Global Oat Milk Market Size, Share, Trends, Industry Growth by Source (Organic, Conventional), by Flavor (Plain, Flavored), by Packaging, by Application, and Forecast to 2027

Report ID: RC146470 | Report Format: PDF + Excel | Starting Price: 2520/- USD | Last Updated: June 22nd, 2023

The global oat milk market size is projected to grow at a significant CAGR of over 9% during the forecast period 2021 to 2027. The rising consumer shift towards plant-based milk around the world is a primary factor driving the market growth globally. The increasing incidence of dairy milk allergies and the health benefits associated with oat milk is further anticipated to boost the market growth. Moreover, the increasing manufacturer’s focus to provide various flavored milk with high nutritional value is expected to propel the market over the forecast period.

Market Drivers:

Plant-Based and Vegan Trends: The increasing adoption of plant-based and vegan lifestyles is a major driving factor for the oat milk market. Oat milk is derived from oats, making it a suitable alternative to traditional dairy milk for those who follow plant-based diets or have lactose intolerance. The rising awareness of the environmental impact of animal agriculture and the ethical considerations associated with dairy products have fueled the demand for oat milk.

Health and Wellness Consciousness: Consumers are increasingly seeking healthier beverage options, and oat milk fits into this trend. Oat milk is often perceived as a nutritious choice due to its high fiber content, lower saturated fat compared to dairy milk, and the presence of essential nutrients such as vitamins and minerals. The perception of oat milk as a healthier alternative to dairy has driven its market demand.

Allergen-Free and Dairy Sensitivities: Oat milk is free from common allergens like lactose, nuts, and soy, making it suitable for individuals with allergies or sensitivities to these ingredients. As awareness of food allergies and intolerances increases, more consumers are turning to oat milk as a safe and convenient dairy alternative.

Sustainable and Environmentally Friendly: Oat milk is often considered more sustainable and environmentally friendly compared to dairy milk. Oats require less water and land resources to cultivate compared to dairy farming, reducing the carbon footprint associated with milk production. The sustainable aspect of oat milk resonates with eco-conscious consumers who prioritize products with a lower environmental impact.

Taste and Versatility: Oat milk has a creamy and slightly sweet taste, making it an appealing option for consumers looking for a dairy-like experience. It is also versatile and can be used as a substitute for dairy milk in various applications, such as coffee, tea, smoothies, baking, and cooking. The taste profile and versatility of oat milk have contributed to its market growth.

Marketing and Availability: Increased marketing efforts by oat milk brands and manufacturers have played a crucial role in driving consumer awareness and demand. Companies have invested in advertising campaigns, influencer marketing, and shelf presence to promote oat milk as a desirable alternative to dairy milk. Additionally, the availability of oat milk in various retail outlets and cafes has made it more accessible to consumers, further boosting its market growth.

Innovation and Product Development: Oat milk has seen significant innovation and product development in recent years. Manufacturers have introduced flavored varieties, such as vanilla or chocolate oat milk, to cater to different taste preferences. Additionally, the development of barista-friendly oat milk with frothing capabilities has expanded its usage in coffee shops and increased its appeal to coffee enthusiasts.

Market Outlook:

Benchmark Year 2022
Market Size lock
Market Growth (CAGR) > 9% (2023 to 2030)
Largest Market Share lock
Analysis Period 2020-2030
Market Players Pacific Food, Nestle SA, Danone SA, PepsiCo, and SunOpta Inc.

Market Insights:

The global oat milk market is bifurcated into source, flavor, packaging, application, and geography. On the basis of source, the market is further classified into organic and conventional sources. The conventional source segment dominated the global market in 2020 and accounted to hold the largest market share over two-third percent of the market. On the other hand, the organic source segment is estimated to grow at the highest CAGR over the forecast period. The increasing consumer inclination toward organic food products and health benefits associated with organic products is anticipated to boost the segment growth over the forecast period.

On the basis of packaging, the segment is bifurcated into cartons, bottles, and others. the cartons segment dominated the global oat milk market in 202 and estimated to hold the largest revenue share of around half of the market. The increasing demand for extending shelf life and high-quality tetra packs are some major factors to drive the segment growth. Furthermore, the growing adoption of tetra packs is anticipated to boost the segment growth over the forecast period. Easy handling, lightweight, easily recyclable, and refrigeration compatibility are some other factors to drive the segment growth.

