The growing inclination towards healthy meals can have a tremendous impact on the global organic oats market, states Fortune Business Insights, in a report, titled “Organic Oats Market Size, Share and Industry Analysis, By Product Type (Steel-cut Oats, Regular Rolled Oats, Instant Rolled Oats) By Application (Bakery and Confectionery (Bread, Cakes, Cookies, Muffins)Ready-to-eat Snacks, Breakfast Cereals, Personal Care Products), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online Channel, Retail, Others) Others and Regional Forecast, 2021-2028.” The market size is expected to experience rapid growth during the forecast period due to the changing eating habits.
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The report on the organic oats market portrays:
- Prominent understandings of the market
- Swot Analysis of the regions
- Latest market trends and developments
- Stellar insights into the competitive landscape
Increasing Health-Conscious Consumers to Aid Growth
The increasing consumption of organic oats as healthy snack products and breakfast cereals can spur opportunities in the global market. Organic oats help in reducing the cholesterol level in the body. The increasing awareness about oats’ ability to reduce cholesterol level, colorectal cancer, coronary artery disease, and other digestion-related problems can further boost its demand among consumers, which, in turn, can aid the expansion of the market. Organic oats are also rich in dietary fibers and offer various health benefits when consumed on a regular basis. Consumption of organic oats also aids in weight management.
Moreover, the increasing preference for organic food products coupled with increasing disposable income can incite the market’s development in the forthcoming years. However, fluctuating prices of organic oats are likely to hamper the market growth in the upcoming years. Besides, lack of marketing standardization and declining oats plantation can further dampen the market’s growth in the foreseeable future.
Breakfast Cereals Segment to Dominate the Market
Based on application, the global organic oats market is classified into bakery and confectionery, breakfast cereals, and personal care products. The breakfast cereals segment is expected to hold the largest share during the forecast period owing to its increasing demand among consumers. The growing consumer expenditure on healthy convenience food items and confectionery products can bolster the segment’s growth. Based on the distribution channel, the global organic oats market has been divided into hypermarkets/supermarkets, online, specialty stores, convenience stores, and retail. The application of organic oats in hypermarket and supermarket is expected to be the highest during the forecast years,
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Increasing Obese Population to Propel Market in North America
The market in North America is expected to dominate the global organic oats market during the forecast period. The increasing obese population in Canada and U.S. can foster healthy growth of the organic oats market in North America. The growing population and rising awareness about the health benefits of consuming oats among many individuals is expected to aid development in the region. Furthermore, shifting eating habits of the American population coupled with the rising number of companies are expected to enable speedy expansion of North America’s market. Asia Pacific is expected to hold a significant organic oats market share during the forecast period. The region’s growth is attributed to the high production and consumption of organic oats in India and China.
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