levels, they are linked to heart-healthy effects. The heart-healthy qualities of rolled oats add to their appeal, as cardiovascular health is still an ongoing concern for several consumers.

Conventional Nature Oats Lead the Market

Segment Conventional (Nature)
Value Share (2024) 87.5%

Based on nature, the conventional segment holds 87.5% of market shares in 2024. The demand for conventional oats continues to rise due to the following factors:

  • Due to their versatility and compatibility with various food processing techniques, conventional oats are a common choice by food companies. They are found in various food items due in part to their suitability for large-scale industrial manufacture.
  • Conventional oats are popular across a wide spectrum of consumers, making them inclusive in the market. They are a flexible option that meets the wide range of demands of the general public since people with different dietary choices and constraints can use them.

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Country-wise Insights

Countries Value CAGR (2024 to 2034)
United States 4.9%
Germany 1.4%
United Kingdom 2.6%
Canada 7.2%
France 3.6%

Rise of Wellness Marketing Bolsters Growth in the United States

The demand for oats in the United States is predicted to surge at a 4.9% CAGR through 2034. A transition in retail channels toward wellness marketing drives industry development in the United States. Retailers are marketing oats as the foundation of a balanced and wholesome lifestyle by implementing holistic wellness branding methods.

This trend generates a favorable feedback loop that fosters market expansion by appealing to consumers' desires for holistic well-being. The growth is motivated by real-time data analytics providing sophisticated insight into customer preferences.

Market leaders use cutting-edge analytics techniques to obtain practical insights into changing customer preferences and habits. This data-driven methodology ensures flexibility in satisfying changing market demands by influencing focused product development and marketing tactics.

Growing Emphasis on Sustainable Sourcing Practices Nurtures Market in Germany

The sales of oats in Germany are projected to rise at a 1.4% CAGR through 2034. A focus on sustainable sourcing methods serves as the foundation for the expansion in Germany.

Leading companies in the industry are incorporating Environmental, Social, and Governance (ESG) concepts into their supply chains in a deliberate manner to conform to the firm demands of German customers for goods that are responsibly produced and have little or no environmental impact.

Companies in the market are deliberately modifying the range of products they sell to suit different German regions' tastes. Local oat varieties draw inspiration from regional culinary customs, let businesses connect with particular customer preferences, and foster market expansion by providing individualized and culturally appropriate products.

Rising Integration with Online Meal Kit Platforms Boosts Market Growth in the United Kingdom

The oats market growth in the United Kingdom is estimated at a 2.6% CAGR through 2034. Strategic partnerships with online meal kit providers help to expand the market. Embracing the convenience trend and the growth of e-commerce, oat manufacturers are incorporating their offerings into meal kit services. Companies use this synergistic method to expand their market reach and profit from evolving customer buying habits.

Oat companies that comply with renewable agriculture principles encourage market development. By adopting sustainable agricultural practices that prioritize biodiversity and soil health, firms improve their environmental credentials and satisfy the growing demand from British consumers for brands that uphold ecological responsibility.

Increasing Integration of Smart Agriculture Technologies Fuels Growth in Canada

The demand for oats in Canada is projected to surge at a 7.2% CAGR through 2034. The key drivers are:

  • The incorporation of smart agricultural technology is driving the growth of the oats market. Oat cultivators are implementing precision farming, Internet of Things sensors, and data analytics to maximize crop management. AgTech strategically improves resilience, productivity, and resource efficiency in changing agricultural conditions.
  • The cooperation between health insurance providers and oat manufacturers supports market expansion. Businesses are looking at joint ventures that provide oat consumption incentives as a component of wellness and health initiatives. Through these partnerships, oats are positioned as a proactive dietary option supporting better living and are in line with insurance-driven wellness efforts.

Growing Incorporation into Iconic Breakfast Traditions Spurs Oat Sales in France

The oats sales in France are anticipated to rise at a 3.6% CAGR through 2034. The key factors are:

  • The growth of the oat industry is fueled by the deliberate integration of oats into famous French breakfast customs. By highlighting oats as a wholesome and practical substitute for classic French breakfast fare, companies capitalize on the significance of breakfast as a pivotal meal in French everyday life.
  • Partnerships with health spas in areas like Provence help the oats market grow. Businesses purposefully include oats in health-conscious retreat meals, capitalizing on the French wellness tourism boom and fostering a positive relationship between oats and the idealistic way of life connected to Provencal wellness experiences.

