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Global Oats Market to Reach 31.1 Million Tons by 2025.

Oats (also known as Avena Sativa) currently represent an important cereal crop which is predominantly grown in American and European countries, mainly Russia, Canada and the United States. They grow best in moderate climates and can be planted in autumn or spring.

Oats have today become a staple food in a number of countries on account of their numerous benefits. They are highly nutritious as they contain dietary fibre, beta-gluten, proteins, unsaturated fatty acids, vitamins, minerals and antioxidants. The consumption of oats is associated with various health benefits such as reduced risk of coronary artery disease and colorectal cancer, low levels of cholesterol, weight management and low blood sugar levels. They are currently used in a number of products such as muffins, granola bars, cookies, breads, biscuits, probiotic drinks, breakfast cereals, flakes, infant food and other baked goods. According to a new report by Expert Market Research, the global oats market reached a volume of 25.8 Million Tons in 2019 and is further expected to reach 31.1 Million Tons by 2025.

The production of oats witnessed fluctuations during 2015-2019 as a result of a significant fall in the acreage in the major producing countries. The market, however, recovered in the year 2013 on account of numerous forces. In line with the hectic lifestyles, a shift towards ready-to-eat food products has been witnessed. In addition, oats offer convenience as they can be easily and quickly prepared by anyone. This has significantly increased the global demand for oats in the past several years. Moreover, rising population, increasing disposable incomes, growing health consciousness among consumers along with a strong demand from emerging markets are some of the other factors that have facilitated the market growth.

                                                              global oats market

Key findings from the report:

  • The two-major end-uses of oats include feed use and food use. In 2019, feed represented the largest end-use segment with the majority of the market share.
  • Region-wise, Russia dominated the market with a share of more than a fifth of the total global production in 2019. It was followed by Canada and Australia.
  • Being fragmented in nature, the global oats market is surrounded by a number of players. Some of these players include Grain Millers Inc., The Quaker Oats Company, Swedish Oat Fiber AB, Avena Foods Limited, General Mills Inc., and Richardson International Limited.

Click here for the summary of report: https://www.expertmarketresearch.com/reports/oats-market

Expert Market Research has analysed the global oats market according to key application areas, major regions and top players:

Market breakup by End-use

  • Feed
  • Food

Market breakup by Region

  • Russia
  • Canada
  • Australia

Top players

  • Grain Millers Inc.
  • The Quaker Oats Company
  • Swedish Oat Fiber AB
  • Avena Foods Limited
  • General Mills Inc.
  • Richardson International Limited.

 

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Expert Market Research (EMR) is a leading market research and business intelligence companies, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and evergrowing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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