Market Overview:

The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD 8.56 billion by 2032, exhibiting a CAGR of 4.05% during the forecast period (2020-2032).

The increasing popularity of whole-grain foods due to their health advantages is expected to quickly grow the market, according to Fortune Business Insights. Their report, "Oats Market Size, Share & Industry Analysis, By Type (Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional Forecast, 2020 – 2032," shows that the market was worth USD 5.18 billion in 2019.

The Report Lists the Key Companies in the Oats Market:

• Quaker Oats Company (PepsiCo, Inc.) (New York, U.S.)
• Morning Foods Ltd. (Crewe, United Kingdom)
• The Kellogg Company (Michigan, U.S.)
• Richardson International Ltd. (Winnipeg, Canada)
• Bob’s Red Mill Natural Foods, Inc. (Oregon, U.S.)
• Avena Foods Ltd. (Regina, Canada)
• Glanbia, Plc. (Kilkenny, Ireland)
• The Ancient Grains, Co. (Kildare, Ireland)
• Aussee Oats Milling Pvt Ltd (Gampaha, Sri Lanka)
• Blue Lake Milling (SA, Australia)

REPORT COVERAGE

The oats market report provides an in-depth analysis of the industry, covering its size, growth, related sectors, recent mergers, key country regulations, and significant trends.

Source: https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199

Market Driver:

Significant Utilization in Animal Feed to Drive Market

Oats are becoming more popular in animal feed because they improve the feed's nutritional value. They have more fat, which gives animals more energy. Oats also aid digestion and have a balanced amino acid profile, making them good for many animals such as chickens, horses, and piglets. However, the market faces competition from other grains like wheat, barley, sorghum, and quinoa, which also offer similar nutritional benefits. Additionally, the high demand for barley, which is low in cholesterol and triglycerides, could impact the market's expansion.