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Oat Based Beverages Market Trends

Report ID: GMI3645
Published Date: Aug 2023
Report Format: PDF

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Oat Based beverages Market Trends

The global shift towards plant-based diets and veganism has led to a surge in demand for oat-based beverages as dairy milk alternatives. Consumers are increasingly seeking healthier beverage options. Oat-based beverages are valued for their nutritional content, including fiber, vitamins, and minerals. Oat-based beverages are being fortified with vitamins, minerals, and other functional ingredients to offer added health benefits.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of oat based beverages reached USD 728.7 million in 2022 and is set to cross USD 1524.3 million by 2023, due to the increasing adoption of plant-based diets among consumers worldwide.

The organic segment recorded USD 392.6 million in 2022, on account of growing demand for organic and non-GMO oat-based beverages.

U.S. market size was valued at USD 156.8 million in revenue in 2022, owing to rapid expansion of the e-commerce sector in the region.

Oatly AB, Califia Farms, Alpro, Quaker Oats Company (PepsiCo), Pacific Foods of Oregon, Hälsa Foods, Rude Health, Elmhurst 1925, Happy Planet Foods, Nature's Path Foods, Pureharvest, and Minor Figures, are some of the major oat based beverage companies worldwide.