Oat Milk Market Growth

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The oat milk comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The oat milk market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Market Segmentation:

By Source:

  • Organic
  • Conventional

By Flavor:

  • Plain
  • Flavored

By Packaging:

  • Cartons
  • Bottles
  • Others

By Application:

  • Food
  • Beverages

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the oat milk market report comprises dedicated sections centering on the regional market revenue and trends. The oat milk market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The oat milk market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Oat milk market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competition Assessment:

Some of the major market players operating in the global oat milk market are Pacific Food, Nestle SA, Danone SA, PepsiCo, and SunOpta Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Pacific Food
  • Nestle SA
  • Danone SA
  • PepsiCo
  • SunOpta Inc
  • Elmhurst Milked Direct LLC
  • Thrive Market
  • Califia Farms, LLC
  • Happy Planet Foods
  • Rise Brewing

Key Questions Answered by Oat Milk Market Report

  • Global oat milk market forecasts from 2021-2027
  • Regional oat milk market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Oat milk submarket forecasts from 2021-2027 covering the market by source, by flavor, by packaging, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the oat milk market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level oat milk markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the oat milk market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Oat Milk Market Portraiture
2.2. Global Oat Milk Market, by Source, 2020 (USD Mn)
2.3. Global Oat Milk Market, by Flavor, 2020 (USD Mn)
2.4. Global Oat Milk Market, by Packaging, 2020 (USD Mn)
2.5. Global Oat Milk Market, by Application, 2020 (USD Mn)
2.6. Global Oat Milk Market, by Geography, 2020 (USD Mn)

 

3. Global Oat Milk Market Analysis


3.1. Oat Milk Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Oat Milk Market By Source, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Organic
4.3. Conventional

 

5. Global Oat Milk Market By Flavor, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Plain
5.3. Flavored

 

6. Global Oat Milk Market By Packaging, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Cartons
6.3. Bottles
6.4. Others

 

7. Global Oat Milk Market By Application, 2018 – 2027 (USD Mn)


7.1. Overview
7.2. Food
7.3. Beverages

 

8. North America Oat Milk Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. North America Oat Milk Market by Source (2018-2027 USD Mn)
8.1.3. North America Oat Milk Market by Flavor (2018-2027 USD Mn)
8.1.4. North America Oat Milk Market by Packaging (2018-2027 USD Mn)
8.1.5. North America Oat Milk Market by Application (2018-2027 USD Mn)
8.1.6. North America Oat Milk Market by Country (2018-2027 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Oat Milk Market by Source (2018-2027 USD Mn)
8.1.6.1.2. U.S. Oat Milk Market by Flavor (2018-2027 USD Mn)
8.1.6.1.3. U.S. Oat Milk Market by Packaging (2018-2027 USD Mn)
8.1.6.1.4. U.S. Oat Milk Market by Application (2018-2027 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Oat Milk Market by Source (2018-2027 USD Mn)
8.1.6.2.2. Canada Oat Milk Market by Flavor (2018-2027 USD Mn)
8.1.6.2.3. Canada Oat Milk Market by Packaging (2018-2027 USD Mn)
8.1.6.2.4. Canada Oat Milk Market by Application (2018-2027 USD Mn)

 

9. Europe Oat Milk Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Europe Oat Milk Market by Source (2018-2027 USD Mn)
9.1.3. Europe Oat Milk Market by Flavor (2018-2027 USD Mn)
9.1.4. Europe Oat Milk Market by Packaging (2018-2027 USD Mn)
9.1.5. Europe Oat Milk Market by Application (2018-2027 USD Mn)
9.1.6. Europe Oat Milk Market by Country (2018-2027 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Oat Milk Market by Source (2018-2027 USD Mn)
9.1.6.1.2. Germany Oat Milk Market by Flavor (2018-2027 USD Mn)
9.1.6.1.3. Germany Oat Milk Market by Packaging (2018-2027 USD Mn)
9.1.6.1.4. Germany Oat Milk Market by Application (2018-2027 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Oat Milk Market by Source (2018-2027 USD Mn)
9.1.6.2.2. U.K. Oat Milk Market by Flavor (2018-2027 USD Mn)
9.1.6.2.3. U.K. Oat Milk Market by Packaging (2018-2027 USD Mn)
9.1.6.2.4. U.K. Oat Milk Market by Application (2018-2027 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Oat Milk Market by Source (2018-2027 USD Mn)
9.1.6.3.2. France Oat Milk Market by Flavor (2018-2027 USD Mn)
9.1.6.3.3. France Oat Milk Market by Packaging (2018-2027 USD Mn)
9.1.6.3.4. France Oat Milk Market by Application (2018-2027 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Oat Milk Market by Source (2018-2027 USD Mn)
9.1.6.4.2. Italy Oat Milk Market by Flavor (2018-2027 USD Mn)
9.1.6.4.3. Italy Oat Milk Market by Packaging (2018-2027 USD Mn)
9.1.6.4.4. Italy Oat Milk Market by Application (2018-2027 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Oat Milk Market by Source (2018-2027 USD Mn)
9.1.6.5.2. Rest of Europe Oat Milk Market by Flavor (2018-2027 USD Mn)
9.1.6.5.3. Rest of Europe Oat Milk Market by Packaging (2018-2027 USD Mn)
9.1.6.5.4. Rest of Europe Oat Milk Market by Application (2018-2027 USD Mn)

 

