Oat Milk Market - By Type (Flavoured, Unflavoured), By Source (Organic, Conventional), By Packaging Form (Carton, Bottle Others), By Distribution Channel (Supermarket and Hypermarket, Convenience stores, Online, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030

Report Code: FBR 0600 Report Format: PDF + Excel

Oat Milk Market Overview:

Oat Milk Market reached a valuation of USD 25 million, and it is projected to grow at a CAGR of 15% during the forecast period from 2023 to 2030. By 2030, the market is anticipated to achieve a value of USD 75 million.

The market has experienced a remarkable surge in demand, emblematic of the broader shift towards sustainable and health-conscious dietary choices. Oat milk, a dairy milk substitute derived from oats, has captivated consumers with its nutritional benefits and environmentally friendly profile. As individuals increasingly prioritize wellness, oat milk's cholesterol-free composition and potential heart health advantages have positioned it as a favored option. 

The market landscape features a spectrum of players, with industry giants like Oatly, Califia Farms, and Silk leading the charge through product innovation and strategic expansion.

Oat milk's appeal transcends dietary preferences, finding favor among vegans, lactose-intolerant individuals, and culinary enthusiasts seeking a versatile ingredient for various recipes. 

The market's growth is underscored by its migration from niche health stores to mainstream supermarkets and coffee shops, enhancing accessibility and familiarity. 

Despite its ascent, the market confronts challenges related to supply chain stability and intensifying competition, necessitating ongoing ingenuity and differentiation.

Looking ahead, the market exhibits a promising trajectory. With consumers increasingly prioritizing sustainable, plant-based alternatives, oat milk is poised to maintain its upward momentum, reshaping the future of dairy alternatives and solidifying its status as a staple in modern dietary preferences.

Market Snapshot:

Oat Milk Market- Report Coverage:

The “Oat Milk Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Biochar Market.

AttributeSegment

By Type

  • Flavoured

  • Unflavoured

By Source

  • Organic

  • Conventional

By Packaging Form

  • Carton

  • Bottle

  • Others

By Distribution Channel

  • Supermarket and Hypermarket

  • Convenience Stores

  • Online

  • Others







By Geography

  • North America (U.S., Canada)

  • Europe (Germany, France, UK, Italy, Spain, Russia, and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)

  • Rest of the World (Middle East and Africa).


Oat Milk Market- Top Trends


Plant-Based Movement : The overarching trend towards plant-based diets is a major driver for oat milk's popularity. Consumers are seeking dairy alternatives that align with their ethical and environmental values, leading to a growing demand for oat milk as a cruelty-free and sustainable option.

Health and Wellness Focus : Oat milk's health benefits are a significant trend. It is often perceived as a healthier alternative to dairy milk due to its lower saturated fat content and potential heart health advantages. Manufacturers are responding by fortifying oat milk with additional nutrients like vitamins and minerals to enhance its nutritional profile.

Innovative Flavors and Varieties : Brands are continuously introducing new and creative flavors of oat milk to cater to diverse consumer preferences. Flavored oat milk options, such as vanilla, chocolate, and even savory variations, are gaining traction, expanding the range of choices for consumers.

Barista-Quality Oat Milk : Oat milk's texture and foaming capabilities have made it a favorite among baristas for specialty coffee drinks. The market is witnessing a surge in oat milk products specifically formulated for use in cafes and coffee shops, contributing to its popularity in the foodservice sector.

Sustainable Packaging : Consumers are increasingly concerned about the environmental impact of packaging. Brands are responding by adopting eco-friendly packaging solutions, such as recyclable or biodegradable materials, to appeal to environmentally conscious consumers.

DIY Oat Milk : As health-conscious individuals seek more control over their diets, the trend of making oat milk at home is on the rise. Online recipes and tutorials have empowered consumers to create their own oat milk, highlighting the desire for simplicity and customization.

Global Market Expansion : The popularity of oat milk is not confined to specific regions. The market is witnessing international growth as more consumers around the world adopt plant-based diets and seek out dairy alternatives, contributing to the global expansion of oat milk products.

Collaborations and Partnerships : Brands are collaborating with cafes, restaurants, and food companies to create co-branded products and menu items. These collaborations enhance brand visibility and offer consumers new ways to experience and enjoy oat milk.

Focus on Transparency : Consumers are increasingly interested in understanding the sourcing and production processes behind their food and beverages. Oat milk brands are responding by providing transparent information about their ingredient sourcing, production methods, and sustainability initiatives.

Functional Varieties : Oat milk is evolving beyond a simple milk substitute. Brands are introducing functional oat milk varieties, such as those fortified with probiotics, plant-based proteins, and other health-boosting ingredients, to cater to specific health needs.

