Rolled Oats Market Forecast and CAGR
According to FACT.MR most recent analysis, the rolled oats market will experience rapid growth in 2021, with global revenues increasing by a significant margin year on year. According to a new FACT.MR forecast, rolled oats revenues will nearly double between 2021 and 2031. Rising demand for gluten-free foods among millennials drives industry growth.
Over the forecasting period, demand for antioxidants and the use of rolled oats for convenient and ready-to-eat packed foods will be supporting the market growth.
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Rolled Oats Market: key players
Some key manufacturers functioning the business in the rolled oats market, are
Bob’s Red Mill Natural Foods Inc.
Nestle S.A.
General Mills Inc.
Quaker Oats Company
Bagrry’s India Ltd
Post Holdings Inc.
Kellogg’s Company
Nature’s Path Foods Inc.
Edward Flahavan & Sons Ltd
W Jordan Cereals Ltd.
Federal Oats Mills Sdn.
Bhd and many others are some prominent brands operating in rolled oats market.
An Emerging lifestyle of Millennial Consumers
Over a period of time, consumer dieting practices are changing. They are continuously shifting towards healthy food practice. Changing lifestyle leads them to take nutritious and low-calorie food alternatives daily. Whereas the consumer’s busy and stressful living schedule is focusing on investing in healthy and easy-to-make foods.
Rolled oats are made from high-quality oat grains that are flat and irregularly round. These oats are commonly consumed in breakfast cereals or ready-to-cook cereals with milk, fruits, dry fruits, and so on. Rolled oats cooked faster than other oats types. It absorbs more water and gives a good texture to the food products.
Because of their health benefits, rolled oats are widely consumed by people all over the world. Rolled oats are high in dietary fiber, carbohydrates, protein, vitamins, minerals, and other nutrients. Rolled oats are used in granola bars, cookies, and other baked foods because of their nutritional benefits.
Along with healthiness, rolled oats are convenient to prepare. Rolled oats take less time to cook compare with other oats types such as steel-cut oats, whole oats, and others. As a result, rolled oats are in high demand in the market.
Furthermore, gym-savvy millennial consumers are obsessed with fitness and are constantly concerned about their body weight. As a result, they always emphasize low-fat, low-cholesterol diets. Rolled oats aid in the maintenance of healthy body weight. As a result, the changing trend in millennial diet practice will boost the rolled oats market over the forecast period.
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Rolled Oats: Market Segmentation
· Based Nature, the global rolled oats can be segmented as:
Organic
Conventional
· Based on Packaging, the global rolled oats can be segmented as:
Box
Packets
Others (Pouch, Can, etc.)
· Based on Distribution channel, the global rolled oats can be segmented as:
Hypermarkets / supermarkets
Specialty stores
Convenience stores
Grocery stores
Independent stores
Online retailing
· Based on the Region, the global rolled oats can be segmented as:
North America
U.S. and Canada
Latin America
Mexico, Brazil, Peru, Chile, and others
Western Europe
Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
Eastern Europe
Poland and Russia
Asia Pacific
China, India, Japan, ASEAN, Australia, and New Zealand
The Middle East and Africa
GCC, Southern Africa, and North Africa
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