Oat Milk Market to reach USD 2.86 Bn at a CAGR of 12.5 percent over the forecast period

May 16 20:48 2024
Oat Milk Market to reach USD 2.86 Bn at a CAGR of 12.5 percent over the forecast period
Oat Milk Market
Oat Milk Market is segmented based on Raw Material, Distribution, Packaging, Product, Source and End User. A bottom-up approach was used to estimate the Oat Milk Market size. Rise in growing vegan and plant-based trend amongst consumers.

Maximize Market Research, a global Food & Beverages market research firm has published a market research report on the “Oat Milk Market”. The Oat Milk Market size was valued at USD 2.86 Bn in 2023. The total Oat Milk Market revenue is expected to grow at a CAGR of 12.5 percent from 2024 to 2030, reaching USD 6.54 Bn during the forecast period.

Oat Milk Market Report Scope and Research Methodology

Market Size in 2023: USD 2.86 Billion

Market Size in 2030: USD 6.54 Billion

CAGR: 12.5 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 228

No. of Tables: 132

No. of Charts and Figures: 197

Segment Covered: By Raw MaterialDistribution, Packaging, Product, Source and End User

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Oat Milk Market Scope and Research Methodology

The Oat Milk Market Report delves into the evolving landscape of hybrid marine transportation, exploring trends, challenges, and opportunities. Through extensive market research, including data analysis, industry surveys, and expert interviews, the report provides insights into market size, growth projections, key players, and technological advancements. By employing a comprehensive research methodology, it offers a complete view of the Oat Milk market, guiding stakeholders in making informed decisions and strategic investments. The research methodology in this report includes primary and secondary collection of data sources, surveys of the market, and in-depth interviews with key industry investors

Oat Milk Market Overview

A growing consumer desire for plant-based substitutes for dairy milk has driven the oat milk market’s recent significant growth. Favoured for its mild flavor, creamy texture, and nutritional advantages such as being low in saturated fat, lactose-free, and an excellent source of vitamins and minerals oat milk is also popular. Oat milk production has a lower carbon impact than dairy farming, which has further spurred the market’s growth amid rising concerns about environmental sustainability. Major food and beverage firms have joined the oat milk industry, providing a variety of products to meet the needs of varying customer tastes. Continued product innovation, marketing initiatives, and the growing acceptance of plant-based diets are anticipated to drive market growth.

Oat Milk Market Dynamics

The market for oat milk is increasing significantly as a result of consumer trends toward diets based on plants and sustainable eating options. Oat milk’s nutritional profile, which includes low-saturated fat, high fiber content, and no cholesterol, is in line with wellness and health concerns. Concerns about the carbon footprint of the dairy sector and the environment also influence customers to select oat milk as a sustainable substitute. Market growth has also been aided by novel products such as flavoured and fortified variants. Opportunities for market development persist despite obstacles including price volatility and supply chain interruptions, particularly in emerging regions where disposable incomes and consumer awareness are growing.

Oat Milk Market Regional Analysis

The market for oat milk varies by region and is driven by dietary patterns, customer preferences, and market maturity. North America leads because of its plant-based products and health-consciousness, while Europe follows with nations like Germany, Sweden, and Finland. Health consciousness and lactose intolerance are driving up demand in Asia Pacific nations including China, Japan, and Australia. Health trends and a rising middle class are driving prosperity in Latin America. Because of their reliance on dairy products, the countries of the Middle East and Africa are still developing, although product availability and health consciousness are spurring expansion. Because of regional differences in economic conditions, trends, and tastes, the market trajectory differs.

Oat Milk Market Segmentation

By Raw Material

  • Plant Based
  • Animal Based

By Distribution         

  • Supermarket &
  • Hypermarket
  • Grocery Store
  • Online Retail
  • Others

By Packaging 

  • Cartons
  • Bottle
  • Others

By Product    

  • Plain
  • Flavored

The flavored segment, including vanilla and chocolate, is projected to grow significantly thanks to rising consumer demand for innovative products. The organic segment is also expected to expand rapidly and reflecting a trend towards natural and organic foods. Cartons are expected to dominate packaging thanks to their environmental friendliness and recyclability. Supermarkets/hypermarkets likely be the dominant distribution channel, given their accessibility.

By Source      

  • Organic
  • Conventional

By End-User

  • Food and Beverage
  • Household
  • Food-service Industry

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Oat Milk Market key players include

North America:

  • Pacific Foods of Oregon LLC (USA)
  • Califia Farms LP (USA)
  • Elmhurst Milked Direct LLC (USA)
  • Pacific Foods of Oregon LLC (USA)
  • Earth’s Own Food Company Inc. (Canada)
  • Lyrical Foods, Inc. (USA)
  • Chobani LLC (USA)
  • Forager Project (USA)
  • SunOpta (USA)
  • Rippel Foods (USA)


  • Oatly AB (Sweden)
  • Danone SA (France)
  • Rude Health (UK)
  • Planet Oat (New England)
  • Frías Nutrición (Spain)
  • Majan food industries (UAE)

Asia Pacific:

  • Vitasoy International Holdings (Hong Kong)
  • Pureharvest (Australia)
  • Yeo Hiap Seng (Singapore)
  • Varun Beverages Ltd (India)
  • Lam Soon (Hong Kong)
  • Samsuk Food (Asia Pacific)
  • INC

Key questions answered in the Oat Milk Market are:

  • What is Oat Milk Market?
  • What was the Oat Milk Market size in 2024?
  • What is the expected Oat Milk Market size by 2030?
  • What is the demand pattern for the Oat Milk Market?
  • Which region held the largest share in the Oat Milk Market?
  • Who are the key players in the Oat Milk Market?
  • Which are the factors expected to drive the Oat Milk Market growth?
  • Which segment dominated the Oat Milk Market growth?
  • Who is the largest key player in the Oat Milk Market Growth?
  • What is the growth rate of the Oat Milk Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Product Type, Services, and Application.
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:

Oatmeal MarketThe total market size was valued at USD 5.81 Bn in 2022 and is expected to reach USD 10.1 Bn by 2029, at a CAGR of 8.2 percent. The market’s growth is driven by rising demand for plant-based foods

Oat Gum MarketThe total market size was valued at USD 870.25 Mn in 2022 and the revenue is expected to grow by 6.5 percent from 2023 to 2029, reaching USD 1352.37 Mn. The market’s growth is driven by Gluten-Free and Non-Allergenic

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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