Published Date: 7-Jan-2021
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According to a new report Global Oat Milk Market, published by KBV research, The Global Oat Milk Market size is expected to reach $6.8 billion by 2026, rising at a market growth of 13.4% CAGR during the forecast period.
The conventional segment has the largest share of the market in 2019 and will continue to lead throughout the forecast period. Though, the organic source segment is likely to show the fastest growth due to the rise in disposable income levels and increasing consumer awareness regarding the health benefits of organic products.
The Beverages market dominated the Global Oat Milk Market by Application 2019. The food application segment is likely to show the high growth due to the product’s compatibility with confectionery and bakery items. Consumers are swiftly adopting oat milk products in diets to strengthen the immune system and reduce the risk of osteoporosis.
On the basis of regions, North America is expected to be the largest market of oat milk during the forecast period, with better growth opportunities. The market is driven by increasing consciousness towards the health benefits of oat milk. The Asia Pacific market is estimated to grow at a CAGR of 14.7% during (2020 - 2026). Additionally, the Europe market would showcase a CAGR of 13% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/oat-milk-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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).
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