10. Asia Pacific Oat Milk Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Asia Pacific Oat Milk Market by Source (2018-2027 USD Mn)
10.1.3. Asia Pacific Oat Milk Market by Flavor (2018-2027 USD Mn)
10.1.4. Asia Pacific Oat Milk Market by Packaging (2018-2027 USD Mn)
10.1.5. Asia Pacific Oat Milk Market by Application (2018-2027 USD Mn)
10.1.6. Asia Pacific Oat Milk Market by Country (2018-2027 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Oat Milk Market by Source (2018-2027 USD Mn)
10.1.6.1.2. China Oat Milk Market by Flavor (2018-2027 USD Mn)
10.1.6.1.3. China Oat Milk Market by Packaging (2018-2027 USD Mn)
10.1.6.1.4. China Oat Milk Market by Application (2018-2027 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Oat Milk Market by Source (2018-2027 USD Mn)
10.1.6.2.2. Japan Oat Milk Market by Flavor (2018-2027 USD Mn)
10.1.6.2.3. Japan Oat Milk Market by Packaging (2018-2027 USD Mn)
10.1.6.2.4. Japan Oat Milk Market by Application (2018-2027 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Oat Milk Market by Source (2018-2027 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Oat Milk Market by Flavor (2018-2027 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Oat Milk Market by Packaging (2018-2027 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Oat Milk Market by Application (2018-2027 USD Mn)

 

11. Latin America (LATAM) Oat Milk Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. Latin America Oat Milk Market by Source (2018-2027 USD Mn)
11.1.3. Latin America Oat Milk Market by Flavor (2018-2027 USD Mn)
11.1.4. Latin America Oat Milk Market by Packaging (2018-2027 USD Mn)
11.1.5. Latin America Oat Milk Market by Application (2018-2027 USD Mn)
11.1.6. Latin America Oat Milk Market by Country (2018-2027 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Oat Milk Market by Source (2018-2027 USD Mn)
11.1.6.1.2. Brazil Oat Milk Market by Flavor (2018-2027 USD Mn)
11.1.6.1.3. Brazil Oat Milk Market by Packaging (2018-2027 USD Mn)
11.1.6.1.4. Brazil Oat Milk Market by Application (2018-2027 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Oat Milk Market by Source (2018-2027 USD Mn)
11.1.6.2.2. Mexico Oat Milk Market by Flavor (2018-2027 USD Mn)
11.1.6.2.3. Mexico Oat Milk Market by Packaging (2018-2027 USD Mn)
11.1.6.2.4. Mexico Oat Milk Market by Application (2018-2027 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Oat Milk Market by Source (2018-2027 USD Mn)
11.1.6.3.2. Rest of Latin America Oat Milk Market by Flavor (2018-2027 USD Mn)
11.1.6.3.3. Rest of Latin America Oat Milk Market by Packaging (2018-2027 USD Mn)
11.1.6.3.4. Rest of Latin America Oat Milk Market by Application (2018-2027 USD Mn)

 

12. Middle East and Africa Oat Milk Market Analysis and Forecast, 2018 – 2027 (USD Mn)


12.1.1. Overview
12.1.2. MEA Oat Milk Market by Source (2018-2027 USD Mn)
12.1.3. MEA Oat Milk Market by Flavor (2018-2027 USD Mn)
12.1.4. MEA Oat Milk Market by Packaging (2018-2027 USD Mn)
12.1.5. MEA Oat Milk Market by Application (2018-2027 USD Mn)
12.1.6. Middle East and Africa Oat Milk Market, by Country (2018-2027 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Oat Milk Market by Source (2018-2027 USD Mn)
12.1.6.1.2. GCC Oat Milk Market by Flavor (2018-2027 USD Mn)
12.1.6.1.3. GCC Oat Milk Market by Packaging (2018-2027 USD Mn)
12.1.6.1.4. GCC Oat Milk Market by Application (2018-2027 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Oat Milk Market by Source (2018-2027 USD Mn)
12.1.6.2.2. South Africa Oat Milk Market by Flavor (2018-2027 USD Mn)
12.1.6.2.3. South Africa Oat Milk Market by Packaging (2018-2027 USD Mn)
12.1.6.2.4. South Africa Oat Milk Market by Application (2018-2027 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Oat Milk Market by Source (2018-2027 USD Mn)
12.1.6.3.2. Rest of MEA Oat Milk Market by Flavor (2018-2027 USD Mn)
12.1.6.3.3. Rest of MEA Oat Milk Market by Packaging (2018-2027 USD Mn)
12.1.6.3.4. Rest of MEA Oat Milk Market by Application (2018-2027 USD Mn)

 

13. Company Profiles


13.1. Pacific Food
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Nestle SA
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Danone SA
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. PepsiCo
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. SunOpta Inc.
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Elmhurst Milked Direct LLC
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Thrive Market
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Califia Farms, LLC
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. Happy Planet Foods
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Rise Brewing
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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