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Press Release:

Global Oat Milk Market to Grow at 13.72% During 2022-2027, Impelled by Rising Incidences of Lactose Intolerance

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Oat Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview 2022-2027:

The global oat milk market reached a value of US$ 495.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,062.6 Million by 2027, exhibiting a CAGR of 13.72% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Oat milk is a plant-based, vegan-friendly, lactose-free milk substitute made from oats. Its production process involves soaking, blending, and straining oats. This milk can be consumed in its raw form and as a natural sweetener with added flavorings, such as dates, vanilla, and cinnamon. It has a creamy texture, with the majority of the oats getting absorbed after blending and straining. Oat milk is a natural source of vitamin B, folate, manganese, zinc, thiamine, magnesium, phosphorus, and copper. Commercially available oat milk is fortified with some of the other nutrients, such as iron, potassium, riboflavin, calcium, fiber, and vitamins A and D. Its consumption is associated with numerous health benefits like lowering blood cholesterol and promoting bone health.

 

 
 

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Oat Milk Market Trends:

The rising inclination towards the consumption of oat milk as an ideal dairy milk substitute across the globe is one of the main factors driving the growth of the market. Other than the similar taste, oat milk is becoming popular due to its health profile and sustainability features. Moreover, manufacturers have started adopting innovative ways to extract oat milk to gain unique selling points and distinguish their products in domestic markets. Nowadays, market players are sourcing high-quality raw materials directly from farmers to make the end-product more cost-effective, which is positively impacting the market growth. Other factors, such as rising number of lactose-intolerant individuals and the availability of oat milk in convenient packaging solutions, are further creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global oat milk market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, product, packaging type, application and distribution channel.

Breakup by Source:

 

 
 

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  • Organic
  • Conventional
     

Breakup by Product:

  • Plain
  • Flavored
     

Breakup by Packaging Type:

  • Cartons
  • Bottles
  • Others
     

Breakup by Application:

  • Food
  • Beverages
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Grocery Stores
  • Online Stores
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Califia Farms LLC, Earth's Own Food Company Inc, Elmhurst Milked Direct LLC, Happy Planet Foods Inc., Oatly AB (Cereal Base Ceba AB), Pacific Foods of Oregon LLC (Campbell Soup Company), Planet Oat Oatmilk (HP Hood LLC.), RISE Brewing Co., The Hain Celestial Group Inc. and Thrive Market Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Source, Product, Packaging Type, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Califia Farms LLC, Earth's Own Food Company Inc, Elmhurst Milked Direct LLC, Happy Planet Foods Inc., Oatly AB (Cereal Base Ceba AB), Pacific Foods of Oregon LLC (Campbell Soup Company), Planet Oat Oatmilk (HP Hood LLC.), RISE Brewing Co., The Hain Celestial Group Inc. and Thrive Market Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Oat Milk Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Source
    6.1    Organic
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Conventional
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Product
    7.1    Plain
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Flavored
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Packaging Type
    8.1    Cartons
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Bottles
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    Food
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Beverages
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Distribution Channel
    10.1    Supermarkets and Hypermarkets
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Grocery Stores
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Online Stores
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Others
        10.4.1 Market Trends
        10.4.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Califia Farms LLC
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
        16.3.2    Earth's Own Food Company Inc.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
        16.3.3    Elmhurst Milked Direct LLC
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
        16.3.4    Happy Planet Foods Inc.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
        16.3.5    Oatly AB (Cereal Base Ceba AB)
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
        16.3.6    Pacific Foods of Oregon LLC (Campbell Soup Company)
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
        16.3.7    Planet Oat Oatmilk (HP Hood LLC.)
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
        16.3.8    RISE Brewing Co.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
        16.3.9    The Hain Celestial Group Inc.
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Thrive Market Inc.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Oat Milk Market: Major Drivers and Challenges
Figure 2: Global: Oat Milk Market: Sales Value (in Million US$), 2016-2021 
Figure 3: Global: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Oat Milk Market: Breakup by Source (in %), 2021
Figure 5: Global: Oat Milk Market: Breakup by Product (in %), 2021
Figure 6: Global: Oat Milk Market: Breakup by Packaging Type (in %), 2021
Figure 7: Global: Oat Milk Market: Breakup by Application (in %), 2021
Figure 8: Global: Oat Milk Market: Breakup by Distribution Channel (in %), 2021
Figure 9: Global: Oat Milk Market: Breakup by Region (in %), 2021
Figure 10: Global: Oat Milk (Organic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Oat Milk (Organic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Oat Milk (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Oat Milk (Conventional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Oat Milk (Plain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Oat Milk (Plain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Oat Milk (Flavored) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Oat Milk (Flavored) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Oat Milk (Cartons) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Oat Milk (Cartons) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Oat Milk (Bottles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Oat Milk (Bottles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Oat Milk (Other Packaging Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Oat Milk (Other Packaging Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Oat Milk (Food) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Oat Milk (Food) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Oat Milk (Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Oat Milk (Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Oat Milk (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Oat Milk (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Oat Milk (Grocery Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Oat Milk (Grocery Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Oat Milk (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Oat Milk (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Oat Milk (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Oat Milk (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Oat Milk Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Oat Milk Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Oat Milk Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Oat Milk Industry: SWOT Analysis
Figure 86: Global: Oat Milk Industry: Value Chain Analysis
Figure 87: Global: Oat Milk Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Oat Milk Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Oat Milk Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 3: Global: Oat Milk Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Oat Milk Market Forecast: Breakup by Packaging Type (in Million US$), 2022-2027
Table 5: Global: Oat Milk Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Oat Milk Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 7: Global: Oat Milk Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Oat Milk Market: Competitive Structure
Table 9: Global: Oat Milk Market: Key Players


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Key Questions Answered in This Report

The global oat milk market was valued at US$ 495.3 Million in 2021.

We expect the global oat milk market to exhibit a CAGR of 13.72% during 2022-2027.

The emerging trend of veganism, the growing consumer health consciousness, and the widespread
availability of oat milk in convenient packaging solutions, are primarily driving the global oat milk
market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
oat milk.

Based on the source, the global oat milk market can be segmented into organic and conventional.
Currently, conventional holds the majority of the total market share.

Based on the product, the global oat milk market has been segregated into plain and flavored, where
plain oat milk currently accounts for the largest market share.

Based on the packaging type, the global oat milk market can be categorized into cartons, bottles, and
others. Among these, cartons packaging currently exhibits a clear dominance in the market.

Based on the application, the global oat milk market has been bifurcated into food and beverages.
Currently, beverages hold the largest market share.

Based on the distribution channel, the global oat milk market can be divided into supermarkets and
hypermarkets, grocery stores, online stores, and others. Among these, supermarkets and hypermarkets
account for the majority of the global market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Europe currently dominates the global market.

Some of the major players in the global oat milk market include Califia Farms LLC, Earth's Own Food
Company Inc, Elmhurst Milked Direct LLC, Happy Planet Foods Inc., Oatly AB (Cereal Base Ceba AB),
Pacific Foods of Oregon LLC (Campbell Soup Company), Planet Oat Oatmilk (HP Hood LLC.), RISE Brewing
Co., The Hain Celestial Group Inc., and Thrive Market Inc.

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