Asia Pacific Oats Market
Market Introduction
Oats is a cereal crop widely consumed in the form of flakes, oatmeal, and groats in various application industries. Oats (Avena sativa) are high in several dietary fiber components, such as mixed-linkage (1→3), (1→4)-β-D-glucan arabinoxylans, and cellulose. Oats are made of protein, minerals, vitamins, dietary fiber, and carbohydrates. They are also high in antioxidants, which assist in protecting the body from chronic diseases, such as diabetes, cardiovascular disease, and cancer. The increasing awareness of the numerous benefits of consuming oats is prompting manufacturers to incorporate oats into various uses, including food & beverages, animal feed, cosmetics, and others.
The growth of the Asia Pacific oats market is fueled by determinants such as the wide application scope of oats and the health benefits associated with the consumption of oats. The market is expected to emerge lucrative during the upcoming years owing to the surging demand for gluten-free and organic oats, along with its rising demand in the personal care industry. However, the availability of substitutes for oat is hampering the growth of the market.
The COVID-19 pandemic is anticipated to cause a significant economic loss in Asia-Pacific. The consequence and impact can be even worse, and they totally depend on the spread of the virus. The Asian economies have been hit hard due to the pandemic. Currently, India has recorded the highest number of cases as well as the emergence of new COVID-19 waves in India, Thailand, and other Asian economies have prolonged the effect of pandemics upon the food and beverage industries. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia-Pacific.
Strategic insights for the Asia Pacific Oats provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Oats refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Report Attribute
Details
Market size in 2021
US$ 1,669.37 Million
Market Size by 2028
US$ 2,265.29 Million
Global CAGR (2021 - 2028)
4.5%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Process
By Category
By Nature
By Form
By Application
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
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Market Overview and Dynamics
The Asia Pacific Oats market in the Asia Pacific is expected to grow from US$ 1,669.37 million in 2021 to US$ 2,265.29Million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Oats are increasingly being used as a replacement for high-energy cereals, such as barley and corn, which has established the animal feed industry as a key end-user. Oats can also be found in a wide range of food & beverages, including extruded breakfast cereals and snacks, instant powders, dry soups and sauces, ready-to-drink beverages, bread, cakes, crispbread, biscuits, desserts, ice cream, pasta/noodles, health and medical food products, and sports bars/food/powder/drinks, for nutritional and functional purposes. It has a high concentration of total proteins, carbs (starch), crude fat, dietary fiber (nonstarch), a unique antioxidant, and vitamins and minerals. Such wide application scope of oats is the main factor, driving the oats market’s growth.
Key Market Segments
In terms of process, the rolled segment accounted for the largest share of the Asia Pacific oats market in 2020. In terms of category, the organic segment accounted for the largest share of the Asia Pacific oats market in 2020. In terms of nature, the conventional segment accounted for the largest share of the Asia Pacific oats market in 2020. In terms of form, the flakes segment accounted for the largest share of the Asia Pacific oats market in 2020. Furthermore, In terms of Application, the animal feed segment accounted for the largest share of the Asia Pacific oats market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific oats market in the Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical databases, among others. Major companies listed in the report are Blue Lake milling, Glanbia Plc., Lantmannen, and Richardson International Limited.
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Asia Pacific Oats Market Segmentation
By Process
By Category
By Nature
By Form
By Application
Companies Mentioned -
The Asia Pacific Oats Market is valued at US$ 1,669.37 Million in 2021, it is projected to reach US$ 2,265.29 Million by 2028.
As per our report Asia Pacific Oats Market, the market size is valued at US$ 1,669.37 Million in 2021, projecting it to reach US$ 2,265.29 Million by 2028. This translates to a CAGR of approximately 4.5% during the forecast period.
The Asia Pacific Oats Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Oats Market report:
The Asia Pacific Oats Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Oats Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Oats Market value chain can benefit from the information contained in a comprehensive market report.
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