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Oat Milk Market Trends

  • Report ID: GMI4600
  • Published Date: Nov 2023
  • Report Format: PDF

Oat Milk Market Trends

An increasing emphasis on sustainability and environmental responsibility has been a major trend in the oat milk industry. The product is perceived as an eco-friendly alternative to traditional dairy, as oats require less water and land for cultivation. According to a study published by Our World in Data in 2022, the environmental footprint of dairy milk is the highest with the product ranking first in the maximum usage of resources (land use, freshwater use),GHG emission and eutrophication. Oat milk aligns with the sustainability preferences of consumers and the corporate commitments to reduce environmental footprints.
 

Further, the product has become a canvas for experimentation, with companies introducing an array of flavors, such as vanilla, chocolate, and barista blends, catering to diverse consumer preferences. It is being incorporated into various food products beyond beverages, including yogurt, ice cream, and creamers. The versatility of oat milk as a base ingredient is opening up new opportunities for product development and diversification in the plant-based milk sector.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of oat milk is estimated to record a CAGR of over 10.2% through 2032, favored by the shift toward plant-based and dairy-free diets.

The organic source segment is projected to witness gains over 10.5% through 2032, owing to the catching trend of healthy consumption and sustainability alongside increasing innovations.

North America holds a prominent position in the global oat milk market and is poised to record 9.5% CAGR through 2032, primarily driven by the shift toward plant-based diets and the popularity of dairy alternatives.

Danone, Oatly, Califia Farms, Silk, Happy Planet, Chobani, So Delicious Dairy Free, and Planet oat among others.

Oat Milk Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 9
  • Tables & Figures: 292
  • Countries covered: 20
  • Pages: 175
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