Key Market Players: 

Players within the Oat Milk Market commonly employ strategic approaches such as introducing new products or services, obtaining approvals, securing patents, hosting events, making acquisitions, and fostering partnerships and collaborations. The top 10 companies in Oat Milk Market are listed below:
  1. Oatly
  2. Rise Brewing
  3. Thrive Market
  4. Happy Planet Foods
  5. Califia Farms
  6. The Coca-Cola Company
  7. Elmhurst
  8. Pacific Foods
  9. Danone
  10. HP Hood LLC
Scope of the Report: 

Report MetricDetails

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

15%

Market Size in 2030

$75 billion

Segments Covered

By Type, By Source, By Packaging form, By Distribution channel




Geographies Covered

  • North America: Including the United States, Canada, and Mexico.

  • Europe: Comprising Germany, France, the United Kingdom, Italy, Spain, Russia, and the rest of Europe.

  • Asia-Pacific: Encompassing China, Japan, South Korea, India, Australia, New Zealand, and the rest of Asia-Pacific.

  • South America: Incorporating Brazil, Argentina, Chile, Colombia, and the rest of South America.

  • Rest of the World: Consisting of the Middle East and Africa.



Key Market Players

  1. Oatly

  2. Rise Brewing

  3. Thrive Market

  4. Happy Planet Foods

  5. Califia Farms

  6. The Coca-Cola Company

  7. Elmhurst

  8. Pacific Foods

  9. Danone

  10. HP Hood LLC


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1. Oat Milk Market Overview
    1.1 Definitions and Scope
2. Oat Milk Market– Executive Summary
3. Oat Milk Market– Market Landscape
    3.1 Company Benchmarking – Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis – Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Oat Milk Market– Startup Company Scenario
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Oat Milk Market– Market Entry Scenario Premium 
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Oat Milk Market– Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter’s Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Oat Milk Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Oat Milk Market– By Type (Market Size - $Million/$Billion)
    8.2  Flavoured
        8.2.1 Market Trends by Region
        8.2.2 Market Share & Forecast by Region
    8.3 Unflavoured 
        8.3.1 Market Trends by Region
        8.3.2 Market Share & Forecast by Region
9. Oat Milk Market– By Source (Market Size - $Million/$Billion)
    9.2 Organic
        9.2.1 Market Trends by Region
        9.2.2 Market Share & Forecast by Region
    9.3 Conventional
        9.3.1 Market Trends by Region
        9.3.2 Market Share & Forecast by Region
10. Oat Milk Market– By packaging form (Market Size - $Million/$Billion)
    10.1 Carton 
        10.1.1 Market Trends by Region
        10.1.2 Market Share & Forecast by Region
    10.2 Bottle 
        10.2.1 Market Trends by Region
        10.2.2 Market Share & Forecast by Region
    10.3 Others 
        10.3.1 Market Trends by Region
        10.3.2 Market Share & Forecast by Region
11. Oat Milk Market– by Distribution Channel (Market Size - $Million/$Billion)
    11.1 Supermarket and Hypermarket
        11.1.1 Market Trends by Region
        11.1.2 Market Share & Forecast by Region
    11.2 Convenience stores 
        11.2.1 Market Trends by Region
        11.2.2 Market Share & Forecast by Region
    11.3 Online 
        11.3.1 Market Trends by Region
        11.3.2 Market Share & Forecast by Region
    11.4 Others 
        11.4.1 Market Trends by Region
        11.4.2 Market Share & Forecast by Region
12. Oat Milk Market– by Geography (Market Size - $Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 U.K.
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Rest of South America
    12.5 Rest of the World
        12.5.1 Middle East
        12.5.2 Africa
13. Oat Milk Market– Market Entropy
    13.1 New product launches
    13.2 M&A’s, collaborations, JVs and partnerships
14. Oat Milk Market– Industry Competition Landscape 
    14.1 Market Share Analysis
        14.1.1 Market Share by Technology – Key Companies
        14.1.2 Market Share by Country – Key Companies
        14.1.3 Market Share by Region – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Oat Milk Market– Key Company List by Country Premium 
16. Oat Milk Market– Company Analysis
    16.1 Oatly
    16.2 Rise Brewing
    16.3 Thrive Market
    16.4 Happy Planet Foods
    16.5 Califia Farms
    16.6 The Coca-Cola Company
    16.7 Elmhurst
    16.8 Pacific Foods
    16.9 Danone
    16.10 HP Hood LLC
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The Oat Milk Market is forecast to grow at xx% during the forecast period 2023-2030.

The Global Oat Milk Market size is estimated to be xx Billion in 2023 and is projected to reach xx billion by 2030.

The Top players in the Oat Milk Market are Oatly Rise Brewing, Thrive Market,Happy Planet Foods, Califia Farms, The Coca-Cola Company, Elmhurst, Pacific Foods, Danone, HP Hood LLC