North America Oats Market was worth USD xx billion in 2023 and is estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2028
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 North America Oats Market. However, factors like environmental variation effects and high cost of equipment for farming are hampering the growth of the market.
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 the fastest growing rate. The North America market has been geographically segmented into segmented into US and Canada. United States accounts for more than half of the market demand. In the case of imports, both raw oats and oat products are experiencing static growth in the United States market.
The Quaker Oats Company
Bob’s Red Mill Natural Foods
Mornflake
Grain Millers Inc.
Jordan’s Mill
Blue Lake Milling
Avena Food Ltd
The Hain Celestial Group, Inc.
European Oat Millers
Wild Oats Marketing, LLC
Richardson International
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1400
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region