Oat Proteins Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 1.22 % |
Fastest Growing Market | Europe |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Oat Proteins Market Analysis
The global oat protein market is projected to grow at a CAGR of 1.22%, during the forecast period (2020 - 2025).
- The market is driven by various factors, such as increasing awareness about protein-rich diets and rising inclination toward vegan diets among consumers. Additionally, the high nutritional value of oat protein has increased its adoption rate.
- The oat protein market is witnessing an increasing demand in almost all applications, including foods and beverages. Moreover, it is increasingly being used in health supplements, as it contains amino acids, which aid in the growth and repair of muscles.
- The COVID-19 pandemic has been identified as the most recent driver benefitting the market studied. As consumers are turning more toward nutritious diets and health supplements, it is putting a pressure on food manufacturers to launch differentiated product offerings relying on exceptional protein source as oat.
Oat Proteins Market Trends
This section covers the major market trends shaping the Oat Protein Market according to our research experts:
The Beverages Segment Registers the Fastest Growth Rate
The beverages segment of the market is expected to garner a significant revenue share over the forecast period. This growth is in line with the rise in consumption of plant protein-based beverages across the developed economies. The rise in consumer interest in increasing protein intake, increase in demand for clean labeling and products that offer ease of digestion and compatibility with the vegetarian and vegan lifestyle, and the need or desire to avoid allergens are some of the key factors expected to play significant roles in determining the demand for oat protein across the beverages segment of the market.
The United States Dominates the Oat Protein Market
According to the study conducted by FAO, in the United States, oats are the third most important grain crop. Additionally, the study stated that oat protein was seventh, in terms of the volume of production, after maize, rice, wheat, barley, sorghum, and millet. It is primarily consumed to reduce the risk of heart diseases, by reducing the cholesterol level in the body. For instance, Fazer Mills, an international family-owned company, offers Fazer Aurora Oat Beta Glucan, a natural-colored plant-based protein that contains the highest concentration of oats. It reduces cholesterol levels and provides digestive benefits.
Oat Proteins Industry Overview
The global oat protein market is fragmented, and has a large number of small-scale players. Significant major players are embarking on strategies, such as product innovation, expansion, and acquisition, as there is a small room for growth in the near future. The demand for oat protein is nullified by the surging growth of pea and soy as plant-based proteins, wherein, major players have a notable amount of investment to push the market forward.
Oat Proteins Market Leaders
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Tate & Lyle PLC
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Oy Karl Fazer AB
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Givaudan
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Croda International PLC
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*Disclaimer: Major Players sorted in no particular order
Oat Proteins Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables & Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Form
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5.1.1 Isolates
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5.1.2 Concentrates
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5.2 By Application
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5.2.1 Foods
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5.2.2 Beverages
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5.2.3 Personal Care/ Cosmetics
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5.2.4 Other Applications
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5.3 By Geography
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5.3.1 United States
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5.3.2 Canada
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5.3.3 China
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5.3.4 Japan
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5.3.5 Germany
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5.3.6 Netherlands
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5.3.7 Central Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Tate & Lyle PLC
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6.1.2 Oy Karl Fazer AB
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6.1.3 Harke Group
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6.1.4 Croda International PLC
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6.1.5 ³¢²¹²Ô³Ù³¾Ã¤²Ô²Ô±ð²Ô
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6.1.6 Ingredients by Nature
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6.1.7 Givaudan
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. COVID-19 IMPACT ON THE MARKET
Oat Proteins Industry Segmentation
Oat protein is available in isolate and concentrate forms, and has applications in foods, beverages, personal care/ cosmetics, and other industries. The study also covers the geographical analysis of the most active countries pertaining to the market, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa as regions.
By Form | |
Isolates | |
Concentrates |
By Application | |
Foods | |
Beverages | |
Personal Care/ Cosmetics | |
Other Applications |
By Geography | |
United States | |
Canada | |
China | |
Japan | |
Germany | |
Netherlands | |
Central Europe |
Oat Proteins Market Research FAQs
What is the current Oat Protein Market size?
The Oat Protein Market is projected to register a CAGR of 1.22% during the forecast period (2024-2029)
Who are the key players in Oat Protein Market?
Tate & Lyle PLC, Oy Karl Fazer AB, Givaudan, Croda International PLC and ³¢²¹²Ô³Ù³¾Ã¤²Ô²Ô±ð²Ô are the major companies operating in the Oat Protein Market.
Which is the fastest growing region in Oat Protein Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Oat Protein Market?
In 2024, the Europe accounts for the largest market share in Oat Protein Market.
What years does this Oat Protein Market cover?
The report covers the Oat Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Oat Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Oat Proteins Industry Report
Statistics for the 2024 Oat Proteins market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Oat Proteins analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.