Latin America Oats Market

Latin America Oats Market Size, Share, Growth (2022-2027)

Latin America Oats Market was worth USD xx billion in 2021 and is estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027

Latin America Oats Market Overview

Oats are widely used cereal grains grown for its seed and are scientifically known as Avena sativa. Currently, oats rank seventh in the world production of cereals after maize, rice, wheat, barley, sorghum and millet. Oats are internationally used as animal feed, cosmetics and consumer food. They have high nutritional values like proteins, vitamins, minerals, dietary fibre, beta-gluten, unsaturated fatty acids, and antioxidants.Oats are suitable for human consumption as oatmeal and rolled oats, are the most commonly used as livestock feed. Oats are best grown in moderate climates such as autumn or in spring owing to their requirement of low heat and greater tolerance to rain compared to the other cereals. Oat flakes are currently the most popular type of oat based food products and they are gaining popularity globally in the form of breakfast cereals. Major part of oat production is used as animal feed while cosmetics constitute a small fraction of oats consumption.High beneficial health effects, increasing awareness about animal nutritional requirements, changing farming practices, rise in confectionary food, increasing availability of low cost ingredients, increase in disposable income, innovative seed breeding techniques and rising health awareness are the factors driving the growth of the Latin America Oats Market. However, factors like environmental variation affects and high cost equipment for farming are hampering the growth of the market. 

Latin America Oats Market Segmentation

on the basis of

• type

• application

Depending on the type,

• steel cut oats

• rolled oats

• oatmeal

• oat flour

• instant oats

On the basis of application

• bakery products

• animal feed

• food ingredients

• health care

• cosmetic products

The majority of the produced oats is used as animal feed whereas oats as human food is expected to have fastest growing rate.

Latin America Oats Market Regional Analysis

• Brazil

• Mexico

• Argentina

Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in the market.

Keyplayers

1. The Quaker Oats Company

2. Bob’s Red Mill Natural Foods

3. Mornflake

4. Grain Millers Inc

5. Jordan’s Mill

6. Blue Lake Milling

7. Avena Food Ltd

8. The Hain Celestial Group, Inc

9. Latin Americaan Oat Millers

10. Wild Oats Marketing

11. Richardson International