The Asia Pacific Gluten-free Oats Market would witness market growth of 7.8% CAGR during the forecast period (2023-2029).
Food makers and merchants continuously enhance their product offers to meet the growing consumer demand for gluten-free options as awareness of them rises. Additionally, a wider variety of sizes and types of gluten-free oats are now offered to consumers, giving them more options and convenience. This has been made feasible by improving the procedures used for processing and testing oats to ensure they are free of gluten contamination and thus satisfy the tight guidelines of gluten-free diets.
Most of the population is deliberately switching to gluten-free diets as part of healthy lifestyle decisions in developed and emerging economies. The inclusion of these oats in breakfast cereals, baked goods, and snack foods has significantly fueled the expansion of the industry since they are high in vital vitamins, fiber, minerals, and antioxidant plant compounds. Additionally, because gluten-free oats have a low-calorie count and glycemic index, those looking to reduce weight favor them. The market participants also provide new varieties and develop a broad product range in response to the rising demand.
India's organic food business is currently a niche one, but it is anticipated to grow significantly in the upcoming years. In the upcoming years, demand for organic food will be projected to increase due to the rising instances of food adulteration. Due to the lucrative offers and increased market penetration of the platforms, the growth of the e-commerce industry also benefits businesses by helping them attract new customers. Companies are also opening tiny kiosks in large urban malls, accelerating the expansion of organic food products like gluten-free oats. it is projected that the demand for organic food and drinks in the region will increase the use of gluten-free oats and propel market expansion in APAC.
The China market dominated the Asia Pacific Gluten-free Oats Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $26,974.6 Thousands by 2029. The Japan market is anticipated to grow at a CAGR of 7.2% during (2023 - 2029). Additionally, The India market would witness a CAGR of 8.5% during (2023 - 2029).
Based on Product Type, the market is segmented into Rolled Oats, Instant Oats, and Steel-Cut Oats. Based on Flavor, the market is segmented into Unflavored, and Flavored. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Online Retail, Convenience Stores, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Gluten-free Oats Market is Projected to reach USD 334.4 Million by 2029, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bob’s Red Mill Natural Foods, Inc., General Mills, Inc., PepsiCo, Inc. (The Quaker Oats Company), Thrive Market, Inc., B&G Foods, Inc., Cargill, Incorporated, Glebe Farm Foods Limited, Bakery On Main, Purely Elizabeth, LLC, and Nature’s Path Foods, Inc.
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