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Oat Proteins Market Size

  • Report ID: GMI7590
  • Published Date: Dec 2023
  • Report Format: PDF

Oat Proteins Market Size

Oat Proteins Market size was valued at USD 62.5 million in 2023 and is estimated to expand at 5.4% CAGR from 2024 to 2032. Increasing demand for plant-based protein sources, rising health consciousness, and growing vegan/vegetarian populations propel the market size.

 

Oat proteins' nutritional profile, suitability for various dietary needs, and versatility in food and beverage applications drive market growth. Additionally, their hypoallergenic nature and sustainability contribute to rising consumer preference, stimulating market expansion.

One notable pitfall in the oat protein market involves the potential limitations in functionality when compared to animal-based proteins. Oat proteins may face challenges in replicating certain functionalities, impacting their suitability for specific applications within the food and beverage industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of oat protein reached USD 62.5 million in 2023 and is set to cross USD 100.3 million by 2032, owing to increasing demand for plant-based protein sources, rising health consciousness, and growing vegan/vegetarian populations.

Protein concentrates segment accounted for USD 40.2 million in 2023, due to their versatility for usage in various applications like beverages, bakery, and snacks.

U.S. market share was worth USD 19 million in 2023, attributed to the increasing consumer preference for healthier, plant-based dietary options.

Tate & Lyle PLC, Cargill, Incorporated, Archer Daniels Midland Company, Roquette Fr

Oat Proteins Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 246
  • Countries covered: 21
  • Pages: 180
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