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Oat Proteins Market Trends

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

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Oat Proteins Market Trends

The oat proteins industry is witnessing notable trends driven by increased consumer preference for plant-based protein sources, particularly oats, owing to their nutritional value, sustainability, and hypoallergenic nature. As health consciousness grows, oat proteins find expanding applications in food, beverages, and supplements, catering to vegan, vegetarian, and health-oriented consumers. Additionally, innovation in product formulations and the integration of oat proteins into various food categories, including snacks, dairy alternatives, and baked goods, further fuel market growth.

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 Frères, Avebe, Oterra, Axiom Foods, Inc., Glanbia PLC, Givaudan SA, Kerry Group PLC, Emsland Group, Avena Foods Limited, BENEO GmbH, Pure Oats, and Crop Energies AG.