The Latin America, Middle East and Africa Gluten-free Oats Market would witness market growth of 10.0% CAGR during the forecast period (2023-2029).
Gluten-free oats, abundant in essential vitamins, minerals, fiber, and plant antioxidants, significantly contribute to the market's expansion by being used in morning cereals, baked goods, and snacks. Additionally, those who want to lose weight prefer gluten-free oats due to their low-calorie content and glycaemic index. Market players also strive to produce fresh iterations and a diverse range of products to meet the growing demand.
Most celiac patients, including children, consume oats, and the gluten-free diet is regarded as a staple in various European nations. Higher-quality oats’ varieties with a long history of oat cultivation are grown by farmers for food use. Avenues thrive in challenging conditions and don't need pesticides or fertilizers to flourish during the growing season. As a result, oats have a fairly small carbon footprint overall. Additionally, compared to other countries, these countries have better air quality and are involved in oats cultivation. Additionally, this spotless setting contributes to the safety of gluten-free oats. As a result, the market is expanding, especially in these places.
In Brazil, oats are being consumed at a higher rate due to the rapidly expanding number of people concerned about maintaining healthy diets. With the continuation of this trend, oats are expected to become an essential part of the Brazilian diet. The expansion of oat production in Brazil, which was at first an independent undertaking, has been fostered by exchanges between the agricultural industry, academic institutions, and private enterprises. The outcomes of these interactions have proven to be quite successful, which has led to the production of oats and oat-based goods in Brazil that are of a higher grade. it is anticipated that the market will experience significant expansion in the region during the projected period.
The Brazil market dominated the LAMEA Gluten-free Oats Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $6,437.5 Thousands by 2029. The Argentina market is poised to grow at a CAGR of 10.6% during (2023 - 2029). Additionally, The UAE market would witness a CAGR of 9.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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