Asia Pacific Oat Milk Market By Source (Conventional and Organic), By Packaging (Carton, Bottle and Other Packaging), By Product (Flavored and Plain), By Application (Food and Beverages), By Country, Industry Analysis and Forecast, 2020 - 2026
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Oat Milk Market
The Asia Pacific Oat Milk Market would witness market growth of 14.7% CAGR during the forecast period (2020-2026). The demand for oat milk amplified during the pandemic owing to the consumers’ inclination toward boosting their immune systems. The manufacturing activities have been hindered as many factories shut-down due to lockdown. In spite of the surge in demand, there was a massive supply-demand gap because of the lockdown measures imposed by governments of numerous countries. Therefore, the supply chain was interrupted.
Online platforms were expelled from supplying goods and hypermarkets were closed throughout the lockdown period. The governments across the geographies are now relaxing lockdown restrictions, and hence, the manufacturing activities have been continued, the supply chain has been refurbished, and hypermarket stores have been unlocked. This has resulted in narrowing the supply-demand gap.
As people are more inclined towards chemical free diets, the demand for organic oat milk is increasing. Manufacturing companies are using packaging and branding tools to attract their customers.
Based on Source, the market is segmented into Conventional and Organic. Based on Packaging, the market is segmented into Carton, Bottle and Other Packaging. Based on Product, the market is segmented into Flavored and Plain. Based on Application, the market is segmented into Food and Beverages. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Hain Celestial Group, Inc., PepsiCo, Inc., Danone S.A., Campbell Soup Company (Pacific Food), Elmhurst 1925 (Elmhurst Milked, LLC), Califia Farms LP, Happy Planet Foods, Inc., Rise Brewing Co., Thrive Market, Inc. and Oatly AB (Cereal Base Ceba AB).
Scope of the Study
Market Segments Covered in the Report:
- Other Packaging
- South Korea
- Rest of Asia Pacific
- The Hain Celestial Group, Inc.
- PepsiCo, Inc.
- Danone S.A.
- Campbell Soup Company (Pacific Food)
- Elmhurst 1925 (Elmhurst Milked, LLC)
- Califia Farms LP
- Happy Planet Foods, Inc.
- Rise Brewing Co.
- Thrive Market, Inc.
- Oatly AB (Cereal Base Ceba AB)
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