Some of the major companies active in oatmeal market are General Mills, Quaker Oats Company, Dr. McDougall’s Right Foods., Nestle, Bagrry’s India Ltd., Kellogg’s, Abbott Nutrition, McCann’s, ABF Grain Products Limited., Conagra Foods, and thinkThin among others. The major companies in the oatmeal market aim on the expansion of the business by various new tactics such as installing a new plant to elevate manufacturing capacity and also expanding the product line.
According to the analyst at Zion Market Research, the global oatmeal market was capitalized at almost USD 2.00 Billion in 2016 and is likely to reach almost USD 2.50 Billion by end of 2022, increasing at a CAGR of almost 4.0% from 2017 to 2022.
Developing Breakfast Industry To Boost The Global Oatmeal Market In The Forecast Period
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As per the analyst at Zion Market Research, oatmeal market is likely to show high gains in light of elevating breakfast sector paired with increasing preference for healthy meals and altering food habits all over the world. Shifting trend towards healthy breakfast products and “ready to eat” meals along with range of oatmeal obtainable in the market at lower costs is additionally likely to tower the demand for oatmeal market. In addition to this, increasing health awareness related to consumption of oatmeal is likely to push the growth of oatmeal market. On the other hand, the high price of oatmeal in comparison to other breakfast alternative might hinder the growth of oatmeal market in the years to come.
Nevertheless, oatmeal usage in emerging nations is increasing continuously. Hence, rising requirement from emerging nations is likely to open up new avenues for the oatmeal market in the years to come. Elevating R&D activities in the oatmeal market is also expected to boost the market growth. For example, in November 2017 a research claimed that eating oatmeal might assist you lose weight and lower the risk of diabetes & heart disease.
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Growing Urban Population And Altering Eating Habits To Result In Development Of Oatmeal Market In Asia Pacific In Years To Come
By topography, Europe created high demand for oatmeal market. This added for the biggest oatmeal market share of overall usage in 2016. North America was one more leading region in oatmeal market in 2016. The Asia Pacific oatmeal market is likely to develop at quickest growth rate in the years to come due to growing urban population and altering eating habits, leading to higher requirement for healthy food and development of oatmeal market. Some of the major products in oatmeal market include steel cut oats, whole oat grains, instant rolled oats, regular rolled oats, and others. Instant rolled oats sector is likely to develop at the uppermost CAGR in the years to come.
The global oatmeal market is segmented as follows:
- Whole Oat Grains
- Steel Cut Oats
- Regular Rolled Oats
- Instant Rolled Oats
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By Distribution Channel
- Convenience/Departmental Stores
- Specialty Stores
- Others (includes foodservice) distribution channel
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
This review is based on a report by Zion Market Research, titled “Oatmeal Market (Whole Oat Grains, Steel Cut Oats, Regular Rolled Oats, Instant Rolled Oats and Others) by Distribution Channel (Super/Hypermarket, Convenience/Departmental Stores, Specialty Stores and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022”- Report at http://www.zionmarketresearch.com/report/oatmeal-market
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