Competitive Landscape

The oat market is characterized by a competitive environment in which well-known companies with vast distribution networks, such as Quaker, General Mills, and Kellogg, dominate. Agile startups prioritize innovation while emphasizing specialized oat, gluten-free, and organic products.

Strategic alliances, sustainability initiatives, and diversification into snacks and drinks are shaping competition. The interaction between market leaders and quick starters illustrates a dynamic market that adapts to changing customer trends and tastes.

Recent Developments

  • In October 2023, The Quaker Oats Co., a division of PepsiCo, Inc., launched Quaker Chewy Granola, its first breakfast cereal, under the Quaker Chewy brand. Quaker Chewy Granola comes in two flavors: strawberry and chocolate. It is composed entirely of whole grains, which contain rice crisps and granola clusters, among other components.
  • In February 2023, Saffola released a 'desi chatpata' variant of its Masala Oats dubbed "Karara Crunch." According to the manufacturer, it provides a mouthful of crunch with a combination of extra-crunchy pieces, crisp vegetables, and desi millets. According to a recent Mintel survey, 60% of Indian consumers snack twice daily, with 45% snacking to fulfill cravings.

Key Players in the Global Oats Market

  • Quaker Oats Company
  • General Mills
  • Kellogg Company
  • Nature's Path Foods
  • Bob's Red Mill Natural Foods
  • Post Holdings
  • Weetabix Limited
  • Grain Millers, Inc.
  • The Jordans & Ryvita Company
  • Nature's Best Ltd.

Global Oats Market Segmentation

By Product Type:

  • Oat Groats
  • Whole Oats
  • Steel Cut Oats
  • Rolled Oats
  • Oats Flour

By End Use:

  • Breakfast Cereals
  • Bakery Products
  • Snacks & Savories
  • Others

By Distribution Channel:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Retail
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Japan

Frequently Asked Questions

How Big is the Oats Market?

The oats market is valued at USD 9,181.7 million in 2024.

What is the Projected CAGR of the Oats Market?

The oats market size is estimated to increase at a 6.6% CAGR through 2034.

How Big Will be the Oats Market by 2034?

The oats market is anticipated to be worth USD 17,332.1 million by 2034.

Which is the Leading Product Type in the Oats Market?

Rolled oats witnesses high demand in the industry.

Which Country is Rising at a Higher CAGR in the Oats Market?

The oats market in Canada is predicted to rise at a 7.2% CAGR through 2034.

Table of Content
	1. Market Overview
	2. The Massive Impact of the Crisis
	3. Market Background
	4. Key Regulations
	5. Global Market Production and Trade Analysis
	6. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034
	7. Global Market - Pricing Analysis
	8. Global Market Demand (Size in USD Million) Analysis 2019 to 2023 and Forecast, 2024 to 2034
	9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
		9.1. Oat Groats
		9.2. Whole Oats
		9.3. Steel Cut Oats
		9.4. Rolled Oats
		9.5. Flour
	10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
		10.1. Breakfast Cereals
		10.2. Bakery Products
		10.3. Snacks & Savouries
		10.4. Others
	11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel
		11.1. Hypermarkets/Supermarkets
		11.2. Convenience Stores
		11.3. Online Retail
		11.4. Others
	12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
		12.1. North America
		12.2. Latin America
		12.3. Europe
		12.4. East Asia
		12.5. South Asia
		12.6. Oceania
		12.7. Middle East and Africa (MEA)
	13. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	14. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	15. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	17. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	18. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	19. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	20. Key Countries Bulk Ingredients Market Analysis 2019 to 2023 and Forecast 2024 to 2034
	21. Market Structure Analysis
	22. Competition Deep Dive (Tentative List)
		22.1. Nestle S.A.
		22.2. PepsiCo (Quaker Company)
		22.3. The Kellogg Company
		22.4. General Mills, Inc.
		22.5. Pioneer Foods Ltd.
		22.6. The Hain Celestial Group, Inc.
		22.7. Grain Millers, Inc.
		22.8. Marico Limited
		22.9. Post Holdings, Inc.
		22.10. Bob’s Red Mill Natural Foods, Inc.
		22.11. Richardson International Limited
		22.12. Bagrry's India Ltd.
		22.13. Nature’s Path Foods
		22.14. NOW Health Group, Inc.
		22.15. Helsinki Mills Ltd.
		22.16. Morning Foods Limited
		22.17. Avena Foods Limited
		22.18. Blue Lake Milling Pty Ltd.
	23. Assumptions and Acronyms Used
	24. Research Methodology
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